Kering Sees Very Significant Drop in 2013 Net on Puma, Redoute

Puma Suede trainers | Source: Puma

PARIS, France — Kering, formerly called PPR, said it expects net income this year to drop “very significantly,” hurt by one-time charges related to its Puma brand and from costs related to its sale of mail-order business La Redoute.

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Belle Buys Stake in Baroque Japan, Aims to Create Fashion Empire Across Asia

An advertising image for Moussy, one of Baroque Japan's many womenswear brands | Source: Baroque Japan

Baroque Japan — owner of womenswear brands including Moussy, Sly, Rodeo Crowns, Shelter, Black and Rienda — has a new Chinese majority shareholder, which already owns some 25 percent of the Chinese footwear market and aims to create one of the biggest fashion retailers in Asia. JapanConsuming reports.

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Outdoor Clothing Makers Seek Growth as Europe Stagnates

Arc’teryx Bozeman Ice Climbing Festival | Source: Arc’teryx

FRANKFURT, Germany — Makers of outdoor goods from ski jackets to tents and walking trousers are using international expansion, fashionable new products and the financial clout and expertise of big investors as they battle a slowdown in Europe.

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