A Collector of Scoops Steps Down (NY Times)
"As the editorial director of WWD [and W]...Mr. McCarthy always considered his publications to be the singular powerhouse for scoops, whether a designer was changing jobs or a retailer was headed for bankruptcy. In fact, his reign was so great that it was called 'the McCarthy era.'"
Burberry & LVMH Top List for ‘Mystery’ Luxury Shoppers (Just Luxe)
"According to figures based on the latest WealthSurvey study by NY-based independent luxury market analysts, the Luxury Institute, high-end consumers prefer Burberry and Louis Vuitton in providing the best 'in-store customer experiences.'"
Hermès 2009 Profit Falls as Distributors Trim Inventory (Business Week)
"Hermès International SCA, the French maker of luxury handbags and silk ties, said full-year profit declined as distributors cut inventory."
Fashion Week Starts in Seoul (Korea Times)
"It's been 10 years since Seoul Fashion Week began, under the auspices of the Seoul Metropolitan Government which identified fashion as one of the industries to receive strong government support."
Fashion Pros Share...Sometimes Too Much (WSJ)
"Twitter is still so new that we have no Emily Post rule book to go by. We're still figuring out how the social-media phenomenon, which allows people to send 140 character text messages to groups of followers, can augment our lives."