The US clothing chain Brooks Brothers is launching its first outlet in the UK’s capital. It has also made an offer for a second site in London, and aims to open 12 UK retail locations within the next five years, according to media reports. The company was formerly owned by British Marks & Spencer and […]
Yesterday Pringle announced that designer Stuart Stockdale is leaving the company. It revealed that Stockdale, who has been credited with making knits sexy, is leaving to pursue “a new, exciting, once in a lifetime opportunity”. The company regrets his departure. “In four years, he’s taken Pringle from a rail of knitwear to a full luxury […]
Watch out, Sean John boys. The girls are on the make. Sean ‘P.Diddy’ Combs is finally launching his womenswear line. After having cancelled the launch three times as his menswear collection Sean John became increasingly successful, the CFDA award winner is now finally ready to dress women. “I want women to come into my world,” […]
ASOS, the online fashion retailer, has reported a rise in full-year profits and an auspicious start to the first quarter. Previously known as As Seen On Screen, the company said that profit before tax, amortisation and goodwill increased by a whopping 77 per cent to £1.1 million during fiscal year ended 31 March. Sales for […]
Polo Ralph Lauren said it is sponsoring the LPGA golfer Morgan Pressel, the 2005 Women’s Amateur Champion and second place finalist at the 2005 Women’s US Open. Pressel will wear Ralph Lauren apparel both on and off the course and will appear in Ralph Lauren Golf’s advertising campaign. In addition, she will appear in online […]
In another move to expand its offerings, Juicy Couture has signed a licensing agreement with Movado Group Inc. to design, produce and distribute a collection of watches. It is the fourth deal in recent months for contemporary brand Juicy Couture, including the launch of footwear licensed to Schwartz & Benjamin, the debut of sunglasses under […]
Swedish fashion chain Hennes and Mauritz surprised investors on Monday when it posted lower-than-expected sales growth in September. Sales rose 7 percent in September, as opposed to 17 percent in August and 10 percent in September of last year. Analysts had predicted a growth of between 13 and 15 percent. The company blamed the “unusually […]
American retailer J. Crew is banning fur from its product line. Heather Mills McCartney, the wife of rocker Paul McCartney, has been waging a public battle along with the People for the Ethical Treatment of Animals against the $800 million a year chain’s use of fur. “It’s very, very exciting,” McCartney told the New York […]
Italian fashion group Benetton presented a bullish outlook for the year as it posted profit and revenue gains for the first half. Net profits for the six months ended 30 June rose 1.9 percent to €64 million, while sales gained 6.7 percent to €898 million. Chairman Luciano Benetton said in a statement that the company’s […]
Bottega Veneta is the most prestigious luxury brand of 2006, beating Hermes and Armani to the punch. A study by US research facility The Luxury Institute, in which wealthy consumers participated, showed that the understated Italian brand was the big winner. The relatively low awareness level of Bottega Veneta, at 21 percent, as opposed to […]