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BoF Daily Digest | Redcats sale near, Prada exodus, Consumer confidence in China, Tiger burning, Tim Walker

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Puma shipping container store | Source: Gliving

PPR nears sale of Redcats catalogue arm (FT)
“PPR is to announce the sale of all or part of its Redcats catalogue business before the end of the month, moving closer to its goal of becoming a pure clothing and accessories company.”

Third of Prada managers leave after IPO (FT)
“Prada the Italian luxury goods group, lost a third of its top managers in the nine months following its initial public offering last year in what current and former employees have called a continuing trend of high turnover.”

China retail sales growth slows, but consumers still confident (Reuters)
“China’s retail sales growth slowed during the Golden Week break, but demand was better than expected, and authorities provided a snapshot of increasingly important sources of demand in the world’s second-largest economy.”

Burning Bright: Tiger of Sweden (Independent)
“Founded in 1903 near Gothenbery, the Tiger brand has been built around the principle of offering a ‘modern, sharp and accessible’ look. ‘The ethos of the brand combines the perfect fit with interesting materials and designs,’ explains Thunmarker.”

Tim Walker: Story Teller (NOWNESS)
“From a flying saucer invading a foxhunt to floating dinner tables, photographer Tim Walker’s fantastical images tantalizingly blur the line between fiction and reality.”


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