Month: November 2019

British fashion brand Ted Baker is pleased to announce that so far 2008 turns out to be a good year. The resolutions as set out in the Notice of Meeting contained in the Annual Report and Accounts for the year ended 26 January 2008 were passed unanimously. Ted Baker announced a 8.4% increase in Group revenue for the 19 week period from 27 January to 7 June 2008 compared to the same period last year, with gross margins in line with expectations. Retail sales for that period were 15.4% above the same period last year, driven by its well received spring/summer collections. Average retail square footage rose by 13.6% over the period to 172,696 sq.ft. compared to 152,043 sq.ft. in 2007. During the period Ted Baker announced the launch of their second standalone store dedicated to womenswear in South Molton Street, London and the opening of the ‘Ted Baker & Friends’ store on Cheapside, its first store in the City of London. Further store openings included Heathrow Terminal 5, Belfast and Cambridge.

Even though the wholesale sales for the beginning of 2008 were 8.6% below the same period last year, this is an improvement on the figures reported at the time of Ted Baker’s preliminary announcement. The company anticipates that the conditions will remain challenging for some of its wholesale customers during 2008 and will continue to take action in respect of those customers who are no longer appropriate for our brand. Ted Baker expects wholesale sales for 2008 to be below the level achieved for the period 26 January 2008.

Commenting on trading, Ray Kelvin, Founder and Chief Executive, said: “Considering the tougher retail climate, we have been pleased with our performance across the Group and the positive reaction from customers to our Spring Summer collections. We plan to open further stores in White City (London), Bristol and Liverpool in the second half of the year and a further licensed store will open in Dubai in early September. We continue to consider further opportunities for the careful expansion of our brand, both in the UK and overseas and continue to develop the range and quality of our collections as exemplified by our premium womenswear collection ‘Langley’.

As always, full year results are dependent on trading in the second half of the year, however, we believe that our continued focus on high product quality and attention to detail combined with our robust multi channel distribution model, means that we are well placed to deliver further progress in 2008.”

Image: Ted Baker

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Danish children’s clothing brand Name it, formerly known as Exit dedicates four collections to style icon Helena Christensen. The former model created a limited children’s edition for the fashion brand. Christensen who has won several nominations for her fashion sense used her original style as the inspiration for the new Name it range. On the collection Christensen commented: “Designing a children’s collection is something truly new to me. I have used my son and myself as inspiration for the collection and designed what both of us would like to wear ourselves.”

Helena Christensen’s Name it collection is for children aged 0-10 years and is divided into the following three collections Newborn, Mini and Kids.

The Berlin shop opening planned by the Japanese lifestyle company Muji should take place this week. According to its management, Friday, May 16th should see the shop on Hackescher Markt open its doors at 10.00 am for the first time, providing citizens of the capital with access to “a world of purist and timeless functional designs”. The new Muji store is set to occupy over 430 square metres of sales floors across two levels, with its location being the renowned address Hackescher Markt 1.

 

Following openings in Munich and Düsseldorf , the Berlin branch will be the third in operation across Germany. Despite differences in size and location, the interior design of the three stores is intended to originate from the same mould, and the simplicity should enable customers to focus clearly on the shop’s true substance: The in-store product palette.

This ranges from office articles to kitchen utensils and accessories, electrical devices and clothing… According to the company, all of its articles are intended to following the principle of “mujirushi ryohin” (In brief: MUJI), meaning “quality products without labels”. This is a philosophy that Muji maintains with consistency and it has already won over many fans around the world. After all, Muji products have already been distinguished with the converted “iF award” designer prize from the Institut für Industriedesign in Hanover.

The company management is convinced that the new MUJI store in Berlin will become a further milestone in the success story of the Japanese lifestyle company. The brand is currently operating 416 stores worldwide, of which many are located in the best parts of major cities such as New York, Milan, Stockholm and London. This year will also see further openings, making Rome, Istanbul and Madrid additional homes of Muji.

MUJI has been active in Germany since 2005: According to company information, the stores in Düsseldorf (which has a sales area of 550 square metres) and Munich (with its 700 square metres making it the largest Muji lifestyle store in Europe) have been enjoying growing popularity with German customers, with spirited sales in both the Kö-Galerie in Düsseldorf and the 5 Höfen in Munich. Expectations for the new Berlin branch are thus optimistic and high. In the words of Akihiro Kamogari, the company’s manager for Germany: “We are delighted to be able to continue with the Muji success story in such a highly exposed location in Germany’s capital city. After all, we are often asked when Muji will finally be coming to Berlin”. He adds enthusiastically: “We are certain that we can offer the Berliners a new and attractive lifestyle world with Muji and we shall of course be providing Muji fans with particularly attractive offers during the first few days of opening”.

How this will look and how eccentric the range of products on offer to the design-spoiled citizens of Berlin will be, none of this is yet known. However, the high expectations of the company may well be fulfilled anyway. After all, there is hardly a shop on the Hackescher Markt that is not doing well.

