The Paris trade court has ruled in favour of the creditors of SMCP’s Chinese owners. The creditors hold a 29% stake in the fashion group and wanted to convene an AGM to solve the group's ownership issues.
Originally associated with Britain's aristocracy and gentlemen farmers, the textile is now being made a key element in the collections of major brands, including Chanel, Dior, Yves Saint Laurent and Hermes.
The American owner of brands including Vans, The North Face and Supreme has appointed Nina Flood to the role of president of its global packs business, which brings together the Eastpak, JanSport and Kipling labels.
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