Hugo Boss has extended its Boss Kidswear license deal with the France-based CWF Group to take in the Hugo Brand. It means a Hugo Kids collection developed for boys and girls aged 4-16, but with a focus on teenagers.
Authentic Brands Group (ABG) announced on Monday a new licensing partnership with Groupe Lemur Inc. (GLI) for the manufacturing and distribution of Izod swimwear, ski and outerwear for kids in the U.S. and Canada.
Frasers Group is never far away from mulling an acquisition, or at least heading the media rumour mill in one. So Monday brought news the UK group may be making a play for online fast-fashion retailer I Saw It First.
Shares in Burberry and Richemont slumped on Friday, hit by concern over the damage to the luxury industry from China's COVID-19 lockdowns as dismal GDP data from the country cast a gloomy outlook for the future.
Richemont said on Friday that the latest quarter saw strength in Europe, Japan, the US and Middle East. But Asia Pacific was hit by Covid issues in China. It was similar to Burberry, which reported on the same day.
Burberry's Q1 trading update on Friday had both good news and bad as EMEIA's recovery continued impressively, but Mainland China was hit by Covid restrictions and the Americas stuggled against tough comaprisons.