Perry Ellis International Inc. has signed four new license agreements for its Original Penguin by Munsingwear brand. In the U.S., the company has entered into agreements with The British Apparel Collection Ltd. and Tattoo Watches LLC to manufacture and distribute men’s hosiery, and men’s watches and jewelry, respectively. Under both agreements, product will be distributed […]
Month: January 2012
Louboutin/YSL Battle It Out In Court
NEW YORK — Christian Louboutin sat nervously at the end of a dark, wooden bench in the Daniel Patrick Moynihan courthouse in Manhattan Tuesday afternoon, listening attentively as his lawyers argued before a panel of three Appeals Court judges who will soon determine the fate of his red-sole trademark. “For YSL and [its parent company] […]
Bagwire Update: Coach Posts Big Sales Gains
Coach Inc. posted double-digit percentage gains in both income and sales for the second quarter ended Dec. 31. Income for the quarter rose 14.5 percent to $347.5 million, or $1.18 a diluted share, from $303.4 million, or $1 a share, last year. Sales rose 14.6 percent to $1.45 billion from $1.26 billion. North American comparable […]
Retailers Applaud Obama’s Plan To Boost Tourism
President Obama believes more foreign tourists can help boost the U.S. economy — and retailers agree. The President on Thursday granted one of retailers’ long-held wishes when he signed an executive order that seeks to dramatically reduce visa processing delays, increase tourism and create jobs in the U.S. The move was applauded by major retailers, […]
Puig Snags Ralph Toledano
PARIS — Putting more management muscle behind its fashion activities, Puig has hired Ralph Toledano to run its key Paris-based houses: Jean Paul Gaultier and Nina Ricci, Glamwirehas learned. According to market sources, Toledano, best known for his 11-year stint as chairman and chief executive officer at Chloé, is to become president at Gaultier later […]