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Four Seasons will open 9 hotels in 2019, Aeffe reveals encouraging results and the other news of the day

Four Seasons will open 9 hotels in 2019, Aeffe reveals encouraging results and the other news of the day

Four Seasons will open 9 hotels in 2019, Aeffe unveils encouraging results, Interparfums should exceed estimations and the other news of the day.

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Four Seasons will open 9 hotels in 2019

picture: Four seasons  Megève

Aeffe sales increased by 11.2 percent

picture: Moschino

 

 

Interparfums sees turnover estimates upwards

picture: interparfums

Interparfums, which saw its sales jump at the end of last year, has once again revised its operating margin forecast for 2018 slightly upwards and has shown itself confident for 2019.

The licensed fragrance designer did better than expected in the last quarter of 2018, thanks mainly to the success of Coach’s fragrances in the United States.

Group sales jumped by 19.9% to €118.1 million in the fourth quarter, bringing annual sales to €455.3 million, an increase of 8% and 11% at constant exchange rates.

 

Coach sales jumped 66%, taking the brand to third place in the portfolio just three years after its launch, after Lanvin and behind Montblanc and Jimmy Choo.

Based on these performances, the group estimates that its operating margin “could exceed 14%” in 2018, instead of the 13.5% to 14% previously expected.

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Turnover could be more than 470 million at the end of the current financial year, a forecast that could be revised upwards, however, in light of the dynamics observed at the beginning of the year.

The first quarter is looking good. January got off to a very good start,” Philippe Benacin, CEO of Interparfums, told reporters, he was “confident” for 2019.

 

 

Carine Roitfeld teams with Karl Lagerfeld

picture: Carine Roitfeld

Creator Karl Lagerfeld has enlisted Carine Roitfeld for an ongoing collaboration entirely dedicated to her own ready-to-wear brand, reveals Women’s Wear Daily. This creative partnership will take place next fall with the launch of the fall 2019 collection.

It is not their first collaboration, but this time, they will combine their know-how and creativity for the designer’s eponymous brand. Karl Lagerfeld has invited the designer and editor-in-chief to propose a list of her favourite pieces for the coming seasons.

 

This collaboration will start next September for the release of Karl Lagerfeld’s autumn 2019 collection. “The Edit by Carine Roitfeld” will be a list of essential pieces selected by the famous French designer.

The WWD website states that this is the first of a long list of upcoming partnerships between Carine Roitfeld and the Karl Lagerfeld brand. Other projects will be announced later this year.

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