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Business
Macy's cut profit outlook after weak quarter; confident for holiday
Macy’s Inc cut its annual profit forecast for the second time this year on Thursday, blaming weak international tourism, warm weather and sluggish mall traffic for the first drop in same-store sales in two years.
today
Ready-to-wear
Business
LVMH gets access to Tiffany's books after it raises offer - sources
French luxury group LVMH has persuaded U.S. jewelry chain Tiffany & Co to provide it with confidential due diligence after it raised its bid to close to $16 billion, people familiar with the matter said on Wednesday.
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Miscellaneous
Industry
Brazilian retailers Magazine Luiza and Lojas Marisa announce partnership
Brazilian retailers Magazine Luiza SA and Lojas Marisa SA announced on Thursday a partnership to sell smartphones and financial services in roughly 300 stores of apparel retailer Marisa.
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Ready-to-wear
Retail
Catalyst seeks financing to top Hudson's Bay deal: sources
Private equity firm Catalyst Capital Group Inc is seeking financing for a bid for Saks Fifth Avenue owner Hudson’s Bay Co that would top a C$1.9 billion ($1.4 billion) deal the retailer reached last month.
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Ready-to-wear
Business
Trade shows
Moda prioritises community feeling with launch of 'neighbourhoods'
The next edition of Moda, taking place on 23-25 February, will see the fashion trade show’s floorplan replace sectors with ‘neighbourhoods’ in an effort to strengthen its sense of community.
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Ready-to-wear
Trade shows
White shirts created in honor of Karl Lagerfeld will be on show at Pitti Uomo
Officially presented last September, the collection "A Tribute to Karl: The White Shirt Project" will take pride of place at the next Pitti Immagine Uomo fashion industry show.
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Ready-to-wear
Trade shows
Pitti Uomo to focus on cutting-edge fashion with Stefano Pilati and Telfar Clemens
The designers of Italian label Random Identities and American label Telfar will bring their respective visions of contemporary fashion to Florentine menswear show Pitti Uomo on January 9.
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Ready-to-wear
Trade shows
United Nations, CFDA to talk sustainability at Kingpins New York
Part of Kingpins’ plan to bring an ethical focus its tradeshows worldwide, all panels of the upcoming New York show will focus on social and environmental issues related to the future of the denim industry.
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Denim
Industry
