In Milan, Trying to Leap the Obstacles (NY Times)
"Maybe reality is always too unreal without time to reflect, but the problem now seems acute for designers. Many say they don’t have time to design in the traditional sense: exploring new fabrics and shapes. Some have unusual corporate pressures. Their instinct, then, is not to look around them but to adapt the myths of the last few hundred years, be they Mods, flappers or horse-riding dukes."
Video Raises Questions for Designer (NY Times)
"John Galliano, the chief designer for Christian Dior, faced fresh accusations on Monday of anti-Semitism after a video surfaced of Mr. Galliano appearing to deliver a tirade in a Paris bar...As the video circulated Monday, executives from Dior and its parent company, LVMH Moët Hennessy Louis Vuitton, held emergency meetings about how to respond."
Icelanders put All Saints up for sale (Telegraph)
"All Saints said that the banks 'are looking to exit and realise a return on their investment'... The retailer, known for its grungy chic, currently has 63 stores and 47 concessions in the UK, Europe, the US and Russia. It is majority-owned by Kevin Stanford, the entrepreneur who built up the Karen Millen clothing chain with his ex-wife of the same name."
Luxottica Targets Growth in Emerging Markets (Bloomberg)
"Luxottica, the world’s largest maker of eyeglasses, predicted it will increase revenue and profitability this year as consumer demand for branded goods rises. The company is in 'an ideal position to continue throughout 2011 with solid, stable growth in net sales and a more than proportionate increase in profitability.'"
The Lady Whisperer (WSJ)
"Since launching his namesake label in 2006, American sportswear designer and maestro of the cocktail dress Jason Wu has earned a devout following among Hollywood ingénues and society gals... Now a household name, the Parsons alum continues to forgo fleeting trends for timeless, elegant ensembles in his growing empire of ready to wear, bridal and accessories."