Word: branded
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...jewelry, which will increase in value," says Mafatlal, who adds that fine jewelry will always remain important in India. Today's younger women want accessories that can live up to their jewels, hence Mafatlal's insistence that Valentino, given the designer's taste for decorative accessories, be the first brand in MLP's portfolio...
...China. She was 19 when she decided to join her elder sister Fiona, then a menswear designer, at a Canadian company called Ports International. The company had its heyday in the '70s and early '80s when its clothes were carried by stores like Bergdorf Goodman. But by 1989 the brand had lost some of its stature and was purchased by Alfred Chan, a Canadian entrepreneur who was born near Xiamen and raised in Hong Kong. Chan married Fiona and made the unlikely decision to move the company's operations to Xiamen and relaunch the brand to cater exclusively...
...FRIENDLY SKIES are now also fabulous thanks to Versace's partnership with the TAG Group to design and manufacture the interiors of private jets. Top clients will work with Versace designers to personalize their aircraft, using pieces from the brand's home line that have been adapted to follow standard aviation-interior guidelines. The Italian design house will be responsible for all content and décor, while the TAG group, which has 30 years of experience in preparation and management of large private jets, will guarantee the logistical and technological aspects of the partnership...
...fascinating in creative sectors like fashion and beauty is that often it's the outsiders who take the biggest risks and cash the biggest checks. Witness the way Renzo Rosso, once a lowly production manager at Diesel, eventually bought the company and propelled it into a $1.4 billion brand. Similarly, and against the odds, Max Azria transformed California-casual style into the $1 billion business BCBG. At the heart of any fashion deal is talent, and managing creative talent is a business skill all its own. Perhaps one of the most successful examples of that is LVMH boss Bernard Arnault...
...past two years dealmaking in this sector has shifted into overdrive. Since February alone, Jil Sander was snapped up by London-based Change Capital Partners, English luxury retailer Asprey was bought by New York City--based Sciens Capital Management and a U.S. hedge fund, and the Italian apparel brand Piazza Sempione was acquired by Paris- and Milan-based L Capital. More deals are rumored to be in the works...