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Waterford Wedgwood calls in receivers 05/01
Ireland's Waterford Wedgwood, whose luxury tableware was once a mainstay of wedding gift lists worldwide, has called in receivers and placed two of Britain's most venerable china makers into administration. |
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Teenage Russian designer's co files for Chapter 7 bankruptcy 05/01
KP Fashion Co, which is owned by Kira Plastinina, the 16-year-old fashion designer and daughter of Russian businessman Sergei Plastinin, has filed for Chapter 7 bankruptcy in a U.S. court. The Los Angeles-based company listed $9. |
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Karen Millen owner may be in crucial debt talks 04/01
Mosaic, the owner of the Karen Millen, Oasis and Principles fashion brands, is to begin talks with its lenders, further evidence of the gloom on Britain's shopping streets, the Sunday Times reported. |
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Wall Street starts new year with strong rally 03/01
U.S. stocks started the new year with a big jump on Friday as investors looked beyond yet another piece of grim economic data on hopes that a recovery is on the horizon after a disastrous 2008. |
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Vogue editor biggest fashion flop of 08: Time 02/01
She may be the world's top fashion guru, but Vogue magazine's US editor Anna Wintour still managed to make last year's biggest fashion blunder, Time magazine says. |
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Website saves fashion faux pas at Obama inauguration 02/01
A new website hopes to save guests at president-elect Barack Obama's inauguration balls from the ultimate fashion faux pas -- wearing the same dress as someone else.Dressregistry. |
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JJB Sports names new chairman, strategy head 02/01
Struggling UK retailer JJB Sports (JJB.L) announced a management reshuffle, promoting retail veteran David Jones to executive chairman and recruiting a former head of department store Selfridges to oversee strategy. |
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John Lewis weekly sales surge but seen short lived 02/01
Retail bellwether John Lewis reported a surge in sales in the days immediately before and after Christmas, but data on shopper numbers suggested a run of holiday bargain-hunting may already be coming to an end. |
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John Lewis saw surge in pre and post-Xmas spending 02/01
John Lewis, the employee-owned group seen as a barometer of retail spending, said on Friday sales surged at both its department stores and upmarket grocery chain in the days before and after Christmas. |
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Wall St closes out worst year since Depression 31/12
Wall Street closed out its worst year since the Great Depression on Wednesday after an unstoppable credit crisis and a dreadful economic outlook left investors questioning their faith in stock markets. |
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Holiday weakest since 1970, more retail cuts seen 30/12
Not since at least 1970 has holiday shopping in the United States posted such dismal numbers, according to data released on Tuesday that was likely to prompt retailers to curtail their business even more in 2009. |
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Dismal holiday sales weigh on mall owners 30/12
The dismal holiday shopping season may sink some retailers and could take down some U.S. malls struggling with rising vacancies, softening rents and their own large debt loads. |
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French clothes firm Morgan in administration 30/12
French women's clothing company Morgan has gone into administration, a company spokesman said on Tuesday, as the global financial crisis continues to hit the luxury goods and retail sectors. |
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Green Living : Lush founder revels in funding activism 30/12
As the wealthy co-founder of eco-friendly cosmetics chain Lush, Mark Constantine also revels in a more controversial role that he says is in line with his environmental creed - financier of anti-aviation activists. |
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Aeon likely to post 9 mth net loss -Nikkei 29/12
Japan's second-largest retailer Aeon Co Ltd (8267.T) is likely to report a net loss of 10-20 billion yen ($110-$220 million) for the nine months ended in November, hurt by a writedown at its U.S. apparel unit Talbots (TLB. |
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French fashion designer Ted Lapidus dies at age 79 29/12
Fashion designer Ted Lapidus, whose career soared in the 1960s and 1970s with the unisex and safari look, died Monday at age 79 in a hospital in Cannes on the French Rivera, his family said."He died at 2:30 pm. |
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NexCen sells Bill Blass brand for $10 mln; shares soar 29/12
NexCen Brands Inc (NEXC.O) sold its Bill Blass apparel brand to Peacock International Holdings LLC, a men's dress shirt and neckwear firm, for $10 million to repay debt related to the business. |
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British fashion chain to axe 300 jobs: financial group 29/12
Fashion retail chain USC is to axe 300 jobs, or a fifth of its staff, becoming Britain's latest victim of an economic downturn, the financial group charged with helping to save the company said Monday. |
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Ferre owner, Mensun extend talks deadline: source 29/12
Exclusive talks between IT Holding SpA (ITH.MI), which owns fashion label Gianfranco Ferre, and China's Mensun Ltd over an asset sale have been extended beyond a December 31 deadline, a source close to the situation said. |
