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03/07/2009 Newsletter N°79
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India: 100 day plan to straighten out textile industry
The Indian Ministry of Textiles specified details of a 100 day plan to help the textile industry including the launch of two new textile parks & financial support for workers.
Fashionistas take root in Berlin
Berlin is establishing itself as one of the top global catwalks in high fashion, and the global financial crisis seems not to be slowing it down.
Triumph cuts 3,616 jobs in Asia
Triumph is launching a large cost-reduction programme and as a result emotion is running high in Thailand and the Philippines, where more than 3,600 jobs have been cut.
John Galliano - Spring Summer 2010
Menswear - Paris - Watch catwalk



Viktor & Rolf name Birgit Adels as CEO
Just one year after coming under the wing on Renzo Rosso and his holding group OTB (Only The Brave), Viktor & Rolf have changed their CEO. The Dutch duo have entrusted management to Birgit Adels, formerly of EMI Music and Prada.
Polo Ralph Lauren extends deal to dress US Olympic teams
Fashion company Polo Ralph Lauren Corp has agreed to design and create outfits for the American team in the Olympic and Paralympic games in 2010 and 2012, extending a deal it entered into for the Beijing games last year.
Blogger Jane Aldridge for Urban Outfitters
The blogosphere is invading the world of fashion. Leading the way is Jane Aldridge, author of the “Sea of Shoes” blog, who has just created a collection of shoes for Urban Outfitters.



Pitti Uomo sees visitor numbers drop by 8%
From the 13th to the 16th of June, the Italian men’s fashion tradeshow Pitti Uomo welcomed at least 8% fewer visitors than the 20,565 seen in June 2008. According to the organizers this was an expected decrease, following on from two sets of record figures.



ASOS crowns a successful year
The UK’s “Aim Company of the Year”, ASOS plc, has crowned a successful year by winning the prestigious “Grand Prix for best overall investor relations” for Companies at the IR Magazine UK & Continental Europe Awards 2009.
Esprit shifts to selective distribution
The German ready-to-wear clothing and accessories group Esprit is getting ready to shift to selective distribution, which will affect activity in 27 European countries.
Aeon to open more discount stores
Japanese retailer Aeon Co Ltd plans to open more discount stores to target frugal consumers by pricing products 20% to 30% lower than other supermarkets.
Retail slump dents Seven & I's first quarter profit
Japan's largest retailer, Seven & I Holdings, reported a 17.5% drop in first-quarter profit as cost-cutting failed to offset sharp sales declines at its department stores and supermarkets.
Hong Kong retail sales slump 6.2 percent in May
Hong Kong retail sales slumped 6.2 percent year-on-year in May as consumers continued to stay away from luxury goods amid the economic downturn.



Bangladesh textiles unravelled by price war and protests
Bangladesh's main export earner has been rocked by the global economic downturn which has brought runaway growth to a juddering halt and this week prompted violent protests over wage cuts by tens of thousands of garment workers.



Escada CEO says bond swap will be close call
The Chief Executive of German luxury fashion house Escada said feedback for a crucial bond exchange to ensure the company's financial viability was mainly positive, but its success was uncertain.
Chopard sees 20% sales drop in 2009
Independent Swiss watch and jewellery maker Chopard expects sales to fall 20% in 2009 and is bracing for tough conditions for the next 18 months, its co-president was quoted as saying.
Silver miner Coeur D'Alene lowers debt level
Silver producer Coeur d'Alene Mines Corp said it lowered its convertible debt by 37 percent, or $150 million, in the first half of 2009.
Aquarius Platinum: Everest restart not a priority
Aquarius Platinum's Everest mine could be more than a year away from resuming production given weak markets and a planned acquisition, a spokesman for the world's fourth-biggest platinum producer said.



Lush cosmetics boutique in Paris hosts body-piercing shark protest
A Paris activist pierced her skin with giant fishhooks and hung herself from the ceiling of a boutique in a radical protest at the threat of extinction facing the world's sharks.



Emma Watson for Burberry
Harry Potter’s friend has one more trick up her sleeve, as can be seen in the new autumn-winter 2009/2010 campaign from Burberry with Emma Watson.



Facehunter : Antwerp Street Style
A man out and about in London, Paris and beyond : eye candy for the style hungry.



Catwalks by season - Spring Summer 2010 - Menswear - Paris

Paul Smith
157 Pictures
Petar Petrov
73 Pictures



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