Prada to Add 260 Shops in 3 Years on Demand From BRICs (BusinessWeek)
"Prada, the Italian fashion company that owns the Miu Miu and Church’s brands, plans to add 260 stores in the next three years to tap demand in emerging markets including Brazil, China and Persian Gulf countries."
Asos fashion retailer's top managers reap £66m payout (Guardian)
"Seven top managers of online fashion retailer Asos are being handed £66m in shares after hitting all the targets in a three-year incentive plan. Chief executive and founder Nick Robertson is receiving almost 1.5m shares worth nearly £25m while his three fellow directors are sharing more than £35m, and a further £6m is being handed to three senior colleagues."
Nordstrom Intensifies its Internet Presence (Forbes)
"Nordstrom management has committed to invest this year $140 million or about 30% of total capital expenditures for IT infrastructure this should give customers the same high quality of service on the Internet as they have in the store. Nordstrom added that today’s customer demands both speed and service."
Q&A Andrew Rosen (Style.com)
“As the CEO of Theory and Helmut Lang and an investor in on-the-rise New York labels like Rag & Bone, Alice + Olivia, Gryphon, and now Proenza Schouler, Andrew Rosen occupies a unique and uniquely powerful perch in American fashion.”
i-N Conversation: Proenza Schouler (i-D)
"For autumn/winter 12 Jack and Lazaro reached out to Bhutan and Japan for inspiration but, as they reminded us, not without their secret ingredient, New York. Having already won four awards at the CFDA, the pair were recently and rightly nominated for the Womenswear Designer of the Year Award."