Sunday, July 14, 2013

Fashion Weekly News (08/07-14/07)

   Pamela Skaist-Levy and Gela Nash-Taylor, the founders of Juicy Couture, are looking for an investor to buy back their original brand. The pair had sold Juicy Couture in 2003 for $230 million to Fifth & Pacific and left the brand later beginning 2010 due to conflicts with the new brand’s CEO.

   LVMH bought a majority stake of 80% in family Italian luxury cashmere and wool label Loro Piana for €2.7 billion. (The firm supplies to brands such as Brioni, J Crew and Bloomingdale's)

    Dsquared2 designers Dean and Dan Caten are the interior designers of a new Milanese restaurant, launching in September, and situated in the penthouse of the label's headquarters on Via Ceresio 7. 

   Viktor & Rolf unveils their first bridal collection for Spring/ Summer 2014.

   Versus & K-way collaboration collection is now available online on Versus Site.

£297 the jacket

£297 the jacket
£79 the iPad case

   Hermѐs is expanding to two new leather good factories to meet customer demand and expecting to recruit 600 new employees. The first factory in Héricourt will open in 2015 or 2016, while that of Montbéliard has not been specified a date yet. Undoubtedly, the feud between LVMH and Hermes haven’t encouraged a slowdown in the family heritage business but has in fact attracted more demand from customers.

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