Nearly a year after a Bangladeshi textile factory collapsed, leaving more than 1,100 people dead, fashion discount chain Primark has started its payment of 9 million dollars in damages to the victims.
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Luxury shoe producer Jimmy Choo is interested in going to the stock exchange to get additional funds to speed up its Asian expansion. The company would be valued at 1.2 billion euro.
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To celebrate the launch of its very first deluxe beach collection, Belgian fashion brand Essentiel has opened a pop-up store in Antwerp, near one of its Essentiel Women stores.
German clothing brand Hugo Boss has had a record year in 2013, with turnover and profit at record heights. The company aims to duplicate or even improve the success in 2014.
Forever 21 is to launch a Dutch version of its web shop, which means that both Dutch and Belgian customers will get a Dutch interface when they want to order online. Moreover, the company plans to open a first Dutch store in Amsterdam.
Abercrombie & Fitch plans to gear the eponymous clothing brand towards more adult customers. At this point, Hollister’s sister brand is aimed towards teenagers, but they prefer other brands.
French fashion retailer Comptoir des Cotonniers has attracted Nathalie Schneider as its international retail director. Together with CEO Nancy Pedot, she has to strengthen the group’s international expansion.
Surf brand O’Neill has launched a new website to "strengthen its position as most progressive, distinctive and authentic" surf and snow brand. The brand considers digital to be “one of the most important touch points”.
Shoe brand Foot Locker has managed a turnover growth of 5.2 % last year to 6.5 billion dollars (4.7 billion euro), with the like-for-like turnover and net profit also on the rise.
Sports brand Reebok has a new recognizable logo: a red Greek letter delta (similar to a triangle). The new logo is the mark of a new strategy as well.
Orchestra-Prémaman hopes to become a ‘one-stop-shop’ for its customers through a series of measures: a new distribution strategy, an ambitious renovation plan and two new stores.
JBC has launched a new collection, called ‘Fair in Style’, which is entirely made out of biological cotton. That means there are fewer pesticides and chemicals used in the production process.
Dutch running-focused chain Runnersworld has opened its 27th store in Hoogeveen. The store also hopes to help people who are not customers, as certain injuries can also be treated at the store.
Chinese men’s fashion manufacturer Bosideng has introduced its newest, Europe-focused collection. Bosideng Plus Zero was designed in Italy, but the production (obviously) takes place in China.
Abercrombie & Fitch intends on turning its surf brand Hollister into a fast fashion brand to allow it to better compete with rivals like H&M: the Swedish chain is making huge strides with teenagers, leaving A&F behind.
German shoe brand Adidas is placing its hopes on 2014, which should be a successful year thanks to the World Championship Football in Brazil. 2013 has been a rather abysmal year, as the euro proved to be (too) strong.