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Perry Ellis Intn’l Inks Deal with Fantasia for Rafaella Accessories

In What's New, Industry News by Accessories Staff

Miami, FL—Rafaella, the popular women’s sportswear brand known for its “Perfect Fitting Pant,” will soon be marketing the “perfect accessories” as well. Perry Ellis International Inc., which owns Rafaella, announced last week that it entered into a license agreement with Fantasia Accessories Ltd. for Rafaella brand accessories. Scheduled to debut …

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Item of the Day: Lotuff

In Item of the Day, What's New by Accessories Staff

Item of the Day: Lotuff While sales of consumer electronics haven’t been doing as well as expected this holiday season, there’s been a stand out: the iPad mini, the smaller sized tablet computer by Apple. In fact, Walmart reported it sold more than 1.4 million tablet computers during its Black …

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Report: Private Equity Firm Makes Bid on Lancel

In What's New, Industry News by Jeff Prine

Paris—Even though owner Richemont, the Swiss luxurygoods conglomerate, won’t confirm intended sales, sources said Wednesday that private equity firm Change Capital made a non-binding offer for Lancel, its French leathergoods brand. According to a report by Reuters, Lancel is one of the brands—supposedly along with Chloe—that Richemont intends to sell …

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Report: Richemont to Sell Lancel?

In What's New, Industry News by Jeff Prine

Paris—Although Cie Financiere Richemont, the luxurygoods company, declined to confirm rumors, reports circulated today that its venerable French handbag company Lancel is being put up for sale. Richemont, which also owns Cartier, Piaget, Van Cleef & Arpels, and Montblanc, reported hired Nomura Holdings Inc., the investment bank, to look into …

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Ferragamo First Half Profit Jumps 81%

In What's New, Industry News by Jeff Prine

Florence, Italy—Salvatore Ferragamo reported today that its first half profit jumped 81% thanks to improved sales and its withdrawal from a joint venture with Ermenegildo Zegna. The Italian footwear and accessories company posted a net profit of 83 million euros (about $107.1 million) for the six month ended June 30. …