Kurt Geiger gains, WDT’s overhaul, Simon Fuller buys Storm, Hartmarx sold, Fleeting tweeting

Kurt Geiger ad campaign

Kurt Geiger EBITDA soars 21% (Drapers) “Premium footwear business Kurt Geiger reported that full-year EBITDA rose 21% to £12.1m, bucking the retail downturn.” WDT boss to lead fast-fashion overhaul (Drapers) “Asbed Momdjian, founder of World Design & Trade, the company behind young fashion brands Firetrap, Fullcircle and Sonneti, has outlined plans to turn the group into a specialist fast-fashion branded

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Buyer for Hartmarx, Luxury market woes, Fashion graduates outlook, Luxury challenges, Tommy gains

Barack Obama wearing a Hartmarx suit

British firm offers stitch in time to save Barack Obama’s tailor (Guardian) “About 3,000 midwestern factory workers at Hartmarx are lobbying creditors to accept a $128m (£79m) buyout by a London-based private equity firm, Emerisque Brands.” Fire Sale: Once Towering, the Luxury Market Teeters (Time) “The typical luxury consumer has traded in high-priced fashion for quality, durable goods at a lower price,

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