Patrizio Bertelli has spoken out on his disregard for analysts’ valuation methods and the incestuous relationship between finance and the fashion industry. The president and “Prada boss criticizes analysts”
Category: News
H&M profit below expectations
Swedish retailer H&M has reported a net profit growth of 6 percent to SKr 4.3 billion (£319 million) for the fourth quarter. The increase of “H&M profit below expectations”
Levi’s go premium
Now that £200 jeans seem as commonplace as £15 discount denim, Levi’s, the grandfather of denim, is changing its lineup. Two new lines, Capital E “Levi’s go premium”
Speedo becomes amphibious
Speedo North America is turning its attention to land by introducing its first winter apparel performance suits for athletes competing in the Winter Olympics in “Speedo becomes amphibious”
Ebay reports rise in quarter profits
Online auction house eBay has seen its quarterly profits jump 45%, boosted by rising turnover across all its markets. Further aided by strong growth at “Ebay reports rise in quarter profits”
ASOS back online
As Seen On Screen, the online fashion retailer that suffered extensive damages to its warehouse after a fuel explosion five weeks ago, went back online “ASOS back online”
Harvey Nichols to open UK boutiques
The luxury department store chain Harvey Nichols is to open a string of boutiques across the UK, according to the Independent. The group, best known “Harvey Nichols to open UK boutiques”
Jaeger to refresh London presence
Jaeger is to refresh its London presence with a £1m planned refurbishment of its London flagship headquarters on Regent Street. The work, which will include “Jaeger to refresh London presence”
Christian Dior opens in India
Christian Dior opened its first store in India on Monday. The luxury goods brand’s store in New Delhi offers Indian consumers the haute couture which “Christian Dior opens in India”
New kid on the block
Dior, Chloé, Chanel, oh my! The newest name to watch out for is Kotur. The young label is coming to London this summer. The Hong “New kid on the block”