That Dress Is So Preschool (NY Times)
“Now, children are the new accessory, as once-snooty brands line up to please conservative-minded millennials while they use tiny garments to strengthen their brand power in regions like Asia.”
Solid Q1 sales growth at French luxury group PPR (Business Week)
“Blockbuster growth in luxury sales drove an 11 percent gain in first-quarter revenue at French retail and luxury group PPR.”
ASOS to meet profit hopes as sales rise (Retuers)
“Fast growing British online fashion retailer ASOS said it would meet forecasts for year profit after it posted a 34 percent rise in fourth-quarter sales driven by growth in overseas markets.”
Alistair Carr and Pringle of Scotland part ways (Telegraph)
“Carr, a Central Saint Martins who had previously worked at Balenciaga, was appointed design director of Pringle of Scotland in March last year, succeeding Clare Waight Keller , who left for Paris label Chloé.”
LVMH Engages Chinese Influencers With Nowness (Brand Channel)
“Even though luxury products continue to enjoy popularity, there are signs that store sales may be leveling off in China. That’s why LVMH is looking to the Internet as a new way of engaging upscale Chinese consumers, as evidenced by the launch of a Chinese-language version of itsNowness.com portal.”