Industry Highlights – Quality Indian Crafstmanship, Monsoon Launches Loyalty App, J. Crew in Hong Kong, Logoa Fatigue with Chinese taste Maturing, Prada’s Profit Defies Market Slowdown

Posted on September 26, 2012

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India gets upfront in designers’ minds

“Nigel Preston may not be a household name but the late British designer was known to fashion connoisseurs for his luxurious sheepskin, suede and leather coats and clothes, with their painterly techniques and detailed ornamentation. He died in 2008 but his wife, Brenda Knight, who designed garments for brands such as Jaeger and Burberry, has continued his brand – at her own factory in India.” (FT)

Monsoon launches loyalty app

“High street womenswear retailer Monsoon has teamed up with Ikano Financial Services to launch a loyalty app, with the aim of reducing loyalty scheme operating costs as well as making the scheme more accessible and convenient for customers”. (Fashion United)

J. Crew’s China Adventure Set To Kick Off In Hong Kong

“After months of planning and anticipation, American retailer J. Crew’s long-awaited Autumn/Winter 2012 expansion in partnership with Hong Kong’s Lane Crawford is finally set to launch” (Jing Daily)

Louis Vuitton Risks Logo Fatigue as Chinese Tastes Mature

“Luxury-goods makers early into China have long counted on consumers there to snap up $1,000 handbags and other pricey — and profitable — wares. Now, Chinese tastes are changing in ways that may hurt the brands that expanded most aggressively in the country”. (Bloomberg)

“”I think we must stay calm and be less hysterical. I don’t see such a dramatic market,” said Patrizio Bertelli, chief executive of Prada. The reason for his exemplar calm: an impressive 59.5 percent hike in net profit during the first half of the year”. (Fashion United)
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