Saturday, June 28, 2008

Hilfiger eyes expansion, no IPO plan now: report


FRANKFURT (Reuters) - Smart-casual fashion house Tommy Hilfiger is focusing on expansion after turning around its U.S. business and currently has no plans for a stock market listing, its chief executive said.

"An IPO is currently no longer up for discussion," Fred Gehring told German business daily Handelsblatt in comments published on Tuesday.

The brand, which spans mens-, womens- and childrenswear as well as watches and accessories, was bought by private equity firm Apax Partners (APAX.UL) in 2006 for $1.6 billion.

"The management and Apax want to further develop the company over the usual time horizon for financial investors of three to five years," Gehring said.

He added that the company was also considering buying other fashion brands.

"The turnaround in our U.S. business has been achieved. After the restructuring the signs point very clearly again to expansion," Gehring said.

Gehring had told Reuters in April that Hilfiger would look again at a flotation at the end of 2009.

by yahoo

Givenchy: Tisci Does Gothic Romanticism for Guys


Paris - One sure could not fault Riccardo Tisci for failing to have a go in his debut collection for Givenchy, a take no prisoners collection of Gothic romanticism that was intriguing as it was commercially quirky.

"Sex, gothic, religion and romanticism. Just like my women's fashion," was Tisci's explanation of the inspiration for the collection, shown in the Bourdelle Museum in Montparnasse on an athletic cast of models and beefy guys.

In his three years at Givenchy, Tisci has re-established that house as a proper player in couture and women's luxury ready-to-wear with a fashion take that mixes snappy tailoring with a cool, yet historic, ladylike elegance. So, his first men's show for the house was the most anticipated collection of the current Paris season.

There was a respectable quotient of Neapolitan influence tailoring, sleek tuxedos with that soft southern shoulder and convincingly lean pants. But many of the models actually wore shorts, in rose cotton or a printed handkerchief fabric. These were often paired with simple rocker black T-shirts with Latin lettering and punky emblems. Waxy linen baseball jackets, chain mail tank tops and some very natty scarves with hundreds of grommets also impressed.

But, in truth this was a perplexing collection; an extended work in progress by a designer who clearly has lots to say in men's fashion, but is still working out the grammar and, for that matter, the syntax.

by yahoo

No Naomi at Sao Paulo Fashion Week


Supermodel Naomi Campbell failed to turn up as scheduled at a runway show in Brazil on Saturday, apparently after her plans were upset by a conviction the day before for assaulting police officers at Heathrow airport in April.

Campbell, 38, had been scheduled to appear on the catwalk at the Sao Paulo Fashion Show for the summer 2009 swimsuit collection by the Rio label Rosa Cha, according to Globo.com, Terra and other Brazilian media.

But her sentencing on Friday in London to 200 hours of community service and more than 5,600 dollars in fines and compensation seemed to torpedo that modeling assignment.

The British celebrity had admitted in court to kicking and spitting at the officers in a foul-mouthed tantrum as they tried to eject her from a British Airways flight following a row over lost luggage.

Campbell is a regular visitor to Brazil, flying in every couple of months.

Several media in Brazil and Britain have reported that she is involved in a relationship with a Brazilian billionaire, Marcus Elias. The two were photographed kissing while swimming in the Mediterranean last month.

Macho man is going out of fashion


PARIS - As world financial markets wobble and bonuses shrink, the macho male is going out of fashion.

Paris designers showing their spring-summer collections on Saturday banished the tie and introduced a gentler take on masculinity, leaving the Gordon Gekko look in the dust.

With thousands of revelers pouring into the streets for the annual gay pride parade, French designer Franck Boclet proudly flew the pink flag at Emanuel Ungaro — but there was no message intended.

"I didn't even know it was gay pride day today!" he said. "It just so happens that fuchsia has always been Ungaro's signature color."

Boclet celebrated the house heritage with a shocking pink backdrop, but used the color sparingly in his collection.

After all, he made his name at Francesco Smalto cutting suits with a defiant swagger. Here, they were rendered in checked patterns with pants that stretched suggestively across the thigh.

As a result, a pink linen blazer seemed slightly adrift, though a purple cardigan top with a loose matching parka was a plausible option.

French actor Samuel Le Bihan, known for his tough guy image, said he had worn a pink T-shirt last summer but would not be repeating the experience.

"I tried, but I just can't do it," he said.

The Smalto image has loosened up since Swiss-Korean designer Youn Chong Bak took over the design reins three seasons ago.

Models lounged around an Italianate fountain in a chic mansion in her crisp cotton jackets paired with tailored cream bermudas, conjuring images of the spoiled millionaire Dickie Greenleaf in "The Talented Mr. Ripley".

Best of all were the waistcoats cut away in the front in the style of morning coats. These came in white linen with a tone-on-tone satin trim, or in a denim version slung over an unbuttoned white shirt.

"I think it's always more pleasant to see men who have attitude but nonetheless have a slightly soft side, because people are sick of machos," Chong Bak said.

That mood carried over to the Hermes catwalk, where the focus was on bare necklines with sailor-style sweaters that framed the collarbone.

This might seem like a bad move for a company famed for its luxurious silk ties, but French designer Veronique Nichanian provided plenty of alternatives.

They ranged from plain shawls worn loose over the chest to brightly patterned silk squares jauntily tied around the neck. The signature Hermes scarf even doubled as a cummerbund, worn simply over a white linen shirt and dark pants.

Alongside the catwalk shows, dozens of designers show their collections to buyers and editors in showrooms.

At the headquarters of Japanese label Issey Miyake, a video showed designer Dai Fujiwara and his team checking color swatches against plants in the Amazon rainforest.

Those colors ended up on outfits including a silk suit featuring dark stripes melting into olive green, thanks to a computerized weaving process. Casual options included a camouflage-patterned denim jacket with matching cut-off pants.

by yahoo