Claire’s Stores Inc said on Monday it filed for Chapter 11 bankruptcy protection and expects to reduce debt by about $1.9 billion, as the struggling retailer of girls’ accessories combats a fall in mall traffic.
Victory and Dreams Holding, the owner of Dutch fashion chains Miller&Monroe and Witteveen, has acquired the German branches of Charles Vögele. As a result, the company will expand the Miller&Monroe concept to Germany.
Leidsche Rijn Centrum, the new retail district in Utrecht, has announced that it will add five Dutch fashion retailers to its store portfolio, including vanHaren, Zeeman, Casanova Milano, Lotus and Avec Bel'Ghir.
British Formula One champion Lewis Hamilton has been unveiled as the new face of all Tommy Hilfiger's menswear labels, further deepening the brand's ties to motor racing following the launch of its Mercedes deal.
The Italian leather goods brand closed the 2017 financial year with a robust revenue increase, reaching €499 million, with EBITDA up 34.1%. New store openings in the USA and Europe are planned in early 2018.