Articles by Sylvana Lijbaart
Gucci Logistica increases stake in Colonna Group tannery to 100 percent
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Kering subsidiary Gucci Logistica is increasing its stake in Colonna Group to strengthen its investment in the leather industry. Gucci Logistica, which is active in the design, development, engineering, production, purchasing, sales, import and export of Gucci branded products, already held a 51 percent stake in the tannery since 2019, but is...
Pace Partnership London to manage Ted Baker's wholesale operations in the UK and Europe
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Ted Baker’s wholesale business is being acquired by Pace Partnership London (PPL). New Lobster, the company that manages Ted Baker’s design, development and product innovation, has signed a five-year agreement with PPL to manage its wholesale business in the UK and Europe, a press release said. New Lobster will continue to be responsible for...
Capri Holdings and Tapestry terminate merger deal
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Capri Holdings Limited and Tapestry Inc. have reached an agreement to terminate their merger arrangement, Capri announced in a press release. The news comes after a judge blocked the multi-billion dollar deal. Capri and Tapestry have said they are finally pulling the plug on their multi-billion dollar deal "in the best interest of both...
Euratex signs agreement with Amith, intensifying textile cooperation between Morocco and the EU
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Euratex and Amith signed a 'Memorandum of Understanding' on 7 November during the 21st edition of Maroc in Mode in Casablanca, Euratex reported in a press release., with the goal to bring about closer cooperation between Europe and Morocco in the textile sector. The Memorandum sets out shared priorities including aligning industry practices with...
European Commission issues official warning to Temu
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The European Commission and the Consumer Protection Cooperation are issuing an official warning to the Chinese online marketplace Temu. The watchdogs have warned Temu that the company must comply with European market rules following an investigation by the commission itself, the organisation wrote in a press release. The European Commission has...
Jacquemus seeks minority shareholder ahead of London store opening
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Jacquemus' namesake founder, Simon Porte Jacquemus, has confirmed the brand is looking for a minority shareholder. The designer revealed the news in an interview with the French magazine Le Figaro, to which he said it was time to find support from an investor who will help with a global expansion and expansion into the beauty segment. Jacquemus...
About You and Netflix launch new fashion label: Netflix Collection
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About You and Netflix are joining forces to launch a new fashion brand: Netflix Collection. The new fashion brand, as the name suggests, draws inspiration from various Netflix films and series, as announced in a press release. The first collection will launch at the end of this month. On October 28, two items will be launched that 'set the tone...
Fashion Stipend winner Camiel Fortgens: ‘We're going to conquer the world’
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The thirteenth Fashion Stipend Netherlands winner has been announced: Designer Camiel Fortgens took home the Culture Fund Fashion Stipend earlier this week. Fortgens joins a list of designers (collectives) who have previously received the incentive award. Fortgens is a Dutch designer who mainly operates abroad. In the Netherlands, he continues...
Camiel Fortgens wins Fashion Stipend 2024
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Designer Camiel Fortgens has won the Fashion Stipend ('Mode Stipendium') 2024 incentive prize of the Dutch Culture Fund (Cultuurfonds). The news was announced at the award ceremony on Tuesday evening. The Dutch designer received the prize at the cultural house ‘De Nieuwe Liefde’ in Amsterdam. Fortgens has not only received the title of winner,...
Kim Jones leaves Fendi
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After four years, Kim Jones and Fendi are going their separate ways. This was announced by Fendi's parent company LVMH Moët Hennessy Louis Vuitton in a statement on Friday. Jones worked as womenswear designer at the Italian fashion house. “Kim Jones made significant contributions to the brand's creative legacy, seamlessly integrating his modern...