Sports Direct to issue trading update
Sports Direct founder Mike Ashley will find out this week if his City charm offensive has worked when the embattled retailer briefs the market with its latest trading update on Thursday. Mr Ashley was pilloried last year as shares in the company collapsed from their 2006 float price of 300p to 84.25p in December, amid…
Tate vs Puma
Tate Britain’s latest exhibition, Work No. 850, features a person running as fast as they can every thirty seconds through the gallery, followed by an equal pause. To look the part, each runner is dressed in Puma, the clothes enhancing the image of the exhibition which celebrates the physicality of the human spirit. “I wanted…
YSL art to be auctioned
Christie’s is to hold an auction of Yves Saint Laurent and Pierre Bergé’s extensive art collection in Paris. The sale will be held in early 2009 in association with Bergé’s own Paris auction house, Pierre Bergé & Associates, reports Womenswear Daily. Works of art by Goya, Mondrian, Matisse and Léger are expected to be sold…
July marks further decline in shop visitors
Figures released today from the Retail Traffic Index (RTI), the national metric measuring the number of shoppers visiting retail stores, from analyst SPSL, show that numbers fell by 2.0% in July against the same month of 2007, but rose by 8.1% against a very lacklustre June. SPSL’s retail psychologist, Dr Tim Denison explains; “The latest…
Custo and Desigual in legal war
Desigual has responded to the plagiarism lawsuit that the Catalan designer Custo Dalmau has filed against them. The fashion company will take “all the necessary legal measurements” to what Custo considers false accusations against its company. In a press release, Desigual has “denied all accusations by Custo Dalmau” and gives no comment on the topic.…
Role model Victoria Beckham
Last year David Beckham caused quite a stir whilst fronting Emporio Armani’s underwear campaign. Fashion designer Giorgio Armani announced that his fashionable wife Victoria Beckham is to join him for the new worldwide testimonial for Emporio Armani Women’s Underwear. Victoria Beckham, ex Spice Girl and mother of three, will debut in the SS09 advertising campaign…
Peaches Geldof for PPQ
Luxurious dresses, leotard separates, gothic lace polo necks and killer hot pants suits are a few examples of the new capsule range by PPQ. The British clothing label founded in 1992 by Amy Molyneaux and Percy Parker, announced their premier collection in collaboration with Peaches Geldof. Available from the end of October at Selfridges, the…
Austin Reed buys Viyella
The clothing retailer Austin Reed has agreed to buy womenswear company Viyella from its administrators, safeguarding about 230 jobs. Viyella had about 450 employees when it went into administration on 7 January. Since then, several stores have closed, including its concessions in the department store House of Fraser. “There are good synergies between the two…
United Nations of Bread&Butter
The upcoming BREAD & BUTTER is all about internationality! In January, BREAD & BUTTER, the internationally leading trade show in the segments of Denim, Sportswear, Street Fashion, Function Wear and Casual Dressed Up, welcomes around 800 of the leading brands, collections, as well as fabrics and accessory producers on an almost unchanged exhibition area compared…
Raiders target Harvey Nichols
Harvey Nichols this week was the victim of a gem raid at its Knightsbridge store. A gang of raiders used sledgehammers to smash through the glass doors, stealing tens of thousands of pounds of precious and semi-precious jewellery. The raiders are thought to be part of a group of 50 individuals, mainly teenagers, who have…