Redcats, the mail order unit of French luxury goods group PPR, said Tuesday September 11th it plans to buy United Retail Group, a US large-size women's fashion group, for 199 million dollars (144 million euros).
Hong Kong-listed Parkson Retail Group Ltd , China's largest department store chain, said on Wednesday it plans to invest in as many as 45 Parkson stores in the next five years, more than doubling its current network.
New York kicked off its annual Fashion Week celebration of spring and summer fashions Wednesday september 5th, with the confections from some 200 designers on display on catwalks and at exhibition hall throughout this clothes-crazed city.
Legendary Italian designer Valentino, who has dressed the world's most glamorous women for decades, announced his retirement Tuesday september 4th, saying it was time to bid farewell to the world of fashion.
Japan's Fast Retailing, the operator of Uniqlo casual clothing shops, set its sights Tuesday, September 4th on buying a major Western brand as it unveiled plans for a third global flagship store in Paris.
A South Korean department store Friday, August 24th, opened what it calls the world's first virtual reality i-fashion store, which lets consumers pick clothes without actually coming in to try them on.
A man armed with a knife who burst into a Sonia Rykiel luxury fashion boutique in Paris and held shop employees hostage for several hours was overpowered and arrested on Tuesday, August 21st, police said.