e-magazine N°381

http://ie.fashionmag.com/newsletters/1,1/newsletter-381.html   2012-08-27 Newsletter N°381 COS FASHION Facing profits squeeze, luxury designers forsake Argentina Weary of high tariffs and currency restrictions that have dented their profits in Argentina, purveyors of luxury goods are abandoning this once lucrative market -- a blow to a country which prides itself on its European-style flair. China's Li Ning shares slide after it flags full-year loss Au terme de son premier semestre 2012, clos fin juin, le géant chinois du sport annonce se concentrer sur son marché intérieur et sur ses sports majeurs. Le groupe enregistre un recul de près de 10% de ses ventes et de plus de 58% de son résultat opérationnel. Wet Seal shares plunge on concerns over prolonged turnaround Shares of Wet Seal Inc fell as much as 14 percent after the women's apparel retailer forecast a weak third quarter, saying benefits from its turnaround efforts would only begin to materialize in the fourth quarter. Ruffian - Autumn Winter 2012 - 2013 Womenswear - New York - See catwalk SuperGroup co-founder quits business SuperGroup, owner of the Superdry fashion brand, was dealt another blow on Tuesday when the co-founder of the business, Theo Karpathios, abruptly quit "to take on new challenges". China approves Wal-Mart control of online supermarket China said Tuesday it has approved a plan by Wal-Mart Stores Inc. to gain control of a local online supermarket, but imposed conditions on the deal over concerns it could hinder competition. China blamed for fake goods seized in Italy Italy's police said Saturday they have seized so far this year 52 million counterfeit items, including train tickets, smartphones, condoms and detergents, with much of them coming from China. Michael Kors 1st-qtr profit rises, raises forecast Apparel company Michael Kors Holdings Ltd reported higher-than-expected quarterly profit, helped by rising sales at its own stores and the roll-out of its boutiques at department stores, and raised its full-year profit forecast. S. Korea's 'Chanel' bar goes out of vogue A small South Korean bar has been ordered to pay damages to France-based fashion house Chanel for using its name, a court spokesman said Tuesday. Disgraced Galliano stripped of France's top honour Disgraced British designer John Galliano has been stripped of the Legion d'Honneur, the top French medal he was awarded in 2009 for services to haute couture. Greta Garbo's belongings to hit the auction block Hundreds of items belonging to Greta Garbo, including designer clothing, will be auctioned off in December, Julien's Auctions announced Wednesday.The legendary actress's "personal collection. An out-of-work fashion designer fatally shot a former co-worker near the Empire State Building on Friday and was then killed in a blaze of gunshots by police. Hip games Men's suits become feminized Orange puts on a show All access to gloves, the belt and clutch bag Meet with Maud Lescroart - Marketing director of the house Sophie Hallette Meet with Philippe Atienza - Director of the house Massaro Meet with Hubert Barrère - Artistic Director at Lesage Meet with Patrick Goossens - Goldsmith and Jeweller at Goossens Meet with Véronique Philipponnat - Editor in chief of ELLE magazine Meet with Gérard Uféras - Photographer Meet with Jean-François Soler : Press agent and founder of the agency Station Service Meet with Olivier Mulin - Fashion stylist in the press and for major brands 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