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Chinese luxury conglomerate's bonds sink as payment deadline nears

Chinese luxury conglomerate's bonds sink as payment deadline nears

Bonds issued by Prime Bloom Holdings, a unit of Shandong Ruyi Technology Group, have slumped after ratings downgrades, drawing fresh attention to credit risks associated with Chinese issuers.
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BrandAlley bought by its former UK subsidiary

BrandAlley bought by its former UK subsidiary

The French multibrand fashion e-tailer, which filed for receivership, has been sold to BrandAlley UK, which split from its parent company in 2013. Half of BrandAlley’s 80 French employees will keep their jobs.
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Бизнес

Missguided's 'transition' year sees losses, but it predicts profits ahead

Former high-flyer Missguided saw its sales falling by as much as £29m in the year to March 31, its latest set of accounts filed at Companies House showed on Friday. 
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Бизнес

Philip Green's Arcadia secures £310 million loan refinancing on flagship store

Philip Green's Arcadia fashion group has secured the refinancing of a 310 million pounds ($398 million) loan on his flagship TopShop store on London's Oxford Street, it said on Friday.
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Дизайн

BFC reveals next menswear line-up; heralds streaming on own Instagram channel

BFC reveals next menswear line-up; heralds streaming on own Instagram channel

The British Fashion Council has announced the  composition of the next London Fashion Week Men’s, heralding a new LFWM #Discovery digital campaign, in a season, lacking many top British design names.
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Медиа
Google's Year in Search 2019: 'Camp Fashion' topped the list in the US

Google's Year in Search 2019: 'Camp Fashion' topped the list in the US

‘Camp Style' was the fashion term that had the US Googling the most in 2019., while in second place was ‘Egirl Style,' which refers to the ironic aesthetic that has become popular online.
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Дизайн

Kering's appeals rejected in proceedings against Hedi Slimane

Paris' commercial court has rejected appeals from the luxury group in two sets of proceedings pitting it against Hedi Slimane, the former creative director of Yves Saint Laurent, in a dispute that dates back to 2016. 
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Индустрия

Hast, the latest cool French fashion start-up

The next time anyone tells you how hard it is to open a company in France tell them to talk to the guys at Hast; a clever new niche brand that’s developed an insider following since its launch in 2012. 
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ShopStyle brings in two new general managers

ShopStyle brings in two new general managers

The online fashion and lifestyle shopping platform announced on Friday that it has named Alison Stiefel as general manager of ShopStyle.com and Lindsay Jerutis as general manager of ShopStyle Collective.
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Condé Nast hires new CFO and CMO

Condé Nast hires new CFO and CMO

Condé Nast is boosting its global leadership team with the appointment of Mike Goss as chief financial officer, and Deirdre Findlay as chief marketing officer.
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Разное
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Balmain appoints Jean-Jacques Guével as new CEO

Balmain has chosen the successor to Massimo Piombini, who recently left the Parisian label and will be replaced by the current CEO of Zadig & Voltaire, Jean-Jacques Guével.
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Назначения

Anna Bakst exits Kate Spade

Tapestry, Inc. has announced that Anna Bakst, chief executive officer and brand president of Kate Spade, will exit the company at the end of the calendar year. 
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