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Articles about Footwear

KKR planning to invest in Saks Thursday, 23rd May 2013

KKR planning to invest in Saks

The Private-equity firm is aiming towards merging the New York based luxury department store with its rival Neiman Marcus Group Inc.

Posted by Ushma Patel

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M&S to appoint a Frenchman to lead marketing strategy Tuesday, 21st May 2013

M&S to appoint a Frenchman to lead marketing strategy

Marks & Spencer will be appointing a Frenchman to lead its marketing strategy to reverse the decline of its clothing sales.

Posted by Ushma Patel

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Loro Piana and Casadei expect to open in Florence Thursday, 16th May 2013

Loro Piana and Casadei expect to open in Florence

Loro Piana, the Italian luxury cashmere specialist and Casadei, the luxury shoemaker are to open mono-brand stores in Florence

Posted by Ushma Patel

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AllSaints launches a film company Wednesday, 15th May 2013

AllSaints is launching AllSaints Film, a film production company which will annually produce multiple projects that concentrate and put light upon music, style and street influences through moving image installations and documentaries.

Posted by Ushma Patel

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Net profit up 103% as Ferragamo goes from strength to strength Tuesday, 14th May 2013

Net profit up 103% as Ferragamo goes from strength to strength
Photo credit: Ferragamo

Salvatore Ferragamo Autumn/Winer 2012 campaign. Luxury Italian fashion house Salvatore Ferragamo revealed a 103 per cent growth in net profit for its first quarter of 2013 to EUR 24 million, compared to the same period a year before. The Florentine company reported a 9 per cent rise in turnover for the quarter to EUR 282 million, and a 29 per cent increase in EBITDA to EUR 39 million.

Posted by Ava Szajna

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Puma’s sales decline in 2013 Tuesday, 14th May 2013

Puma’s sales decline in 2013

Puma has cut its revenue and profit forecasts for this year after sales in Europe and Asia dropped in the first quarter.

Posted by Ushma Patel

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Premium fashion retailer Coggles enters administration Monday, 13th May 2013

Premium fashion retailer Coggles enters administration

International fashion retailer Coggles has entered administration after its directors’ attempts to restructure and attract new investment fell through.

Posted by Ushma Patel

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Calzedonia to buy majority of stake in La Perla Monday, 13th May 2013

Calzedonia to buy majority of stake in La Perla

The Intimissimi and Tenziens owner Calzedonia has opened negotiations with La Perla.

Posted by Ushma Patel

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John Varvatos plans to take on the European fashion Monday, 13th May 2013

John Varvatos plans to take on the European fashion

John Varvatos, the New York menswear designer is backed by the leading investment firm Lion Capital for plans to take on the world of European fashion.

Posted by Ushma Patel

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Kate Spade flagship store unveils at Madison Avenue Thursday, 9th May 2013

Kate Spade flagship store unveils at Madison Avenue

The most closely watched brands in the industry Kate Spade is on track to generate USD 700m-750m in revenues this year.

Posted by Ushma Patel

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