It will be the second Kate Spade store in the world to feature the brand’s new design concept, and it continues the brand’s effort to expand its presence in Europe after setting up shop in Paris last year.
China's Fosun International announced on Wednesday the appointment of Eran Cohen to CEO of US luxury label St. John Knits. Cohen succeeds Bruce Fetter, who has retired after more than 15 years with the company.
The new owner of Belstaff has been named Britain’s richest man in the latest Sunday Times Rich List. Self-made businessman Jim Ratcliffe is chairman/CEO of chemicals company Ineos, which acquired Belstaff last autumn.
Speculation that Shandong Ruyi was in talks to buy the UK’s Arcadia Group may have been denied by both parties but it has certainly focused attention on the Chinese firm’s global ambitions in the fashion sector.
The next London Fashion Week five-day season kicks off Friday morning; with a major drive to turns things ever more ecological; alongside a bittersweet farewell to the country’s most successful designer this century.
A deal has been struck to sell Bally and while we don’t know how much the deal’s worth, we do know that the Swiss brand will be controlled by one of the world’s biggest textile names, Shandong Ruyi Investment Holding.