“A European private-equity firm is expected to sell its shares in the design house Proenza Schouler to a group of New York investors led by John Howard, the chief executive of Irving Place Capital, and Andrew Rosen, a seasoned garment industry executive behind Theory and Helmut Lang.” (The New York Times) “Luxury brands such...
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Suddenly evidence of a new phase in the cycle of evolving masculine imagery was all over the catwalks in the runway season that recently ended. Just as suddenly it can be seen splashed across the covers of magazines, where the boys of recent memory have been transformed overnight into men.” (The New York Times)...
“Chief executives of high-end department stores are betting on off-price outlets to generate growth, even as they curb discounts at their main stores.” (WSJ) “Stefano Tonchi reveals W’s September issue details.” (New York Magazine) “Luxury retailer Barneys New York is on the verge of hiring Gucci’s former president and chief executive Mark Lee as...
Vanity Fair reveals 2010 International Best-Dressed List. (Vanity Fair) “For anyone thinking that student life is about cheap beer and second-hand coats, a degree course is offering an immersion into indulgent luxury.” (BBC) “Trands is one of a handful of emerging Chinese brands that someday hope to take on the likes of Gucci, Armani...
“The price of luxury has risen despite the recession.” (The Telegraph) “Following in the footsteps of competitors like Yves Saint Laurent and Gucci, Prada will launch an online boutique for US customers.” (Fashionista) “To celebrate 5 Years of Lula’s editor in chief Leith Clark has collaborated with Harvey Nichols on a pop-up curated by...
“They say the camera adds 10 pounds. But in Elle’s case, MTV is making the women’s style magazine look like an 800-pound fashion world behemoth.” (New York Times) “With Annie Lennox as a vibrant, emotional accompaniment and a front row of celebrities including Morgan Freeman and Peaches Geldof, Dolce & Gabbana celebrated 20 years...
“Since he started his business in 1985, when he was 34, with Mohan Murjani, the Indian textiles magnate behind Gloria Vanderbilt jeans, Mr. Hilfiger has had the good fortune to team up with financial partners who enabled him to create the kind of world where living in denial can be an asset.” (New York...
Italy, home of fashion powerhouses Gucci, Prada and Giorgio Armani, thinks it has been snubbed by one of the fashion world’s most powerful players: Anna Wintour. (WSJ) In Britain, “The Royal College of Psychiatrists called for warning symbols to accompany airbrushed snaps of models and stars as a way to battle eating disorders.” (NY...
“The sudden death of Alexander McQueen leaves Gucci Group, the parent company of the British designer’s eponymous fashion house, to decide whether it can chart a future for a brand that was inextricably linked to its creator.” (WSJ) “The Paris District Court ordered eBay Inc. to pay EUR200,000 to LVMH Moet Hennessy Louis Vuitton...










