What Kering's Cartier Deal Means for Eyewear, De Beers and LVMH Split, Hermès Profits Climb

The Net-a-Porter of Dry Cleaners? Michael Kors' New Smartwatches, Nordstrom & The Black Tux [View on Web]( [Add to contacts]( [New reader? Subscribe]( [BoF]( THE DAILY DIGEST TODAY'S MUST READ [Can Blanc Build the Net-a-Porter of Dry Cleaners?]( BY Osman Ahmed [While most dry cleaners are unbranded local businesses whose idea of technology is a garment conveyor, Blanc has a very different vision: international, heavily branded, tech-savvy and eco-friendly.]( [Read more]( TOP STORIES [What Kering's Cartier Deal Means for the Eyewear Market]( BY Limei Hoang [Kering Eyewear has signed a partnership to develop, manufacture and distribute eyewear for Cartier, its first external deal at a time of radical change in the sector.]( [Read more]( [De Beers Ends Retail Venture with LVMH]( BY Limei Hoang [After more than 16 years, the luxury jeweller has ended a joint venture to run its retail stores with LVMH.]( [Read more]( [Michael Kors' New Smartwatches, Nordstrom and The Black Tux, Copenhagen Fashion Summit]( BY BoF Team [In today's News Bites, Michael Kors' big Baselworld launch and the Copenhagen Fashion Summit announces Prabal Gurung and Parsons' Simon Collins as speakers.]( [Read more]( [Hermès Profit Climbs 10% on Handbag Sales, Growth in Europe]( BY Bloomberg [The luxury industry has been reporting signs of improvement after years of ebbing demand in China and a slowdown in European tourism.]( [Read more]( NEWS BRIEFS [Report: Stitch Fix Said to Be Mulling Initial Public Offering]( [Executives are understood to have held early discussions with bankers about a potential deal, and the board plans to decide in the next month whether to pursue a public offering.]( [US Supreme Court Rules Uniform Design Elements Can Be Copyrighted]( [The US Supreme Court ruled that basic elements in cheerleader uniform designs merit copyright protection, handing a victory to the top American maker of the garments in a decision with serious implications for the fashion industry.]( [Nike’s Space Jam XI Is Its Biggest Sneaker Ever]( [The Space Jam shoe was a bright spot in Nike’s otherwise gloomy quarter, as shares fell amid investor concerns that Nike is losing market share to hard-charging competitors Adidas and Under Armour.]( [Calvin Klein Owner PVH Profits Beat Wall Street Forecasts]( [The owner of the Calvin Klein and Tommy Hilfiger brands posted revenue of $2.11 billion in the period, exceeding Wall Street forecasts.]( [Report: Amazon to Buy Middle East's Souq.com]( [Souq.com, which sells consumer electronics, fashion, household items and other goods, is one of the most high-profile names in the Middle East's online shopping market.]( [Sears Shares Sink as Creditors, Investors Fret Over Going-Concern Risk]( [In a competitive and changing retail landscape where e-commerce has boomed, Sears has struggled in recent years with big losses, store closures and divestitures.]( [DAILY DIGEST Fashion News from Around the Web]( 1 [Walmart Won't Stay on Top if its Strategy Is Copying Amazon]( ["Walmart can’t challenge Amazon’s existing brand equity in access and selection. With approximately 160 million items for sale, Amazon has become the go-to outlet for anything."]( Business Review]( 2 [Why Does Swatch Think it Can Take on Google and Apple?]( ["The Canalys research firm pegs unit sales for Apple's iWatch at six million for the quarter with a revenue of $2.6 billion—that’s 80 percent of the total smartwatch market."]( 3 [How United Arrows Became Huge in Japan, and Ready for Global Expansion]( ["Last year, United Arrows, the Japanese conglomerate of rarefied fashion boutiques, opened its 256th store, in Roppongi Hills."]( Style]( 4 [Tristan Walker: 'No One Wants to Fund E-Commerce Anymore']( ["Walker’s startup, Walker & Company, has raised $33 million from well-known VC firms with his line of razor blades and lotions being sold in major retail stores like Target."]( 5 [It's a Family Affair with Casely-Hayford]( ["As the pace of fashion becomes quicker and quicker, the father-son duo behind the London contemporary tailoring label believe in the beauty of slowing things down."]( FROM THE ARCHIVE [Just Fix It: How Nike Learned to Embrace Sustainability]( BY Kate Abnett [Chief sustainability officer Hannah Jones talks to BoF about Nike's journey from sweatshop scandals to embracing sustainability as a tool for business innovation.]( [Read more]( [Subscribe Were you forwarded this email? 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