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German Web Fashion Retailer Zalando Turns Profit Before Ipo - Bloomberg

Mobile accounted for 41 percent of traffic in the second quarter as its app was downloaded 3.8 million times. In a bid to lower costs related to customer returns -- about half of goods sold come back -- Zalando ran a test in Germany , making returns less convenient for some customers and found that sales and profit from those buyers sunk, said Ritter. E-commerce companies have to live with high return rates as shoppers expect the convenience, he said. The company, created from the Berlin-based Samwer brothers Rocket Internet Rocket Internet incubator, has picked Credit Suisse Group AG, Goldman Sachs Group Inc. and Morgan Stanley to manage the IPO, people familiar with the matter have said.
Source: http://www.bloomberg.com/news/2014-08-28/german-web-fashion-retailer-zalando-turns-profit-before-ipo.html

Lady Gaga to perform at New York Fashion Week - LA Times

[People] WhoWhatWear got hold of salaries from some anonymous editors with Conde Nast publications (the company folio includes Vogue and Glamour, among others]. They range from around $30,000 for an editorial assistant to more than $160,000 for creative director. [WhoWhatWear] 0 Musician will.i.am is launching a line of eyewear for men and women, ill.i Optics by will.i.am, on Sept. 16. The line marries a vintage sensibility with a modern asthetic, he tells WWD.
Source: http://www.latimes.com/fashion/alltherage/la-ar-lady-gaga-at-new-york-fashion-week-20140827-story.html?track=rss

Trash Clash: Someone Spending Big Bucks to Stop Marine Transfer Station - Yahoo News

"It just started out as a really fun hobby and it grew into a business over the years," Taylor said at her Austin, Texas, home, where she's converted one room into a studio and another into an office. She added, "I just really fell in love with it the way I fell in love with art, and I realized that I just had so much fun connecting the two." With inspiration from an abstract mixed media painting she did when she was younger that includes reds, grays, blues, mustard yellow and neutral earthy tones, Taylor created a fall line with a "street grunge vibe" and "modern hippie" inspiration. "It all started with the colors of the painting for me," Taylor said. Jennifer Jackson Brown, a corporate merchandise manager for Nordstrom, said Taylor's line was a good fit for their juniors section. She said that at the same time she was contacted by Taylor's camp, her team had been trying to track Taylor down after seeing her on a television appearance.
Source: http://news.yahoo.com/13-old-texas-fashion-designer-finds-success-134459994.html

13-year-old Texas fashion designer finds success - Yahoo News

A very interesting piece in Crain's reveals that opponents of the Upper East Side Marine Transfer Station have been spending a surprising (or maybe not that surprising) amount of money in their ongoing efforts to block the project. Pledge 2 Protect, the group that has been leading the charge, has spent more than $1.2 million and raised $963,000 since last April, disclosures show. And where is all that money coming from? Therein lies the rub. $690,000 has come from or, rather, through a boutique law firm by the name of Marquart & Small, which is based out of Flatiron, has three employees, specializes in fashion, arts and media, and would seem to have little vested interested in whether or not there is a garbage station at East 91st Street. Crain's, and http://www.chicemma.com some legal experts they found, posit that the law firm is being used as a "pass-through" to allow people or groups to donate to the cause anonymously, taking advantage of a loophole in the 2011 ethics law reform that was meant to eliminate that sort of thing. "These privileged Nimby forces don't seem to think any rules apply to them," the executive director of the New York City Environmental Justice Alliance told Crain's.
Source: http://news.yahoo.com/trash-clash-someone-spending-big-151505303.html

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