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News in brief for the week ending November 24

News in brief for the week ending November 24

Fashion news in brief:

Twolegs, the skate-inspired casualwear brand, is working on a collection with streetwear brand Pistache for spring 08. The T-shirt range includes four prints, each limited to 50 T-shirts per print. Prices range from £12 to £15. Twolegs’ 35 UK accounts include Driver in Northampton and Wellgosh in Leicester. Call 01642 228212 for information.

Sixpack France, the young fashion brand, will make its UK debut for spring 08 through distributor The Social Fabric. Known for its artist tie-ups, the brand will be stocked in Harrods and 24 independents including Attic in Aberdeen. The autumn collection will sell from February. Prices start at £14 for T-shirts. Phone 020 7870 3656 for details.

Fashion Box, owner of denim brand Replay, has signed a licensing deal with Gruppo Arcte to manufacture and sell Replay underwear, nightwear and beachwear ranges for men and women. The first will be available for spring 09. Details and prices have not yet been confirmed.

Armani has signed football star David Beckham to be the new global ambassador for Armani underwear. The agreement will see the former England captain appear in the brand’s spring 08 ad campaigns.

Scotch & Soda is launching a kidswear collection for autumn 08. The Dutch men’s and women’s streetwear giant will offer styles for boys and girls that follow the same trend-led approach as its adult offer. The range will include 100 styles. Prices have yet to be confirmed.

Cerutti menswear is sold by Bond Street Agencies from its London showroom, not as reported in Drapers (November 10). Womenswear is available from its international showrooms but womenswear enquiries are also handled by Bond Street Agencies.

International news in brief:

Richemont Group, which owns Chloé and Dunhill, grew operating profit by 28% to €560 million (£400m) for the six months to September 30. Sales rose by 11% to €2.5 billion (£1.78bn) over the period. Richemont said Chloé had been up against tough comparatives after strong sales of its Paddington handbag the previous year. Alfred Dunhill’s sales were up and losses narrowed to €5m (£3.5m).

Muji opened its first US store this week in New York. The 3,000sq ft store in SoHo will kick-start a plan to open up to 50 company-owned stores in the US in the next five years.
TJ Maxx, has opened six stores in Germany under the TK Maxx fascia. It is the first time the group has opened shops under the name outside the UK. The new stores are in Lubeck, Raisdorf bei Kiel, Bremen, Schenefeld bei, Hamburg and Billstedt.

Gucci will open its biggest store in New York next year. The shop, which will be located on Fifth Avenue and 56th Street, will open in February. The opening willcoincide with New York Fashion Week, with pop star Madonnaco-hosting a gala evening to celebrate the launch.

TSM Capital, the US private equity firm headed by former Baugur director slaug Magnúsdóttir, has bought contemporary womenswear label Rachel Roy. TSM plans to launch the label in the UK at a later date. TSM also acquired a stake in Matthew Williamson in September.

General news news in brief:

Concept LH, the branded arm of footwear supplier Lambert Howarth, which is in administration, is unlikely to be saved after financing collapsed last week. Former chief executive Pamela Harper, who was unavailable as Drapers went to press, was thought to be plotting a rescue but industry sources said this is now unlikely. Administrator BDO Stoy Hayward said a further 10 staff had left the business.

Aquascutum reported a drop in profits from £1.8 million to £1.2m for the year to December 31 2006. Turnover fell to £27.9m, from £31.8m in 2005.

H&M will collaborate with Finnish label Marimekko for spring 08 to create a 50-piece women’s, men’s and kids’ wear range. It will hit stores in April. Marimekko, owned by design house Skandium, is best known for its prints.

Michael H has appointed Karen Peacock to the new role of UK brands sales manager. She was previously sales manager for Gil Bret and Vera Mont, part of the Betty Barclay Group.
Sainsbury’s plans to segment its Tu menswear offer by using distinct labels across its three ranges for autumn 08. The working titles are Doherty for its trend-led range, Premium Casual for its mainstream offer and Business Class for formalwear.

Matalan chairman and founder John Hargreaves has stepped down. The entrepreneur, who founded the chain in 1985, is said to have left for personal reasons. Matalan director John Mills will replace him.

Mike Hull, the former director of shoe group Start-rite, died on November 14 following a series of strokes. Hull joined Start-rite in 1963 and joined the board in 1978. His funeral will take place at St Peter Mancroft Church in Norwich on November 26.

Indie news in brief:

Boudiche, the Scottish lingerie retailer, is looking for locations to open a second store in early summer next year. Boudiche, which already has a store in Edinburgh, will also double the number of changing rooms in its existing shop to help drive sales.

Havetolove, the Newcastle-based womenswear retailer, is planning to convert its stock room into additional shop floor space by the end of 2008 to enable it to sell lingerie, occasionwear and an extended footwear offer. It is also on the lookout for sites in the north of England to open its second store by 2010.

Bohemia, the womenswear, kidswear and gifts retailer, has launched a transactional website at www.bohemia design.co.uk. The lifestyle retailer, which has a 777sq ft shop in Edinburgh, is also looking for sites to open a second store. Bohemia sells brands including Mini a Ture, Okker Gokker and Ida T.

Dilemma opened its second shop in Hertford, Hertfordshire, last week, taking over a 60sq ft unit. The menswear and womenswear retailer already has a shop in Cheshunt in the county, and stocks Rock & Republic, Danielle Alessendrini, J Lindeberg, Franklin & Marshall and Gestuz.

Disorder, a Birmingham menswear independent, has won £5,000 in a competition run by business improvement district Retail Birmingham to support smaller businesses. Retail expert Mary Portas chose the boutique thanks to its potential to enhance the city’s fashion offer. Disorder, manufactures and sells its own label in Birmingham and in other independent shops in Manchester and Leeds, as well as in New York in the US.

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