Finance & Fashion Friday!

Bonjiorno Venedi!

Giorgio Armani announced a 45% increase in annual sales for 2011.  Not only is that an amazing increase for a year’s sales, it is also quite impressive that Giorgio felt like sharing that information…it is a privately held company so he could have kept that fabulous news all to himself.  (I would choose to brag about the good news too, especially right about now in Italy!)

China (again)…Ralph Lauren Corporation (stock symbol RL) has announced there will be 60 stores opening in the next three years.  Sixty!  Personally I am rethinking the potential payback of the Rosetta Stone Mandarin cds I just bought….

Speaking of the Lifshitz Family, (I just love the Lauren’s real surname!!!), Ralph’s gorgeous wife, Ricky Lauren, just released quite the delicious coffee table book, “The Hamptons: Family, Food and History” and launched the book at a soiree held at the Ralph Lauren Manhattan flagship store.  Cannot wait to get my mitts on a copy of that luscious read, just in time for summer!

The reverse commuter is tired today, stayed up too late watching an awesome CNBC  biography on Mickey Drexler, former CEO of The Gap, current CEO of J. Crew.   AMAZING WATCH!!!!!!!  He owns 7 homes (most oceanfront mansions) but started off in a  one room walk-up and very humble beginnings.  Still meets with the “borough boys” – men that he grew up with and know him better than anyone else (except his college sweetheart wife).  Mickey is inspirational on the professional and personal fronts, refreshing!  Plus he loves the color yellow – thinks it is an attention grabber (happens to be my youngest’s fave color).


Mickey is sending J. Crew over to China too….just saying (说 in Mandarin).

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