When US Vogue editor-in-chief Anna Wintour doles out advice, the rest of us stop and listen. The highly successful and feared doyenne of fashion has run the magazine for almost 20 years and has been responsible for the rise and rise of some highly respected designers. In order to maintain the standards of the magazine,…
Supermarket Asda has launched a new budget clothing line called George Must Haves. The new line is approximately 20 percent cheaper than its existing George brand. According to just-style.com, Asda is hoping to challenge rival retail chain Primark in the budget clothing stakes. The latter has become increasingly popular as a purveyor of trendy high…
UK fashion retailer Next has reported it expects full year profits before tax to exceed market expectations. The chain said profit would be “in the range of £435 million to £450 million”. On Wednesday the company said that like-for-like sales unaffected by openings in the period 1 August to 24 December were down 3.2 percent,…
Dutch board sports retailer Brunotti is opening an office for its sales activities in the UK and Ireland . The company is joining forces with Blue Brands UK Ltd, which was established by Nigel Codron, former UK country manager for Oxbow. Codron will take responsibility for the label immediately and is currently presenting the autumn/winter…
Susanne Tide-Frater has resigned as creative director of Harrods after 18 months in the post. The former creative director of Selfridges, Tide-Frater joined the luxury department store in September 2004. Tide-Frater, who has already left the company, will continue to work on several projects for the coming season. Harrods will not find a replacement for…
Online fashion retailer Asos has appointed Robert Bready to retail director and board member. In addition, Peter Williams, former chief executive of Selfridges, will become a non-executive director. “They have a different approach (to retail) – they are new, young, different and are pure internet operators,” said Williams, who left Selfridges in 2004. He told…
British brand Aquascutum has named Kim Winser its new president and chief executive. The company, which made its name with rain-repellant wool coats, is expected to make the official announcement today.”The most exciting thing for me is the brand’s potential,” Winser told WWD in an interview. Winser is responsible for turning around Pringle of Scotland…
Ralph Lauren is joining forces with Swiss luxury goods firm Compagnie Financière Richemont to create a jewellery and watch company. The joint venture – Polo Ralph Lauren Watch and Jewellery Co. S.A.R.L. – will be based in Switzerland , where it will design, make and distribute luxury watches and jewellery. Starting prices for watches will…
Jeans specialist Levi Strauss recorded a strong fourth quarter, with net earnings leaping 119 percent to $96 million (£49 million). Revenues gained 4 percent to $1.24 billion. “Our fourth-quarter performance was encouraging, with net revenue growth in each of our three regions,” said John Anderson, the company’s new chief executive. “For the full year, we…
Gucci Group, Burberry and Starbucks are amongst retailers planning to open their first stores in Hungary this year. Other companies that may enter the market include Arcadia Group billionaire Philip Green’s Top Shop, Guess, Claire’s Stores and Body Shop International. Luxury brands are looking for rental property on Budapest’s Andrássy Avenue, home of the State…