Manzanita Capital, the London-based private equity fund, has purchased the privately owned French scent and candle company Diptyque for an undisclosed sum. Manzanita said in a statement last Friday it planned to build Diptyque through its existing points of sale and fortify the infrastructure of the business. The statement said Diptyque’s founders, Yves Coueslant and…
Month: November 2019
Retailers to face rate increases
Many retailers will face rises in property rates as the first revaluation for five years takes effect from the 1st of April.As the property market changes in value, so too do their rates which are subsequently re-calculated. Some retailers may find there rates increased by up to 33.4 per cent. The increases come from the…
Shrewd Jacobs
When Tom Ford left Gucci last April people mourned the fact. However, another stellar designer, Marc Jacobs, used Ford’s departure to his advantage. Jacobs was actually offered Ford’s job at Gucci when the latter left. With this offer in hand, Jacobs managed to improve his deal with employer LVMH. The result was more money and…
Agent Provocateur conquer Paris
Agent Provocateur, the British lingerie label synonymous with all that’s sexy (and of course naughty but nice) has unveiled its line to the French during Paris Fashion Week on Wednesday. Vivienne Westwood’s son Joseph Corre – the label’ founder – along with his wife Serena Rees, hosted a fashion show and cocktail party in the…
Madonna’s gold handbag Green with envy
Madonna’s gold Versace handbag could be waiting under the tree for retail billionaire Philip Green’s wife, Tina Green, this Christmas. Mr Green is very interested in the handbag signed by the Material Girl which failed to fetch its £5,500 reserve at a charity auction on Monday. PR agency Identity One, which staged the Halloween bash…
The new it-bag
So, you probably thought your bag collection was complete. You finally succumbed to that gorgeous little Gucci number and the bright yellow Mulberry Jaquetta, and that would take care of it. However, a new brand has hit the market and is now available at Harvey Nichols. Be&D bags was launched a mere eleven months ago…
Hermes Q2 sales are up
Luxury house Hermes has reported a rise in second quarter sales of 6 percent ot €324.3 million (£224.8 million) at current exchange. Sales in the second half ended 30 June climbed 4.6 percent to €649.1 million. At constant exchange rates the increase would have been 6.2 percent. A research note released by investment bank Merrill…
Littlewoods evening wear
Littlewoods catalogue Even More is moving up market with a range of eveningwear care of designer duo Sadie Frost and Jemima French. The two women, who launched the successful upmarket FrostFrench label, have named the Even More range French Kiss. The new collection is on sale on Littlewood’s website and in the latest catalogue. Click…
Lee Jeans and Goose collaboration
Lee Jeans Europe has collaborated with Goose Design on the development of its brand identity. With Goose Design’s help the brand has introduced new concepts, which have helped revive it. Goose was also approached by Lee Jeans Europe to help create a new, contemporary label strategy for it. Lee Jeans has a strong reputation and…
Marchpole takes a hit
Marchpole has seen its first half earnings drop as a result of a tough trading environment. The British apparel company – which produces clothes for brands like Yves Saint Laurent and Emanuel Ungaro – reported a drop in operating profits to £1.2 million, compared with £2.7 million last year. Pre-tax profits for the period amounted…