Growing sales at Dior and Richemont

Christian Dior and Richemont have shown demand for luxury goods has not been hit by flagging consumer sentiment like other retail sectors. Christian Dior – parent of the world’s biggest luxury goods group LVMH – said its 2004 sales were up six per cent to £9.17 billion. The firm – which comprises both LVMH and […]

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Tough market for Gap

A decline in sales for the US chain Gap is proving tough markets are international. In the four-week period to November 27, group sales of $1.4bn were level with last year. Total comparable sales fell by 4 per cent for the month across Gap’s four divisions. Click Here: Tienda Liga Mexicana Thus far, Gap International […]

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Beyonce to produce clothing line

Last week R&B diva Beyonce Knowles announced that she had signed a licensing contract to produce a line of clothing for young women. The Tarrant Apparel Group will produce the new line. The company already makes clothes under the American Rag, Cie and Gear 7 brands. Beyonce is naming her brand the House of Dereon, […]

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First class

The accessories trade show Premiere Classe opened simultaneously with the fashion trade fair Pret a Porter Paris last Friday at the Porte de Versaille in Paris . Premiere Classe is a partner of Who’s Next, the fashion trade show that manifests itself as a predictor of trends and a platform for new ideas. With 295 […]

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Asics sets up subsidiary

Asics Corp, the Japanese sporting goods producer, is to set up a sportswear and production subsidiary in October, and will be closing its women’s sportswear subsidiary Asics Almos Inc. Asics Ubik Creation, the new company, will produce sportswear, outdoor clothing and related accessories, starting next month. The company will be based in Suita in western […]

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Menswear back on LFW agenda

London Fashion Week is about to see a spark of menswear designers show their collections on the catwalks, at what has traditionally been a week dominated by women’s ready-to-wear and accessories. British menswear is enjoying a renaissance and is coming to back to a week heralded for its quality of new design talent. Rumour has […]

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More Zara stores open in Moscow

Inditex, the Spanish owner of fashion stores Zara and Berschka, is set to open two new Zara stores in Moscow this year. The stores will open in the city’s central GUM shopping centre and in the Lomonosov University. Zara opened its first store in Moscow in the Mega South shopping centre in March 2003. Click […]

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LFW organiser plan consumer show

Single Market Events, the organiser behind the exhibition at London Fashion Week is targeting high street players with the launch of consumer event High Fashion. The event is planned for London’s Olympia from March 16-19 and will present a series of catwalks showcasing the latest high street collections over three days. Click Here: liz claiborne […]

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Reebok CEO steps aside

Reebok chief executive Paul Fireman will step aside now that the takeover of Reebok International by Adidas-Salomon has been completed. Fireman acquired the North America distribution rights to Reebok in 1979. Since then he has stepped down from his post several times, only to return to the brand each time to further expand it. On […]

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