The group of Nordstrom family members seeking to take the eponymous U.S. department store private is offering preferential terms to potential equity partners willing to fund the buyout, according to sources.
French luxury group Kering delivered a forecast-beating rise in first-half operating profit on Thursday reflecting a continued revival of its biggest brand, Gucci, and a strong showing by Yves Saint Laurent.
Traffic was moderate but the mood ebullient at Pure London, the fashion trade show which this season focused on interplanetary travel, exotic ethnic designs and techy sportswear. The three-day show ended Monday night.
The fashion company is combining its brand and go to market marketing teams into one department, to be led by Vincent Jeanniard, Head of Global Marketing, assisted by Rob McIntosh as Chief Brand Officer.