http://uk.fashionmag.com/newsletters/1,1/newsletter-982.html
2013-03-08
Newsletter N°982
PPR
close to buying jeweler
Pomellato
PPR is close to snapping up Milanese jeweler Pomellato in a deal that would allow the French luxury group to expand in a sector in which it has a small presence, sources have said.
Adidas
results hit by
Reebok
writedown
Adidas, the world's second largest sports apparel firm, reported an unexpected loss in the fourth quarter, with results hit by writedowns linked to the weak performance of Reebok.
New Look
ready to open own stores in
China
With Asia specialist Anders Kristiansen as its new CEO, the British retailer now has the in-house expertise needed to take on China. The first of its stores could open in spring 2014.
Issey Miyake - Fall-Winter
2013 - womenswear - Paris -
See catwalk
Sycamore Partners to acquire
Hot Topic
for $600 million
Teen apparel retailer Hot Topic Inc said it will be bought by private equity firm Sycamore Partners for about $600 million.
TheMicam
attracts even less visitors this edition
The Milan footwear tradeshow recorded a decrease in visitors in comparison to last year, with 35,389 attendees in total. International buyer presence, however, was on the up.
Qatar
Investment Authority raises stake in
Tiffany
Qatar
's sovereign wealth fund, the largest shareholder of
Tiffany & Co
, further raised its stake in the U.S. luxury jeweler to 11.27 percent, according to a regulatory filing.
Ben Sherman
: half a century of British fashion
In celebration of its 50 year anniversary, Ben Sherman has published a book retracing its history, following different sub-cultures of British men's fashion.
Marc Jacobs
and
Masha Ma
wrap up
Paris fashion week
Paris fashion week wrapped up on Wednesday with the unashamed "decadent glamour" of Marc Jacobs' Louis Vuitton show contrasting with Chinese designer Masha Ma's "ascetic" femininity.
TJX
Cos
Inc, whose
Marshalls
and
T.J. Maxx
stores have drawn shoppers looking for designer brands at big discounts, reported a better-than-expected 1 percent gain for the month of Februar
Adidas
AG
has dropped the plan to sell its hockey business as potential buyers did not make offers interesting enough for the German sports apparel company, said Chief Executive
Herbert Hainer
.
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