Jacques Vert news and archive

Calvetron Brands to shut 102 concessions

Administrators for Calvetron Brands, the owner of Jacques Vert and Précis fashion brands, have confirmed that they have served notice on 102 concessions in the UK and Republic of Ireland. These closures and those announced previously, including Dash and Eastex closures made on June 4, will result in a total of 449 redundancies and form part of...

BusinessFeatured

Calvetron Brands files for administration

Calvetron Brands Limited has filed for administration. The group, which operates in the United Kingdom, Canada, Ireland and United Arab Emirates, has appointed Benjamin Wiles, Philip Duffy and Trevor Birch of Duff & Phelps as their administrators this Friday, as confirmed by Duff & Phelps to FashionUnited. The company is responsible for the...

Business |UPDATE

Investors engage in rescue talks over Style Group Brands

Style Group Brands, the parent company of womenswear brands Jacques Vert and Eastex, is said to be on the cusp of being sold via a pre-pack administration deal following speculation the company could collaspe into administration. A consortium of retail investors, which is said to include former Jaeger owner and BFC leader Harold Tillman, Sandeep...

Business

Style Group Brands is on the prowl for new investors

London - Style Group Brands, the parent company of womenswear labels Jacques Vert, Precis Petite, dash_, Windsmoor, and Eastex, is said to be in search of new investors amid fears it may fall into administration. The fashion business is understood to be seeking new investors and holding talks with potential buyers, as there is a "very real risk"...

Business

Jacques Vert’s owner hires KPMG to explore financial alternatives

Style Group Brands, owner of women's fashion brands such as including Jacques Vert and Windsmoor, is reportedly exploring different options to generate value from its shareholding. Sky News informed earlier this week that Sun European Partners, a private equity investor, has hired KPMG to explore a sale or restructuring of Style Group Brands....

People

Jacques Vert Group reorganizes internal team

British fashion house and womenswear retailer Jacques Vert Group has reshuffled its management team, which led to the exit of not one, but two directors. Mike Halliday, who has been with the group for 26 years left his role as merchandising director last week, according to Drapers, whilst Sarah Morris is set to exit her role as group trading...

Retail

Jacques Vert launching in the Middle East

Women’s occasionwear brand Jacques Vert is launching in the Middle East with the opening of its first concession in Debenhams later this month. The fashion retailer will be opening concessions in Debenham’s Dubai store in the City Centre Mirdif shopping centre on February 19, followed by the Kuwait opening in the department store’s Avenues Mall...

Design

Jacques Vert launches new outlet format

Womenswear group Jacques Vert is to open its first department style outlet to house nine of its brands at Gloucester Quays Outlet Centre. The group’s eponymous label will sit alongside its other brands Planet, Precis Petit, Windsmoor, Alexon, Eastex, Dash, Minuet Petit and Kaliko to offer shoppers for the first time all the brands under one...

Fashion

Jacques Vert Group launches first cross-brand campaign

Jacques Vert Group, the womenswear company which owns Jacques Vert, Windsmoor, Kaliko, Precis Petite, Planet, Minuet Petite, Eastex and Dash, has launched its first cross-brand campaign to broaden its audience. The campaign, which has reportedly cost 250,000 pounds, centres on the group’s outerwear offering and features more than 150 coats aimed...

Design

Jacques Vert Group merges with Alexon

Leading British fashion house, the Jacques Vert Group, having recently merged with Irish womenswear group formerly known as Alexon, has made plans to extend the Merret supply chain already implemented at Jacques Vert Group across the whole group. Since the merger, the Jacques Vert Group, now stands as the UK’s largest concession retailer, with...

Design

Jacques Vert appoints new chief executive

Womenswear retailer Jacques Vert has named Teresa Tideman as its new chief executive. Tideman, who is currently senior vice president and joint managing director of the Disney Stores Europe, will take up her role as CEO of the fashion retailer in March next year. Prior to her role with Disney, Tideman worked at David Jones, Australia’s second...

Design

Sun Capital to chop various Jacques Vert brands

Sun Capital, the private equity firm behind Jacques Vert, is said to axe various of its brands in 2013, aimed to “rationalize” its portfolio. ‘This is Money’ advanced on Monday that Jacques Vert – Britain’s biggest department store concession group with 11 labels including Windsmoor, Precis and Planet – will axe several brands in 2013. A source...