(Global Fashion Wire) - With the fiscal year ending just weeks ago Li & Fung (HKG:0494) (PINK:LFUGY) Research Centre have released their latest report documenting China's retail market growth over the last twelve months. It discusses the latest retail sales data and strategic analysis of the competitive landscape recognizing the growing sectors and the markets most recent developments at a national level.
(Global Fashion Wire) - Banana Republic, owned by specialty retailer Gap, Inc. (NYSE:GPS), will be launching a capsule collection of 'Mad Men' men and women's fashions during August this year, marking another year of collaboration with the iconic AMC show. The collection, consisting of 65 pieces will entail clothing and accessories such as; suits, dresses, ties, sweaters, hats, skirts, coats and blouses, all influenced by the 'Mad Men' series.
(Global Fashion Wire) - After more than ten years of implementation of its environmental and social efforts across its global brands, PPR (EPA:PP) (PINK:PPRUF) announced an ambitious and multi-tiered new sustainability initiative on Monday in Paris. By moving beyond the traditional Corporate Social Responsibility model, the group launched PPR HOME and is setting a new standard in sustainability and business practice in the Luxury, Sport & Lifestyle and Retail sectors.
(Global Fashion Wire) - Gazal Corporation Limited (ASX:GZL) today announced an after-tax profit for the half year ended 31st December, 2010 of A$6.5 million, an increase of 25% compared to the previous corresponding period. Pre-tax profit for the half year was A$9.5 million, an increase of 26% exceeding the guidance provided to the market in late October 2010 for pre-tax profit to be approximately between 10 to 20% above the corresponding period for the previous year.
(Global Fashion Wire) - The international fashion group HUGO BOSS (ETR:BOS3) has reached an agreement with its most important franchise partner in the United Kingdom Moss Bros (LON:MOSB) to acquire 15 monobrand stores and related assets. The transaction will take effect on April 1, 2011. The buyout includes the Regent Street store in the capital and the recently opened locations in London's New Bond Street and Manchester's New Cathedral Street.
Myer Holdings Limited (ASX:MYR) today announced that it will acquire a 65 percent stake in sass & bide ("sass & bide"), one of Australia's most respected and successful women's fashion brands, for A$42.25 million. Myer will have exclusive department store rights to distribute this iconic, designer brand, as well as benefiting from the expansion of both sass & bide's standalone store network, and its domestic and international wholesale businesses.
(Global Fashion Wire) - I.T Limited (HKG:0999), a well-established trendsetter in fashion retail market in the Greater China, is pleased to announce that the Group has reached agreements to acquire approximately 90.27% of the entire issued share capital of Japan's Nowhere Co., Ltd. ("Nowhere") for an aggregate consideration of JPY230 million (approximately HKD21.84million).
