Despite the economic crisis Desigual is resolute to invest in foreign markets. The Spanish firm goes forward with 100 million euros it will deploy in new store openings in Europe, Asia and the United States in 2011.
The actress is surely playing her cards right in the fashion business. After being Burberry’s muse, Emma Watson has just announced an organic clothing range project with Italian designer Alberta Ferretti.
German sports apparel giant Adidas said Monday it hoped to win sales of more than one billion euros with a new brand aimed at the lucrative 12 to 19-year-old market that is already being launched in Asia.
Tommy Hilfiger has scheduled to open its largest flagship store in an elite Tokyo district in March 2012. This store will also "further support retail business in Asia" said CEO of Tommy Hilfiger Group.
Italian shoemaker Geox warned on Friday that higher raw material prices and negative currency trends would hit margins in the first half of 2011 and predicted a fall in 2010 results, sending its share price lower.