Calvin Klein Autumn/Winter 2012 | Source: Calvin Klein
PVH Consolidates Calvin Klein With $2.9 Billion Warnaco Buy (Bloomberg)
“PVH the owner of the Tommy Hilfiger brand, agreed to buy Warnaco Group in a $2.9 billion transaction, creating a company with $8 billion in sales and bringing all Calvin Klein-branded apparel under one roof.”
China Luxury Sales to Get Boost After Leadership Change (Bloomberg)
“Luxury companies are betting that Chinese shoppers who are buying fewer gold bars and lavish gifts for their business dealings will loosen the purse strings after a once-a-decade government change in Beijing.”
Shops will be ‘little more than showrooms’ (FT)
“Britain’s high streets will become little more than glorified showrooms because of the rise in internet commerce, according to new research. Online shopping will account for at least a third of UK retail commerce by 2022, up from 13 per cent, and the high street will no longer be where transactions are primarily made, according to Economist Intelligence Unit forecasts.”
London Collections: Men autumn/winter 2013 line-up announced (Telegraph)
“Today, the British Fashion Council reveals its line-up for the second London Collections: Men. And despite the tricky timing – it will run from January 7 to 9 – there are definite signs that this is an event that’s gathering momentum.”
How fashion bloggers are cashing in (Guardian)
“With Anna Dello Russo working with H&M, the Sartorialist’s Scott Schuman on his second book and Bryan Boy a judge of America’s Next Top Model, no one needs telling that bloggers are now seriously influential. And they are turning that influence into cold hard cash.”