Wednesday, February 27, 2013

NO FASHION'S NIGHT OUT IN 2013

NO FASHION'S NIGHT OUT IN 2013. Fashion's Night Out Dumped in NY!!  After four years, Fashion’s Night Out will go on a hiatus in the U.S. in 2013. THANK GOD! Don't get me wrong, I liked it in 2009, but by 2012 it was just a lot of work.

The event will still be staged in select international cities.

Launched at the height of the 2009 recession in New York, FNO was a celebration of shopping at a time when it was desperately needed to jump-start the city’s economy. After a positive consumer response, the event was held again in 2010, 2011 and 2012. By its fourth year, FNO had expanded to stores in over 500 cities nationwide and 30 cities around the globe.




Nicky Eaton, a spokeswoman for Condé Nast International, confirmed FNO will continue internationally. Vogue editions published by Condé Nast International have been hosting FNO for four years, and this will be its fifth year. She said that 19 countries will be participating in 2013. Thailand and Ukraine will be hosting FNO for the first time.

Tuesday, February 26, 2013

Armani Being Armani...WINNING!!



Giorgio Armani talks fashion for next winter, urges designers to focus on clothes that sell (Antonio Calanni/ Associated Press )


MILAN — Giorgio Armani had the last word at Milan Fashion Week, and not only where the clothes were concerned.

Speaking to reporters between his two shows on Monday, the closing day of preview shows for the fall-winter 2013-2014 season, the designer lashed out at some colleagues who in his opinion are more interested in spectacles than sales.

 “One thing is to put on a play, the other is to create fashion,” Armani said.

“It’s not about models wearing gold crowns, “ Armani said, taking a jab at Sunday’s show of another design team with its Byzantine princess motif. “(It’s) about what you can find in the store.”

Armani has said 75 percent of his second line, Emporio Armani, which showed Saturday, has already been sold.

It may sound like the 78-year-old, ever-tanned, white-haired designer who put the made-in-Italy label on the international fashion map in the early 1980s was pontificating. But last night’s Oscar dress list showed Armani head-to-head with Dior, proof the designer knows what he’s talking about.
Along with Jessica Chastain and Naomi Watts, Armani dressed child star and best actress nominee Quvenzhane Wallis in a sparkling navy blue dress with a big back bow from his Armani Junior line.
Noting that new markets, like China, love the live presentations, he disagreed with those who would do away with fashion shows altogether. Instead Armani suggested that the format be revisited to ensure that the clothes are the focal point.

Armani’s latest winter collection on Monday came almost all in black, with accents of gray, navy and red. The chic-yet-simple collection spoke to a contemporary woman, who in the designer’s own words is “a little man, a little woman, and a lot of both.”

Admiring front-row guests included singer Janet Jackson and a scattering of royalty: Charlene Wittstock, wife of Prince Albert of Monaco, and Tatiana Blatnik, wife of Prince Nicholas of Greece and Denmark.

The collection featured ultra-feminine long skirts in velvet or sequined chiffon, worn with tiny double-breasted or flared jackets. But the look also came with wide pants, complete with decorative suspenders. Evening pants were also paired with dazzling sequined tops.

Armani had more pants, including jumpsuits and Bermuda shorts, in his collection than most designers this round, where ladylike skirts and dresses were the preferred look.

Armani’s only concession to eccentric show stoppers were his funky Russian-inspired felt and furry hats, worn with every outfit.

“To each his own crown,” the designer quipped.

See the below in Armani
 
 

Saturday, February 23, 2013

LVMH wants Burberry? Not Going To Happen

It's a RUMOR folks...or is it? 

Stock markets and industry observers shrugged off reports that LVMH Moët Hennessy Louis Vuitton might acquire Burberry or Tiffany in order to bolster its slowing revenue growth.

While LVMH, Burberry and Tiffany all declined comment on the speculation, sources close to LVMH said the French luxury giant is unlikely to buy either of the two companies.

On Friday, shares in Burberry gained as much as 3 percent following a Bloomberg report suggesting LVMH is poised to make an acquisition, with analysts touting Burberry and Tiffany as likely and interesting targets.

LVMH stock closed up 1.5 percent Friday. Shares in Burberry Group closed up 1 percent on the London Stock Exchange. Tiffany investors essentially shrugged off the possibility as part of the routine rumor mill — the company’s been the subject of merger talks on and off in the past few years. Shares of Tiffany & Co. inched up nearly 0.2 percent to close at $64.38 in trading Friday on the New York Stock Exchange.

Wednesday, February 20, 2013

HOT Diamonds...really HOT!

Over the past 2 weeks there have been a rash of robberies for Fine Jewelry. I have it on good source that there was a early morning tie-up robbery at Lord & Taylor (Ridge Hill, NY). This weekend two thieves smashed and grabbed at the Four Seasons and in Paris two men held up the De Beers boutique in Printemps department store and made off with jewelry worth between 1 million and 3 million euros, or $2.7 million and $4 million at current exchange, in the early evening hours Tuesday.

Armed with handguns and equipped with bulletproof vests, the robbers entered the South African diamond dealer’s stand, located on the first floor of the department store, at around 6:45 p.m., a spokeswoman for the district attorney’s office in Paris confirmed. They did not fire their weapons and no one was harmed, she said.


According to French media reports, the thieves left shortly after, nearly unnoticed, through the personnel exit at the back of the store, which could suggest they were familiar with the premises. I'm looking up my Diamonds tonight!!!!

Tuesday, February 19, 2013

The Next Step in "Retail"; Augmented Reality Shopping

Imagine walking into a store and seeing what you want and then being able to just look at, get your body specks and then buying the item you want. That is the next step in Augmented Reality Shopping. Watch this short and you'll get the idea

Sunday, February 17, 2013

Uniqlo to buy The Gap

Shares of Gap Inc. jumped 7 percent to $33.55 in midday trading today on rumors that Japanese retail giant Fast Retailing was interested in buying the company, according to two market observers.


By 2 pm on Wall Street nearly 12 million shares of Gap had traded hands, well above the stock’s average daily trading volume of 5.8 million over the past three months.


Fast Retailing is also an acquisitive company, having most recently bought J Brand Holdings in December, although that was a much smaller deal than a play for the Gap would be.

“Fast Retailing has always had pretty lofty ambitions, and many people say they should buy Gap, if they want to have a U.S. business,” said one financial source. “For them to grow organically and develop a footprint in the U.S., it would take them forever.”


Fast Retailing chief executive officer Tadashi Yanai has said Fast has “billions to spend on acquisitions. This could be the quickest path, but it’s a big big bet.” In 2007, Fast offered $900 million to buy Barneys New York but was rejected. Tadashi Yanai has also said that he plans to open up to 300 Uniqlo stores outside Japan per year.

“At the end of the day, if you are a public company and if somebody puts an offer on the table at a reasonable price, you would be forced to entertain it,” said the financial source. “But Gap is not the kind of company putting out vibes for somebody to acquire them, and there would only be a short list of people capable of buying it.”

One retailer familiar with both Gap and Fast said Tadashi Yanai is “much more interested in building Uniqlo — sounds like there are some rumors around — but if it’s around my strong guess is that it’s truly only rumors.”