New establishment, PPR eyes Chinese acquisition, ASOS up, Place Vendôme, M&S crisis

Fashion's New Establishment (AdWeek)
"But since then, style blogs like The Man Repeller, Into the Gloss, Style Rookie and Bryanboy, aka Bryan Grey Yambao, have become assigned reading among the fashion set—and you'd be hard pressed to find them missing a single Fashion Week."

PPR Confirms It's In Talks To Acquire Chinese Luxury Company (Bloomberg)
"PPR, the French owner of Gucci, said it's in discussions to buy a Chinese luxury company to bolster growth in its largest market for high-end goods."

ASOS first-quarter sales rise 31 percent (Reuters)
"British online fashion retailer ASOS posted a 31 percent rise in first-quarter retail sales, buoyed by a strong performance in the United States and Australia and an improving UK."

Bedazzled at the Place Vendôme (NY Times)
"Under the rafters, through small windows, the jewelry workers have a bird's-eye view of the Place Vendôme, that noble Parisian square with Napoleon on his thin plinth in the center... 'But in two years when it is all done, it is going to be the rebirth of the Place Vendôme in all its glory,' said Thierry Fritsch, the chief executive officer of Chaumet"

M&S clothing chief Kate Bostock to leave as sales plunge (Telegraph)
"Marks & Spencer has unveiled its worst quarterly figures in years and announced a management shake-up that will see Kate Bostock, the head of clothing, leave and fashion expert Belinda Earl join the retailer."