The monument to retail therapy on the right bank of the Seine, closed since 2005, is set to undergo a three-year, 450 million euro redesign that will transform it into a luxury hotel, with adjacent buildings housing offices, public apartments, and of course, shops.
The Dutch denim brand has started a number of legal actions against Danish group Bestseller for copying its Elwood jeans and using the face of Gemma Arterton. Bestseller, on the other hand, denies all of the accusations and is not the least impressed by G-Star's behaviour.
France granted a few top hotels the right to call themselves a "palace" on Thursday, a label which distinguishes them from rivals and is designed to boost the country's profile as a luxury destination.
Gap Inc forecast first-quarter earnings below market estimates, as it wrestles with rising raw material costs and the impact of the March earthquake in Japan -- home to almost all the company's 150 or so Asian stores.
New Look confirmed that Barbara Horspool has decided to remain in the post of design director for the women’s line, on the condition that she is given more responsibilities. The group is also supposedly in talks with Alistair McGeorge for the president role.
The Parisian trade show has reported a 3% increase in attendance and professionals are starting to talk about a near end of the crisis and a return to normal number of orders. However, a cautious mood still prevails.
New life and new strategy for the Crémineux brand: with the creation of a new design office and a showroom in New York, the establishment of Stéphane Crémieux and his family in this city marks an important step in the history of the preppy French brand.