e-magazine N°379

http://ie.fashionmag.com/newsletters/1,1/newsletter-379.html   2012-08-09 Newsletter N°379 COS FASHION Esprit appoints Inditex executive as CEO, shares surge Struggling fashion house Esprit Holdings Ltd appointed an executive from rival Inditex as its new CEO on Tuesday, driving its shares 18 percent higher just two months after the resignations of its chairman and CEO had wiped nearly a third off its market value. EBay tests same-day delivery with big retailers EBay Inc is testing a same-day delivery service with big retailers including Target Corp, Best Buy Co and Toys "R" Us Inc, as the world's largest online marketplace steps up competition with rival Amazon.com Inc. A tale of two malls It's been the best of times and the worst of times for two shopping malls on opposite sides of London. Christian Dior - Autumn Winter 2012 - 2013 Haute Couture - See catwalk Maidenform forecasts profit below Street estimates Lingerie maker Maidenform Brands Inc forecast the current quarter and full-year earnings below Wall Street estimates as it expects continued weakness in Europe and in the United States. 'Modest' swimwear sheds its mothballs in US Modest bathing suits have shed their mothballs and come back in style in the United States, with a clientele spanning the religious, the curvy and the sun-sensitive. Fossil posts higher quarterly profit Fashion accessories maker Fossil Inc posted a higher quarterly profit on improved sales in its wholesale business. Ralph Lauren sees second-quarter revenue drop, shares skid Ralph Lauren Corp forecast lower revenue in the current quarter, hurt by reduced distribution through partners in China and the shutting of its American Living brand, overshadowing first-quarter growth. Warnaco 2nd-quarter profit beats estimates, narrows 2012 profit view Clothing company Warnaco Group Inc reported quarterly profit above Wall Street expectations on sales growth in Asia and Latin America, and narrowed its full-year profit forecast. Macy's posts higher profit, raises earnings forecast Macy's Inc reported a higher-than-expected second-quarter profit on Wednesday, helped by cost controls and strong sales in July, and the department store chain raised its full-year profit forecast. BHP in diamond talks with Harry Winston BHP Billiton, the world's biggest miner, is in talks with Harry Winston, the Canadian mining and retail group, about a sale of its diamond business, the Financial Times reported on Tuesday. Axa buys textile exporter Schustermann & Borenstein Axa Private Equity is to buy a majority stake in German clothing exporter Schustermann & Borenstein from its family owners, the companies said on Monday. G-III buys luxury swimwear brand Vilebrequin for about $106 million G-III Apparel Group Ltd said it acquired luxury swimwear brand Vilebrequin from private equity fund Fashion Fund I B.V. for 85.5 million euros ($106.19 million) and outlined plans to expand the brand internationally. Tumi shares soar on strong profit forecast Shares of Tumi Holdings Inc, which makes luxury baggage and travel goods, rose as much as 23 percent, after it raised its full-year expectations, prompting at least one brokerage to upgrade the company's stock. Pandora's profit falls less than feared Danish jewellery maker Pandora reported a smaller-than-forecast drop in operating profits and revenues for the second quarter as it implements a costly plan to replace poor selling stock with newer products. India reinvents 'ethnic chic' Jumpsuits inspired by sari drapes, urban dresses in tribal cloth and digitally printed lehenga skirts - young designers have re-embraced their Indian heritage at Mumbai's latest fashion week. Italian fashion writer Anna Piaggi dies aged 81 Italian fashion icon and style journalist Anna Piaggi, who wrote for Vogue Italia and inspired German designer Karl Lagerfeld, died in Milan on Thursday aged 81. Sophie Kokosalaki to leave Diesel The Greek designer, who has been creative director of Diesel's high-end womenswear line since 2009, is leaving the Italian group. Her last collection for Black Gold will be presented in New York in September. U.S. apparel retailer J. Crew expects to open its first flagship store in Hong Kong at the earliest by end of 2013, CEO Millard Drexler has said. Trade shows - Trade shows - 2012 Little Barcelona 07.2012 26 Pictures Meeting between Céline Buckens, a young Belgian student and fashion designer Christophe Josse Meeting between Ikué and Miyaki Iramuné, twins from Japan, and the house Valentino Pierre Rocca, professional make-up artist at MAC, reveals his working method to us 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