Monthly Archives: January 2012

January 27, 2012

Luxury goods retailers invest in premium retail sites

Competition for key central London stores reached a new level following the decision by Bernard Arnault, the chief executive of French luxury goods group LVMH (pictured) to purchase three stores on Bond Street for £300 million as reported in Reuters and Yahoo.   Fashionista understands that the shops include LVMH’s Louis Vuitton flagship store at 17-20 New Bond Street and two other stores let to [...]
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January 26, 2012

EU Data Protection Reform: Initial Reaction to Published Proposals

We reported a while back on leaked drafts of the new European data protection Regulation. Yesterday, the official version was published and Fashionista’s colleagues at Olswang spent a busy day analysing the practical implications of the proposal. Their more detailed analysis for in house counsel can be found here. The highlights Fashionista says you must know [...]
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January 19, 2012

Do The Current Currency Thing and Pay in Yuan

Many UK fashion businesses have  recently been looking to increase margins by switching to paying their Chinese suppliers in Yuan. According to ChinaDaily.com, by making the switch Chinese suppliers have less of a need to build in a buffer in costs to guard against currency fluctuations – particularly in longer term contracts. This means suppliers are more [...]
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January 3, 2012

2012: a difficult year in store…?

After the optimism of strong footfall figures on Boxing Day, high street retailers were reminded of the current challenging trading conditions following a fall in the number of shoppers during the January sales period as reported in the Telegraph on Monday. During December 2011, clothing retailer D2 Jeans and Barratts Priceless entered into administration and it is expected that they [...]
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