According to a report in the Financial Times, the Japanese government is contemplating new regulations for foreign investors in that country. If the new regulations are passed, large foreign retailers would have difficulty establishing a presence in Japan. This has sparked accusations that Japan is trying to protect its small local retailers from foreign competition. […]
Conceptual designer Hussein Chalayan’s ready-to-wear is as fit for the body as it is for exhibition. For his first solo exhibition, Chalayan’s work fits seamlessly and convincingly into the very modern environment of the Wolfsburg Art Museum. Originally conceived by and presented at the Groninger Museum in northern Netherlands , the show moved to Wolfsburg […]
PPR continues to be driven by it luxury activities. The French owner of the Gucci Group has announced that although retail operations only grew a modest 5.1 percent, the Gucci Group saw its recurring operating income for the first half increase by 69.6 percent. “Luxury has been exceptional,â€? chief executive Francois-Henri Pinault told analysts and […]
From Editor-in-Chief and Creative Director Paulus, new fashion magazine Issue One’s manifesto is to avoid the creative booby trap of “pandering to the requirements of the high-rolling, high-profile advertisers.” He’s working instead to put the creative reins back into the hands of a visionary team of photographers and stylists, who are free to conceive and […]
Shoppers who have trouble finding clothes that fit perfectly or have a have a penchant for bespoke quality should head to Harrods. The luxury department store will launch a made-to-measure tailoring service using Bodymetrics software, which produces a digital virtual replica of the customer. Designer brands Vivienne Westwood, Nick Tentis and Holland Esq. will be […]
Looking to promote your talents as a designer, artist or model? Leading UK digital media agency Catwalk Creations Ltd has introduced a new concept called ‘Fashionmentry’. It is a digital self promotion tool that combines a filmed biography-style interview, an in-depth look at your work accompanied with running commentary, selected pieces worn by models and […]
Dickson Concepts Ltd., which sells Ralph Lauren clothing and other luxury goods in Asia, said it will buy Tommy Hilfiger Asia Pacific Ltd. for $51 million from Dickson Chairman Dickson Poon. Tommy Hilfiger Asia has rights to the U.S. brand in Hong Kong, Taiwan, Singapore, Malaysia, Macau and China, Hong Kong- based Dickson said in […]
Click:Plastic bag machine Dawson International could be split up, with various parts of the cashmere group to be sold to the highest bidder. The Scottish textile group said last week that it had entered takeover talks “with a number of parties which may or may not lead to an acquisition of a substantial shareholding of […]
The Prada Group announced Banca Intesa has acquired a 5% stake in its Italian luxury goods company through the underwriting of a €100m capital increase. At the same time, ITMD Investment BV, Prada Group’s holding company, has underwritten a €200m medium-term loan agreement. According to WGSN, Prada stated the agreements will allow the group to […]
Prada reported profits of 63 per cent to 76m euros, as was reported by Reuters. The luxury Italian fashion house, which also owns Church’s, Miu Miu, and Fendi, is considering selling shares to the public. In a statement on Friday, Prada stated revenues rose 8.2 percent to 1.425 billion euros and core profit gained 24 […]