Next week will be decisive for the future of the Christian Lacroix fashion house, in administration since early June, as the deadline for potential buyers to submit their offers expires on Monday 27 July.
The luxury off-the-peg womenswear fashion house Balenciaga (PPR) announced on Friday 12 June that it had opened its first two boutiques in mainland China and expressed its intention to develop its implantation there.
As sales of luxury goods decline in the global economic slowdown, brands that run their own stores, are backed by corporate parents, or have lead positions on department store floors are poised to come out ahead.
Simone Mantura is the new CEO of GIR + A&F. Jointly created less than two years ago by Marithé + François Girbaud and the Ferretti family, the company oversees the global production of the Designer and Le Jean lines.
Environmental film “Home” will be released on the 5th of June and as the exclusive global partner, PPR has made a call to Gucci Group and asked them to come up with original products. The profits from these items will...