Hot Topic Launches Apparel Line - Royal Bones By Daang

Hot Topic Launches Apparel Line - Royal Bones By Daang

 

 

Daang Goodman, designer and purveyor of street fashion brand Tripp NYC, has expanded her collection with a new line exclusively for Hot Topic called Royal Bones by Daang.Designed within the Tripp NYC sensibility, Royal Bones by Daang reflects New York City’s underground street culture and rock 'n' roll lifestyle. The collection will include everything from skinny jeans and shredded tees to skull-printed dresses and sexy corsets, and is available exclusively in Hot Topic’s 620 stores and online.

“Hot topic customers are individualistic – just like me. They like to wear clothes that make them stand out – and that’s what I’ve been designing for them for years,” says Daang. “Royal Bones by Daang is a great opportunity to take our long-standing relationship with Hot Topic to a whole new level.”

Daang’s love for apparel design was born when she was a young woman. She found herself designing and making her own clothes in order to create an edgy look that was reflective of her lifestyle. She developed clothes for Trash & Vaudeville – a mainstay of alternative fashion on St. Mark’s Place in New York City. There, rockers, mods, punks, goths, rockabillies and everyday working-class heroes who just wanted to walk and dress on the wild side could find “rock n roll to wear.” Daang’s Tripp line very quickly became popular among the locals, as well as well-known music artists.

Years later, Hot Topic’s VP and General Merchandise Manager Cindy Levitt met Daang at an industry trade show. “We realized we have a very similar customer,” recalls Daang. “Hot Topic helped us bring Tripp to like-minded people all over the country.”

“It was no surprise to us that Daang’s designs were a huge hit for our customers – and they have continued to be over the years,” said Levitt. “We’re excited to see our customers’ reaction to what we think is an impressive collection that can only be found here at Hot Topic.”Royal Bones by Daang is available in all Hot Topic stores and online. The collection includes dresses, fashion tops and skinny jeans in a variety of colors and at a competitive price point.

Hot Topic is a mall- and web-based specialty retailer beloved by rebellious teens for more than 20 years. Hot Topic stores reflect the latest trends in music and pop culture, offering band-related apparel and accessories, licensed merchandise and fashion apparel and accessories to an edgy subculture of expressive individuals.

Qatari Royal Family Buys Iconic Italian Fashion House Valentino

Qatari Royal Family Buys Iconic Italian Fashion House Valentino

 

 

Mayhoola for Investments S.P.C, an investment vehicle of the Qatari royal family, has acquired iconic Italian fashion house Valentino Fashion Group SpA for €700 million ($857 million), making it one of the biggest acquisitions of a leading European designer brand by a Middle East investor.

Valentino did not disclose the identity of the buyer, but British media recently reported that Qatar's royal family was in talks to buy the brand for about £550-600 million.

Valentino that once made dresses for Sophia Loren, is 80 per cent owned by London-based private equity fund Permira and the remaining 20 per cent by Italian textile giant Marzotto Group.

Valentino chief executive Stefano Sassi said he was "delighted" with the acquisition. "During the past few years, despite swings in the luxury markets, the company has operated with great intensity and remained focused on maximising the potential of the Valentino brand.''

Mayhoola for Investments S.P.C, an investment vehicle of the Qatari royal family, has acquired iconic Italian fashion house Valentino Fashion Group SpA for €700 million ($857 million), making it one of the biggest acquisitions of a leading European designer brand by a Middle East investor.

Valentino did not disclose the identity of the buyer, but British media recently reported that Qatar's royal family was in talks to buy the brand for about £550-600 million.Valentino that once made dresses for Sophia Loren, is 80 per cent owned by London-based private equity fund Permira and the remaining 20 per cent by Italian textile giant Marzotto Group.

Valentino chief executive Stefano Sassi said he was "delighted" with the acquisition. "During the past few years, despite swings in the luxury markets, the company has operated with great intensity and remained focused on maximising the potential of the Valentino brand.''

"This effort should drive a 60 per cent increase in revenues from 2009 to 2012. Our new shareholder will help us to reach our full potential," he said.

Milan-based Valentino was founded in 1960 by Paris-trained Valentino Garavani. It operates in over 70 countries and has more than 700 single-brand boutiques and 112 directly managed shops.
 
Valentino, whose current clients include Hollywood actresses Jennifer Aniston, Keira Knightley and Cameron Diaz, became famous after Valentino designed the wedding dress for Jacqueline Onassis in 1968ino designed the wedding dress for Jacqueline Onassis in 1968.

Fashion House Valentino Confirms In Takeover Talks

 

italian fashion house Valentino is in exclusive talks with a potential but unnamed buyer, the company said, with Qatar's royal family believed to be interested."Valentino has seen increasing interest from a number of potential buyers," said Stefano Sassi, chief executive of Valentino Fashion Group and the Valentino fashion house, in a statement obtained by Agence France Presse on Monday.

He added: "exclusivity has been granted to one of the potential buyers, who expressed interest in the long term potential of the brand, and it is expected to expire in July."

British media had reported Sunday that Qatar's royal family was in advanced talks to buy the fashion label from its current owner, private equity firm Permira, for some £550-600 million (700-755 million euros, $850-930 million).