Market research company TNS says that China will account for one-quarter of world demand for luxury goods by 2016. With China already taking approximately 12% of world output of luxury goods at the end of 2006, this would amount to a doubling of its share over a decade. Jim Sailor, Managing Director of TNS China, […]
Read MoreUS jeweller Tiffany’s & Co presented its results for 2006, with net sales up 11 percent to $2.65 billion (£1.35 billion). The company attributed the increase to growth in the US and international markets, except Japan , where sales continued to be weak. Operational profits for the year rose 9 percent, while net earnings experienced […]
Read MoreThe decision by Nike and Adidas to hold back certain ranges from discount retailers is putting pressure on those retailers to improve their presentation. The sporting goods giants fear that poor presentation of their brands in discount stores is diminishing the value of their brand. Discount sporting goods retailers like Sports World will suffer the […]
Read MoreWallpaper* magazine founder Tyler Brûlé is launching a new publication called Monocle. Wallpaper*, the iconic global style guide, paved the way for today’s abundant lifestyle magazines and quickly asserted itself as one the most influential magazines of its time in the nineties, inspiring directional publications such as Another Magazine, Pop, and Wonderland to diversify and […]
Read MoreUK sportswear retailer Sports Direct International has increased its takeover offer for US boxing equipment firm Everlast to $182.3m (£90.7m). Sports Direct’s increased all-cash bid comes after the rival bidder for Everlast , US investment fund Hidary, increased its own offer at the weekend. Hidary on Saturday lifted its all-stock bid to $31.25-per-share from $26.50. […]
Read MoreKate Moss has landed herself another iconic cover on this month’s i-D magazine. The fashion-forward publication has featured the supermodel in an edgy shoot wearing not much more than a platinum blond wig, stilettos, black stockings and chiffon top, all party of her Topshop collection. Moss joins a list of high profile stars to appear […]
Read MoreMel B, aka Scary Spice, has been revealed as the latest face of Ultimo lingerie. Posing in a daring photoshoot above the LA skyline, the 32-year-old sparkles dressed in nothing but the company’s latest line of sexy two-pieces. The singer follows in the footsteps of supermodels Helena Christensen, Rachel Hunter and Penny Lancaster. Her honed physique, […]
Read MoreAdidas will be launching a new line in February 2009 called Adidas SLVR. The concept behind the lifestyle-focused brand will concentrate on “reducing complexity and enhancing creative solutions in the design and production process” reported WGSN. The range will feature a T-shirt cut and stitched once and a shoe that reduces the traditional 25-piece, glued […]
Read MoreWatch out for Elle Magazine’s website in the upcoming weeks. The fashion publication teamed up with the White Ribbon Alliance for Safe Motherhood with two unique auctions showcased in its December issue. In the first auction, 30 new-season handbags, donated by top designers, will be auctioned online through the Elle website to raise funds for […]
Read MoreDonatella Versace chairman of Fashion Fringe’s judging panel announced Go By a Secret Path (Eun Jeong), LF Markey, Sarah Easom and William Tempest as the 2008 finalists. The four will now go on to prepare a full collection to showcase during London Fashion Week as a collective show in September, when one overall winner will […]
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