The private equity firm acquired 90% of the capital of the Italian fashion house. Francesco Trapani is the new Chairman of Roberto Cavalli and Renato Semerari is appointed CEO
The American Apparel and Footwear Association (AAFA) claims the existence of a “rampant proliferation of counterfeit apparel and footwear” on the Taobao platform of China-based company Alibaba
The US–based designer and marketer of fashion footwear and accessories for women, men and children, announced decline in first quarter's profit despite increase of 6.3% in net sales
This represented the 20th straight quarter with net revenue growth above 20%. The company reviewed its net revenue outlook for 2015 raising it to approximately 3.78 billion US dollars
The Spain-based group owns two brands, Callaghan and Gorilla, and has been in business for almost 5 decades. Mr Basilio García is the son of the founder and current CEO of the group
The international shoe manufacturer and retailer opened its first ever store in Pakistan, in the city of Karachi. Further stores will also be opened up in Lahore and Islamabad