Narciso Rodriguez Autumn/Winter 2013 | Source: Nowfashion
What Narciso Knows (WSJ)
Before Wichser’s arrival, the label’s recent history had been especially tumultuous. In 2007, after years of frustrating stops and starts—due to insufficient funding and ineffective management—Rodriguez still remained on top creatively, but the business itself was on the brink of bankruptcy.”
PPR Confident for 2013 as 2012 Earnings Exceed Estimates (Bloomberg)
“PPR the French owner of Gucci, said it expects to significantly improve its operating and financial performance in 2013 after reporting full-year profit that exceeded analysts’ estimates.”
You Have to Be There to Feel It (NY Times)
“High fashion has always been the preserve of the intrepid few and the babied rich, but at a time when shows are accessible to anyone with a smartphone — and when designers and their image-makers are adept at styling up a collection for a visual jolt — the sense of touch becomes an experience that can’t easily be shared.”
H&M comparable sales shrink for fourth straight month (Reuters)
“Swedish budget fashion retailer Hennes & Mauritz, which has been hit by weak European consumer spending, posted on Friday its fourth straight monthly drop in comparable sales.”
What happens when fashionistas meet Silicon Alley hackers (Pando Daily)
“It is about time the two industries met, and it’s only beginning to trickle down beyond the most surface-level tech innovations like consumer-facing virtual closet apps. Those making the fashion sausage — the buyers, designers, planners, merchandizers, marketers — want actual tools, and they want to be involved in the development of them to ensure their effectiveness.”