Investment company Eurazeo has entered into exclusive negotiations in order to acquire 70 percent of the capital of the management firm Idinvest, a move that could see the business double its portfolio.
Primark has tapped a former Zara chief to head its womenswear division. Paula Dumont Lopez, who was named New Look’s new chief executive last year but never took up the role, will join Primark this month.
As brands seek to add compelling reasons for consumers to buy their products in the austere post-Christmas environment, print and textile specialist Marimekko has announced a link-up with global beauty brand Clinique.
A meeting in south India earlier this month brought women workers, manufacturers and brands together for the first time in a bid to map the role of homeworkers in the shoe industry and improve working conditions.