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Marks & Spencer teams up with British Fashion Council to promote home-grown talent Tuesday, 19th February 2013
Photo credit: British Fashion Council
Two great British institutions are set to team up to promote home-grown talent over the next three years.
Marks & Spencer will partner with the British Fashion Council (BFC) as part of the Best of British initiative, which will include two clothing collections and an emphasis on sustainability and local production.
"The M&S brand is synonymous with all things British so we are delighted that they will be partnering with us to champion the very best of the UK's manufacturing, textiles and practice," said Natalie Massenet, chairman of the BFC and Net-A-Porter founder.
"We are charging them with taking a lead on positive fashion and change within our industry. Myself and the team are looking forward to developing this with them over the next three years."
The clothing collections, which have been dubbed as “luxury capsule edits”, will run across both mens and womenswear and will mark the first stage of the partnership.
"We are proud to collaborate with the British Fashion Council and look forward to working alongside them on our exciting Best of British initiative," said Marc Bolland, chief executive of M&S. "This is the start of an exciting journey to put more emphasis on British design and talent."
Marc Jacobs is Diet Coke’s new creative director Wednesday, 6th February 2013
Behind the scenes of Marc Jacob's advert for Diet Coke. Photo credit: Diet Coke
Fashion designer Marc Jacobs has been named by Diet Coke as its new creative director as the brand celebrates its 30th anniversary.
Jacobs will join a stellar line-up of previous creative directors for the drinks brand including Karl Lagerfeld and Jean Paul Gaultier, with a limited edition run of bottles and cans, along with a “stylish and light-hearted” makeover.
"I feel very privileged to be the new creative director of Diet Coke and put my stamp on the 30th anniversary campaign," said Jacobs. "Diet Coke is an icon - and I love an icon."
To kick off the collaboration Diet Coke has released a parody of its famous ‘Diet Coke Hunk’ adverts of the 1990s, starring a playful-as-ever Marc Jacobs.
M&S shares take a tumble Friday, 11th January 2013
Photo credit: Marks & Spencer plc
Shares in Marks & Spencer went through the wringer on Thursday after the retailer released its Christmas trading figures 12 hours ahead of schedule.
Marks & Spencer saw more than 5 per cent, nearly £300 million taken off its value at one point on Thursday, although the department store chain was able to take control of its shares by the end of the day, closing down 2.2p at 368.8p.
Chief executive Marc Bolland released the retailer’s festive results 12 hours ahead of schedule on Wednesday night, after it emerged that the results, detailing a 1.8 per cent fall in overall sales, had leaked.
M&S profit to dip for first time in three years Monday, 21st May 2012
Photo credit: Marks & Spencer plc
The retailing powerhouse is expected to announce its first fall in profit for three years on Tuesday, when it reports its annual results.
It will be the first time in eleven years that Marks & Spencer’s profit has slipped below Sainsbury’s, as the company continues to struggle against fierce competition on the high street.
According to the Telegraph the department store group is forecast to publish a pre-tax profit of £694 million, a considerable drop from last year’s £714 million.
Poorer sales in the UK are not expected to have improved, with chief executive Marc Bolland expected to attribute to a shortage in best-selling items in March and April.
LVMH sales up 20.4% for Q4 Thursday, 2nd February 2012
Moët Hennessy Louis Vuitton (LVMH) reported sales in its fourth quarter rose a staggering 20.4 per cent to EUR 7.35 billion, adding that it was confident it would maintain its sales momentum in 2012, despite the uncertain economic climate in Europe.
The Christian Dior, Fendi and Marc Jacobs owner said revenues for the full year grow 16 per cent to EUR 23.66 billion. LVMH cited strong growth in Europe, Asia and the United States, where Louis Vuitton posted double-digit revenue growth during the year.
Net profit rose 1 per cent to EUR 3.06 billion for the full year. Profits from continuing operations rose 22 per cent to EUR 5.26 billion, surpassing the EUR 5 billion threshold for the first time.
LVMH chairman and chief executive officer Bernard Arnault called 2011 “another vintage year” for the French conglomerate. “In 2012, LVMH intends to further strengthen its global leadership position in high quality products by relying on its sound long-term strategy,” he said.
Marc Jacobs S/S 2012 collection stolen Thursday, 17th November 2011
Marc Jacobs is no stranger to being in demand. The designer has spent the last few months fending off rumours left, right and centre over a possible move to Dior.
And now it seems yet more unwanted attention will set the phones ringing and the inboxes piling up: just 24 hours before the Marc Jacob’s spring/summer 2011 collection press day, the PR office released the following:
The Marc Jacobs PR team is sorry to inform you that our press day tomorrow in the Marc Jacobs store [in London] is cancelled, due to the theft of the spring/summer 2012 collections during its transfer from Paris."
It’s unknown at this time precisely how much of the collection was taken. While some sources say the entire line was stolen, others suggest only some clothing items and accessories have been taken.
Marc has several collections, including his eponymous range and diffusion line Marc by Marc Jacobs.
The police are currently investigating the crime, although it's thought the designer does have duplicates of all the pieces.
However, the theft may mean fashion magazines will struggle to shoot the collections for their spreads.