Image: Muji

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Next has become the latest company to scale back targets for its executive-incentive plan. The high-street retailer has priced its new scheme to pay out at a far lower level than the current deal. The move comes amid rising concern that big companies are making life easier for managers. Marks & Spencer last week cut the earnings target for chief executive Sir Stuart Rose and his colleagues as trading faltered.

Next’s new plan, approved at last month’s AGM, is expected to pay out at between £16 and £20, significantly less than an existing scheme that will see Next executives miss out on a £13m windfall next month. Top managers, including chief executive Simon Wolfson, had used their own funds, matched by the company, to make a £2.6m four-year “bet” in 2004 on the share price hitting at least £20 by July this year. Under the company-sponsored scheme, about 20 bosses stood to share the maximum payout if the shares reached £24.The share price reached £24.37 last summer, but closed on Friday at £11.60.

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Stylenoir.co.uk is joining forces with Iconique.com and Societás to lend its support to the ‘Iconique Societás Awards’ as a media partner for 2008. Known for supporting emerging talent and tracking down directional trends across both its online magazine and in its publication The Black Book of Fashion and Art, Stylenoir.co.uk will be covering the awards and giving coverage to the winning entries. The event will also be covered in Iconique.com as a podcast and editorial.

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Launched in 2007 by award-winning Dutch creative director Joost van Gorsel and founder and CEO of Societás Melissa Sterry, the ‘Iconique Societás Awards’ will present the worlds best emerging and most influential fashion visual arts talent. Joost van Gorsel is also publisher of fashion zine Iconique.com, which was recently voted one of the top ten online fashion magazines in the world. Having launched as the ‘Iconique Societás Excellence in Fashion Photography Awards’ in 2007, the awards were re-branded as the ‘Iconique Societás Awards’ earlier this year after the addition of a new prize category for fashion illustration.

The awards jury has doubled in size this year and includes an international collective of influential creatives including Dutch photographer Ari Versluis, fashion designer Arkadius once dubbed ‘mad, bad and dangerous’ by Colin McDowell, Brit milliner Louis Mariette, award-winning New York designer Natalia Allen and top stylist Rod Roodenburg to name but a few. Iconique.com and Societás have announced two further judges joined the jury – CEO of Stylenoir.co.uk and publisher of The Black Book of Fashion and Art James Mills and Cypriot designer, filmmaker and publisher of cult fashion blog “Un nouVeau Ideal” Filep Motwary.

Last year’s awards received entries from fashion creatives in the UK, EU, US, Asia and beyond. Iconique and Societás plan to extend the award categories yet further in 2009. With the awards the initiators want to embrace the full spectrum of the fashion visual arts, including fashion filmmaking and fashion spatial design. The deadline for entries will be Friday 26th September 2008. Winners will receive coverage in various publications.

Image: Exactitudes

If you thought London is the UK’s only fashion capital think again. Coast city Brighton is presenting its own Fashion Weekend from Friday 13th to Sunday 15th June, brought to you by the organisers of Brighton Frocks. This year Brighton Frocks Fashion Show will be part of Brighton Fashion Weekend featuring designer Suzie Turner, bespoke tailor Oliver Woo, couture designer Joanne Fleming and retro-inspired label Dolly Daisy Design. Visitors can expect exclusive workshops, fashion parades, Open Studios, shop discounts, fashion installations, and special film screenings.

Brighton Frocks Fashion Show combines theatrical performances with fashion and provides local designers with an annual platform to exhibit their work. Most of the designers manufacture everything in Brighton.

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All countries where sports brand adidas is represented, will launch an online store. The websites of adidas will offer a selection of its assortment for the same prices as at regular retail places.

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Gap has made its London-based European design team redundant in a cost-saving exercise where eighty of its design staff will be without jobs. Two-and-a-half years after it Euro operations were launched, the US conglomerate, which also owns Old Navy, said it could no longer justify employing separate designers in Britain for its UK and France ranges.

The European design team was launched with fanfare in 2006 to give Gap’s clothes a more distinctive European flavour. The U-turn comes as the company seeks to improve its merchandising and stock control in a bid to reduce sale discounting. Gap last week reported a 9 per cent decrease in year on year sales.

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Inspired by Scottish artist and architect Charles Rennie Mackintosh and Parisian Can Can dancer, Kinder Aggugini fuses Mackintosh’s structured shapes with luxurious rich prints and vibrant colours together for this summer. Kinder continues his sleek tailoring, softening the edges and shapes of his design. Fifties skirts are given loose puffball folds and hemline colours are bled and frayed with black tweed fabric trimmings.

In this colourful collection, Kinder created blurred floral prints seemingly painted in water colours. Found on his Twenties silhouettes and cancan skirts, the prints lend a youthful and fresh feel to the designs. In contrast to the light prints, pastel English summer tweeds are designed in the palest of blues and soft pinks. As always, central to Kinder’s collection are his jackets, which this season have a Scottish highlander undertone to them.

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You have not yet ordered your tickets for BBBarcelona Winter 2009? By the end of October we will start to send out yourB&B tickets again!

Contact your personal AGM Agent now and get your tickets delivered by post prior to the event and free of charge!

Employees that are no yet registered with BREAD & BUTTER and need tickets have the possibility to easily register online.

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