PPR and Yoox to launch Stella McCartney e-store PPR’s Stella McCartney e-store has been added to Yoox portfolio, the global Internet retailing partner for leading fashion & design brands. The joint venture agreement already includes Bottega Veneta, Yves Saint Laurent, Alexander McQueen, Balenciaga and Sergio Rossi. The Stella McCartney online store will be launched globally … 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
PPR & Yoox prepare a joint e-commerce project French luxury group PPR and Italian online fashion retailer Yoox are holding commercial discussions to examine the possibility of working together on an e-commerce project “No definitive agreement has been signed to date,” PPR said in a statement. Shares in Yoox rose more than 10 percent after … Read more
Yoox CEO Federico Marchetti Expects Profitability to Increase in 2012 Italian internet mail order luxury retailer Yoox expects profitability to Increase in 2012. Yoox climbed 8.6 percent, the most in more than eight months, in Milan trading on Feb. 9 after reporting a 36 percent increase in 2011 revenue that exceeded analysts’ estimates. North America … Read more
Faux Fur May Not Be So Faux Faux fur may amazingly look like real beacause its real. Humane Society of the United States filed a legal petition with the Federal Trade Commission alleging that 11 retailers have falsely labeled or advertised fur fashions as being “faux fur.” The Humane Society says Barneys, Neiman Marcus, Gilt, … Read more