LVMH Moet Hennessy Louis Vuitton SE (LVMH), the world’s leading luxury group, has signed an agreement to acquire Tiffany & Co, the New York-based global luxury jeweller. As per the definitive agreement, LVMH will acquire Tiffany for $135 per share in cash, in a transaction with an equity value of approximately €14.7 billion or $16.2 billion.Pic: Tiffany & CoFounded in 1837 when Charles Lewis Tiffany opened the first store in downtown Manhattan, Tiffany today is the leadingoriginated in t

British Fashion Council (BFC) has introduced a new award for Fashion Awards 2019; the Designers’ Designer award will be celebrated for first time this year to coincide with launch of BFC Membership Programme and spotlight British designer businesses that have made a global impact in past year through creativity in product design, campaigns and collaborations.The nominees for the Designers’ Designer award are Christopher Kane for Christopher Kane, Jonathan Anderson for JW Anderson, Margaret Howel

Aditya Birla Fashion Retailer Ltd is planning to create a business from its traditional wear acquisitions over four to five years to take on brands like Manyavar and Biba. It has recently entered the segment by fully acquiring Jaypore and TG Apparel and also entered into a partnership with designers Shantanu and Nikhil with a 51 per cent stake in Finesse.The company foresees building at least a ₹200-300-crore business in the medium term, chief financial officer Jagadish Bajaj told analysts in a

The American Apparel & Footwear Association (AAFA) recently wrote to the office of the US Customs and Border Protection (CBP) strongly opposing the proposed revocation of rulings on certain fashion footwear that, the association thinks, would overturn decades of precedent, industry best practice and basic common sense. It urged the CBP not to classify these shoes as ‘athletic footwear’.While fashion sneakers and high-performance athletic footwear might share some basic traits–flexible outsol

The British Fashion Council (BFC) has launched a new membership programme with an annual subscription and an international professional network for British designers.The BFC Membership will provide designers, who are at “various stages in fashion business from emerging to established brands” access to an online portal featuring relevant industry news, government updates and insight reports, as well as opportunities to attend business development seminars, workshops and events from across the fas

The fashion influences of the late eighties and early nineties are still affecting our wardrobes today. Hardly any other event in Germany arouses more emotion and hope than the fall of the Berlin Wall thirty years ago. On this occasion, Designer Outlet Berlin has collaborated on a project together with AMD Berlin (Akademie du Mode und Design).Even after 30 years, the typical oversized and unisex cuts or materials such as denim and leather are essential components of the fashion scene and can be

Company:KappAhlLocation:Airport store at Gatwick outside LondonArea:25 square metres in sizeStore type:Six-month pop-up storeProduct profile:lifestyle concept store in more sustainable materials for babies and childrenPic: KappAhlStore design | Interiors & VM | Fixtures:The store is round to the shape and has no walls and a pop-up store with a very good location at the densely packed airport.About the brand:The Newbie story began in 2010 when designers at the Swedish fashion chain KappAhl cr

Rachel Zoe and Gap Inc.-owned childrenswear brand Janie and Jack have joined forces on a two-collection partnership. The ongoing collaboration has launched with a holiday capsule collection that brings Zoe's iconic style to children's clothing.Called the Rachel Zoe x Janie and Jack Party Collection, the new capsule features pieces kids can wear to holiday occasions. One hundred percent of the net proceeds from this line will be donated to Baby2Baby, a nonprofit that provides basic necess

Marimekko and Uniqlo, a Japanese global apparel retailer, have announced a collaboration for a new limited edition collection. The collection, that will be launched on November 28, 2019, is the second partnership between Marimekko and Uniqlo. Marimekko is a leading Finnish home furnishings, textiles, and fashion company, headquartered in Helsinki.Pic: MerimekkoThe first collection designed jointly by the two companies, introduced in spring 2018, was very successful. The new 2019 Fall/Winter coll

Revenue of Global Brands Group decreased by 5.2 per cent in H1 FY2020 ending September 30, 2019, compared to same period last year. The total margin increased by 600 basis points, from 27.2 per cent to 33.4 per cent, as a percentage of revenue. The increase was due to reduction of off-price sales levels and strengthening of the group’s sourcing capability.Pic: Global Brands GroupOperating costs, excluding other gains/losses, reflected a decrease of $$68 million or 20.7 per cent. The decrease was