(Global Fashion Wire) - I.T Limited (HKG:0999), a well-established trendsetter in fashion retail market in the Greater China, is pleased to announce that the Group has reached agreements to acquire approximately 90.27% of the entire issued share capital of Japan's Nowhere Co., Ltd. ("Nowhere") for an aggregate consideration of JPY230 million (approximately HKD21.84million).
(Global Fashion Wire) - UNIQLO announces that the +J Spring/Summer collection, realized in cooperation with highly established fashion designer Ms. Jil Sander, will be launched on January 26, 2011.
(Global Fashion Wire) - Following the launch of her first Shanghai boutique in December, Leona Edmiston one of Australia's leading fashion designers, is adding another two new Myer (ASX:MYR) concessions to her network.
According to local media reports, the Italian luxury brand Prada is researching the possibilities of launching initial public offering in Hong Kong in the first half of 2011. The insiders quoted in local reports said that if Prada chooses to be listed in Hong Kong, it may gain more capital than in its domestic Italian market, because the individual investors in Asia are more active.
Hong Kong-based multinational Li & Fung Limited (HKG:0494), the global consumer goods exporter, today announced that its subsidiary, LF USA, has acquired substantially all of the assets of Oxford Apparel, which is one of the operating groups of Oxford Industries, Inc (NYSE:OXM). The Group also said LF USA will launch industry-first lifestyle brands with globally recognized entertainers Jennifer Lopez and Marc Anthony that will be available in Kohl's stores.
On November 4, 2010, global super-brand Zara is scheduled to launch a series of onlines stores throughout Austria, Belgium, Ireland, Luxembourg and the Netherlands. In addition to France, Germany, Portugal, Italy, Spain and the United Kingdom, where online sales were available since 2 September.
HUGO BOSS AG (ETR:BOS3) is back on track for growth in 2010. With sales increasing by 7% to EUR 325 million the second quarter recorded much more dynamic growth then the first quarter that was still affected by the orders of our retail partners that recovered slowly from the 2009 recession. In the first half of the year, Group sales totaled to EUR 769 million (-2%), nearly on previous year's level.
