Must Read: Why Dior Men and Valentino Showed in Japan, Gucci to Launch a Fine Jewelry Collection Next Summer
Plus, Abercrombie & Fitch posts strong third quarter results.
PvH
Must Read: Grace Coddington And Her Cat Cover 'Puss Puss' Magazine, NikeLab Partners With Emerging Designers
Plus, Nicopanda is hosting a sample sale to benefit the American Refugee Committee.
How Bra Startup True & Co. Got Acquired by Calvin Klein Owner PVH
Both parties stand to benefit significantly.
Karl Lagerfeld Finds a New Investor in Calvin Klein Parent Company PVH
The designer's namesake brand has big plans for expansion.
Calvin Klein CEO Tom Murry Retiring After 17 Years
His replacement, a fellow Calvin Klein exec, will have big shoes to fill.
H&M, Zara Make Commitment to Safety Reform in Bangladesh
In the wake of the recent Bangladesh factory accidents (the Rana Plaza collapse that has killed 1,127 as of today, and, more recently, a fire that killed eight), the call for labor reform in the Bangladeshi garment industry has grown louder and louder. As pressure mounts, both in Bangladesh and abroad, it seems that industry execs and government officials are finally taking the first steps towards creating a safer, more fair work environment in Bangladesh.
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Fashion Biz News: Hilfiger Invests in Kors, Moda Operandi Raises $10 Million, Deb Files for Bankruptcy
It's been a busy week for the fashion business.... This morning, WWD suggested that serial investor Tommy Hilfiger might be spending some cash on the fashion brand Michael Kors, which is trying to raise around $500 million for a global expansion plan (including an IPO). In the past, Hilfiger has invested in the likes of Karl Lagerfeld and is currently a consultant for the English heritage brand Belstaff. With Hilfiger's namesake brand now owned by conglomerate PvH, he obviously has an extra bit of time on his hands--or at least space is in his brain--for new projects....
What Will Happen to Tommy Hilfiger?
Earlier this week, rumors circulated that London private equity firm Apax Partners was in talks to sell Tommy Hilfiger to Phillips-van Heusen, a US co