Prada is in talks to sell the minimalist fashion label Helmut Lang, after six loss-making years in control of the German-listed brand. The Milan-based luxury goods house is understood to be in talks with parties that include Tommy Hilfiger and Diesel, as well as private equity firms, over the sale of […]

Sportswear giant Adidas has agreed to sell itds Salomon division to Finnish sports equipment firm Amer Sports Corp. for 485 million euros. The sale, to be completed by the end of September, includes the Salomon, Mavic, Bonfire, Arc'Teryx and Cliche businesses, which cater to sports such as snowboarding, […]

The EU is to charge a 15 percent tariff on certain US apparel items, after US Congress failed to rescind the Byrd Amendment, which was ruled illegal by the World Trade Organization. Most classes of man-made fiber or cotton trousers and shorts are affected by the tariffs, as are goods from other industries […]

Pop diva, movie star, dancer and most recently fashion designer. Jennifer Lopez has accrued an impressive list of credentials over the years. However, her latest claim to fame is anything but flattering. PETA (People for the Ethical Treatment of Animals) has coined the term Monster-in-Fur, which alludes […]

Playtex Products, the US skin care, feminine and infant care company, has reported a first quarter profit rise. Net income for the quarter ending 2 April was $15 million (GBP 8.5 million), compared with a net income of $8.4 million the year before. President and CEO, Neil P. DeFeo said, "Overall, we […]

Mosaic Fashions, the group of UK clothing retailers assembled by Baugur, is to float a stake on the Icelandic Stock Exchange. Mosaic Fashions, in which Baugur has a 42 per cent stake, operates 600 stores including the Oasis, Karen Millen, Coast and Whistles chains. It hopes to raise £40m through […]

The British label Country Casuals is ready for its comeback, with a makeover from a former Armani designer no less.With a new name, CC, and the help of its brand new creative director, Joanne Jong, the label hopes to leave its reputation as old-fashioned and stuffy firmly in the past. Jong is a former […]

Another annual gala was held at New York's Metropolitan Museum of Art this week. As always, it was a glittering and star-studded event. Vogue's Anna Wintour, Nicole Kidman and Karl Lagerfeld hosted the gala and among the guests were Claire Danes, Elle MacPherson, Naomi Watts, Sheryl Crow and Marcia […]

Currency-neutral net sales for the German sporting goods giant Adidas-Salomon Group rose 11 per cent for the first quarter 2005. The first quarter operating profit increased by 27 per cent to EUR179 million (GBP126.75 million) from EUR142 the previous year. The gross margin improved 1,0 percentage points […]

Have you ever wondered how a piece of stitched leather makes it to cult status, with fashionistas the world over clamouring for one of their own? How is it that one bag can capture the public's imagination to such an extent and inspire legions of copycats? Fashionweekdaily.com went back in time to the […]

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