In the Money! (IHT)
"The changes are more profound than just strong sales figures, which, in the end, will be counterbalanced by weak numbers from other regions and financial fears about the euro zone. Italian fashion is undergoing the change from successful family-owned brands to multinational conglomerates."
Branding the Baby (WSJ)
"Although there were a few early adopters, such as Armani and Stella McCartney's wildly popular collections for the Gap, the fashion world's enthusiasm for kids' clothing has reached a frenzied pitch this year, with design houses adapting popular ready-to-wear looks, allowing moms and dads to match their tots."
China to cut import duties on luxury goods soon (Reuters)
"China, already the world's second-largest luxury goods market, will soon slash import duties on opulent items... The bid to keep well-heeled Chinese shoppers at home is in line with Beijing's over-arching plan to boost domestic consumption and cut China's dependence on exports to drive its economy."
Createthe Group Buys Morpheus Media (WWD)
"'We’ve been looking to strategically build our media offerings because we find that our clients are looking for a full-service approach,' said Createthe Group’s founder and chief executive officer James Gardner. 'We found that Morpheus was able to provide complementary offerings [to ours].'"
The wayward genius of Brian Duffy (Telegraph)
"Close to breakdown, the outspoken photographer Brian Duffy decided to burn all his iconic images from the 1960s and 70s. But he reckoned without a worldwide search for lost negatives - now published in a new book."