e-magazine N°376

http://zm.fashionmag.com/newsletters/1,1/newsletter-376.html   2012-08-02 Newsletter N°376 COS FASHION Chinese fashion giant Bosideng sets up shop in London Chinese brand Bosideng opened its first European store in London on 26th July. With more than 10,000 stores in its home country, Bosideng is launching its made in Europe menswear line in London in an effort to seduce the European market. Next defies retail gloom Britain's second-biggest clothing retailer, beat its target for first-half sales growth, helped by a particularly robust performance from its Directory home shopping business as the wet summer weather encouraged shoppers to go online. Hugo Boss says Asia sales growth slows German fashion house Hugo Boss said sales slowed in Asia in the second quarter of the year, although it maintained its outlook for a record year as sales in Europe surged, helped by tourist shoppers. Giorgio Armani Privé - Autumn Winter 2012 - 2013 Haute Couture - See catwalk Italy "no-sweat" shoemaker Geox sees lower 2012 on Europe woes Italy's shoemaker Geox is expecting sales to further decline this year after an economic downturn in Europe weighed on its first-half earnings. True Religion lowers forecast as women's segment disappoints True Religion Apparel Inc reported lower-than-expected quarterly sales as women shoppers bought less of its spring and summer merchandise, prompting the premium denim maker to lower its full-year profit outlook. Big 5 Sporting's second-quarter profit beats Street estimates Big 5 Sporting Goods Corp's quarterly profit beat Wall Street estimates, aided by strong sales of its apparel and footwear products. Metro AG says picking up speed in tough Europe Cost-cutting helped Metro eke out a 2 percent rise in second-quarter profit, while the world's No.4 retailer said there were signs its drive to lower prices and invest in services was encouraging cash-strapped Europeans to spend. Country Road buys Witchery Group for $181 million Australian clothing retailer Country Road, a unit of South Africa's Woolworths, will buy local rival Witchery Group in a $181 million deal that broadens its offering in upscale apparel. Louis Vuitton opens its biggest Chinese flagship store in Shanghai The sixteenth Louis Vuitton Maison opened on Saturday, 21st July, at the Plaza 66 centre in Shanghai alongside a large exhibition on the theme of travel. For the opening, VIPs from China and all over the world were invited to a repeat of the runway show that was held in Paris in March of this year. Coach hurt by soft sales in North America Upscale leather goods maker Coach Inc reported another quarter of slowing growth in North America, its top market, hurt by the deals it needed to offer price-conscious shoppers to get them into its outlet stores. Paris Ritz closes for 140 million euro face-lift The Paris Ritz closes Wednesday for a two-year face-lift to bring the city's best known luxury hotel into the 21st century and keep its mega-rich clientele coming back in an ever more competitive market. Avon trying to settle bribery probe as profit plunges Avon Products Inc said it is in talks to settle a U.S. bribery probe even as it also posted a 70 percent plunge in second-quarter profit and its stock fell 1.5 percent. The designers on holiday with Alber Elbaz The designers on holiday with Inès de la Fressange The designers on holiday with Karl Lagerfeld The designers on holiday with Bruno Frisoni The designers on holiday with Jean-Paul Gaultier Louis Vuitton inaugurates its largest Maison in Shanghai Candidate Area Post your CV Activate e-mail alerts My personal information FAQ - Candidates Company Area Post jobs for FREE Our rates To unsubscribe from our newsletter, click on : unsubscribe - To contact a FashionMag representative or to send us your press release, click here - To advertise in FashionMag, click on Advertise - To sign up a friend, click on Subscribe a friend - ©FashionMag.com 2012 All media publication by FashionMag.com and/or its partners. All rights reserved