Today's News

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    VTB Capital may buy majority stake in Cavalli

    The Russian bank VTB Capital, targeted by the latest EU economic sanctions against Russia, is considering buying 60% of the Italian fashion house Roberto Cavalli, according to a report on...

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    The Kooples opens first US stores

    As announced a few months ago, The Kooples recently opened its first US monobrand stores in Los Angeles and San Francisco. Now it is getting ready its third in New York by the end of August.

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    Levi's opens Workspace in London for cyclists

    On August 7, Levi's opened a Commuter Workspace that will run until 17 August in Shoreditch in London. It’s part of a series of Workspaces organized in July and August in New York, Los...

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    Sonia Rykiel in Bloomingdale's

    Sonia Rykiel is back on the US market with the opening of a shop in shop in the department store Bloomingdale's on 59th Street in New York.

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    World fiber production increased 2.8% in 2013

    Some 92.3 million tons of fiber were produced in 2013, up 2.8%. But while manmade fibers posted a 6.1% increase, to 60.3 million tons, natural fibers were down 3% to 32 million tons.

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    Ralph Lauren did better than expected in Q1

    For the first quarter of its 2014-15 fiscal year ending on June 28, Ralph Lauren Corp reported an 3.3% increase in turnover to 1.7 billion dollars - more than expected by analysts.

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    Safilo renews license for Tommy Hilfiger

    The Italian eyewear company has renewed its worldwide licensing agreement for the design, production and distribution of Tommy Hilfiger eyewear collections one year in advance.

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    Moncler’s sales up 19% in first half

    On Wednesday, Moncler reported a 19% increase in net sales for the first half at 218.3 million euros. The manufacturer of the famous black jacket continues to develop its directly...

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    Zalando partners with Topshop

    The German online fashion store has announced a partnership with the British retailer. In September, Zalando will launch an e-shop dedicated to Topshop and its men’s delineation Topman on...

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    Who are the most dynamic global retailers?

    The Americans were the most aggressive in seeking out new markets. According to a CBRE study, 23% of them set up shop in one of the study’s 163 cities in 2013. The Europeans, trailing...

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    Prada: weak growth in H1

    For the six-month period from February to July 2014, the Italian luxury group grew less than expected with a turnover of 1.75 billion euros, an increase of only 1%. Its forecast for 2014...