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November 8, 2010

Daily News: A Global Roundup

By JC Report

“The subject of heritage is red-hot because, faced with fierce global competition, brands have to decide which way to go: back to the comfort zone of craftsmanship and quality, as Gucci has done; fast forward into the world of live screening and e-commerce; or a delicate balance between the two?” (New York Times)

“So in a fashion landscape in which designers aim to create a look and a brand that is catchy and understandable, the Mulleavys have aimed for something personal and strange.” (New York Times)

“Online fashion retailer Asos has said it hoped a new feature allowing smaller, independent designers to sell through its website will help it build on a strong run of sales.” (The Press Association)

“Adidas AG, the world’s second-largest sporting-goods maker, rose the most in more than a month in Frankfurt trading after saying it aims to increase sales as much as 50 percent in the next five years.” (Bloomberg)

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