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Courtesy: SuitsupplyPrivate equity firm NPM Capital has strengthened its participation in Suitsupply by providing further growth capital. At the end of 2017, NPM Capital invested a first tranche, which allowed Suitsupply to open 25 stores and grow the organisation. Commercially, the company is developing well. Global sales have grown, particularly in the US and Asia.
The Suistudio women's line has been expanded with stores in Milan, Shanghai, Frankfurt and New York. Furthermore, Suitsupply is
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Courtesy: JLM CoutureWedding dress designer Hayley Paige has unveiled a social media influenced diary-style series called Just Got Paiged. It was announced by JLM Couture. The episodes will appear twice a week on the platform. The series features a behind-the-scenes look at Hayley's creative processes, her background as a designer, as well as tips and trends for brides-to-be.
Other episodes in the series will include what to expect from a luxury wedding gown and shopping experience, as well
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Haute Hijab Co-Founder & CEO Melanie Elturk/Courtesy: PR NewswireHaute Hijab, a direct-to-consumer fashion and lifestyle brand for Muslim women, has concluded a $2.3 million Series Seed financing round led by Cue Ball with participation from Ludlow Ventures, Sinai Ventures, Maveron, Muse Capital, AngelList, and The Helm. The funds will be used to help Haute Hijab accelerate growth and extend its competitive lead.
By elevating the hijab category and creating an engaged online community of
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Courtesy: ModaThe Moda Autumn/Winter 19 (AW19) show, a meeting place for mainstream fashion for mid-market brands across UK and Ireland, will be open from February 17-19 at NEC Birmingham. This year five new brands namely Cotton Brothers, Kyiran & Kayson, Pretty Lavish, Bill Baber and Cero Etage will bring their latest collections to key buyers at Moda.
Cotton Brothers, a Portuguese womenswear brand, prides itself on its attention to detail, impeccable quality and elegant silhouettes. The
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Courtesy: Skechers USASkechers USA., Inc. has announced the purchase of the minority share of its joint venture in India, transitioning the business to a new wholly-owned subsidiary of Skechers USA. The network of Skechers retail locations in India currently includes 223 retail stores—61 of which will be Skechers owned and operated while the remaining are third-party owned.
An additional 80 to 100 stores are planned for 2019—of which approximately 20 will be company-owned, company-operated. C
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Courtesy: Alexander-Mcqueen/ KeringKering has witnessed sustained and profitable growth throughout 2018. Consolidated revenue totaled €13,665.2 million, up 26.3 per cent as reported and 29.4 per cent on a comparable basis, driven by all regions. The recurring operating income also soared 46.6 per cent to €3,943.8 million. At €2,955.2 million, there was strong free cash flow from operations.
Throughout 2018, Gucci and Saint Laurent continued to deliver exceptional growth (up 36.9 per cent and
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Courtesy: Centric SoftwareCamaieu, the leading French women’s ready-to-wear brand, has selected Centric Software’s Product Lifecycle Management (PLM) solution. Centric Software provides the most innovative enterprise solutions to fashion, retail, footwear, outdoor, luxury and consumer goods companies to achieve strategic and operational digital transformation goals.
The apparel company wanted to equip themselves with a PLM solution to streamline operational processes and ensure a collaborati
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Courtesy: GenescoFanzzLids Holdings has taken over Genesco’s Lids Sports Group for $101 million. The deal is subject to working capital and other adjustments and does not include a tax benefit estimated at $30 million. FanzzLids Holdings is a holding company controlled and operated by affiliates of Ames Watson. Genesco is a Nashville-based specialty retailer.
Genesco sells footwear and accessories in more than 1,500 retail stores throughout the US, Canada, the United Kingdom, the Republic of
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Courtesy: GucciGucci was ranked the hottest brand on the planet in The Lyst Index, the quarterly report ranking fashion’s hottest brands and products, from October to December. The Gucci Soho Disco bag was the hottest women’s product and more than six million shoppers searched for a Gucci bag, belt or shoe in that period. Italian brands continue to dominate the index.
Among the Italian brands, Fendi has climbed up a further four places, while Stone Island re-enters the hottest brands list af
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Some Philippine Government employees will soon wear uniforms designed by top designers using domestic fabrics, according to Celia Elumba, director of Philippine Textile Research Institute (PTRI), which has sought the help of top designers to make prototypes of at least three uniforms for staff of the department of science and technology (DOST) and five partner agencies.
PTRI operates under DOST.
The designers are Rajo Laurel, JC Buendia, Albert Andrada, Barge Ramos, PJ Aranador and Patrice