Week in Review August 6-10
The Spotlight | Laurenceairline (Emerging Designers)
“Many recent international fashion collections have been ’inspired’ by African culture and crafts. But why have we heard so little about designers originating from Africa itself? Enter Laurenceairline, a small Paris-based menswear label…”
Finding Your M.O. | Part 5: How to Choose the Right Investors (Education)
“Last month, in Part 3 of this series, I wrote about the importance of putting together a good business plan to focus your company and drive the fundraising process. But just as critical as building a good plan is finding good investors to read it and put money into your business.”
Apple Wants To Buy Pinterest Rival, The Fancy (Business Insider)
“Apple is in talks to acquire The Fancy, a fast-growing social commerce site backed by cofounders of Twitter and Facebook, Business Insider has learned. The objective: to secure a role for Apple in the growing e-commerce market.”
Anna Piaggi, Fashion Editor With a Keen Eye for Trends, Dies at 81 (NY Times)
“Anna Piaggi, an oracular Italian fashion editor known for an endless array of eye-popping, wildly colorful outfits of the most peculiar combinations, ranging from vintage Patou to thermal mountain rescue coats to a uniform vest from late-period McDonald’s, died Tuesday at her home in Milan.”
Fashion’s Most Angry Fella (Vanity Fair)
“When John Fairchild, the tyrannical, mischievous editor in chief of Women’s Wear Daily and founder of W magazine, stepped down from his Fairchild Publications throne, in 1997, it was supposed to be a clean break. Fifteen years later, at the age of 85, the onetime terror of the fashion industry is still stirring the pot.”
Prada first-half revenue buoyed by robust Asian growth (Reuters)
“Italian fashion house Prada, which competes with Louis Vuitton and PPR’s Gucci, posted a 36.5 percent jump in first-half revenue, buoyed by strong growth in Asia, with sales driven mainly by its Prada and Miu Miu brands.”