Global Fight Against Counterfeit Goods
Ever since international governments have realised the billions lost in tax revenues due to counterfeiting, new laws and agreements are being designed faster than one can say ‘Gucci.’ Counterfeiting, according to WWD, has become pandemic, accounting for an estimated $456 billion, or 7 percent of global trade, in 2003, according to the World Trade Organization.…
Sexy is a bigger size
New boutique Curvy Girl clothes boutique offers fashionable clothes for bigger sizes. Owner Hilary Gordon, a self-confessed shopaholic, has always loved clothes but has become frustrated by the lack of stylish clothes for her size-18 figure – although her shoe collection has benefited (she has more than 100 pairs). “You can never be too fat…
Versace mansion now hotel
Click:pancake recipe Casa Casuarina, the 1930s art deco mansion and former home of Gianni Versace is one of the most famous spots on Ocean Drive in Miami Beach . Now you can get inside, and even sleep there, for a price. The opulent Casa is the latest inductee to the discerning Leading Hotels of the…
Evisu to open Savile Row shop
The hip denim label Evisu will be opening a boutique on 9 Savile Row on 15 September. The Japanese brand is planning to offer bespoke tailoring in its new boutique. Evisu’s founder and tailor/designer Hidehiko Yamane, a trained tailor who has always been obsessed by denim, launched the brand in 1991. For his new Savile…
Hilfiger pre-tax sales drop
Tommy Hilfiger has reported that its pretax profit has fallen 45.9 per cent during the financial year 2004/5. The company’s net income for the year dropped from GBP 93 million the year before to GBP 50 million. Hilfiger cites a decline in orders from US department stores as the cause for the drop. However, substantial…
Paul Smith opens Mayfair furniture boutique
Today sees the opening in Mayfair of a Paul Smith store dedicated to selling furniture and “things”. On Albemarle Street, in a plumb location between Old Bond Street and Dover Street, the store will sell a variety of “things” whose only common characteristic is that they are ‘unique’. Paul Smith has always sold a selection…
Davies considers new label
George Davies, the former owner of Per Una fashion, is said to be considering using some of the money he made from the sale of the label to former employer Marks and Spencer to set up a fashion retailer, according to the Financial Times. There has been talk that Davies may start his fourth retailing…
Inflation scares consumers
More than 80 per cent of consumers believe prices will rise in 2006, sparking fears that base rates will climb to combat inflation, according to the February Consumer Barometer from Lloyds TSB Financial Markets. Eighty-one per cent of consumers believe that prices in general will rise during the year, with only two per cent expecting…
Levi’s CEO to retire
Phil Marineau, the president and chief executive of Levi Strauss & co, will be leaving the denim retailer at the end of the year. It will mark the end of a seven-year ear during which he worked hard to return the company to growth. Simultaneously, the company announced the promotion of John Anderson to chief…
Retailers turn to futuristic merchandising
Using the very same technologies as those seen in the futuristic film Minority Report, retailers are starting to compete for the attention of passers by with a combination of audio and holographic messages that eminate from their shop windows. Persuading shoppers to come into their stores is the first challenge that retailers must achieve. Now,…