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Daily Round Up: Tamara Mellon's brand plans; Benetton Group; Urban Outfitters and Discovery Enterprises

Discovery Expeditions

From around the web and the nationals:

JIMMY CHOO founder Tamara Mellon, who announced her immediate departure from the company last weekend, is unsurprisingly, preparing to launch a lifestyle brand, taking her cue from designers Tom Ford and Tory Burch, according to reports.

BENETTON GROUP saw net profit for the third quarter drop 33% to £26.5m, as high raw material costs and a decrease in revenues impacted the bottom line.The group’s chief executive officer for operations, Biagio Chiarolanza, said the company faces a “very critical” situation in its main reference markets

URBAN OUTFITTERS also reported third quarter figures, filing a 31% dip in profits. Net sales in the third quarter ended October 31 increased 6% to £384m.

DISCOVERY ENTERPRISES INTERNATIONAL, the commercial arm of media group Discovery Communications, has launched lifestyle outdoor apparel brand, Discovery Expeditions, for men aged 20 to 45, inspired by the Discovery Channel and sold exclusively online. The inaugural autumn 11 collection consists of around 25 items including jackets, knitwear, sweatshirts and t-shirts through to slim fit shirts and denim trousers in a variety of bold and seasonal colours. The brand’s first advertising campaign which will be shown across the discovery channel network and online goes live today.

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