Industry Highlights – Net-a-Porter to Launch Magazine, Alexander Wang as Balenciaga’s New CD, Missoni Denies Diffusion Line, Decelerated Holiday Spending Predicted, J.Crew For London

Posted on November 30, 2012


Net-a-Porter CEO: It’s no secret we’re launching a major fashion magazine

Online fashion retailer Net-a-Porter is planning to launch a printed magazine within the next 12 months, according to CEO Mark Sebba, speaking at the Business Leaders Network’s Making it Mobile event.” (Wired)

Alexander Wang confirmed as Balenciaga’s new Creative Director

“Yesterday the rumour mill ran wild, as New York Times fashion critic Cathy Horyn announced Alexander Wang as the leading candidate to succeed designer Nicolas Ghesquière as Balenciaga’s new Creative Director. Today this rumour has been confirmed.” (Telegraph)

Missoni Denies Diffusion Line Speculation

“Angela Missoni says that her family label will not launch a lower-priced diffusion line, despite opposing reports earlier this autumn. In conversation with fashion writer Gianluca Longo, for a one-off talk at Soho House in London, the designer clarified that a quote had been taken out of context by The Wall Street Journal.” (Vogue UK)

Analysts Predict Decelerated Consumer Spending for Holiday

“Retailers are trying to blame weak November comps on the wind and rain, but analysts are starting to see a worrisome underlying trend”. (WWD)

J Crew Opening in London

“American retailer J.Crew has announced that it will open its first  store outside of North America on Regent Street, London.The 17,000 square foot store, which is currently under development and  was previously occupied by Burberry, is located on the corner of  Regent Street and New Burlington Street and is set to open its doors  in late 2013.” (Fashion United)

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