Fashion & Finance Friday!

HURRAH!!!!!!!! It’s Friday!

China’s online shoppers are expected to have more than 700 MILLION online shoppers and ring in more than $360 BILLION by 2015….WOWZER!!!!!!

Boston Consulting Group has released a report calling China the “Online Empire”, which makes perfect sense when you hit numbers like that!

Image

Talbots announced it lost $53.3 MILLION in their fourth quarter, bringing it up to a $111.9 MILLION loss for the entire year. Perhaps Talbots needs to buff up their online presence in China…..just saying.

Image

CR, Carine Roitfeld’s new magazine, premiere issue is slated for September! I absolutely love her and have missed her influence in French Vogue. Obviously it will deliver crazy fashion editorials but will also emphasize creativity in other forms such as writing, photography etc. V Cool concept. Only negative is that it is only a biannual mag.

Image

cc