With the backdrop of the recession, luxury houses are taking another look at their strategies and habits. As a result, in October Givenchy will be launching a line which will cost less than its principal collection.
German luxury fashion house Escada faces a critical verdict from bondholders on its rescue programme on Tuesday 11 August, and with just a day to go is still some way short of the support level needed.
New Look has signed a partnership with a brand new label. Called “Idol”, this new brand with strong rock influences will be seeking to establish itself in the world of fashion and will be available from this Fall in forty-two New Look stores across the world.
After the ‘British Invasion’, a collection inspired by the groups Pink Floyd and The Who, Converse is launching a ‘Music Collaboration’ line which has been created in collaboration with two of the biggest names from hard rock: Metallica and AC/DC.
Uniqlo ‘+J’ is the name that the Japanese label has come up with for its collection which was produced in association with Jil Sander for autumn-winter 2009. The collection will be available in Uniqlo’s network of boutiques across the world.
The judicial administrator of failed French fashion house Christian Lacroix said a bid by Italian group Borletti, associated with the Rinascente department store group and the designer himself, was "serious".
Next week will be decisive for the future of the Christian Lacroix fashion house, in administration since early June, as the deadline for potential buyers to submit their offers expires on Monday 27 July.
Gant is celebrating its 60th birthday. To mark the occasion, the chic sportswear label is re-releasing ten of its historic shirts, its main product. On offer will be six mens models and four for ladies.