Guess’ European push, Shoes on the rise, India in refocus, Debenhams acquires Magasin, Brioni and the RCA

Guess? Autumn/Winter 09 | Source: Guess?

Guess Autumn/Winter 09 | Source: Guess

Guess Sets Its Sights on Europe (Business Week)
“The iconic maker of fashion jeans and other apparel is expanding fast in Europe with a new retail push and tighter control of its brand.”

A Not-So-Guilty Pleasure (NY Times)
“For months now, consumers have been hunkering down in an economic storm, buying only what they need to survive, like groceries, diapers, medicine — and shoes.”

Luxury brands are back to wooing Indian customer (Business Line)
“Niche luxury retailers are putting expansions back on track after a brief hiatus. Despite foreign direct investment restrictions, companies such as Versace, Oakley and Nike Golf are increasing area and product assortments to draw consumer interest in what they consider one of the biggest markets in Asia.”

Debenhams acquires Danish retailer Magasin for £12.3m (Drapers)
“Department store group Debenhams is to push into mainland Europe following the £12.3m acquisition of Danish department store business Magasin du Nord.”

Brioni joins forces with the Royal College of Art (Drapers)
“Luxury Italian menswear brand Brioni has signed a three-year deal with the Royal College of Art that will see one of the brand’s master tailors work with menswear fashion design students.”