At Prada: Glorious Graphics (NY Times)
"Miuccia Prada went back to her basics: geometric print, graphic, straight line cutting and embellishment — but the result was like seeing reruns of early ideas digitally enhanced to a Blade Runner-style futurism."
Bleak Christmas for Gap as earnings drop 40% (FT)
"Gap’s efforts to revive its fortunes suffered another setback in the crucial Christmas quarter when the clothes retailer’s sales fell both in the US and overseas and net earnings dropped 40 per cent."
Gucci Using Python as Rich Drive Profit Margin Above 30% (Reuters)
"For Gucci Chief Executive Officer Patrizio Di Marco, attracting the wealthiest clientele comes at a higher price. Since joining Gucci from sister company Bottega Veneta in 2009, Di Marco has put more emphasis on precious materials and craftsmanship amid concerns the label was becoming less exclusive. "
Online Landscape Evolves With S-Commerce (WWD)
"Department stores such as Nordstrom and J.C. Penney recently shuttered F-commerce storefronts and ceased selling on the digital platform, but it doesn’t matter, experts contend, because the landscape has already shifted to social commerce, or s-commerce."
Paul Smith, the pin-striped prankster (AFR)
"Like his impeccably tailored jackets that swing open to reveal a bounce of bold colour, Nottingham-born Paul Smith is a cautious if somewhat laid-back businessman with a flair for the quirky and the original... His appeal, like his clothes, is a simple equation: straightforward + quirky, with a sense of humour."