Fashion in the news: January 26, 2011
Fashion in the news is a collection of articles and blog entries that catch my attention, and is in my opinion worth reading. Enjoy!
The video above presents highlights from the spring/summer 2011 haute couture collection by Armani Privé. The collection is a departure from Armani’s normal aesthetic for the line – the designer adopts a space age look this season using strong jewel tones and cut-out silhouettes that mainly accentuate the hips. The fabric and colour combinations contribute to the stunning and captivating characteristics of this collection.
Asian shoppers thirst for luxury (BBC) – "China is emerging as what will soon be the biggest luxury market in the whole world... their buying power will shape the needs and demands of the rest of the world.”
Prada Said to Decide on IPO (Bloomberg) – “An announcement could follow as early as February, paving the way for a possible listing in June or July... Hong Kong is among markets Prada is looking at for a possible listing.”
Inside Berlin Fashion Week (Flare.com) – Good friend and fellow blogger, Danielle Meder of Final Fashion recounts her experiences at Berlin Fashion Week by contributing a series of blog entries on Flare.com.
U.S. retail invasion gathers steam (Globe and Mail) – U.S. retailers are posed to invade Canada as early as this spring and the Globe and Mail lists 12 companies which Canadian should watch out for.
Japanese Department store sales fall 3.1% in 2010 (Japan Times) – “Japan’s department store sales in 2010 declined 3.1% from the previous year on a same-store basis, down for the 14th consecutive year due to weak consumer confidence amid the economic downturn.”
With Target, Canada’s retail landscape set for massive makeover (National Post) – “HBC sold the bulk of its weakest chain, Zellers Inc., to the U.S. retail giant. Target will assume control of up to 220 Zellers stores and said it will spend more than $1-billion to convert 100 to 150 of them to its own banner within the next two to three years.”
Fashion blogger designs first collection for H&M (Reuters) – Hennes & Mauritz and "Swedish fashion blogger Elin Kling had created a minimalist collection to be launched exclusively in Sweden on February 3."
