Luxury group LVMH reported 10% organic revenue growth at the end September, achieving revenue of €12 billion in the first nine months of 200 compared to the same period in 2007. Louis Vuitton reported remarkable growth despite the global economic context.
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US retailers in tough sales climate |
Some of America's most popular retailers have reported poor sales for the month of September. As consumers around the world continue to tighten their belts during the economic slowdown retailers are starting to feel the pinch, including those thought to remain unaffected.
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aleXsandro Palombo knitwear |
Only available one season a year, Italian knitwear designer aleXsandro Palombo created a collection called ‘knit atelier no season’, which is available now. Made in a workshop following the same processes as for haute couture, Palombo dedicates craftsmanship to each model
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Liz Claiborne and Narciso Rodriguez part ways |
In a joint statement Liz Claiborne Inc. and Narciso Rodriguez announced that they have agreed to terminate their business relationship initiated in May 2007. As a result of this agreement, Narciso Rodriguez will regain full ownership of the trademarks and business bearing his name.
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The MoMu in Antwerp honours Margiela |
Maison Martin Magiela (MMM) is celebrating its 20th anniversary. This is being commemorated with a special exhibition at the Fashion Museum in Antwerp, the city where Magiela completed his fashion degree. Following the collection presentation in Paris last week, the rumour
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Oxford Street gets 1.5bn makeover |
London's West-end is to get a fashionable makeover. Details of a £1.5bn investment to spruce up Oxford Street's main shopping area is the brainchild of Dame Judith Mayhew-Jonas, the newly appointed chairman of the New West End Company. The company has been handed the remit to revamp
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FaCshion reports successful results |
For two days, trade buyer and consumer show FaCshion played a successful host to emerging fashion at the Old Truman Brewery in East London. The new trade show, where buyers can source new collections and fashionista’s are offered cutting-edge independent fashion,
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Ted Baker sees good first half performance |
Ted Baker has seen a good first half performance in a difficult trading environment, the Group reported on Thursday. Strength of the Ted Baker brand and a successful multi-channel distribution strategy continued to drive growth and the company saw strong performance from its retail
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Marks and Spencer today reported a significant drop in sales. The decline has picked up pace as the UK's biggest retailer continues to suffer from tough conditions on the High Street. M&S said UK like-for-like sales had fallen 6.1% in the 13 weeks to 27 September. In the previous
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Online customer more discerning |
According to a study conducted by PayPal, online retailers are hoping to lure frustrated customers with more than just bargain prices. The study uncovered retailers' insights into customer behaviour to discover the future of online sales is no longer just about value and choice. Customers are
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On Wednesday 12th November 2008, UK’s clothing and textile supplier forum ASBCI will host its forthcoming student members’ conference at the University of Huddersfield. Open to ASBCI student members across 16 fashion colleges throughout the UK the conference keynote presentation
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Agent Provocateur tops fashion CoolBrands |
Lingerie brand Agent Provocateur is voted the coolest fashion brand according to CoolBrands 2008/09 - UK’s shortlist of coolest brands as chosen by a poll of over 2,500 members of the public and the CoolBrands Council. The high-class lingerie chain won over the panel and
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Lifestyle Boutique UK launches |
Global concierge service Lifestyle Boutique has launched in Britain. The UK boutique is the latest outlet and focuses on ‘ultra-high-net-worth’ individuals, ensuring excellent results and a true bespoke service. Until the UK launch, Lifestyle Boutique reached its membership capacity. With
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Together with ShopStyle, fashion magazine Elle will launch its own branded shopping site for UK readers. US company ShopStyle recently launched in the UK and promises Elle’s readers a one-stop-shop for all their stylish shopping needs. With over two million users per month in the US,
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Anthropologie expands to Europe |
Lifestyle retailer Urban Outfitters anticipates its the transatlantic expansion of its Anthropologie brand with the appointment of James Bidwell to the new position of managing director of Anthropologie Europe. Bidwell joins the company from Visit London, previously the London Tourist Board, where
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Gola and eBoy art collaboration |
Iconic British sports brand Gola Classics is teaming up with German pixel art collective eBoy for SS09. It is for the third time the two are joining forces. eBoy’s style is a presentation of 3D illustrations filled with structures, robots, cars, and girls inspired by pop culture, LEGO, computer
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Wolford 4,6% revenue increase |
Austrian brand Wolford continues to improve its sales for the first quarter of 2008/09 with 4,6 percent. In the period from 1st May until 31st July 2008 the company’s revenue increased with 31,9 million in comparison to last years 30,5 million. Wolford already achieved a sale increase of
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