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Showing posts with label British Fashion. Show all posts
Showing posts with label British Fashion. Show all posts

Monday, March 31, 2008

Party & Day Dress

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H&M sales increased with 18%



For the first three months of the financial year, fashion retailer Hennes & Maurits published its sales increase of 18%. The profit of the company came down to €21 billion (SEK19,74 billion, excluding VAT), compared to €17,8 billion for last year. The first quarter of 2008 ended on 29th February 2008.

The net profit of the Swedish fashion retailer ended on €313 million. This is an increase of 28% in comparison to the net profit in 2007 (€245 million). The sales developments are mainly the result of the higher quality of the collections, and the increased internet- and catalogue sales. Due to the dollar price, the low wholesale and transport costs also contributed to H&M positive figures.

Next to in-house fashion labels such as L.O.G.G and Devided, the fashion company also carries the label COS (Collection Of Style). Last year London saw the launch of a shop dedicated to COS on Regent Street. At the beginning of March, H&M acquired shares of Swedish Fabric Scandinavian and denim label Cheap Monday. These acquirements are not included within the first quarter.

H&M launched eleven new stores and closed down four in the first quarter of 2008. The number of stores amounted to 1,529 on 29th February 2008 versus 1,351 the year before. For the second quarter of 2008, the company is looking to open another 54 stores, mostly located in the UK, US, Spain, Italy and Germany.


Source: http://www.fashionunited.co.uk/

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Sunday, March 30, 2008

British Fashion










Stitched wool mix dress by John Bates at Jean VaronPhotograph by Barry Lategan, Vogue August 1971. Copyright The Conde Nast Publications Ltd




British fashion is known throughout the world for it tradition and iconoclasm. The Fashion Museum has important collections of the work of many British designers, many of whom are less well-known than the big names who feature regularly in histories of 20th century fashion, but who have made equally significant contributions to British fashion.
Work by different British fashion designer will be featured from time to time in the Fashion Museum galleries. The designers currently featured all worked in the 1970s and 1980s and are John Bates, Janice Wainwright, Wendy Dagworthy and Sarah Dallas.
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