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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …