Levi’s is returning to its roots. The emblematic denim label has created Levi’s XX, a new global division that will be in charge of designing, developing and launching both premium collections and vintage re-issues of successful items, the latter under the name “Levi’s Vintage Clothing”.
Last September, Jil Sander announced its entry into the jewellery sector alongside Damiani. After a first line essentially based on earrings, the brand is now preparing a complete collection of jewellery and watches, all under a global licence agreement with Damiani.
Stricken fashion house Escada will gamble part of its shrinking reserves on persuading bondholders to sign up to a debt restructuring before it runs out of money, a source with knowledge of the situation told Reuters.
The luxury off-the-peg womenswear fashion house Balenciaga (PPR) announced on Friday 12 June that it had opened its first two boutiques in mainland China and expressed its intention to develop its implantation there.
French luxury firms are seeking to increase their presence in the Gulf to help offset the impact of the global financial crisis on the sector, a group repesenting 70 top-end labels said Friday 12 June.
Jimmy Choo is launching, in association with the Elton John AIDS Foundation which is concerned with AIDS prevention, a capsule collection, of which 25% of all sales will be used to finance the foundation’s Simelala centre in South Africa.
Massimo Dutti is continuing its international development. The label from the Spanish group Inditex has made its first foray into two new markets, Colombia and the Philippines, bringing the number of countries in which the brand is present up to forty-one.