01 May 2010

News: Ups and Downs

Hugo Boss, the German fashion house said orders were up for its latest season, after “cautious” demand from wholesalers for its spring/summer collection weakened its first quarter performance." - The Telegraph

"With haute couture buyers in retreat, its traditional customers aging or dying, and critics increasingly carping about its irrelevance, the couture economy, always delicate, now is more precarious than ever, leaving many to wonder whether there is a customer base left for couture.” - WSJ

"Leading global menswear brand Gruppo Ermenegildo Zegna store sales rose more than 20percent in the first three months of 2010, driven by growth in China and a recovery in the luxury market.” - Reuters

Burberry will launch its line of color cosmetics this July, joining a big list of fashion labels that have introduced their own-brand beauty collections recently" - The Independent

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