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Articles about fashion
Dolce and Gabbana found guilty of tax evasion and sentenced to jail Wednesday, 19th June 2013
Photo credit: Dolce & Gabbana
The controversial tax avoidance case surrounding Italian fashion designers Domenico Dolce and Stefano Gabbana came to a head today, with the pair sentenced to one year and eight months in prison. Despite denying the charges, the pair have been found guilty by an Italian court for hiding hundreds of millions of euros from the tax authorities.
Posted in fashion, Fashion News, Legal, People Tagged Stefano Gabbana, Domenico Dolce, Dolce & Gabbana, Gado, tax avoidance
Hermès are set to sue LVMH for stealthy stake acquisition Wednesday, 19th June 2013
Photo credit: Hermès
Hermès International SCA have confirmed that they will sue rival luxury group Louis Vuitton Moët Hennessy (LVMH) in a bid to annul the equity shares LVMH have acquired. According to French daily Les Echos, Hermès are arguing that LVMH intentionally bought equity swaps in a bid to acquire shares in the handbag specialists.
Posted in fashion, Fashion News, Legal, Luxury Goods, Retail Industry Tagged LVMH, Hermes, AMF, Les Echos, equity swaps, shares, stake, luxury, fashion, retail
H&M reveals Q2 profit decline Wednesday, 19th June 2013
H&M has reported a second-quarter profit decline of 10.8 per cent to SKR 4.66 billion, or USD 700 million, in a statement today.
Posted in fashion, Fashion News Tagged Karl-Johan Persson, h&m, fashion, fashion news, cos, monki
Topshop partners with Reclaim to Wear for summer 2013 collection Wednesday, 19th June 2013
British multi-channel retailer, Topshop announced that it will be collaborating with Reclaim To Wear for the second time since its achieved success from its 2012 debut collection.
Posted in fashion, Fashion News, Online retail, Retail Industry Tagged womenswear, Topshop, Reclaim to wear, fashion news, retail news, retail and consumer industry
JD Sports prepares for “substantial” loss for Blacks and Millets Wednesday, 19th June 2013
Photo credit: Blacks Outdoor Retail Ltd
JD Sports Fashion on Wednesday revealed its outdoor categories are set for another “substantial” loss, as a return to profitability remains a “work in progress”. The sporting goods retailer today warned its outdoor division, which made a loss of £14.9 million in its last financial year to February, had to sacrifice margins in order to achieve a positive like-for-like sales figure.
Posted in fashion, Retail Industry, Sporting Goods Tagged blacks, jd sports, leisure, sports, retail, millets, profit, sales, annual, results, margin
PPR officially renamed 'Kering' Wednesday, 19th June 2013
PPR finally cast off its old identity yesterday during an annual meeting it which it renamed itself ‘Kering’.
Posted in fashion, Fashion News, Sporting Goods Tagged Francois-Henri Pinault, Bjorn Gulden, PPR, Kering, Fnac, Puma, Sportswear, Sporting Goods, Pandora
Big retailers open men's only stores as menswear market sees growth Tuesday, 18th June 2013
According to Mintel, sales in luxury menswear market is expected to hit USD 18,036 billion in 2016, an increase from last year’s USD 15, 971 billion.
Posted in fashion, Fashion News, Luxury Goods, Online retail, Retail Industry Tagged menswear, retail news, retail and consumer industry, retail, expansion
Dolce & Gabbana open menswear store on New Bond Street Tuesday, 18th June 2013
Photo credit: Dolce & Gabbana
Dolce & Gabbana have opened its only menswear flagship on New Bong Street to coincide with this week’s London Collections: Men festivities. The official launch party was preceded by Stefano Gabbana and Domenico Dolce showcasing their tailored Spring-Summer 2014 collection, sending some 40 models down the streets of Mayfair.
Posted in fashion, Fashion News, Franchise & Expansion, Luxury Goods, Retail Industry Tagged Stefano Gabbana, Domenico Dolce, Dolce & Gabbana, London Collections: Men festivities, New Bond Street, menswear, flagship, British, Italian, Spring-Summer 2014 collection, Mayfair
ASOS to double online Primark collection after initial success Tuesday, 18th June 2013
ASOS has announced it will double its Primark offering from 70 to 140 pieces after sales in the value-driven retailer’s clothing collection went viral earlier this month. Having yet to launch an e-commerce site of its own, Primark’s initial tie-up with ASOS has already been branded a roaring success, as shoppers in areas without access to a Primark have been able to purchase items from the fast fashion brand in the comfort of their own homes.
Posted in fashion, Online retail, Retail Industry Tagged asos, fashion, clothing, primark, double, fast, value
Harrods opens maiden international store Tuesday, 18th June 2013
Harrods has opened its first international store in Italy this week.
Posted in Department Stores, fashion, Franchise & Expansion, Retail Industry, Retail Property Tagged Harrods, Valentino, Chopard, Hublot, fashion, fashion news, department stores, expansion & franchise, retail property
