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London Fashion Week
Sun Sep 14, to Fri Sep 19 , London, UK

2nd Annual Global Luxury Forum
Wed Oct 01, to Thu Oct 02 , Moscow, Russia

SIHH 2009 (Salon International de la Haute Horloge
Mon Jan 19, to Sat Jan 24 , Geneve, Switzerland

Baselworld 2009
Thu Mar 26, to Thu Apr 02 , Basel, Switzerland

VIEWPOINT

A measure of success
Vodka sector shaken not stirred

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PEOPLE

Halston creative director Marco Zanini bows out early
Halston creative director Marco Zanini is reportedly on his way out, just one season after starting at the revived brand.

SPECIAL REPORT

Raymond Weil set for continued family ownership
Established in 1976, luxury watchmaker Raymond Weil still remains in family hands. LuxuryFinance spoke with President and CEO Olivier Bernheim at the company boutique in Basel on the current state of the business.


TODAY'S TOP STORIES 08:48, 24 Jul 2008

USA:  Coty seeks acquisitions

Coty CEO Bernd Beetz has stated he is seeking acquisitions to grow the cosmetics side of the business....

USA:  NexCen dresses up Bill Blass with Bill Blass Couture

NexCen Brands has acquired Bill Blass Couture, possibly to dress up the Bill Blass assets it already owns for a future sale....

FRANCE:  L'Occitane seeks Eastern promise

French beauty group L'Occitane is set to list on the Hong Kong stock exchange, as it aims to cash in on its success in the Asian market....

UK:  Giles gets crystallised

Fashion designer Giles Deacon is expanding into jewellery, through a partnership with Swarovski....

GLOBAL:  Halston creative director Marco Zanini bows out early

Halston creative director Marco Zanini is reportedly on his way out, just one season after starting at the revived brand....

GLOBAL:  A measure of success

Vodka sector shaken not stirred...

FRANCE:  Hermes reaffirms 'no takeover plans'

The family behind luxury goods brand Hermes has no plans to sell the company,...

FRANCE:  Richemont to sell off Lancel?

Acquisitive luxury goods group Richemont is reportedly considering a sell-off of its leather accessories unit Lancel in the near future....

ITALY:  3i bags 49% stake in Antichi Pellettieri

3i has acquired a 49% stake in Antichi Pellettieri Bags (APBags) for E128m and may look to build the group via future acquisitions....

ITALY:  Sixty taps into luxury sector

The Sixty Group has acquired Italian accessories brand Roberta di Camerino, a brand best known for its colourful bags....

ITALY:  Renaud Pellegrino seeks investment

LuxuryFinance has learnt that accessories brand Renaud Pellegrino is looking for an investor....

ITALY:  'The Golden Slipper' receives investment

US-based Mercurio Capital Partners has invested in Pantofola D'Oro, the Italian high-end manufacturer of football boots, clothing and leisure footwear....

SWITZERLAND:  Bally takes control of Japanese unit

Bally has acquired 80% of the outstanding shares in Bally Japan from Itochu Corp, which is now a complete subsidiary of Bally International, which was recently acquired by Labelux Group....

UK:  Patrick Cox sold for £2.5m

English shoemaker Patrick Cox has reportedly signed an agreement to sell his luxury brand to Lord Eddie Davenport for £2.5m....

UK:  Mulberry moves into shoes

Quintessentially English brand Mulberry is planning to launch a women's shoe line....

USA:  Shoe group Phoenix gets US$17m facility

Phoenix Footwear Group has entered into a US$17m revolving credit facility with Wells Fargo Bank....

CANADA:  Euoko moves into Singapore

Luxury skincare brand Euoko, part of the Euoko Group Inc, has entered into a Singaporean distribution agreement with beauty retailer Sccube....

FRANCE:  L'Occitane acquires local counterpart and mulls IPO

L'Occitane en Provence has acquired Groupe M&A Developpement and its local cosmetics company subsidiary M&A Sante Beaute as part of its growth strategy....

FRANCE:  LVMH eyeing Clarins to boost Sephora?

LuxuryFinance sources expect LVMH to make a new acquisition in prêt-a-porter or cosmetics, with the latter the most likely candidate....

FRANCE:  L'Oreal in share buyback programme

Beauty giant L'Oreal's board of directors has authorised a share buyback worth up to E1.25bn over the coming year. This follows a buyback of the same value - representing 2.33% of the capital - which took place over the previous year....