Significant growth across all lifestyle brands, product categories and geographic areas
- Consolidated revenues of 1.6 billion Euros +8% compared to 2006 (+12% at constant exchange rates)
- EBITDA of 355 million Euros +18% compared to 2006, 22% as a percentage of consolidated turnover
- EBIT of 289 million Euros +17% compared to 2006
- Net cash of 373 million Euros
- Investments of 95 million Euros
- Wholesale revenues increase to 2.4 billion Euros +15% compared to 2006 (+18% at constant exchange rates) with excellent performance across all product categories, brands and geographical areas
- Expansion in the company’s worldwide retail network with the addition of 49 new stores and with a further 50 openings scheduled for 2008
- Wholesale orders for Autumn/Winter 2008/2009 collections up by +7% (+9% at constant exchange rates) (more…)
Encompassing the ease of well-worn Ivy League classics and the refinement of English tradition, Polo is the foundation of the world of Ralph Lauren menswear. From timeless tailored suiting to more casual sportswear lines, the Polo lifestyle bridges past, present, dress, and sport with Polo Ralph Lauren eyewear completing the head-to-toe look. (more…)
Department store group Debenhams published its interim results for 26 weeks ended 1st March 2008. For the 26 weeks ended 1 March 2008, gross transaction value grew by £15.8 million to £1,303.6 million. This increase of 1.2% broadly corresponds to new space growth during the period. Like-for-like sales fell by 0.7% during the half, reflecting the challenging trading conditions across the retail sector, particularly in January and February. (more…)
International Spanish fashion brand Mango collaborates with Elizabeth Hurley on a capsule collection. The model and actress has designed a limited edition swimwear collection for the fashion chain, which will be available in selected stores across the globe from 15th May.
The Elizabeth Hurley for MNG collection includes swimsuits, bikinis and kaftans in a range of summer hues such as coral, hot fuchsias, pure white and mocha. A nod to the 60s can be seen on belted bikinis, Op-art prints and polka dots. The swimwear collection also includes a small range of high summer inspired accessories such as bags, sunglasses, sandals and costume jewellery. (more…)
Ferrari today signed an agreement for the opening of the first Ferrari Store in the British market. The Ferrari Store, which will be managed by the Percassi Group, will be located on Regent Street, one of London’s most exclusive thoroughfares, and will cover around 550 square metres spread over two levels. Work on the project will begin within the next few days and the Ferrari Store is scheduled to open this coming autumn. It will stock the entire range of Prancing Horse products aimed at Formula 1 fans, GT enthusiasts, children and collectors.
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A model agency is a firm that represents varied fashion models of all ages, ranging from babies to adults, helping them to find work in the fashion industry. All the reputable agencies make their living from commissions, mainly from deals made for and with the models they represent.Major model agencies work with the bigger budgeted fashion designers and advertising agencies to promote products and services for consumers and private parties. They invest funds into talented models or models with great potential to increase their earning abilities and their overall status in the fashion industry. They train, take shots of, create and publish portfolios and comp cards and other things related to the models they represent. (more…)
D&G was launched in 1994 to immediate resounding success thanks to the inspiration that it draws from the contemporary world, from the streets and from the world of music and youth.With this line, the D&G brand embraces the demands of young trendsetters who feel creative, imaginative, and defiant, yet pay attention to quality and details, always searching for a style that is sophisticated, irreverent and unique.The D&G World is color, music, entertainment, culture and countries without borders or age, a world where one can express oneself in freedom, play with clothes and styles and be independent but equal to others. (more…)
It appears the luxury houses aren’t infallible to the global credit crunch after all. Gucci this week saw sales slide in the first quarter ending March 31 as a result of tough trading conditions. Gucci’s sales rose 2.4 percent at constant exchange rates but fell 3.3 percent in the quarter to 513 million euros. PPR on Thursday that first quarter sales rose 20 percent to 4.91 billion euros, thanks to the addition of Puma and robust sales at Yves Saint Laurent and Bottega Veneta. Sales grew 4 percent after taking account of currency exchange, reflecting the impact the high value of the euro against the dollar and yen is having on European luxury firms.
The improvement wasn’t enough to offset the news about the core Gucci label, however, and PPR’s stock dropped 2.4 percent to close at 82.37 euro in trading on the Paris Bourse. (more…)
The classic griffe setting is reworked in a contemporary interpretation in the Corona ring: the setting holds the diamond solitaire in a solid embrace. The name evokes the distinctive design of the jewel, which is inspired by the forms of the corona (Italian for “crown”) and soft contours of a flower, which have both been symbols of the wedding tradition since ancient Roman times, when the bride, dressed in white and covered by the velarium flammeum (orange colored veil) appeared at the altar with her head girded by a delicate crown of flowers. The ring is paired with a solid platinum or yellow gold wedding band, whose sensual “V” rounded profile is perfectly adapted to the sinuous form of the ring. The wedding bands are available in versions decorated with set diamonds or pavé diamonds, in both the platinum and yellow gold models. Necklaces with pendants, earrings, and bracelets complete the collection.
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A new management solution has opened its doors in Manchester. The General Store brings five independent brands together less than one roof and invested in Eurostop’s retail management solution. The cutting edge store is a new venture and brings established brands. Featuring Ringspun, Elvis Jesus, Religion, Buddhist Punk and Bolongaro it provides a wide spectrum to consumers in terms of price and style. The company has invested in Eurostop’s WinPOS to capture sales at the till and track stock movements daily, managing stock levels effectively. The store also works with WinRMIS, a management application for its head office system. The investment plays a key part in the business venture’s growth plans as an independent player in the fashion niche market. The company selected Eurostop for its proven expertise in providing systems for retailers in the clothing and footwear industry. (more…)