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US: Tom Ford to open more than 100 luxury stores | 11 Jun 07

Luxury goods brand Tom Ford International intends to launch more than 100 freestanding retail stores over the next 10 years as part of a worldwide expansion plan.

Clothing firms cash in on the United Arab Emirates | 1 Jun 07

The clothing market in the United Arab Emirates (UAE) is experiencing stellar growth on the back of rising consumer spending, a surge in tourists, and 145% growth in retail space as new malls and shopping centres spring up. Paul Cochrane reports from Dubai.

UK: Ex-Adidas designer to create fashion range for Tchibo | 1 Jun 07

High street retailer Tchibo has signed Michael Michalsky, formerly global creative director for Adidas, to create a new fashion collection called Mitch & Co.

THE NETHERLANDS: Bonnin named CEO of Sergio Rossi | 30 May 07

An executive shuffle within PPR's Gucci Group of luxury goods brands has led to the appointment of Didier Bonnin as CEO of Sergio Rossi, succeeding Isabelle Guichot who has become the new CEO of Balenciaga.

US: Brioni rated top men's fashion brand in luxury survey | 24 May 07

Brioni has rated the most prestigious luxury men's fashion brand in a new survey carried out among wealthy consumers.

Japan heads for new boom in luxury brands | 23 May 07

The return of the GBP20,000 cocktail – it has diamonds instead of ice – and the GBP60 hamburger to Tokyo, heralds for some a return of the heady days of a very rich Japan and ostentatious consumption once more. It also may mean even greater times for the world’s leading fashion brands says Michael Fitzpatrick.

AUSTRALIA: Coles Q3 sales flat as bid deadline draws near | 17 May 07

Coles Group, Australia’s second biggest retailer, has reported a marginal uptick in third quarter sales as it counts down to the deadline for final bids for its business next month.

FRANCE: PPR makes Puma buyout bid official | 14 May 07

Luxury goods group PPR has officially tabled a friendly voluntary takeover offer for the remaining 72.9% of German sportswear firm Puma AG that it does not already own.

FRANCE: Gucci reshuffles roles as Balenciaga CEO quits | 10 May 07

Gucci Group has reshuffled two executive positions following the resignation of James McArthur, its executive vice president and director of strategy and acquisitions who also oversaw the fashion house Balenciaga.

BELGIUM: Commission's PPR-Puma inquiry deadline in sight | 10 May 07

Luxury goods firm PPR could take a step closer to buying sportswear group Puma next month if the European Commission clears its EUR5.3bn (US$7.17bn) acquisition.

UK: Crowds at Topshop for Kate Moss collection | 30 Apr 07

Topshop customers will be asked to form an orderly queue for one of the summer’s most eagerly-awaited high street clothing collections – designed by headline supermodel Kate Moss.

FRANCE: Strong Gucci sales push PPR Q1 revenues up 5.6% | 27 Apr 07

Luxury fashion group PPR, which this month set out to buy German sportswear brand Puma, has reported a 5.6% rise in first quarter sales helped by strong growth in its Gucci brand.

SWEDEN: Kylie Minogue makes a splash in H&M beachwear | 23 Apr 07

The Australian pop singer Kylie Minogue is the inspiration for a new limited swimwear line being launched by Swedish fashion retailer Hennes & Mauritz next month.

CHINA: Eight brand names banned from Shanghai market | 20 Apr 07

Shanghai’s counterfeit watchdog has banned the sale of eight brands at local fashion markets in further efforts to stamp out the sale of fake goods in China.

Mexico slow to move from US supplier to global player | 18 Apr 07

Mexico relinquished its position as the leading apparel exporter to the US in 2002 – and last year its share of the US market was a meagre 7.4% compared with China’s 25.9%. But while Mexico is no longer a cheap production base, it can still benefit from its proximity to the US and a large domestic market keen for luxury labels. By Jozef De Coster.

ITALY: Ermenegildo Zegna 2006 net up 20% | 17 Apr 07

Full-year profit at Italian luxury men’s wear firm Ermenegildo Zegna Group on Tuesady (17 April) said profits in 2006 rose 20% and that it is expecting a “promising” 2007.

UK: Jimmy Choo names Joshua Schulman as CEO | 16 Apr 07

Luxury shoe brand Jimmy Choo has named former Kenneth Cole executive Joshua Schulman as its new chief executive.

ANALYSIS: What does PPR’s proposed bid mean for Puma? | 13 Apr 07

The global sportswear market is poised for a shake-up if the proposed acquisition of Puma, the world’s third-largest sportswear brand, by French luxury fashion retailer PPR goes ahead. The question for many, though, is where will Puma go from here? By Leonie Barrie.

US: Tom Ford opens first stand-alone store in New York | 12 Apr 07

Tom Ford, the former creative director at Gucci, is today opening his first stand-alone men’s wear store in New York.

UK: Puma price prospers from PPR pledge | 11 Apr 07

German sportswear maker Puma could reportedly attract rival bidders by welcoming the EUR5.3bn (US$7.12bn) offer put on the menu by French luxury goods group PPR.

FRANCE: PPR pounces on Puma for EUR5.3bn | 10 Apr 07

Luxury goods retailer PPR has acquired a controlling stake in Puma and announced the launch of a friendly takeover offer for the sportswear group.





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