NEW YORK, United States — Over the past ten years, the eco-fashion movement has been gathering steam. Following the lead of pioneering brands like Stella McCartney and NOIR, which were founded on the basis of ethical principles near the turn of the millennium, there are now entire fashion exhibitions, forums and blogs all focused on [...]
India, Brazil on hold, luxury targets Middle East (Economic Times)
“Luxury groups discouraged by thickets of red tape and taxes are putting on ice ambitions to expand into India and Brazil and focusing instead on the Middle East, their No.2 priority after fast-growing China.”
Auction of Fashion House Gianfranco Ferré to Begin (WSJ)
“The auction of bankrupt Italian [...]
Harrods’ new owners announce upgrade plans (Telegraph)
“Qatar Holding is expected to back an expansion programme into new areas including China. Harrods could become a global franchise as new owner… announces plans to ‘upgrade’ the luxury retailer.”
BCBG opens in London (Elle.com)
“BCBG Max Azria is the latest U.S. label to open its doors in [...]
Even Luxe Buyers Expect Discounts (Adweek)
“We examine some other aspects of the luxury-buyer mind-set, including attitudes toward discounting and brands’ use of the Internet, as well as the post-recession outlook.”
The New Must-Have Accessory (WSJ)
“Amid a recession that’s clobbering sales of designer apparel, growing numbers of designers are rushing to embrace mobile-device technology in hopes of [...]