REPORT Consolidated turnover at Van de Velde in the first half of 2015 rose by 6 percent from 107million euros (118 million dollars) to 113.4 million euros (125.1 million dollars). On a like-for-like basis including comparable deliveries consolidated turnover was up 8.2 percent. The company’s turnover […]

New York - Puma has a new partner, and that would be luxury fashion conglomerate Kering Eyewear. The German sportswear company will be partnering with Kering on their line of sunglasses and optical frames. Puma's current eyewear partner is Charmant, but, once that licensing agreement ends in January […]

The Hut Group is reportedly poised to raise new funds that will push the company's valuation to close to 1 billion pounds. Media reports that the retail group would be working with investment bankers at Barclays to sell between 50 and 100 million pounds of new shares. Sky News has learnt that The Hut […]

The market anticipates Marks and Spencer to have suffered another blow in its attempts to get its clothing business back on track, mainly due to cool weather in May and June dampened sales. Britain’s biggest high-street clothing retailer is expected this week to report a slide in like-for-like sales […]

US-based casual and active apparel retailer Aeropostale has signed a licence agreement with Arvind Lifestyle Brands and will start opening a store by March 2016. Aeropostale's expansion plans in India include the opening of 50 standalone stores, 150 shop-in-shops in select locations, and e-commerce […]

The Hurun Research Institute’s latest release of ‘UK Engaging the Chinese Private Sector Report 2015’ covers investments made by the Chinese private sector into the UK, as well as the UK brands that have had the greatest impact on the Chinese luxury consumer. The report highlights key points of engagement […]

The list of innovative materials that can be turned into fibres, yarns and thus clothing has just been extended by one: gelatin. Associated first by many with colourful gummi bears, gelatin can indeed be turned into yarn and thus clothes. If used on a large scale, it could reduce the amount of agricultural […]

ANALYSISThe British department stores chain has charmed the analysts after reporting a slightly better-than-expected third quarter. Consensus rating over Debenhams´shares is ‘hold’, with the likes of Deutsche Bank sharing its trust in the potential of the stock. Deutsche Bank’s current 87 pence target […]

Italian fashion label Twin-Set has kicked off the summer with a shareholding and management reorganisation. The Carlyle Group has increased its stake in the company up to 90 percent, while the remaining 10 percent rests in the hands of the firm´s creative director. The Carlyle Group has upped its 72 […]

After taking the industry by storm earlier this week with its rumoured sale, Sergio Rossi – up to now property of the luxury group Kering – would reportedly had not one, but three potential suitors. The designer show brand is allegedly considering offers to purchase proposals from three investors, namely […]

Related news

MORE NEWS

 

LATEST JOBS

 

MOST READ