Interparfums, Inc. has signed a fifteen-year exclusive global licensing deal for Guess fragrance. The agreement includes creation, development and distribution of men's and women's fragrances under the Guess brand.
Massimo Giorgetti sells a third of his booming indie fashion house. His new partners, Style Capital, are to acquire a 32% stake in MSGM S.r.l., which owns MSGM, the contemporary brand of apparel, footwear and bags.
Some lenders are suggesting a government takeover of the Nirav Modi and Gitanjali group of companies as part of the PNB fraud investigation as an alternative to having banks initiate bankruptcy proceedings.
Bridal line Celia Grace is expanding in the hopes of driving market awareness for the growing consumer demand for Fair Trade and ethical bridal gowns. All dresses are Fair Trade certified and use eco-friendly processes.
Italian luxury group Tod's will use multiple collections throughout the year to engage better with customers, its chairman said on Friday, as more fashion brands adapt their strategies to the fast-moving market.
UK fashion brands and retailers have a major global opportunity with a new report suggesting that international shoppers would be prepared to pay over 20% more for British goods and almost 10% more for UK-made fashion.