SWATCH IS SECRETLY STOCKPILING PATENTS

SWATCH IS SECRETLY STOCKPILING PATENTS. Swatch is developing mobile payment capabilities for watches based on technology similar to that in touch-enabled bank cards. The company says early next year it will introduce a $90 watch called the Bellamy that can be used to make electronic payments at stores. [BUSINESSWEEK]

WHAT ROUGH QUARTER AT LANDS END TEACHES US ABOUT THE CLOTHING BUSINESS

WHAT ROUGH QUARTER AT LANDS END TEACHES US ABOUT THE CLOTHING BUSINESS. Competitors continued to offer the eye-popping discounts that have been de rigueur since the recession, shoppers balked when they didn’t see those types of offers at Lands’ End. [WASHINGTON POST]

INSTAGRAM TAKES ON GROWING ROLE IN ART MARKET

INSTAGRAM TAKES ON GROWING ROLE IN ART MARKET. In the past few years, it has emerged as the social media platform of choice for many contemporary artists, galleries, auction houses and collectors. [NYT]

AFTER A BILLION SORE FEET, CONVERSE WANTS CHUCKS TO FEEL LIKE NIKE’S

AFTER A BILLION SORE FEET, CONVERSE WANTS CHUCKS TO FEEL LIKE NIKE’S. Adding Nike tech will make Chucks more comfortable and conform to a footwear trend that has even seeped into dress shoes. [BLOOMBERG]

ALEXANDER WANG SET TO LEAVE KERING’S BALENCIAGA

ALEXANDER WANG SET TO LEAVE KERING’S BALENCIAGA. The New-York based Alexander Wang brand, estimated to generate sales of around $100 million, just raised funds to finance its expansion and investors asked for Wang’s increased commitment, the source said. [REUTERS]

KERING EARNINGS BEAT ESTIMATES AS GUCCI RETURNS TO GROWTH

KERING EARNINGS BEAT ESTIMATES AS GUCCI RETURNS TO GROWTH. “We are particularly satisfied with the progress at Gucci,” Kering Chief Executive Officer Francois-Henri Pinault said. Kering is seeking to rejuvenate Gucci as demand for luxury goods slows in parts of Asia, where the French company got more than 40 percent of sales last year. [BLOOMBERG]

FROM CLEAN-CUT TO ROCK, NEW YORK WRAPS UP FIRST MENSWEAR SHOW WEEK

FROM CLEAN-CUT TO ROCK, NEW YORK WRAPS UP FIRST MENSWEAR SHOW WEEK. Fashion Week: Men’s, launched by the Council of Fashion Designers of America, was the first of its kind in New York, unlike other fashion capitals Paris, Milan and London which host their separate catwalk shows dedicated to men’s clothing. [REUTERS]

AT NEW YORK FASHION WEEK: MEN’S, CALIFORNIA WAS THE MUSE

AT NEW YORK FASHION WEEK: MEN’S, CALIFORNIA WAS THE MUSE. An impressive percentage of the nearly 60 shows not only made a persuasive case for consolidating the men’s wear presentations but also for the robust health of men’s wear in general. [NYT]

SMOOTH DEBUT FOR NEW YORK FASHION WEEK: MEN’S

SMOOTH DEBUT FOR NEW YORK FASHION WEEK: MEN’S. The inaugural event has lacked the frenzy and frisson of the women’s shows, but is compensating with good organization and industry support. [WSJ]

CRISP TAILORING AND IDENTITY PARADES AT FIRST NY FASHION WEEK

CRISP TAILORING AND IDENTITY PARADES AT FIRST NY FASHION WEEK. Colorful tops and cardigans, sleek trouser suits and sportswear mixed with crisp tailoring at identity parade mock-ups featured in New York’s first fashion week dedicated to menswear. [REUTERS]

LONDON MEN’S FASHION WEEK OFFERS DESIGNER, TAILOR AND HIGH STREET

LONDON MEN’S FASHION WEEK OFFERS DESIGNER, TAILOR AND HIGH STREET. London is seeking to rival designer cities Paris, Milan and New York as a capital for men’s fashion and retailers are increasingly turning their attention to menswear. According to figures cited by the British Fashion Council, menswear sales are expected to increase by 27 percent to $25.59 billion by 2018. [REUTERS]

IS FAST FASHION WORTH THE COST TO WORKERS, ENVIRONMENT, ASKS FILM

IS FAST FASHION WORTH THE COST TO WORKERS, ENVIRONMENT, ASKS FILM. Andrew Morgan, a U.S. filmmaker, said it was startling that more than 400 percent more clothing is made now than 20 years ago, with 97 percent outsourced to poor nations where factory owners compete on price for contracts and regulation is lax. [REUTERS]

THE 100 MOST INFLUENTIAL LEADERS IN MARKETING, MEDIA & TECH

THE 100 MOST INFLUENTIAL LEADERS IN MARKETING, MEDIA & TECH. #66, Under Armour’s Kevin Plank is a success story anyone can get behind. [ADWEEK]

LVMH IN TALKS TO BUY LE PARISIEN NEWSPAPER

LVMH IN TALKS TO BUY LE PARISIEN NEWSPAPER. Luxury goods group LVMH is in exclusive talks to buy French daily newspaper Le Parisien from media group Amaury, it said on Tuesday, as its looks to consolidate its media business which already includes financial daily Les Echos. [REUTERS]

OLD NAVY THRIVES AFTER A STYLE-CONSCIOUS REBIRTH

OLD NAVY THRIVES AFTER A STYLE-CONSCIOUS REBIRTH. The label’s newfound strength also points to a fundamental shift in the way people shop for clothes, as well as a new frugality for all but the wealthiest of shoppers in the United States.  [NYT]

BIG DESIGNERS MIX WITH LOCAL TALENT AT SINGAPORE FASHION WEEK

BIG DESIGNERS MIX WITH LOCAL TALENT AT SINGAPORE FASHION WEEK. Dresses took center stage at the start of Singapore Fashion Week as Diane von Furstenberg kicked off the five-day event that mixes top international designers and local emerging names. [REUTERS]

U.S. CONSUMERS STICK TO CAUTIOUS TRACK

U.S. CONSUMERS STICK TO CAUTIOUS TRACK. “In essence, the report offered no evidence to suggest that spending momentum has rebounded from the first-quarter soft patch, and if anything it adds to the growing concerns that the headwinds to growth…are continuing to persist,” Millan Mulraine, deputy head of U.S. strategy at TD Securities. [WSJ]

DEFY MEDIA SHOWS OFF ITS SMALL YET MIGHTY PRESENCE

DEFY MEDIA SHOWS OFF ITS SMALL YET MIGHTY PRESENCE. Digital production house says its videos snag 500 million monthly views. [ADWEEK]

RETAIL SALES DATA MAY SHOW WHICH GEAR THE U.S. ECONOMY IS IN

RETAIL SALES DATA MAY SHOW WHICH GEAR THE U.S. ECONOMY IS IN. Retail sales data due Wednesday will capture the market’s attention. Though sales rose 0.9% in March, that was below the market expectation after three monthly falls. [MARKETWATCH]

NETWORKS FRET AS AD DOLLARS FLOW TO DIGITAL MEDIA

NETWORKS FRET AS AD DOLLARS FLOW TO DIGITAL MEDIA. With the number of digital alternatives growing quickly, and with marketers seeking greater flexibility in how they allocate their spending, the industry is bracing for what many expect to be an anemic upfront market. [NYT]

LACOSTE: POLO OF THE FUTURE

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