joint venture news and archive

Prada inks JV with SSI to expand presence in the Philippines

Prada Philippines, Inc. is a newly formed joint venture company owned 60 percent by Prada S.p.A and 40 percent by SSI Group’s Stores Specialists, Inc. The JV company will own and operate Prada stores in the Philippines. SSI Group said in a filing with the Philippines Stock Exchange that the joint venture partnership is expected to accelerate the...

Business

Nobis announces joint venture to expand in China

Luxury Canadian outerwear brand Nobis has announced a joint venture with Chinese multi-brand fashion group ShenZhen Ellassay Fashion Co., Ltd to expand in the region as part of its global expansion plans. In a statement, both companies said that the strategic alliance would “combine Nobis' innovative, high-quality, functional outerwear with...

Report

Marcolin Group and Moendi sign joint venture in Mexico

London - Marcolin Group, one of the leading eyewear companies, has signed a joint venture agreement with Moendi, one of the biggest independent distributors in Mexico. The Marcolin Group owns 51 percent of the new joint venture, named Marcolin Mexico. The new headquarters of the joint venture will be based in Naucalpan, in the state of Mexico,...

Fashion Featured

Katy Perry forms joint venture with Global Brands Group

London - US singer Katy Perry has formed a new joint venture with Hong Kong-based firm Global Brands Group to develop a range of products. The agreement, which was announced on Wednesday, extends the previous deal between Perry and the firm, the Katy Perry Footwear. The joint venture aims to grow the Katy Perry brand into a fully-fledged brand,...

Fashion

Global Brands Group signs deal with David Beckham

Brand Beckham has just become one step closer to world domination with Global Brands Group announcing a licensing agreement with David Beckham. The joint venture will see the company produce and distribute Beckham branded clothing, footwear and accessories. Simon Fuller, the backer of Victoria Beckham's label, is also a partner in the new deal....

Fashion

Prada joins forces with UAE´s Al Tayer

The Italian house has signed a joint venture deal with UAE’s Al Tayer to distribute its luxury brands across the Gulf, namely in Bahrain, Kingdom of Saudi Arabia, Kuwait, Oman and the United Arab Emirates. The fashion house known for its high-end shoes, bags and clothing said Wednesday the deal would roll out Prada and Miu Miu stores in Bahrain,...