Capsule

Today's Headlines

January 30, 2011 BY CAPSULESNEWS

Equity Turns Fashionable: From investment banks to social networks gurus, all of them have something in common: their interest in fashion. Money has always been fashionable, but investing in something more than a covetable wardrobe is turning to be a trend that arrived to stay.Even more equity and investment firms are looking for opportunities to enter the fashion business, which is proving to be resilient to crisis and financial turmoils. (FashionUnited)

Cashmere Prices Set to Skyrocket: Growing demand in developing countries and two hard Mongolian winters that killed off a quarter of the region's goats mean that cashmere prices are set to rocket for fall 2011, reported Drapers. (Stylesight)

Buyers Love Paris: “Paris, for us, was as exciting as the city itself. We arrived in anticipation of great opulence and unbridled creativity, and we were very pleased,” Nickelson Wooster, men’s fashion director for Neiman Marcus and Bergdorf Goodman, said of men’s fashion week, which wound up here Sunday. (WWD)

Balance Shifts: “The world is no longer “China produces and the United States consumes.” U.S. exports to China are growing almost two times as fast as overall U.S. exports, supporting half a million jobs.” (Forbes)

Prada says no to high street collaborations: Designer high street collaborations were at fever pitch with the recent Lanvin for H&M collection, but some luxury brands refuse to have their product diffused by teaming up with the high street's fast fashion groups. Viktor & Rolf, Stella McCartney and Karl Lagerfeld all caused a stir when their cheap and cheerful designer collections launched at H&M, however have you ever wondered why luxury brands such as Louis Vuitton, Hermes and Prada refuse to go the route of bargain basement designs? (Fashion United)