November 2007

11/28/07: Bad PPR PR?

November 28, 2007

1:19 p.m.Major Luxury-Goods Conglomerate PPR, which includes such famous brand names such as Gucci, Yves St. Laurent, Sergio Rossi and Balenciaga, as well as newly acquired sports brand Puma, is feeling the pinch of the global credit shakedown as Credit Suisse downgraded its rating of the PPR stock from “outperform” to “neutral”, sending shareholders scurrying [...]

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11/26/07: Black Friday and Its Aftermath

November 26, 2007

10:33 p.m.The big news was that retail sales were up 4-5% from Black Friday 2006, but the deep dark lining around that silver cloud is that retailers slashed prices far more aggressively this year than last, and that shoppers lined up to get at those bargains because they have less money to spend this year [...]

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11/21/07: Schwab Takes the Prize

November 21, 2007

4:32 p.m.I’m a little more than a week late to the news, but one of my favorite young designers, Marios Schwab, was awarded the Swiss Textiles Award in Zurich, after also winning Best New Designer at the British Fashion Awards in 2006. The Swiss award is financially lucrative (100,000 euros to the winner) and intended [...]

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11/20/07: The Luxury Trainwreck

November 20, 2007

9:08 p.m.If the following article is any indication, global luxury groups are in for a bumpy ride come 2008 / 2009: At Subprime Event Too Early to Tell Who’ll Survive “The subprime crisis, which has claimed the jobs of three chief executive officers and prompted more than $45 billion in writedowns at the world’s biggest [...]

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11/19/07: Out With The Old Bag

November 19, 2007

6:20 p.m.There’s been rumblings of discontent in fashion blogs and fashion reviews over the spring and summer about the gargantuan proportions that handbags and totes are beginning to achieve, with many writers and shoppers wondering if it’s even possible for normal human beings to carry something any larger: This Bag is Too Big: Marc by [...]

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11/18/07: Gimme My McLatte

November 18, 2007

8:32 p.m.Clash of the Titans? McDonald’s Eyes Ballooning Coffee Market “After the success of its upgraded drip coffee — which even managed to snag a thumbs-up from testers at Consumer Reports earlier this year — the fast food chain known for super-size meals is gearing up for a massive expansion into the world of lattes [...]

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11/17/07: Nuts For Cavalli

November 17, 2007

Roberto Cavalli debuted his line of cheap fashion wear for fast fashion chain H&M, and the crowds ate it up like a pack of starving tigers set loose in your local Sizzler! In New York:The Fashion Bomb Does…Roberto Cavalli @ H&M And in London:Roberto Cavalli at H&M: The queues, the scrum, the madness! Cavalli’s H&M [...]

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11/16/07: Burberry Studs It Up

November 16, 2007

4:32 p.m.Say the name “Burberry” and you’re likely to conjure an image of khaki trench coats and prim tweed suits, but Burberry is your grandmother’s brand that has now gone modern with a vengeance, pushing aside the emphasis on staid wardrobe styles and refocusing on the bread and butter of every brand with respectable world [...]

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11/15/07 : To List or Not To List

November 15, 2007

3:45 p.m.The first time Prada announced its intention to launch an IPO, September 11th, 2001 stepped into its path and obliterated the attempt. In 2002, Prada was game for a second IPO shot, only to veer off the path once they got a whiff in the air that fashion behemoth Burberry was making plans to [...]

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11/14/07

November 14, 2007

4:42 p.m.After months of being assaulted with nothing but black, grey, deep chocolate brown and variations thereof, it’s nice to finally start seeing a bit of color out there in the great wide world of what to wear: 1.) This Mulberry Mabel is the shiniest, grapiest (is that even a word — never mind, I [...]

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