The German government is keeping an open mind about granting aid to stricken retail and tourism group Arcandor and will decide soon what to do, Economy Minister Karl-Theodor zu Guttenberg said.
Halston has entrusted its artistic direction to Marios Schwab. The graduate of Central Saint Martin’s College of Art & Design, owner of his own label since 2005, will head up the the design team, working on items from designer shoes to a line of handbags.
In Notting Hill, in the windows of 186 Westbourne Grove, a man-sized Eiffel Tower takes pride of place sporting the Union Jack. The reason? To remind people that under an anglicised name hides one of the most Parisian brands in ready-to-wear clothing.
German retailer Arcandor has called for a high-level meeting with rival Metro and investment bank Goldman Sachs to hammer out a plan for its stricken Karstadt department store chain.
Luxury goods may have lost their luster for many people due to the recession, but in Australia, some pets are still living the good life.
It is in New York, naturally, that Derek Lam has opened his first concept store. The store is located in the heart of Soho and was designed the architects at Sanaa.
Debt-laden tourism and retail group Arcandor is set to ask the German government for up to 700 million euros ($948.9 million) in loan guarantees, financial sources close to the matter told Reuters on Thursday 14 May.
Scarlett O'Hara had her fair share of trials and tribulations in "Gone with the Wind," but nothing matched the problem she had in Washington this week: her bodice slid off at a charity catwalk 'Sweet Charity', showcasing edible outfits.
The Big Apple loves Marni, and the feeling is definitely mutual. The label has opened a second boutique there, not far from Madison Avenue. Installed in a former art gallery, the store has the ambiance of a loft.
What's the greenest company you can think of, from a design standpoint? Odds are, Time Magazine's list of the Green Design 100 has it covered. The list looks at innovative new companies, well established firms going green, and everything in between.
Private equity firm Axa sold the Lorraine based crystal producer Daum on the 11th of May to the holding company of businessman Prosper Amouyal, Financière Saint-Germain, which has already taken over the manufacturer Haviland and half of Lalique.
Company executives in Europe and Asia gave mixed outlooks for 2009 when reporting earnings on Wednesday 6 May.
Swarovski is expanding into the horological sector. Presented at an advance preview in Bale, the first collection is no half measure, consisting of forty-five models in various shapes and innovative designs. The range proves once again that Swarovski is not lacking in daring.
The collaboration has been a short one; named director of design for ladies’ off-the-peg fashion at Sonia Rykiel at the end of 2007, Gabrielle Greiss is leaving the company. A mutual decision, the designer will be moving on after the catwalk for winter 2009.
Employees of the PPR group rallied together for the first time to protest a restructuration plan, an “historic” action according to the unions whereas the management of Fnac and Conforama picked up on the low number of strikers.
