L’Oreal to launch men’s cosmetics

L’oreal is set to board the men’s grooming bus with an antiaging series called Men’s Expert, a venture that is believed to be the mass market’s first collection of antiaging skin care products for men. Rob Robillard, senior vice president of marketing for L’Oréal Paris, said, “Twenty percent of men use skin care today. AnotherRead moreRead more

Future Of London Fashion Week

What does the future for London Fashion Week hold? The British Council do not seem to wield the same power that organisations in New York, Paris and Milan seem to render, nor do they seem to be able to attract the same level of international buyers and press. Whereas in other countries celebrities, top buyersRead moreRead more

Nike goes high-tech

Those who love the outdoors and all things gadgets will have the ultimate new toy to play with in the CommJacket, the latest high-performance piece from Nike ACG (that’s All Conditions Gear, for the uninformed). Launching in time for one of the coldest seasons on record, the CommJacket has an inbuilt two-way radio, enabling hoursRead moreRead more

Saks fires executives

On Monday, Saks Inc. announced that it had fired its chief accounting officer and other top executives following an internal investigation. The company was investigating improper collections of markdown allowances and found that $20 million (GBP 10.7 million) had been taken from vendors between 1999 and 2003, The Associated Press reported. Saks, which is alsoRead moreRead more

Alexon disappointing first half

British clothing and footwear retailer Alexon has produced disappointing first half results, partly attributed to a tough consumer climate on the high street. Alexon, owner of chains such as Bay Trading and Dolcis, reported pre-tax profits in the first six months ended 30 July of £7.89 million. Sales dropped 1 percent on a like-for-like basis.Read moreRead more

Perry Ellis anticipates record revenues

Perry Ellis International Inc anticipates total revenues for the first quarter ended April 30 2005 to approximate $225 million (GBP 123 million). Compared with $197 million in the same period last year, this means a climb of 14 per cent. The record increase in revenues is in part due to an increase in revenues ofRead moreRead more

Prada for H&M?

Could it be that the next designer to collaborate with retailer H&M will be Miuccia Prada? After Stella McCartney’s smash hit limited collection for the high street chain, the fashion industry has been speculating wildly about who H&M will invite to guest design next. Prada confirmed that she had been approached by H&M in anRead moreRead more

Lagerfeld for less

The name Karl Lagerfeld conjures up images of inimitable style, dark sunglasses, fans a-flutter and adoring fans. Lagerfeld’s career in fashion spans fifty years, from his auspicious start as an apprentice at the house of Balmain to his current roles as creative director for Chanel and Fendi and his own lines, the high-end Lagerfeld CollectionRead moreRead more

TJ Hughes first eBay department store

Discount department store chain TJ Hughes has become the first national retail chain to open an online store with auction website eBay. Companies such as Heals, Vodafone and HP already use the site to sell excess stock, but eBay says TJ Hughes is the first to sell its core products. The “eBay shop” is alreadyRead moreRead more

New Look acquires Littlewoods stores

British high street fashion chain New Look group has purchased 34 stores from the Littlewoods chain owned by retail group Associated British Foods. New Look is looking to boost its retail space to 2.4 million square feet by March 2006 from 1.6 million square feet last year. “This is a great deal and enables usRead moreRead more