Industry Highlights – Gucci’s Shanghai Express, Hip Hop Menswear, My-Wardrobe New Fashion Director, Rising Revenue for Ted Baker, Galaries Lafayette for Beijing 2013

Posted on November 16, 2012


Frida Giannini: Gucci’s Shanghai express

“As the demand for luxury brands in China grows exponentially, Gucci’s Frida Giannini is well placed to feed the frenzy.” (Telegraph)

Hip-Hop Comes to Men’s Wear

“These days, what we talk about when we talk about men’s wear often isn’t men’s wear at all. It’s bravado. It’s the changing role of legacy. It’s the infusion of brash young energy into a hidebound, tradition-smug world. As often as not, what we’re talking about is hip-hop.” (NYT)

My-Wardrobe Names New Fashion Director

“Carmen Borgonovo’s’s new fashion director, set to start in January 2013. Currently Harper’s Bazaar senior fashion editor, Borgonovo will lead the buying team – replacing buying and merchandising director Luisa De Paula, who has spent five years in the role.” (Vogue UK)

Ted Baker Revenues are Up

“Ted Baker, the British designer brand has announced a 22.1 percent increase in Group revenue for the 13 week period from August 12, 2012 to November 10, 2012, compared to the same period last year. Retail sales for the period were 24.6 percent above the same period last year and average retail square footage rose by 13.7 percent.” (Fashion United)

Galeries Lafayette Details 2013 Beijing “Reboot,” China Expansion

“15 years after the Parisian luxury shopping mainstay Galeries Lafayette opened a Beijing outpost on Wangfujing, and nearly 14 years after the location shuttered due to disappointing sales, more details are emerging about its return to the Chinese capital and plans for nationwide expansion.”

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