Agenda-setting intelligence, analysis and advice for the global fashion community.
"The issue is likely to become a central one for increasing numbers of European and American clothing labels, as a generation of designers in their 70s and 80s prepares to retire. Several of fashion's most prominent founders are hitting retirement age, including Ralph Lauren, Giorgio Armani, Carolina Herrera and Oscar de la Renta."
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CVC Capital Partners is considering buying a stake in the fashion jeweller from private-equity firm TPG Inc., according to people familiar with the matter.
With its forthcoming reboot of classic 1990s scents like Grass and Om, the American retail giant is hoping to re-enter beauty with a contemporary twist on its old playbook.
As weak appetite for handbags and geopolitical tensions weigh on fashion sales, luxury groups are leaning on high-performing jewellery to help boost growth and steady profit margins.
The department store has more than doubled the size of its fabrics department and will host crafting classes this autumn as social media drives a surge in activities like sewing.
