e-magazine N°383

http://zm.fashionmag.com/newsletters/1,1/newsletter-383.html   2012-08-29 Newsletter N°383 COS FASHION Qatar launches its own luxury brand Qela, the luxury clothing and accessories label that the Qatar Luxury Group is preparing to launch, should open its first boutique in Doha by the end of 2012. It will be followed in the long term by a series of global store openings, most notably in the US and France. PVH raises full-year profit outlook again Clothing maker PVH Corp raised its full-year profit outlook for the third time this year, after reporting a quarterly profit above Wall Street expectations as its Tommy Hilfiger brand remained popular with shoppers and its European business continued to grow. Hard times hurt Spanish retailer El Corte Ingles Economic crisis has hit Spain's venerable department store group El Corte Ingles hard, sending many of its once loyal customers to cheaper competitors and forcing it to do the previously unthinkable: slash prices and cut margins. Vivienne Westwood - Spring Summer 2013 Menswear - Milano - See catwalk Stella McCartney adds a more accessible line to her lingerie collection A new line of more affordable lingerie called Stella was launched this summer to complete the lingerie range of the British designer. Stella is a more everyday line that offers comfort and chic all at once. NY cotton rises as storm watch offsets weak fundamentals Cotton prices were higher on Monday recovering ground lost late last week as tropical storm Isaac headed towards Alabama and Mississippi, two important states in the U.S. cotton belt. The benchmark December cotton contract on ICE Futures U.S. rose 1. Tiffany expects pressure on profit to ease; shares up Tiffany & Co cut its sales and earnings forecasts on Monday for the second straight quarter, citing a tough global economy and muted expectations for the holiday season, but the prospect of improving profit margins later in the year comforted investors. L Capital Asia eyeing Indian design According to reports in the Indian press, the investment fund, owned by LVMH and the Groupe Arnault, is in negotiations with two Indian designers and a distributor specialized in designer brands to form a company. IMG adds Toronto to its stable of fashion weeks Toronto is being taken over by IMG Fashion, the world leader in the staging of fashion weeks. The event is to remain "locally relevant" whilst also growing internationally. Pierre Cardin outlines 255-metre Venice tower plan French designer Pierre Cardin outlined his plan on Monday for a 255-metre (837-foot) tower called the Palais Lumiere that he wants to build in an industrial port area on the famous Venice lagoon. Ralph Lauren picks outsider to be next CFO Ralph Lauren Corp on Monday named Procter & Gamble Co executive Christopher Peterson its new chief financial officer, effective Sept. 24, after Tracey Travis resigned in July to pursue other interests. Private equity investor Advent has reached an agreement with two big shareholders in Douglas and may present a takeover offer for the retailer as early as next week. 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