Raen is expanding directly in Europe with the formation of a new European division, Raen Optics GmbH, or Raen Europe. Christian Grund, founder of Raen’s former European eyewear distributor, Eyegents, will lead the geo.
Steinhoff said on Thursday that around 90% of creditors for several subsidiaries supported an agreement to hold off debt claims for three years, an important step in restructuring the scandal-hit South African retailer.
Canadian retailer Hudson’s Bay Co. has responded to reports that it is selling half of its European business to Signa, confirming that the companies are in talks but denying that a definitive agreement has been reached.
Saks Fifth Avenue owner Hudson’s Bay Co is in discussions with Austrian property and retail group Signa Holding GmbH about a joint venture for its German retail chain Kaufhof, two sources said on Monday.
At the first show on the official calendar of Paris Fashion Week Men's, designers Emma Hedlund and Saif Bakir took their contemporary streetwear to Paris' École Nationale des Sciences de l'Informatique.
New space, new concepts, new owners. Change is part of the daily routine for Premium Group. FashionNetwork.com met with co-founder and managing director Anita Tillmann to discuss the market and the group’s plans.