New York—Legal issues have their ups and downs—no where was that fact highlighted more than in the past week. For fashion brands in Italy, it was particularly rough. Design duo Dolce and Gabbana were sentenced to 20 months in jail for tax evasion. Gucci filed an appeal after an Italian court ruled against it in a trademark dispute with Guess. But Kate Spade got the OK on its new Kate Spade Saturday brand much to the chagrin of retailer Saturdays Surf NYC.
China again topped yet another list. This time as the country with the most opportunity for growth and sales in apparel, accessories and other fashion categories. That is if you exclude one: the creepy “anti-pervert” hairy legged stockings that apparently are being pitched to young Chinese women.
Leading articles from this week’s news include: