Apparel Online India Magazine August 1st Issue 2018 | Page 13

RETAIL CURRENT Loretta Caponi plans to expand through trunk shows & pop-up shops Loretta Caponi, Florence based brand that began its endeavour in the fashion industry as a creative studio, recently completed its 50 years in the industry. The studio presented a tailored ready-to-wear line-up for its Spring 2018 collection, as an ode to the evolution of its handcrafted home, innerwear and loungewear collections. In order to expand its niche worldwide, the brand has jotted down exclusive locations that are synergised with its clientele and product offerings. The plan is to conduct various trunk shows and pop-up shops at select locations in the prime cities where the brand is a household name across the globe and then eventually build a retailer’s network. Also along with presentations and pop-ups, the brand’s spokesperson revealed that they are planning to hold one trunk show every month during 2018 and 2019. The latest Trunk show at Beijing provided the brand with a new client, SKP department store that retails in home and children categories. For Loretta Caponi, the Chinese is for the number one destination to enter in order to increase its brand recognition. Even though individual clients and selective retails reflect to be the main sale drivers, the wholesale segment grew at least 50 per cent when compared to the 17/18 fiscal years. The US is one of the target destinations of the brand. In the revious year, the Tot collaborated with the brand to set up a pop-up shop at the Hamptons branch, offering the brand’s products. This led Caponi to acquire deals with other major retailers in the Hamptons. After efficacious iterations in Beijing, Monte Carlo, Taipei, Dubai, Miami and Hong Kong, the brand is preparing for another round of the trip. The brand will exhibit the Spring 2019 women’s ready-to-wear collection in Hong Kong in October. With the earnings slightly above a million euros, the company is also planning an e-tail platform to be launched by the end of this year. Concept III announces its new alliance with HeiQ technologies Concept III, New York-based fabric sourcing specialist, announced its recent alliance with HeiQ where Concept III will help HeiQ to strengthen the sales as well as boost its presence across entire North America. Concept III has played a vital role in helping source and produce new fabric-based solutions for the iconic outdoor apparel brands. Concept III’s customer list includes some of the most iconic apparel brands. With this new partnership, Concept III team will soon start representing HeiQ technologies with its brand partners. “We really pride ourselves in our ability to work with the world’s best, so it’s a real honour to have HeiQ as a partner,” said Chris Parkes, President of Concept III. HeiQ is a global company located in eight countries across four continents and has the best industry-leading researchers and development specialists. It specialises in creating some of the most inventive high-performance textile effects. Carlo Centonze, CEO and Founder of HeiQ stated that, “Knowing of Concept III’s market expertise and reputation for integrity, it was clear that they had to be our partner.” www.apparelresources.com | AUGUST 1-15, 2018 | Apparel Online India 13