Michael Kors Brand Takes on Coach in U.S. Luxury Market (Bloomberg)
“Coach Inc. faces an upstart with momentum and brand recognition. His name is Michael Kors. Since the designer’s company went public three months ago, his ambitions have become clear.”
Ferragamo eyes growth after profits beat forecasts (Reuters)
“Italian luxury shoemaker Salvatore Ferragamo is expecting ‘significant growth’ in 2012 after sales in Asia of its leather handbags and shoes helped lift full-year profits above forecasts.”
Dover Street Market Opens in Tokyo (WSJ)
“Tokyo is already a mecca for cutting-edge design, but its fashion credentials may have just gone up a notch with the launch of Dover Street Market in Ginza Friday.”
Mr Porter Launches Global Augmented Reality Fashion Hunt (Mashable)
“Men’s apparel retail site Mr Porter, which we dubbed one of the three best personifications of the content and commerce model, is staging a mobile treasure hunt across five cities to celebrate its first birthday.”
A Guide to China’s Takeover of Fashion’s Front Rows (Fashionista)
“At the Christian Dior show this past Paris Fashion Week, Jessica Michault tweeted a photograph of five unknown (to us) gorgeous Chinese women sitting together in the front row, with the caption ‘The future of the fashion world’s front row.’ And she’s right.”