Exploitation vs experience, Balderton on investing, LVMH beats estimates, Armani odd man out, Denim’s appeal

Alexander McQueen Autumn/Winter 2010 | Source: Alexander McQueen

Fashion industry internships: exploitation or experience? (Guardian)

“The haute couture world may be glamorous, but some interns at the gritty end of the business are being exploited in their quest to gain industry experience.”

Balderton Capital on its Investment Strategy (The Next Woman)

“As we’re seeing lots of companies from different sectors, it gives us a useful vantage point for spotting broader trends, which can sometimes be helpful… challenges that businesses face have parallels in other companies, and different industries.”

LVMH Profit Beats Estimates on Rising Fashion Sales (Bloomberg)

“LVMH… the world’s largest maker of luxury goods, reported first-half profit that beat analysts’ estimates as sales of fashion and leather goods accelerated in the second quarter.”

Armani Is Luxury’s `Odd One Out’ as Second-Quarter Sales Falter (Bloomberg)

“Giorgio Armani struggled to win customers in the past quarter, contrasting with a surge in sales at luxury goods companies Hermes International and Burberry Group.”

Into the blue: Why denim never goes out of fashion (Independent)

“It’s among the most versatile and practical fabrics, beloved in its time by soldiers, railway workers and, of course, since the mid-1950s, by any fashion follower worth his or her credentials.”