French luxury brand Hermès has appointed Nadège Vanhee-Cybulski to replace Christophe Lemaire as its new design lead. Lemaire had announced his departure earlier this week.
Designer duo A.F. Vandevorst will open its very first store in Antwerp on 19 August, following in the footsteps of - for example - Dries van Noten.
Shoe chain VanHaren will place speakers in its display windows to assure that there is music both inside and outside the store.
Germany fashion company Tom Tailor's second quarter retail turnover has grown 0.8 %, to 150 million euro. Its eponymous brand's retail turnover grew 8.8 % and its like-for-like turnover went up 1.3 %.
Macintosh Retail Group has managed to collect 19.5 million euro through the sale of 2.4 million shares worth 8 euro per share. Its CEO, CFO and COO have each bought 100,000 euro in shares.
Investor Eurazeo has invested another 285 million euro in Spanish store chain Desigual. The investment results in a 10 % share in the company, while the founder still controls 90 %.
Spanish textile group Adolfo Dominguez has managed to cut down its losses 75 % in its first quarter of the current fiscal year compared to a year ago.
Spanish fashion retailer Mango has lowered its 4-year forecast because it has taken longer to get the estimated turnover numbers from the brand's new collections.
Fashion retail's turnover during the first two weeks of the sales period has dropped 2.5 %, mainly because of the lousy weather and the excellent spring sales.
British New Look is allegedly talking to Asia Global about French store chain Mim's sale. It has more than 300 stores in France, but is onerous.
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