The North Face has announced that it aims to double its sales turnover by 2015. The American brand, that offers outdoor gear and wear, hopes to expand its presence, particularly in Asia, and to strengthen its retailing network.
German lingerie group Schiesser has emerged from insolvency proceedings as it prepares to float on the Frankfurt Stock Exchange in the second quarter of 2011, according to a company statement issued on Tuesday.
French regulators will consider on Thursday whether Hermes family shareholders can pool holdings as a takeover defence without having to make a bid of their own, according to a person familiar with the matter.
The founder of Tod's Diego Della Valle and his brother completed the sale of a minority stake in the Italian luxury goods maker on Wednesday, which has left investors guessing about their future plans.