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Home2019November (Page 80)

November 2019

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November 5, 2019November 5, 2019Uncategorized

Milan men’s fashion week gets off to a rocking start

Milan’s men’s fashion week began with the much anticipated Jil Sander show, the minimal luxury label with Raf Simons currently at its design helm. With Milan stores quickly swapping their …

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November 5, 2019November 5, 2019Uncategorized

Debenhams flotation raises £950m

Debenhams has raised £950 million in its initial public offering, making it one of the UK’s largest listings in almost five years. It sold 487.2 million shares for 195 pence …

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November 5, 2019November 5, 2019Uncategorized

Missoni Sport photo exhibition

Luca Missoni, creative director of Missoni men’s mainline and the men’s and women’s Missoni Sport lines is to exhibit his first UK photographic exhibition of his collaboration with the esteemed …

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November 5, 2019November 5, 2019Uncategorized

Liz Claiborne Q1 profits drop

Fashion retail giant Liz Claiborne saw its profits for the first quarter plummet 34.3 percent on a 3.4 percent drop in sales. Chairman and chief executive Liz Claiborne Paul Charron …

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November 5, 2019November 5, 2019Uncategorized

Barneys sold to Dubai investment firm

Luxury department store Barneys New York will definitely be acquired by Istithmar, the invesmtnent firm of the Dubai government. At a sale price of $825 million, Barneys is now worth …

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November 5, 2019November 5, 2019Uncategorized

Exchange rates hit Richemont

Although sales for the third quarter rose 10 percent, luxury goods group Compagnie Financière Richemont said revenues would have gained 15 percent had exchange rates remained constant. A weakening dollar …

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November 5, 2019November 5, 2019Uncategorized

Inditex reaps profit after expansion

Zara’s owner Inditex on Thursday posted a 25% jump in profits after a year of intensive global expansion. The Spanish company banked full year net profits of €1bn after it …

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November 5, 2019November 5, 2019Uncategorized

Modefabriek #24: Inspirational quality

The only real fashion trade fair in The Netherlands shows off its innovative nature once again For almost 12 years the modefabriek has been able to truly call itself the …

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November 5, 2019November 5, 2019Uncategorized

M&S eyes India

Marks & Spencer has agreed to form a joint venture with Indian retail firm Reliance to tap into the consumer spending power on the sub-continent. According to the BBC it …

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November 5, 2019November 5, 2019Uncategorized

Tommy Hilfiger sees stellar growth

Tommy Hilfiger this week announced an enviable increase in sales for the six month period to 30 September by 30.5% to €755 million. The acquisitions of two of its former …

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