Daily Archives: January 10, 2013

Luxury’s linguistic Dada has reached a new high (or low, depending on your view point).

When explaining TA Associates acquisiton of a majority stake in Dutch LLC, the parent company of contemporary brands such as Equipment and Joie, Jennifer Mulloy, TA’s managing director, said:

The new contemporary luxury segment has become an incredibly important revenue driver for both premium apparel companies and for retailers focused on this space.

I’ll say. Or rather, I’ll say “contemporary luxury” is new. In fact, I’ve never heard the term before. Probably for good reason. Read more

Strong sales of men’s suits boosted business at Ted Baker by more than a fifth over Christmas.

The British fashion retailer reported a 20.9 per cent uptick in total sales for the eight weeks to January 5 compared with the same period last year, while its store footprint grew by 13.9 per cent to 273,340 square feet.

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