Fashion

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    Escada will face insolvency if revamp fails

    German fashion house Escada will face insolvency if its plan to raise fresh cash, replace a bond and renegotiate credit lines fails, Chief Executive Bruno Saelzer said on Tuesday 28 April.

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    O’Neill finds new CEO

    After the departure of Andreas Adenauer in December 2008, O’Neill named Tom Heidman as CEO temporarily; a permanent replacement has at last been found in Jan Valdmaa.

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    Inditex signs licensing contract with Hello Kitty

    Sanrio, the Japanese company which owns the imaging rights of the most famous kitten in the world, Hello Kitty, has signed a licensing contract with clothing giant Inditex. Resulting from...

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    Safilo CEO says no deadline for talks with funds

    Italian eyewear maker Safilo's main shareholder is continuing talks with, mainly, four private equity funds and a deal is hoped for before end-June, chief executive Roberto Vedovotto said...

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    No deal with Golden Gate to buy Children's Place

    Ezra Dabah, board member and former chief executive of Children's Place Retail Stores Inc, said there was no current deal in place with Golden Gate related to a potential acquisition of...

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    ASOS says recent trading buoyant

    Strong demand for jumpsuits, playsuits, peg leg trousers and eighties style shoulder-padded tee shirts helped Internet fashion retailer ASOS post buoyant recent trading on Monday 27 April.

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    Alexon's Bay Trading put into administration

    British fashion retailer Alexon Group Plc said on Friday 24 April it had put its loss-making subsidiary Bay Trading into administration, but the unit would continue trading with a view...

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    John Lewis weekly sales drop 11.6 percent

    John Lewis, the employee-owned group seen as a barometer of retail spending, reported a plunge in weekly sales at its department stores Friday 24 April, hit by warm weather and the timing...