Gianni Versace SpA
Some of the biggest names in fashion have been told by European Union (EU) industry commissioner Antonio Tajani that their design and craftsmanship would enable the sector to hold its own in an increasingly competitive global marketplace.
Luxury retail has been one of the sectors hardest hit by the global recession, as shoppers increasingly defer new purchases, spend less, or simply trade down to discounts on higher-end brands or fast fashion alternatives. However, amid signs the market is starting to stabilise, retailers are warned the post-recession luxury market will be far different from the one that came before.
Italian fashion house Versace Group today (29 October) confirmed to just-style that it is cutting 350 jobs – around a quarter of its worldwide workforce – as it struggles to cope with the slowdown in spending on luxury items.
Has Tommy Hilfiger’s recent cancellation of a $2bn flotation cast a shadow over other planned luxury listings? Not so, according to Ivan Castano Freeman, who says Italian fashion houses Prada and Ferragamo are putting a brave face on the credit crisis and will proceed with initial public offerings this summer.
Six of Italy's largest textile suppliers have reaffirmed their commitment to eliminating hazardous chemicals from their supply chains, highlighting the work they have completed to date.
The latest reports from just-style's research store include an in-depth look at specialist apparel and footwear retailers in Mexico, hosiery in France, and a profile of fashion giant H&M in the UK.
Private equity firm Blackstone Capital has taken a 20% stake in Italian fashion house Versace in a deal valuing the company at EUR1bn (US$823.31m).
Among the most-read stories on just-style this week were claims that hazardous chemicals have been found in luxury children's clothing and footwear, calls by Cambodian labour unions for a mid-March strike, and a comment on new initiatives aimed at making it easier for factories to compete while improving wages and working conditions.
Hazardous chemicals have been found in children's clothing and footwear produced by luxury fashion brands Versace, Louis Vuitton and Dolce & Gabbana, according to a new investigation.
Three private equity firms are understood to be vying for a minority stake in Italian fashion house Versace.
French apparel and luxury group PPR has acquired a 51% stake in designer brand Christopher Kane in order to help develop the business.
Italian fashion house Gianni Versace Spa has revealed that Jonathan Anderson will design a capsule collection for its diffusion line Versus.
Italian fashion house Gianni Versace Spa is overhauling its Versus diffusion line, in a move that will see it part company with creative director Christopher Kane and work instead with a pool of young designers.
Swedish fashion retailer H&M Hennes & Mauritz is teaming up with experimental French fashion house Maison Martin Margiela to launch its latest clothing collection.
Italian fashion house Versace may look for outside investors and could consider an initial public offering to fund growth, according to reports.
The chairman of Hong Kong based fashion retailer Ports Design has been forced to resign after the company failed to disclose a number of interest-free advances.
Fashion retailer H&M today (30 November) revealed plans to collaborate with Italian brand Marni on a collection for the high street brand.
Italian fashion house Giorgio Armani SpA is joining Gucci and Versace in banning sandblasting from its clothing supply chain after a sustained campaign by activists.
Italian fashion house Dolce & Gabbana has deleted comments made on its Facebook page by nearly 30,000 activists calling on the company to ban the process of sandblasting, which gives jeans a used look but is highly dangerous to workers.
Swedish fashion giant H&M Hennes & Mauritz AB is teaming up with soccer star David Beckham to sell his new range of underwear in its stores around the world.
Italian fashion house Gianni Versace is to ban its clothing suppliers from using sandblasting, a technique used to give jeans a used look which is highly dangerous to workers, after a sustained campaign by activists on the company's Facebook page.
Apparel retail giant H&M’s latest high-profile design collaboration is with Versace, including a reinterpretation of the house’s style by creative director Donatella Versace.
Upscale denim brand 7 For All Mankind has named industry veteran Barry Miguel, the former CEO of CEO of New York City based Tracy Reese, as its new president.
Men's clothing company Fujian Septwolves Industry Co Ltd has bought luxury goods retailer Hangzhou Kenna Clothing Co for CNY70m (US$10.7m).
Department store retailer Macy's today (15 February) launches its first designer collaboration with London-based Kinder Aggugini, who has worked with fashion icons and design houses including John Galliano, Vivienne Westwood, Paul Smith, Calvin Klein, Costume National and Versace.
Dubai-based fashion business Paris Group is poised to become the new owner of Maison Gianfranco Ferré after its offer was accepted by the government commissioners running the business.
Department store retailer Macy’s is jumping on the designer collaboration bandwagon with a series of limited-edition women’s apparel lines launching next February.
UK and US authorities have unveiled what is believed to be one of the biggest seizures of counterfeit apparel in British history.
Swiss shoe brand Bally International AG has parted company with its artistic director Brian Atwood.
As safety inspections on more than 1,500 Bangladeshi garment factories supplying a group of mainly European retailers got underway last week, just-style spoke with Brad Loewen, the top safety official overseeing the effort.
Apparel & Non-Apparel Manufacturing in Italy
Apparel & Non-Apparel Manufacturing in Italy industry profile provides top-line qualitative and quantitative summary information including: market size (value 2009-13, and forecast to 2018). The profi...
Global Footwear Market 2015-2019
Technavios market research analyst predicts the footwear market to reach a market value of around USD 216 billion by the end of 2019....
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