Cambodia Slowly Reweaves Its Silk Industry (NY Times)
“Far from the glamour at fashion weeks in America and Europe, Cambodia’s silk industry is struggling to regain the foothold it lost during years of political and civil unrest.”
Armani Hitches Wagon to Gaga (WSJ)
“The 76-year-old designer’s multimillion-dollar partnership with the 24-year-old pop idol has put Mr. Armani ‘in a new creative spotlight… It is also an effort by one of fashion’s oldest figures to rejuvenate his €1.5 billion business.”
Luxury fashion retailers: functionality or flash? (Retail Bulletin)
“Eight out of 10 globally recognised luxury brands are now selling directly to customers online. Chanel and Versace are the only two retailers not currently offering customers any transactional options.”
Forbes Price Index Of Luxury Goods Keeps Pace With Inflation (Forbes)
“Over the 12 months ended in August–a period in which the aggregate net worth of the Forbes 400 Richest People in America rose 8%, from $1.27 trillion up to $1.37 trillion.”
Italy’s Top Designers Take Over Milan (WSJ)
“It’s a different Milan fashion editors and buyers are descending upon this season. More sophisticated. More serene. And that’s to say nothing of the clothes.”
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