UK: Own brands lift Debenhams H1 sales and profit (MEM)

Department store retailer Debenhams Plc managed to weather January snowstorms to post a 1.7% rise in first-half sales, and says it is optimistic first-half profit will also be higher than last year.

VIEWPOINT: Brands can make a fashionable return (MEM)

In the fickle world of fashion, brands fall in and out of style with alarming regularity. Driven by the relentless quest for what's new, different or improved, shoppers are erratic in their loyalties - and labels that fail to keep up are quick to fall off the fashion radar.

US: Carter's prices not deceiving, rules court (MEM)

An appeals court in the US has cleared children's wear retailer Carter's of accusations it used deceptive pricing, after two customers filed separate lawsuits.

• US: OpenGate Capital eyes Nicole Farhi profit (MEM)
  Private equity firm OpenGate Capital says hopes to turn in a profit at Nicole Farhi in its first year of ownership, after agreeing yesterday (15 March) to buy the fashion label in a GBP5m (US$7.5m) deal.
• UK: Sports Direct cleared for store purchases (REG)
  The UK's Competition Commission (CC) has formally cleared the acquisition by Sports Direct of 31 stores from rival JJB Sports plc (JJB) following an inquiry.
• US: DSW swings to fourth quarter profit (MEM)
  US footwear retailer DSW has swung to a fourth quarter profit on better sales during the period.
• CHINA: Ever-Glory profits despite tough environment (MEM)
  Chinese apparel company Ever-Glory International saw fiscal year profits improve, despite its sales being hit by the economic downturn during the period.
• US: Killick Datta to chair AAFA board of directors
  Killick Datta, chairman and chief executive officer of International Brand Partners LLC, has taken over the reins as chairman of the board of directors of the American Apparel & Footwear Association (AAFA).
• SPAIN: ITMA 2011 sharpens focus on garment making (REG)
  The organisers of the ITMA textile machinery trade show taking place next year are setting up a separate area dedicated to equipment for garment making and textile processing.
• US: Phillips-Van Heusen to buy Tommy Hilfiger in $3bn deal (MEM)
  US apparel firm Phillips-Van Heusen (PVH) today (15 March) revealed it is to buy fashion brand Tommy Hilfiger for $3bn, in a move that will create one of world's largest and most profitable clothing companies.

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• Fibres & fabrics
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• Retail
• Sourcing
• Technology

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• UK: Asda launches 100-day garment guarantee
• PAKISTAN: Customs authorities block cotton yarn shipments
• UK: Fabric firm Nylatex goes out of business
• Total forum discussions: 598 (view all)

Hilfiger buy a one-time opportunity
16th March 2010 16:28

Having had its plans to take Tommy Hilfiger public through an initial public offering scuppered because of the recession, the company's management is not surprisingly putting a bright face on the $3bn takeover deal agreed yesterday with Phillips-Van Heusen.

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• Latest announcement: Leading UK Sock Manufacturer Competes Globally with SyscomERP®
• Total announcements: 94(view all)
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• Interstoff Asia Essential
• Planet Textiles
• Première Vison Tokyo/Jitac

• Global market review of workwear – forecasts to 2016 (download)
  Published Feb 2010 - (£ 595.00)
• The Clothesource guide to apparel trade regulations 2011
  Published Mar 2010 - (£ 400.00)
• Denim Jeans
  Published Feb 2010 - (£ 2468.75)
• Maternity Apparel/Clothing
  Published Feb 2010 - (£ 2156.25)
• Clothing: Global Industry Overview
  Published Sep 2009 - (£ 462.50)

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