Good Girl Gone Bad = Fashion?
Rihanna (Barbados) has presented her first collection, in collaboration with River Island, at London Fashion Week and the reactions could not be more controversial or extreme ranging form “sexy” to “vulgar”.
The singer stayed true to her own aesthetics going for thigh fitting Street-wear. Models were showing a lot of skin with tank tops, thigh-high slits on figure-hugging dresses and monochrome skirts. The line featured flowing fabrics in black, yellow, red or flower prints. The collection seemed to combine the 80’s with luxury-sportswear (ala Alexander Wang).
The boyish, casual designs are Rihanna’s first in collaboration with River Island; the singer teamed up with Armani Jeans in 2011.
Read more here.
H&M missing the Point?
The Swedish Budget Fashion Retailer has been hit hard by the slow creeping recession of the last three months of 2012. Weakening European consumer demand caused the fourth straight monthly drop in comparable sales. The 4% drop was slightly less then the 5% drop expected by analysts. Total sales for the retailer were up by 5% matching preliminary figures.
Read more here.
Post New York Fashion Week: Lacoste’s 80th birthday
It may have been more slushy than drifty when Lacoste presented its 2013 Fall/Winter collection but it was all ice on the runway.
Felipe Oliveira Baptista collection focused on the purity of South Pole coolness. The collection featured architectural pullovers with sweatshirt-style necks and structured, voluminous shoulders. The material were bonded with jersey for a sporty yet luxurious feels. Colours ranged from white, black, grey and green to the typical Lacoste blue.
For the full collection click here.
Kors on top again?
Michael Kors shares surged as the retailer enjoyed strong demand for its high-end clothing rising by 8.8% and closing at 62$. The stock is up 70% from last year following a revenue surge of 70% for the quarter that ended last December.
Read more here.
PPR Predicts 2013 Growth
French Fashion conglomerate PPR is predicting another year of growth in 2013 lifting shares to the highest price in more than 11 years. The company reported to stick to its goal to lift annual revenue to 24 billion euros by 2020. PPR has to thank Bottega Veneta which sustained its strong sales momentum. Shares were up 7.3% and have climbed 20% since the beginning of the year.
Sales advanced 8.2 percent at Gucci, 33 percent at Bottega Veneta, 13 percent at Yves Saint Laurent and 20 percent at other brands including Stella McCartney.
Watch PPR chairmen and CEO Francois-Henri Pinault talk about the companies goals for 2013 here.
Read more here.
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