Redcats Group

Apparel and textile industry company news

Subscribe via RSSWhat is RSS?

Latest Articles

Spotlight on...Indian apparel exporters discuss policy changes Raghavendra Verma | 18 Jul 14

Indian apparel exporters have demanded a series of favourable policy decisions from the new Bharatiya Janata Party (BJP)-led government while welcoming foreign buyers at the 53rd India International Garment Fair, held in New Delhi this week.

FRANCE: Kering closes La Redoute sale Michelle Russell | 3 Jun 14

Luxury goods group Kering has closed the sale of La Redoute and its delivery arm Relais-Colis.

FRANCE: 1,350 jobs to go at La Redoute Stuart Todd | 9 Jan 14

The future owners of Kering's mail order unit La Redoute have announced that a total of 1,350 jobs are be axed over a four-year period as part of a strategy to return the company to growth in 2016.

FRANCE: Kering in talks to sell La Redoute Katie Smith | 5 Dec 13

French luxury goods group Kering, formerly PPR, has entered into exclusive negotiations to sell La Redoute to the mail order unit's existing CEO Nathalie Balla and Eric Courteille, chief administrative officer of parent company Redcats.

FRANCE: Kering invests in Tomas Maier brand Katie Smith | 19 Nov 13

Kering (formerly PPR) is stepping up investment in its luxury portfolio by entering into a joint venture with Tomas Maier to develop the US-based brand.

FRANCE: Kering in full-year profit warning Katie Smith | 14 Nov 13

Kering has warned its full-year profit will be down "significantly" on the prior year, hurt by one-off charges at Puma and the disposal of its mail order business, La Redoute.

FRANCE: Kering forecasts job cuts at La Redoute Katie Smith | 31 Oct 13

French luxury goods group Kering has said it expects the restructuring and sale of its La Redoute mail order business will have a "significant" impact on jobs.

FRANCE: Kering silent on La Redoute disposal Katie Smith | 22 Oct 13

French luxury group Kering (formerly PPR) has refused to be drawn on reports that it is looking to invest at least EUR300m (US$410.2m) into La Redoute to try to find a buyer for the mail order business.

FRANCE: Kering takes minority stake in Altuzarra Petah Marian | 6 Sep 13

French luxury group Kering is continuing its focus on the luxury sector, taking a minority stake in New York-based women's wear label Altuzarra.

FRANCE: Kering H1 profit plummets on Fnac sale Katie Smith | 26 Jul 13

French luxury and sportswear group Kering, owner of the Gucci, Bottega Veneta and Yves Saint Laurent brands, has seen its first-half profit plummet 64% after it was weighed down by a loss on the sale of its entertainment retail chain Fnac.

FRANCE: Kering shortlists buyers for La Redoute? Katie Smith | 3 Jul 13

French luxury and sportswear group Kering (formerly known as PPR) has reportedly shortlisted six candidates to buy its Redcats mail order division La Redoute.

FRANCE: PPR completes name change to Kering Petah Marian | 19 Jun 13

French luxury group PPR has officially changed its name to Kering, after its AGM yesterday (18 June).

US: Pappas to head e-commerce at Jones Group Katie Smith | 22 Apr 13

US apparel, footwear and accessories business The Jones Group has appointed Milton Pappas to the newly-created role of president of e-commerce.

FRANCE: Kering sells Vertbaudet and Cyrillus brands for EUR119m Petah Marian | 5 Apr 13

French luxury group Kering has closed the sale of its Vertbaudet and Cyrillus children and family clothing brands to the Alpha Private Equity Fund 6 for EUR119m (US$153.9m).

FRANCE: PPR changes name to Kering Katie Smith | 22 Mar 13

French apparel group PPR is changing its name to Kering as it looks to position itself as a luxury and sportswear business.

FRANCE: PPR mulls name change? Katie Smith | 6 Mar 13

French apparel and luxury group PPR is reportedly considering changing its name to Kering as it looks to focus on its luxury and sportswear businesses.

FRANCE: Redcats to sell Ellos brand to Nordic Capital Katie Smith | 25 Feb 13

PPR's Redcats division has entered an agreement to sell its apparel and homeware brands Ellos and Jotex to Nordic Capital Fund VII for EUR275m (US$365m).

FRANCE: PPR in talks to sell Cyrillus and Vertbaudet brands Katie Smith | 4 Jan 13

French apparel group PPR has entered into negotiations with Alpha Private Equity Fund 6 (APEF 6) for the sale of Redcats' Cyrillus and Vertbaudet children and family brands for EUR119m (US$156m).

FRANCE: Redcats sells Sportsman's Guide and Golf Warehouse Katie Smith | 17 Dec 12

The Redcats mail order unit of French retail group PPR has sold its Sportsman's Guide and The Golf Warehouse, which sell clothing and accessories for outdoor activities, including hunting and golf to Northern Tool + Equipment (NTE) for US$215m.

US: PPR sells plus size business to private equity firms Petah Marian | 6 Dec 12

French apparel group PPR has entered into an agreement to sell its US plus size business OneStopPlusGroup to private equity firms Charlesbank Capital and Webster Capital as it works to focus on its luxury and sportswear businesses.

FRANCE: PPR in talks to sell Redcats plus-size business? Katie Smith | 29 Nov 12

French luxury goods group PPR is in talks with private equity firm is reportedly in late-stage talks to sell Redcats' plus-size fashion business to private equity firm Charlesbank.

FRANCE: La Redoute loses appeal in swimsuit copy case Stuart Todd | 13 Sep 12

PPR/Redcats-owned home shopping specialist La Redoute has lost its appeal against a conviction for selling a swimsuit copied from Marseille-based designer label Pain et Sucre.

US: United Retail seeks permission to sell to Versa Capital Management Petah Marian | 28 Mar 12

United Retail Group, which began Chapter 11 bankruptcy proceedings in February, has announced that it is seeking court approval for the acquisition of its operating business by an affiliate of private equity firm Versa Capital Management.

FRANCE: PPR expands executive committee Petah Marian | 16 Feb 12

French luxury goods group PPR is expanding its executive committee as part of its plans to better integrate the apparel group, which includes luxury brands like Gucci and the Puma sportswear line.

US: United Retail Group files for bankruptcy during sale Leonie Barrie | 2 Feb 12

United Retail Group, the owner of the Avenue women's plus-size apparel brand and a subsidiary of Redcats USA, has begun Chapter 11 bankruptcy proceedings while it sells the company.

FRANCE: Vivarte appoints Metzger as new CEO Stuart Todd | 1 Feb 12

French group Vivarte, which has an extensive portfolio of clothing and footwear retail brands, is set to appoint Antoine Metzger to the post of CEO.

FRANCE: PPR postpones Redcats sale Petah Marian | 20 Sep 11

PPR has confirmed that it has postponed the sale of its Redcats home shopping business.

FRANCE: Redcats acquires online retailer Castaluna Stuart Todd | 17 Nov 10

Redcats, the home shopping business of France’s PPR group, has bought the entire capital of online trader Castaluna, a start-up specialising in fashion wear for plus-size women.

July 2010 management briefing: Growth in the US plus-size market | 28 Jul 10

To have plus-size clothing lines to sell, you need plus-size consumers, so it is maybe not a surprise that the American market for these garments is of critical importance.

US: Boston Apparel Group adds Casual Living brand | 17 Feb 10

Private equity firm Monomoy Capital Partners LP has bought women’s wear retailer Casual Living USA Inc for an undisclosed sum, it was revealed yesterday (16 February).


just-style homepage

Forgot your password?