The rewards of failure. Tamara Mellon, the woman who turned Jimmy Choo into a footwear phenomenon, has filed for voluntary Chapter 11 bankruptcy protection. In case you don’t know, that’s a US system that allows companies time to reorganise and hopefully get back on track without the threat of creditors moving in to close it…
Interesting piece in the Business of Fashion today. Apparently Gucci won’t be marking down Alessandro Michele’s AW15 women’s and men’s collections. Actually, it might. The company could possibly have just enough left over of the collections that Michele designed in a week during January to supply Gucci’s outlet stores. But that’s not a certainty as…
How much would you pay for something with a Roger Vivier label on it? €415m maybe? That’s what Diego Della Valle’s Tod’s group has just spent. Ok, for that it gets the entire brand, not just a beautifully crafted pair of shoes or a bag. But it still seems like a lot of money for…
Peter Pilotto was the subject of the V&A’s Fashion in Motion series on Friday, presenting a curated selection of designs that showed off label’s brilliant way with print and pattern. The runway show, which celebrated an undeniably future-thinking label, looked even better in the historic setting of the London museum’s Raphael Gallery featuring the 15th Century Altarpiece…
Burberry, Belstaff and Public School have kicked off the pre-fall 16 season (even earlier than usual this year). And what’s on offer? Some cosy-but-rugged outerwear options that mean you don’t have relegate your parkas and bombers to the back of the wardrobe just yet.
India’s digital market is growing and more homegrown business are gearing up to exploit that growth. Styletag.com, the country’s first online curated fashion and lifestyle startup has raised US$7.5m in angel funding from real estate magnate Jitu Virwani.
It’s a challenging time for the luxury sector as profits take a dive due to… well, you know, the usual suspects – Russia, the Middle East, China – all those places that used to be the very reason luxury did so well. So how about Burberry? Well, on Thursday the UK luxury leader said its…
News emerged today that the Yoox and Outnet buying effort will be combined. But with both selling product from previous seasons to a similar set of customers and with the Italian Yoox.com easily dwarfing smaller Outnet.com, can it continue to exist in its current form? Of course, there are differences between the two as well…
Luxury watch maker Tag Heuer has unveiled its first ‘smart watch’, an Android Wear device based on its Carrera series that sells for $1,500. It makes Apple’s highest-priced watch look pretty overpriced at $10,000. Let’s face it, most luxury watch buyers would probably rather have a Tag-branded device on their wrists than an Apple one.…
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