Tuesday, 24 July 2012

e-magazine N°839

http://us.fashionmag.com/newsletters/1,1/newsletter-839.html
 
2012-07-25 Newsletter N°839
COS FASHION
J.C. Penney raises cash, unveils new shops
J.C. Penney Co Inc said it raised $248 million by selling part of its stake in a Simon Property Group Inc unit, the first step toward its goal of shedding non-core assets.
Wet Seal says in talks with Clinton Group
Women's apparel retailer Wet Seal Inc said it is in discussions with Clinton Group after the major shareholder called for a sale of the company.
Brand wars gather pace on streets of London
Olympic organisers have enforced strict rules to protect official trademarks, deploying about 250 uniformed "brand police" on the streets of the capital to ensure businesses do not piggyback off the world's biggest sporting event.
Giambattista Valli - Autumn Winter 2012 - 2013
Haute Couture - See catwalk


Wolford sales up but profits decline
Thanks to a stronger second half, Wolford concludes its fiscal year 2011/2012 (ending 30 April) with a small 1.3% increase in sales. Given today's economic situation, the Austrian brand is satisfied with the result, despite the fact that profits actually declined.



Under Armour profit beats estimates on higher footwear sales
Apparel maker Under Armour Inc reported a better-than-expected profit as demand rose across its footwear category, and raised its full-year sales forecast.
TPG makes fresh $712 million bid for Australia's Billabong
Private equity firm TPG Capital has made a fresh takeover bid for Australian surfwear company Billabong International worth A$694 million ($712 million), Billabong said, just five months after a higher offer was knocked back.
Adidas sees benefits from healthier lifestyles
A new generation of gym-loving pensioners and efforts to combat obesity should help to underpin the sportswear industry in coming years, Adidas CEO Herbert Hainer said on Monday.



Unibail malls prosper despite euro zone turmoil
Unibail-Rodamco, Europe's biggest real-estate investment trust (REIT), said on Monday it was on track to meet its full-year targets after its big shopping centres grew revenue and profits in the face of euro zone jitters.
Simon Property's second quarter earnings jumps, raises forecast
Simon Property Group Inc , the largest U.S. owner of malls and outlet centers, reported second-quarter funds from operations (FFO) rose more than 18 percent, easily beating estimates, and raised its outlook and dividend.



Swatch sales soar despite weaker China luxury demand
Booming demand for mid-priced watches in China is more than offsetting a slight cooling at the top end of that market, world No. 1 watchmaker Swatch Group said on Tuesday as it stuck to a forecast for record annual sales.



Superdry to launch cosmetics line for Christmas
SuperGroup looks to be placing all bets on product diversification. The British brand Superdry, which already carries sunglasses and fragrances, is now scoping out a cosmetics line launch for the holiday season.
'Noses' hone senses at Paris perfume school
Bent over strips of blotting paper, senses primed and notebooks in hand: this is how generations of "noses" have honed their art at the world-famous Givaudan perfumery school near Paris.



Mr. Porter makes Pierre Sarkozy its muse
For the second time, the son of the former head of state tries his hand at modeling. This time for the e-commerce site, Mr. Porter, which has published the fashion editorial for a few days now.



Issa London gets a new CEO
British ready-to-wear label Issa will welcome on 1st August its new CEO – Angelina Ypma, until now Managing Director of Bulgari for the UK and Ireland – marking the first significant change since Issa was bought by Camilla Al-Fayed a year ago.



Following Bread&Butter's rescheduling of dates, Premium tradeshow for selected brands in Berlin has announced that it will too host the event one day earlier starting January, 15 – 17, 2013.



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