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Friday, January 18, 2019

New Guards owners searching for investors, LVMH rumored to be interested

New Guards, the DJ designer-driven Italian group that includes Off-White c/o Virgil Abloh, is looking for an investor, according to sources in Milan.

VF Corp raises full-year forecasts on continuing Vans demand

Apparel maker VF Corp raised its full-year revenue and profit forecast on Friday, as demand for its high-margin, popular Vans sneakers continues to boost sales, sending the company’s shares up as much as 15 percent.

Berluti: Burnished tailoring at a stylish debut by Kris Van Assche

A change of designer and a significant change in emphasis at Berluti, where Kris Van Assche presented his debut collection for the venerable French marque on a cold Friday in Paris.

Paris: Avant tailoring makes a comeback, in an insurrectionary moment

Some two weeks into the fashion season, designers who truly understand the concept of avant garde tailoring and a certain insurrectionary air, albeit with a hopeful tinge, dominated the past two days in Paris.

Ungaro relaunches women’s ready-to-wear with rejuvenated style

The French label, absent from the catwalks for a year, took the opportunity of the Paris Men's Fashion Week to unveil a women’s collection with a focus on knitwear, alongside its new men’s looks.

Saks lands exclusive retail premiere of Kim Jones’ Dior Men’s collection
Saks Fifth Avenue has been selected for an exclusive early launch of Kim Jones’ premiere collection for Dior Men, making pieces available now, two weeks before other retailers.

9:06 PM | Luxury | Retail | Collection

Saks lands exclusive retail premiere of Kim Jones’ Dior Men’s collection
Amazon creates rocketing sales for small and medium-sized business partners
Amazon has shown itself to be a boon for its small and medium-sized business partners, with over 50,000 exceeding $500,000 in sales in Amazon stores worldwide for 2018, and nearly 200,000 surpassing $100,000.

9:05 PM | Fashion | Retail | Business

Amazon creates rocketing sales for small and medium-sized business partners
Tiffany holiday sales fall as Chinese tourists spend less
Tiffany & Co tempered its yearly profit forecast on Friday after its holiday sales fell unexpectedly as Chinese tourists spent less globally and the U.S. luxury jeweler faced softer demand in Europe and at home.

7:15 PM | Luxury | Business

Tiffany holiday sales fall as Chinese tourists spend less
French antitrust watchdog raided luxury watch retailers
France’s anti-trust watchdog said on Friday that it had raided luxury watch retailers as part of a probe into possible anti-competitive practices.

7:14 PM | Luxury | Industry

French antitrust watchdog raided luxury watch retailers
Clothing retailer Gymboree files for bankruptcy again
Children’s clothing retailer Gymboree Group Inc filed for Chapter 11 bankruptcy protection, the second time in almost two years, and said on Wednesday it will close more than 800 Gymboree and Crazy 8 stores.

7:01 PM | Fashion | Business

Clothing retailer Gymboree files for bankruptcy again
Converse transforms iconic Chuck Taylor into ‘Run Star’ running shoes
The classic Chuck Taylor style has been transformed into a running shoe with a ticker and cushioned sole. The shoe designed by JW Anderson launches in February.

6:16 PM | Fashion | Collection

Converse transforms iconic Chuck Taylor into ‘Run Star’ running shoes
M&S receives PETA award for new vegan-friendly ranges
Marks & Spencer has been recognised with PETA’s first Vegan-Friendly High-Street Retailer Award for its latest efforts to provide cruelty-free fashion and food products.

6:15 PM | Fashion | Industry

M&S receives PETA award for new vegan-friendly ranges
India's richest man to battle Amazon, Walmart in e-commerce
Asia's richest man Mukesh Ambani announced details of a new online shopping platform Friday that will see his oil-to-telecoms conglomerate take on Amazon and Walmart in India's burgeoning e-commerce market.

5:23 PM | Fashion | Retail | Business

India's richest man to battle Amazon, Walmart in e-commerce
China's Trendy Group acquires majority stake in Dutch denim label Denham
Chinese fashion group Trendy Group has acquired a majority stake in Dutch denim label Denham. CEO Ludo Onnink will exit the company and will be succeeded by Trendy president Andre Chen.

4:03 PM | Fashion | Retail | Business

China's Trendy Group acquires majority stake in Dutch denim label Denham
Austrian data privacy activist files complaint against Amazon, others
Amazon is among eight tech firms named in a complaint filed in Austria by non-profit organisation Noyb, which cited their failure to comply with the European Union's General Data Protection Regulation (GDPR).

3:22 PM | Fashion | Industry

Austrian data privacy activist files complaint against Amazon, others

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