Burberry Group today announced its profits for the six months ended 30 September 2008 were up 3%. The company’s retail revenue was up 21% (14% underlying) and comparable store sales saw growth of 3%. Wholesale revenue was up 23% (15% underlying) and the Americas, Europe and Emerging Markets all performed strongly where there was double … Continue reading "Burberry remains cautious despite growth"

One of Sri Lanka’s largest weft knit fabric manufacturers, Textured Jersey Lanka, announced a joint venture between Pacific Textiles in Hong Kong and Brandix Lanka. Its manufacturing facility is set over 600,000 sq ft and has the capacity to knit, dye and finish approximately 2.5 million meters of weft knit fabric per month. Located in … Continue reading "Textured Jersey new strategy planning"

John Lewis has promised to match any discounting on the high street in the run-up to Christmas, as middle England’s favourite department store reported a sharp drop in trade after a “disappointing” week. Andy Street, managing director of the chain, said the impact of the British banking crisis had fed through to customers’ mindsets in … Continue reading "John Lewis to match high street discounts for Christmas"

Aquascutum’s owner is believed to be in talks to sell the brand to YGM Trading. It emerged on Friday that Kim Winser, the CEO of Aquascutum, has quit after failing in a rival bid that she had spent 12 months trying to negotiate. According to sources at Daiwa Securities, the bank that is handling the … Continue reading "Aquascutum up for grabs"

The British Fashion Council 2009 colleges called Council Graduate Preview Day will take place on Tuesday 28th April 2009, between 10.30am – 5pm at the Royal Institute of British Architects (RIBA) in Central London. Formerly known as the ‘Colleges Council Open Day’, this annual event brings industry insiders from media, recruitment, retail, design, manufacturing, sales, … Continue reading "BFC graduate preview day"

Distributor Groovy UK is bringing Hello Kitty and US streetwear label Ed Hardy to exhibition Londoncentral. The two labels will be on display for the first time at Olympia in September. Products on show across both brands will include bags, purses, wallets, jewellery, key chains, belts, cufflinks, lighting, mirrors, glassware, disposable lighters and ceramic mugs. … Continue reading "Hello Kitty and Ed Hardy"

There’s no reason for men to be out of season with Designer Warehouse Sales this April. The sales dedicated to luxury and cutting edge menswear, offering fashion-savvy men SS09 must-haves all reduced up to 80% off the original price. With 100+ brands on sale, the Menswear Designer Warehouse Sales feature collections by Ermenegildo Zegna, Cerrutti, … Continue reading "Designer Warehouse Sales"

Photographed by great photographers including Mario Testino, Steven Meisel, Mario Sorrenti and Terry Richardson, Dutch model Lara Stone is facing Jaeger London’s Autumn/Winter 2009 campaign. Jaeger new campaign was shot on location at the new home of London Fashion Week, Somerset House. It’s the first time in many years that Jaeger has shot on location … Continue reading "Lara Stone fronts Jaeger"

Together with Zurich-based music designer Calming Park, fashion designer bruno Pieters is launching a scented candle collection welcoming a new fragrance ‘amber-pepper’. It is the first perfumed candle by the Belgium designer, whose creations are worn by celebrities such as Lady Gaga, Roisin Murphy, Jake Sheers and Diane Kruger. The candle is wrapped in black … Continue reading "Bruno Pieters candle collaboration"

A British Retail Consortium (BRC) survey last month found more than 90 per cent of retailers reported crime had risen over the last 12 months; more than four-fifths said the recession was the reason. Aurum Holdings, the company behind the retail jewellers Mappin & Webb, Goldsmiths and Watches of Switzerland, has deployed a smoke-screen system … Continue reading "Recession fuels retail crime"