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MAGIC LAUNCHES IFF MAGIC JAPAN NEXT MONTH

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Last year, Accessories parent company UBM announced a new joint venture, bringing MAGIC–fashion’s largest global tradeshow–to Japan. Now, IFF MAGIC Japan is almost upon us, with a slew of emerging fashion and accessory brands. The new joint venture, between MAGIC and JFW-International Fashion Fair, Japan’s longest running, bi-annual apparel tradeshow, was organized by …

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DETAILS EMERGE ABOUT ESSILOR AND LUXOTTICA’S $49 BILLION MERGER

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The shake up throughout the Italian luxury eyewear industry continues as details about Essilor and Luxottica’s $49 billion merger are revealed. The shareholders agreement, published by Luxottica Group, says: “Luxembourg-based Delfin is controlled by Luxottica boss Leonardo Del Vecchio and, following the Luxottica-Essilor merger, will confer to Essilor its stake in …

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KARL LAGERFELD LAUNCHES COLLECTION WITH SWAROVSKI

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A first look at Karl Lagerfeld’s collection with Swarovski has arrived, and it’s fabulous. The Karl Lagerfeld jewelry collection reflects the Karl Lagerfeld brand’s feminine, Parisian-chic aesthetic with a bold, edgy twist. Contemporary styles including necklaces, bracelets, rings and earrings are finished with gold plating, rose gold plating and rhodium …

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KERING EYEWEAR AND MAISON CARTIER ENTER EYEWEAR AGREEMENT

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In a move that could turn out to shake up the luxury eyewear industry, Kering Eyewear has entered an agreement to develop, manufacture and distribute Maison Cartier eyewear. The deal includes Compagnie Financière Richemont, Cartier’s owner, acquiring a minority stake of 30% of Kering Eyewear and integrating Cartier’s manufacturing facilities in …

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ACCESSORIES COUNCIL ANNOUNCES THE 21ST ANNUAL ACE AWARDS HONOREES

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Every year, the Accessories Council pays tribute to leading designers, retailers, journalists, celebrities and emerging brands who have made significant contributions to the accessories industry over the last year at its Accessories Council Excellence (ACE) Awards. This year marks the 21st year and the ceremony is scheduled for Monday, August 7, …

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IVANKA TRUMP FINE JEWELRY FOLDS IN FAVOR OF MASS MARKET LINE

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Ivanka Trump is eliminating its fine jewelry collection, which has been floundering in recent months, and is turning its jewelry efforts into promoting its mass market line instead. Abigail Klem, president of the company since its founder’s departure post-election, issued a statement saying, “As part of our company’s commitment to offering …

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NRF AND OBJECT MANAGEMENT GROUP PARTNER ON RETAIL TECHNOLOGY

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The National Retail Federation (NRF) and Object Management Group (OMG) have announced their new partnership that allows for OMG to manage a portion of the functions previously performed by NRF’s Association for Retail Technology Standards division. Under the partnership, OMG will assume responsibility for the following standards: • Retail Data …

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UNDER ARMOUR TAPS CLAY DEAN AS CHIEF INNOVATION OFFICER

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Under Armour has announced that Clay Dean has joined its executive ranks as Chief Innovation Officer. Dean comes to the company after more than 20 years at General Motors (GM) and will be responsible for driving Under Armour’s global vision and strategy for Innovation, and cross-functional collaboration with its internal Design, Marketing, Product, …

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NAUTICA INKS LICENSING DEAL WITH MUNDI WESTPORT GROUP FOR HANDBAGS AND MORE

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Nautica Apparel, Inc., a subsidiary of VF Sportswear Inc., a division of VF Corporation, has signed a licensing agreement with Mundi Westport Group for the licensed manufacture and distribution of Nautica Women’s handbags, small leather goods, tech and travel accessories. In keeping with Nautica’s water-loving look, the first collection will incorporate a bright …