British fashion group Ted Baker plc saw its sales climb 13 per cent to GBP 70.2m for the financial year ended 26 January 2003. The company's pre-tax profit amounted to GBP 9.5m. The company said these results were better than expected and that the cause for this is the new flagship store in London's […]

In an interview with weekly SonntagsZeitung, chief executive Daniel Reinhard of Charles Vögele said that the clothing retailer plans to divest or close some shops in Germany as well as the Netherlands. The boss of the Swiss company said that in Holland, 10 shops are affected this year, in Germany […]

This week Italian ladieswear brand Lui Jo will open its first British brand shop in London. The new shop will cover 75 square meters. Additional shops are to follow in the UK, company founder and owner Marco Marchi said. Liu Jo has a single mono-brand shop in Paris and 13 stores in China up til now. […]

JJB Sports PLC founder and chairman David Whelan on Tuesday revealed he is "seriously considering" taking the company private. Shares in leading sports apparel and equipment chain consequently jumped nearly 20 per cent. Whelan, whose family holds a 39 per cent stake in the company, said he has informed […]

French sporting goods buying group Sport 2000 France SA, revealed plans to start with a new retail concept in order to better compete with France's market leader Decathlon. The group said that the new concept will focus on stores in city centres offering fashion-forward shoes and clothing. A chain of […]

Within days after Richard Thompson sold Jeager to entrepreneur Harold Tillman, he has now also offloaded the Viyella retail chain. Thompson, the former Queens Park Rangers chairman, bought both chains just two months ago from the Coats textiles group for a nominal sum. The new owner of the Viyella chain […]

British retailer Marks & Spencer is shrugging off its image for old-fashioned clothes now its latest collection made it into fashion bible Vogue. The high street chain has undergone a transformation in an attempt to shake its conservative image, and turn round falling profits. Particular attention […]

US apparel giant Liz Claiborne Inc on Tuesday announced it has agreed to buy posh casual apparel maker Juicy Couture, but did not disclose the sum involved in the takeover. New York-based Liz Claiborne said the deal for Juicy's parent, Travis Jeans Inc, is expected to close in the second quarter. Liz […]

Swiss apparel retailer Charles Vögele Holding on Tuesday said its net profit for 2002 improved to CHF15.9m (GBP 7.5m) from CHF 0.8m(GBP 0.4m) in 2001, but net sales fell to CHF 1.5bn from CHF 1.63bn. The company has seen widely varying performances across its international operations. It said revenues […]

Former Spice Girl Victoria Beckham could launch her own range of lingerie in a GBP 1m deal with UK retailer Marks & Spencer according to the London Evening Standard. Her hubbie, England football captain David Beckham, already has a deal for childrenswear with the store chain. Victoria Beckham met […]

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