REPORT_ The Prada SpA Board of Directors today examined and approved the interim report for the six months ended July 31, 2013. Consolidated net revenues 1,728.1 million euros (2306.6 million dollars), an 11.7 percent increase on the 1,547.4 million euros (2065.4 million dollars) reported in the first half of 2012...Read More
A new report states the world's clothing and textile production is continuing year-on-year growth, with emerging economies leading the way. While the latest figures support forecasts for a "modest" rise in total world manufacturing growth in 2013, apparel and textile output in the quarter is lower than it was in the first three months of the year, Just-Style reports...Read More
REPORT_ For the half year ending July 31, 2013, French Connection revenue was 6.4 percent lower than the equivalent period last year. Gross margin for the half year was 47.3 percent compared to 47.7 percent in 2012. Total group operating expenses were 7 percent lower in the period. License income decreased by 15 percent. UK/Europe accounted for 70 percent of group revenue. Revenue in the group’s wholesale business based in Hong Kong was 5 percent of group revenue. In North America the retail division saw a 5 percent decline in revenue in the period. The group’s online business was 20 percent of global retail sales...Read More
According to the the tenth edition of the Retail Asia Top 500 Retailers Ranking, published by Euromonitor International and Retail Asia, Asia Pacific’s Top 500 retailers generated more than 1 trillion US dollar in sales in 2012, almost one fourth of the region’s overall retail sales of 4 trillion US dollar...Read More
London Fashion Week designer Christopher Kane is set to open his brand’s first store on London’s Mount Street next year.
The designer, who received investment from Kering (formerly PPR) earlier this year, will join other luxury British brands including Alexander McQueen and Stella McCartney, as well as Roksanda Ilincic who is also opening her first store on the street...Read More
The "All in for My Girls" campaign from Adidas in China has proven to be quite a revelation. The advertisement portrays ‘tribes’ of slim, pretty girls, often clad in pink, smiling whilst engaging in a myriad of sporting pursuits with their friends. The brand ambassador is no athlete but Taiwanese pop star Hebe. While Adidas is far from shedding all vestiges of its heart-pumping, health-oriented sports positioning, this campaign manages to present it with a heavy dose of girlish appeal, paying heed to local views on sports and beauty ideals...Read More
In one of the strongest shows of the week, David Koma showed a focused collection of graphic bodycon dresses. The look, though sometimes hard and rigid, was at the same time very wearable by its clever tailoring and use of details, however fitted the dresses...Read More
The spring/summer 2014 season of London Fashion Week kicked off on Friday with a bright collection from Bora Aksu inside the British Fashion Council’s new tents, which this September features a new U-shaped catwalk.Over the course of the five days, LFW will feature 58 catwalk shows and 15 presentations, from names including Burberry, Mulberry, Vivienne Westwood, Matthew Williamson, Christopher Kane, and Tom Ford, and for the first time Manolo Blahnik, Smythson and Barbara Casasola join the official schedule...Read More
French luxury brand Longchamp opened its European flagship boutique on Regent Street during the London Fashion Week weekend. The chief executive of the luxury handbag maker has credited London as the leading “global city” as it offers access to British and international shoppers...Read More
Marc by Marc Jacobs has apologised and removed from sale a T-shirt featuring imagery that is similar to that of neo-Nazi band Skrewdriver. The white T-shirt bears the image of two combat-boots, which resembles Screwdriver’s 1987 LP Boots & Braces...Read More
