The French brand, founded in 1912, ceased its commercial activity with fashion a while ago, with its name being used since then only in the perfume industry. Since 2011, Jean Patou was owned by Designer Parfums, a company managed by Indian family Metha.
The Italian men’s fashion company has announced the departure of Nina-Maria Nitsche, artistic director since mid-2017, when she replaced in the role Justin O’Shea, former buying head of Mytheresa.
The group has appointed Michael Kampe, a graduate of the Royal Academy of Fine Arts in Antwerp (Belgium), as new artistic head of the denim brand. Previously, Kampe was design director for casualwear collections at Hugo Boss.
The Spanish company ended the first six months of its fiscal year with a turnover of 323 million euros. The group attributes the drop to the on-going reorganization of its distribution network.
The Spanish department store chain ended fiscal 2017 with a turnover of 15.93 billion euros, 2.8% more than in the previous year.
Juan Chaparro joined the fashion distribution group in 2013, an appointment with the approval of José Manuel Martínez, chief executive officer until earlier this year. Last spring, Chaparro also assumed the reigns of the brand’s business in the Asia Pacific region.
Apparently, the Italian luxury company is unsatisfied with the sales performance of the fragrances business, which registers annual sales of around 100 million euros, 50% less than the goal set up by Puig when getting the license back in 2003.
The denim company has reached an agreement with Nike’s childrenswear partner in the European region. Haddad Brands will assume the design, production and distribution of Levi’s kids’ collections.
The ecommerce luxury platform has acquired CuriosityChina, a digital agency that offers solutions that enable Western fashion brands to develop swiftly a strong online presence in the Chinese market.
The group, owner of Vans, Kipling and The North Face among other labels, ended the first three months of fiscal 2018 with a net income of 160.4 million dollars (137 million euros). Sales went up 23.8% in the same period.
The French company aims to boost its digital performance with the launch of a new online flagship store whose reach stretches over one hundred countries.
The fashion company, owned by G-III Apparel Group, has entered into an agreement with the optical group for the manufacturing of eyewear collections for its two brands.
Peter Ruis, former chief executive officer of clothing retail chain Jigsaw, will oversee Anthropologie’s expansion beyond North America. Previously, Ruis also worked at John Lewis and Levi Strauss.
Under Ricardo Tiscci’s creative tenure, the British luxury company has already announced team-ups with Vivienne Westwood, besides a capsule that will be released shortly after the brand’s upcoming runway show in September.
Oscar Olsson, co-founder and chief executive officer of H&M’s newest label, has been working in the Swedish retailer for the last five years. Nyden is targeting millennials and operates through ecommerce.
All economic news of the key fashion companies worldwide.
