The textile and sporting equipment group Lafuma has seen its net loss swell in the first half-year (up until the end of March) of its activities for 2008/2009, but sees an “improvement” of its situation in the second half-year period, it announced in a press release.
Disappearing from podiums in 2002, Jean Colonna is returning with a new project and virtual showcase on the internet. The concept of the clothes will play with the notions of rarity and a hand-made luxury spirit.
Discount apparel retailer Syms Corp said it expects to close its purchase of bankrupt retailer Filene's Basement Inc. as early as Thursday 18 June. Approval of the sale is subject to a hearing set for 5 p.m. EDT Wednesday 17 June.
British designer brand Ted Baker Plc said on Tuesday 16 June it was confident full-year results would be in line with expectations as it posted a 7.6 percent increase in revenue for the 19 weeks to June 12.