Fashion Industry |Italian Court Set To Approve Sale Of Roberto Cavalli To Damac

A court is set to approve the sale of troubled Italian fashion group Roberto Cavalli to Dubai developer Damac, two sources close to the matter told to Reuters on Friday. Earlier this month Cavalli’s board had indicated Damac as the favorite bidder. Two other binding offers for the whole group had been submitted by Italy’s … More Fashion Industry |Italian Court Set To Approve Sale Of Roberto Cavalli To Damac

Fashion Avenue | Arab Luxury World 2019: Experts Gather To Learn More About Saudi Women’s Luxury Spending Habits

The lure of Saudi Arabia as a market for luxury retail was evident in the packed hall as Mathieu Yark of Choueiri Group took to the stage at the Arab Luxury World Forum on Thursday to shed light on the purchasing habits of Saudi Women consumers who go for luxury items. Based on a research … More Fashion Avenue | Arab Luxury World 2019: Experts Gather To Learn More About Saudi Women’s Luxury Spending Habits

Fashion Avenue | How Designers Will Be Affected By A Shorten New York Fashion Week

Tom Ford’s first act as CFDA chairman addresses longstanding calls for a shorter fashion week. The goal is to attract more international buyers and editors, and reverse an exodus of prominent designers. Starting this September for the Spring/Summer 2020 season, runway shows and presentations will last five days and five nights instead of the current … More Fashion Avenue | How Designers Will Be Affected By A Shorten New York Fashion Week

Fashion Avenue | Italy’s Roberto Cavalli Gets Creditor Protection From Court.

A Milan court has granted creditor protection to Roberto Cavalli giving the trouble Italian fashion house up to 120 days to present a turnaround plan, two sources told Reuters on Monday. Private equity firm Clessidra has been trying for months to sell its 90 percent stake in Cavalli which has posted a string of losses … More Fashion Avenue | Italy’s Roberto Cavalli Gets Creditor Protection From Court.

Kingdom Of Saudi Arabia | Demand For Aramco’s Debut Bonds At Over $50billion

Saudi Aramco has received over $50 billion in bids for its debut international bond sale, which has been expected to be in tie #10 billion region, sources familiar with the matters said. The state-owned oil giant is marketing a U.S. dollar-denomination debt issue split into six tranches with maturities ranging from three to 30 years. … More Kingdom Of Saudi Arabia | Demand For Aramco’s Debut Bonds At Over $50billion

Beauty | Michelle Pheiffer is launching a “Clean” Fragrance Line

The actress (and owner of a newly-minted Instagram) is making a foray into the £29 billion global fragrance market with the launch of Henry Rose, a clean life of scent. Michelle Pfeiffer already had an indelible imprint on the world of beauty – those cheekbones, the iconic Scarface bob and those feline eyes – but, … More Beauty | Michelle Pheiffer is launching a “Clean” Fragrance Line

Business | Nestle Goes Vegan With Meat-Free Burger Range

Nestle is looking to take a bit of the fast-growing vegan foods market with a range of plant-based burgers, saying its recipes could complete for taste with traditional beef patties. The world’s biggest packaged food group, known for KitKat bars and Nescafe instant coffee, is trying to defend its place in consumer’s shopping carts by … More Business | Nestle Goes Vegan With Meat-Free Burger Range

Fashion Avenue | Adidas Seals Partnership With Singer Beyonce

Adidas has teamed up with singer Beyonce and will relaunch her Ivy Park brand, as it aims to attract more female consumers after rival Puma’s Deal with Rihanna  helped  boost sales. Adidas, which also has a partnership with Kanye West, said on Thursday it will work with Beyonce on creating performance and lifestyle products, including … More Fashion Avenue | Adidas Seals Partnership With Singer Beyonce

UAE| Emaar Confirms Elie Saab Design Partnership At Dubai Project

Emmar confirmed of Friday that it is partnering with designer Elie Saab on Emaar Beachfront, a great island destination in Dubai. The developer said it is partnering for the first time with the renowned fashion designer for the new residential development. Announcing the partnership, Mohamed Albbar, chairman of Emaar said: “Elie Saab is the pride … More UAE| Emaar Confirms Elie Saab Design Partnership At Dubai Project

KSA | Saudi Arabia Warns Residents Of Excessive Air Conditioning

According to Arab News, the four-week campaign from the Saudi Energy Efficiency Center will be conducted via billboards, newspapers, TV and social media platforms. The campaign will seek to raise awareness about ways to reduce dependence on air conditions, which – along with a rapidly growing population – are  a significant driver of evergy usage … More KSA | Saudi Arabia Warns Residents Of Excessive Air Conditioning