John Galliano will soon launch his new second ready-to-wear line, called Galliano. Prices will be approximately 40 percent below those for his signature collection, but with the same design approach and the manufacturing skills of licensing partner IT Holding. “I’ve had the jeans and people have been receptive, but the prices have been prohibitive,â€? he …
The Owners of New Look are to enjoy a £350m windfall, lengthening the odds on the company’s imminent return to the stock market. Apax Partners and Permira along with Tom Singh, the company’s founder have enlisted Goldman Sachs to explore a refinancing of the business. Sources close to the situation said the probable refinancing would …
British retailers, distributors and wholesalers that import goods from Asia are facing rises of up to 30 per cent in shipping rates from the start of next month. The Far Eastern Freight Conference (FEFC), which represents the leading shipping lines that move cargo from Asia to Europe, said that the move comes because “most lines …
Paris, April 10, 2006 – Lectra demonstrated the added value of its solutions dedicated to industrial fabrics and, for the first time in France, presented its new ProSpinTechTexST cutting solution at the JEC Composite Show, held in Paris, France from March 28 to 30. “Lectra’s offering provides players in the industrial fabrics sector with innovative …
To celebrate its 25th anniversary last year, Italian jeans and fashion label Replay launched a limited edition pair of jeans. This has resulted in a new line of jeans called Replay Col lectors. The line consists of a limited edition range of high-end jeans which signifies the company’s direction. “The beginning came out of the …
Paul Meechan, a leading headhunter in the retail sector, has acquired Berkeley Search & Selection. The recruitment firm – of which he is chief executive – specializes in the footwear, fashion and lifestyle product sectors and doubled in size in the last few years. Under its new management, the company can look forward to further …
Former Philippine First Lady Imelda Marcos is launching the own fashion jewellery collection. Marcos, the flamboyant widow of former dictator Ferdinand Marcos, is famed for her extravagant and excessive lifestyle, which included owning 3000 pairs of shoes, the alleged world’s largest gem collection and five-million dollar shopping sprees to New York and Italy. The Imelda …
High street fashion chain New Look is back in the news this week as private-equity practitioners are expected to highlight the company as one of the biggest success stories among UK buyout deals in recent history. Since it was taken private in a £700m deal led by founder Tom Singh three years ago, its workforce …
The German fashion concern Escada Group saw its net profit drop 5.6 percent in the first quarter to €107.9 million. Group sales fell 3.3 percent to €161.2 million. Profit before tax, however, gained 13.5 percent. The group blamed the drop on foreign currency effects, but did not appear concerned. The fall in sales was said …
Burberry and Wolff Shoe are battling against the use of a plaid design on shoes, with each company citing infringement on the other. Wolff Shoe filed an action seeking declaratory judgment of non-infringement in federal court in St. Louis on Sept. 2 whilst Burberry filed a lawsuit on Sept. 28 against Wolff Shoe for alleged …