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Tommy Hilfiger opens Kuwait City store Monday, 17th June 2013
The PVH Corp. owned Tommy Hilfiger Group have announced the opening of a Tommy Hilfiger store in Kuwait City. The store, which is operated by Apparel Group, the exclusive partner of Tommy Hilfiger in the Gulf Cooperation, is located in the Kuwait Avenues Mall on 5th Ring Road.
Louis Vuitton increases prices for the second time Monday, 17th June 2013
Louis Vuitton’s Japan Co. unit has reported to increase its prices by 8 per cent for its leather goods like bags and wallets.
SuperGroup confirms Hans Schmitt aquistion Monday, 17th June 2013
SuperGroup has confirmed the appointment of Hans Schmitt as new managing director of international and wholesale. The news comes after My-Retail Media cited Just-Style as breaking the news on June 11. However, officially confirmation from SuperGroup has reaffirmed the news, and a company spokesman added that the hiring of Schmitt is a very important step for the company, as SuperDry has retail roll-out plans for Europe.
Kuoni's agreement with John Lewis extended with 4 new concessions on their way Sunday, 16th June 2013
Kuoni Travel, tourism company reported that it will launch 4 more, brand new concessions at John Lewis shops, totalling to 8 sites, following the success of its previous 4 concession that opened in 2012 at Oxford Street Southampton, Reading and Cardiff.
Laura Ashley blame poor weather on declining fashion sales Friday, 14th June 2013
The cold British weather during March and April has been pigeon-holed for poor fashion sales by a number of retailers lately, none more so than Laura Ashley, who despite robust sales in its home furnishings, suffered a 0.6 per decline in underlying sales over the 18 weeks to 1 June.
Safilo and Marc Jacobs extend licensing agreement to 2024 Thursday, 13th June 2013
Safilo and Marc Jacobs have announced the early renewal of their licensing agreement for the design and distribution of Marc Jacobs and Marc by Marc Jacobs frames and sunglasses. The deal is said to run until the end of 2024, according to a statement.
Just two out of 25 well-known store groups awarded "Fair Tax Mark" Thursday, 13th June 2013
The tax scandal engulfing many of the UK’s retailers rumbles on today, with just two of 25 well-known store groups awarded a “Fair Tax Mark” in a report published Thursday by the Fair Tax Campaign. Tax campaigners have criticised several UK companies in the past few weeks over the way they structure their tax affairs, provoking consumer anger and demand for political action.
Home Retail Group posts boost in like-for-like Q1 sales Thursday, 13th June 2013
Home Retail Group, the UK’s biggest home and general merchandise retailer, on Thursday revealed a boost in like-for-like sales, as both its Argos and Homebase brands saw positive growth in the first quarter.