PPR luxury group selling its American plus-size clothing business PPR announces that Redcats has entered into a definitive agreement to sell OneStopPlus Group, its plus-size business in the United States, to Charlesbank Capital Partners and Webster Capital for an enterprise value of USD 525 million. OneStopPlus Group consists of the OneStopPlus.com, Woman Within, Roaman’s, … Read more
PPR luxury group third-quarter 2012 revenue PPR continue to boast strong performances even as growth cools in the luxury and high-end market PPR posted third-quarter 2012 revenue of €2.6 billion, up 6.6% versus the same 2011 period on a comparable basis. PPR’s Luxury division posted an 11.9% leap in revenue in the third quarter of the … Read more
The St. Regis Hotel New York debuts the Bentley Suite this fall After Jaguar suite at 51 Buckingham Gate, Taj Suites and Residences in London unveiled in 2011, Starwood’s St. Regis Hotel New York continues the tradition of luxury theme suites. After Dior (since September 2011), Tiffany (since June 2011), and Bottega Veneta suites (at … Read more
Milan Menswear Fashion Week Schedule The most important maisons of Italian fashion present the innovations of Spring/Summer 2013 prêt-à-porter for men at Milano Moda Uomo Week running June 23 – 26. During the event more than 100 fashion shows and presentations take place; Italian and foreign journalist attending are more than 1000 and buyers are … Read more
The ongoing Van Cleef & Arpels’ “Timeless Beauty” exhibition at the Museum of Contemporary Art in Shanghai is presenting more than 100 years of Van Cleef & Arpels’ history. More than 370 selected pieces recreate the road to perfection through famous techniques and generations of master jewelers. 2luxury2 had the chance to speak about the … Read more
Strong Q1 sales growth for French luxury group PPR • Group sales up 8% comparable, +15% reported • Luxury division: +18% comparable, +29% reported • Sport & Lifestyle division: +3% comparable, +15% reported In the first quarter of 2012, PPR posted €3.3 billion in revenue from continuing operations, up 7.9% on a comparable basis and … Read more