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POPSMObama Is More Than A Fashion Plate In her blog post today, fashion critic Cathy Horyn makes an excellent point about the world's obsession with Michelle Obama's style. Horyn hits the nail on the head with this one.
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POPSPhillip Lim Flourishes? Imran Amed recently sat down with Wen Zhou, the wunderkind CEO behind contemporary fashion brand 3.1 Phillip Lim. The story is an old one--Portfolio mag featured Zhou over a year ago in its pages--and Amed failed to address the fact that the creative direction of the label--originally pegged as American sportswear with a twist--has been muffled. Would have been interesting to hear what actual consumers think about the label right now, rather than just hearing from its biggest fan.
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POPSUniqlo March Sales Up 8% Japanese fast fashion retailer Uniqlo saw same store sales rise in March 2009. Here's our take on the successful retailer: http://bit.ly/KjSJ
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POPSLuxury Brands Refuse To Predict The Future Even luxury brands that have fared well during the recession are hesitant to forecast sales for the end of 2009 or 2010. Check out our latest coverage on the luxury industry: http://www.forbes.com/2009/03/19/hermes-lvmh-ppr-markets-equity-luxury.html
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POPSGap CEO Takes A Pay Cut When Gap CEO Glenn Murphy joined the company back in 2007, he shaved off overhead. Now he's shaving off his own salary.
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POPSHermes Sales/Net Up Hermes posted strong sales for the fourth quarter of 2008 and will open 12 new stores this year. Handbags and scarves are most popular.
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POPSDesigner Jil Sander's Comeback! Jil Sander--whose been retired from fashion since 2004--will design a line for Japanese fast fashion retailer Uniqlo come fall. We're very excited! (Currently, Raf Simons designs Sander's eponymous label.)
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POPSVersace's Baubles For Sale Care for life-size classical statues or Karl Roos book cases? The contents of late fashion designer Gianni Versace's Lake Como mansion--which include the aforementioned--are up for sale. The collection will bring in an estimated 2 million pounds, or $2.8 million according to the current exchange rate.
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POPSA Shopper's Market Luxury goods will again be deeply discounted, says the Times. Here's our take: http://bit.ly/HnPE
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POPSLuxe Online Retailer Still Winning Net-a-Porter, a high-end fashion web retailer, saw sales reach £55.2 million in 2008, a 67% increase over 2007. Here's our take on luxury retail online: http://www.forbes.com/2008/10/08/shopping-online-spending-forbeslife-cx_ls_1008style.html
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POPSHas the Fashion Director Become Obsolete? Michael Fink, one of the most influential fashion directors at a big department store, was laid off last month. Here's our take on the importance of the fashion director: http://www.forbes.com/2007/02/01/fashion-design-buyers-forbeslife-cx_ls_0202truetrendsetters.html
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POPSA.P.C. Does Liberty Prints Shocking as it is, minimalist French fashion brand A.P.C. has never used Liberty prints--those poplin floral fabrics made famous by the British department store of the same name. Finally, on May 5, A.P.C. will launch a capsule collection this spring that features lots of pretty Liberty prints. Hooray!
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POPSBest Breakfast in America Esquire.com has named the 59 best breakfast spots in America. Here are our picks for power breakfast: http://www.forbes.com/2008/06/30/breakfast-spots-business-forbeslife-cx_ls_0630food.html
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POPSJ.Crew Cuts Yet another fashion company has cut staff. Check out our take: Looking For Work In The Fashion Industry: http://www.forbes.com/2009/02/23/jobs-fashion-employment-leadership-careers_fair.html
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POPSPretentious Brooklynites Make Yummy Food Sure, Brooklyn eateries often boast unfriendly waiters, hosts dressed better than rock stars and more "locally-made" products than one could ever desire, but here's the real rub: it all sure does taste good. This NYT article highlights the best eats in the borough.
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POPSSnooty Salespeople Make Nice Ever feel like Julia Roberts in Pretty Women when walking into a a high-fashion boutique? Today, retailers can't afford to put on airs, according the the NYT.
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POPSKanye Keeps NYFW Shining In terms of celebs, this month's New York Fashion Week has been lacking. Except for when it comes to Kanye West. The rapper-cum-designer has been at practically every show we've attended. Check him out at rising star Sofia Theallet.
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POPSSui's Sticking It Out Designer Anna Sui likens this month's New York fashion week to a contest of survival. Here's our take: http://www.forbes.com/2009/02/11/fashion-week-downturn-lifestyle-style_0211_runway.html
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POPSLagerfeld Says The Internet Makes Luxury Look Cheap Chanel designer--and fashion superstar--Karl Lagerfeld says that the internet does not convey "the unique feel and sophistication of luxury materials," and is aiming to ensure a law that allows brands to control who sells their goods on the internet stays in place after 2009. Here's our story about how luxury lovers shop online: http://www.forbes.com/2008/10/08/shopping-online-spending-forbeslife-cx_ls_1008style.html
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POPSFashion Week Moves in 2010 Conde Nastees, take note--fashion week will move up to Lincoln Center starting in fall of 2010 (that's for the Spring '11 shows). Hearst and Time Warner fashionistas are surely thrilled, but this is even worse for the downtown mags, such as Paper, Nylon and of course, Forbes...
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POPSAnna Sells Out At Sundance The new documentary that follows the making of Vogue's September 2007 issue premiered to a sold out crowed on Friday. We can't wait for the film to be released to a bigger audience! Here's our take on who is most influential in the fashion industry: http://www.forbes.com/2008/09/04/style-editor-magazine-forbeslife-cx_ls_0904editors.html
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POPSSaks Breaks Out The Guillotine Unsurprisingly, the struggling high-end department store laid of 1,100 corporate employees yesterday. Here's our take on what Saks customers really want: http://www.forbes.com/lifestyle/2009/01/13/luxury-spending-rules-forbeslife-cx_ls_0113style.html
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POPSE-Commerce Is Up...Thus Far So far, e-commerce is up for the holiday season, according to Comscore. But that's mostly due to the crazy sales out there. In terms of making a profit, retailers are still seeing red.
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POPSGap is (Finally) Back Looks like the Gap's efforts to control costs have paid off: a citi analyst upgraded the stock to "Buy" today. However, be warned: same store sales are still down, and there's only so much fat to cut.
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POPSLucky Wang 24-year-old fashion favorite Alexander Wang won $200,000 and a years worth of mentoring from the CFDA/Vogue fashion fund last night. Check out our story on fashion's angels: http://www.forbes.com/2007/08/30/style-sponsors-designers-forbeslife-cx_ls_0831fashionpak.html
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POPSMichelle Obama Keeps Fashion Critics Busy It looks like the fashion world's obsession with Michelle Obama might indeed reach Jackie Kennedy proportions. We look forward to weekly musings on Obama's style choices for the next 48 months!
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POPSWhat "Price Upon Request" Really Means As I report on high-end fashion quite often, I've put in many-a-call to press departments asking why I need to use the term "price upon request" rather than listing the actual price of an item. Eric Wilson at the Times explains why "price upon request" exists.
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POPSOnline Retail Still On The Rise Forrester research predicts a 12% increase in online sales for the holiday season, which is still the slowest growth to date. Here's our full story: http://www.forbes.com/2008/10/08/shopping-online-spending-forbeslife-cx_ls_1008style.html
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POPSJesus Gets A Makeover WWD reports that a Swedish marketing guru has redesigned the New and Old Testaments, just in time for holiday gift giving. Wow.
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