IT Holding said it was in talks with a company represented by Billy Ngok, chairman of China's Hembly International Holdings Ltd , but contrary to media reports it had not been in contact with Hembly or its subsidiaries.
The final six contestants on U.S. television's "Project Runway" showed their design collections on Friday, hoping to become the hit show's winner and someday join the professionals on the fashion show circuit.
Swatch Group would consider buying a well managed retailer in Europe, the Chairman of the world's largest watchmaker was quoted as saying on Thursday, but he ruled out a takeover of Junghans or investing in Peace Mark.
Italian fashion brand Romeo Gigli has not decided on a successor to Gentucca Bini, who quit as designer on Wednesday little more than a week before womenswear shows, Chief Executive Pierluigi Mancinelli told Reuters.
Luxury goods group Richemont said it was well positioned to cope with the economic downturn as the rich still spent lavishly, but a softening in the United States weighed on its stock. By 0826 GMT (9:26 a.m.