e-magazine N°380

http://ie.fashionmag.com/newsletters/1,1/newsletter-380.html   2012-08-14 Newsletter N°380 COS FASHION Faster, higher, stronger: luxury pricing goes for gold If, like French fashion house Balmain, you can sell a ripped cotton tee-shirt for more than 1,000 euros, you might wonder if there's any price your well-heeled customers won't pay. J.C. Penney sales slide, CEO vows to "stay the course" J.C. Penney Co Inc on Friday reported a deeper-than-expected drop in quarterly sales, leading to a big loss, in the department store chain's second straight quarter of severe sales declines since changing its pricing strategy. TPG, Apax among bidders for Nike's Cole Haan unit Private equity firms TPG Capital Management and Apax Partners are among several parties in the running to buy Nike's leather handbag and shoe maker Cole Haan, according to three people familiar with the matter. Giambattista Valli - Autumn Winter 2012 - 2013 Haute Couture - See catwalk Sneaker start-up shows perils of S.African small business Johannesburg hipster Sifiso Dlamini turned his passion for sneakers into a small business, but like many South African entrepreneurs, he's battling to find financing to expand. Olympics: Fashion wins few medals in London Designer Giorgio Armani predicted that the London Olympics would be the most stylish ever, but fashion experts say there has been as much bad taste as elegance on display. Profit slips at global supply chain manager Li & Fung Supply chain manager Li & Fung Ltd, whose global distribution and trading centres make it a useful barometer of consumer sentiment, said half-year core operating profit fell by more than a fifth due to a slower-than-expected turnaround of its U.S operations and weak demand in Europe. Dillard's profit up 76 percent as sales rise Department store chain Dillard's Inc on Wednesday reported a higher quarterly profit, helped by strong gains in same-store sales and cost savings. Fashion store chain Esprit pins hopes on new CEO Fashion retailer Esprit, which recently said it had "lost its soul" as it lost customers to rivals such as H&M and Zara, has hired a former Zara manager to turn its fortunes around. Alibaba Group's Jan-March net profit soars Alibaba Group, China's largest e-commerce company, posted a 64 percent rise in revenue in the January-March quarter and a six-fold rise in net profit, cementing its position as a key beneficiary of China's e-commerce explosion. Nordstrom raises forecasts, speeds up Rack buildout Upscale department store chain Nordstrom Inc on Thursday raised its profit and sales outlook for the year, helped by sales at its popular lower-priced Rack chain which it plans expand dramatically in the next four years. Kohl's expects rising sales in back-to-school quarter Kohl's Corp reported a better-than-expected second-quarter profit on Thursday despite weak sales as the retailer reined in its costs and forecast business would improve during the back-to-school quarter. Booking retail profits on back to school With the lazy days of summer vacation dwindling, investors are starting to take a closer look at which U.S. retailers could pull ahead in the back-to-school shopping season. French Connection issues profit warning, sees tough second half French Connection Group Plc said operating profit would be lower by 7 million pounds ($10.96 million) during the first half and said it was very cautious about its outlook for retail revenue in the second half. French capital to lose Paris Hilton The US socialite will be the only Paris Hilton left after the hotel chain lost the right to manage its sole establishment in the centre of the French capital under a court ruling seen by AFP Monday. Shoemaker Tod's H1 net up 13.7 percent on Asia, U.S. Italian luxury shoemaker Tod's said on Wednesday its net profit in the first half rose 13.7 percent boosted by ongoing strong sales in Asian and U.S. markets. Inter Parfums maintains FY view, outlines plans for 2013 Perfume maker Inter Parfums Inc, which will lose its Burberry license at the end of the year, maintained its full-year forecast and outlined plans to revamp its business in 2013. Elizabeth Arden sees 2013 profit above estimates Beauty products maker Elizabeth Arden Inc on Thursday forecast 2013 profit above estimates on stronger sales due to a larger portfolio of fragrance brands. Vogue breaks own record with 916-page September issue The US edition of fashion magazine Vogue said Thursday its upcoming September issue will be its biggest ever, surpassing the previous record-setter made famous in a documentary film. WGSN's Global Fashion Awards come to London The Savoy in London will welcome fashion and retail's elite on November 5th for the third annual Global Fashion Awards from WGSN. Topshop's MD, Mary Homer, designer and writer Daisy de Villeneuve, and Sarah Curran, CEO of etailer my-wardrobe.com are on this year's jury. U.S. fashion retailer Forever 21 said the global economic slowdown would not hamper its expansion in China, where it plans to open more outlets. Catwalks by season - Spring Summer 2013 - Womenswear - Hong Kong Eco Chic Design Award 27 Pictures Catwalks by season - Spring Summer 2013 - Womenswear - Buenos Aires 12 NA 21 Pictures Allo Martinez 20 Pictures Amores Trash Couture 20 Pictures Benedit Bis 19 Pictures Chocolate 20 Pictures Dam 20 Pictures Desiderata 22 Pictures Emilse Benitez 20 Pictures Evangelina Bomparola 20 Pictures Fabian Zitta 20 Pictures Garza Lobos 20 Pictures Grupo 134 20 Pictures Juana Arco 23 Pictures Las Pepas 16 Pictures Levi's 15 Pictures Lumina 11 Pictures Lupe 20 Pictures Mapa Diseño 20 Pictures Marcelo Giacobbe 20 Pictures Mariana Dappiano 20 Pictures Muaa 20 Pictures Ona Saez 20 Pictures Quier 20 Pictures Santa Textiles 24 Pictures Seco 20 Pictures Semillero Uba 20 Pictures Shang Viton 23 Pictures Troyer 20 Pictures Uma 20 Pictures Vero Ivaldi 20 Pictures Visentini 10 Pictures Vitamina 20 Pictures Wanama 22 Pictures Meeting between the young Vietnamese Lan Vy Tran and designer Jan Taminiau For the first time, the Debutante Ball has called upon a stylist, Anna-Karin Nilsson 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. 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