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British designer Paul Glynn joins India’s Perona as co-creative director

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Luxury fashion brand Perona has strengthened its design team by onboarding British designer Paul Glynn as its co-creative director.

British designer Paul Glynn joins Perona as co-creative director – Paul Glynn

Paul will join Shruti Mangla, co-founder and design director at Perona to expand the brand’s presence in the luxury western-wear fashion space.

The two have collaborated to design the brand’s spring-summer 2025 collection named ‘Sensorial’.

Commenting on the appointment, Puneet Mangla, founder of Perona in a statement said: “What impressed us most was his understanding that fashion must be visually compelling and culturally relevant. His approach builds an enduring, organically evolving design language that aligns with our values.”

Shruti Mangla added, “I’ve always been drawn to the idea of creating an experience, a lasting impression. Not just sell a product. This collaboration excites me—we’re expressing Perona’s essence by exploring the union between timeless craft and innovation.”

Paul Glynn has over two decades of experience of working as a designer for many leading fashion brands in Europe and the US, including Nordstrom, Timberland and Lee jeans.

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Pepkor to buy four brands giving it access to 462 African stores

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47 minutes ago

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March 25, 2025

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By

Bloomberg

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March 25, 2025

Pepkor Holdings Ltd. will buy clothing and homeware brands Legit, Swagga, Style and Boardmans from Retailability Proprietary Ltd., giving Africa’s largest apparel retailer access to 462 more stores across the south of the continent.

Bloomberg

The owner of chains including Pep, Ackermans and Refinery didn’t disclose the exact amount of the purchase, only saying it represents less than 2% of its current market value, which is about 96.9 billion rand ($5.3 billion). Cape Town-based Pepkor will settle the purchase cash, it said in a statement Tuesday. 

The deal is some years in the making, with Pepkor initially exploring a potential takeover of Retailability’s Edgars brand in 2023, according to people familiar with the matter at the time. 

The transaction announced Tuesday won’t include the Edgars, Edgars Beauty, Red Square, Kelso and Keedo businesses.
 



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Hermès taps BNP Paribas CEO, former spy for luxury group’s board

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1 hour ago

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March 25, 2025

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By

Bloomberg

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March 25, 2025

Hermès International SCA is set to appoint BNP Paribas SA CEO Jean-Laurent Bonnafé and a former French spy-agency chief to the luxury group’s board.

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Hermes – Fall-Winter2025 – 2026 – Womenswear – France – Paris – ©Launchmetrics/spotlight

The family-controlled company known for its Birkin bags named Bonnafé, the chief executive officer of France’s biggest bank, to replace Dominique Senequier, 71, the luxury company’s vice chairwoman who’s also CEO and founder of French private equity group Ardian. Also nominated is Bernard Emié, who led France’s external intelligence agency DGSE for close to seven years until January 2024, according to his LinkedIn profile. 

The big-name board picks come even as key roles at Hermès are largely in the hands of descendants of the founding family behind the leather goods maker started by Thierry Hermès in 1837. These include Chairman Eric de Seynes and Executive Chairman Axel Dumas, a sixth generation heir who leads the company.

Also on the executive committee are Dumas’ cousins Pierre-Alexis Dumas and Guillaume de Seynes, respectively overseeing the artistic direction of the brand and the manufacturing operations. The family controls 67% of the share capital of Hermès. 

The changes to the board, disclosed in a filing Monday, will be put to a vote at the company’s shareholders’ meeting on April 30 in Paris. 

Emié, a former ambassador to Algeria, the UK as well as Turkey and Lebanon, will replace Alexandre Viros, the former head of Adecco Group AG in France. A third nominee is Cécile Béliot-Zind, the CEO of dairy company Bel Group, although the filing doesn’t say she’s replacing a current board member. Bonnafé is also a board member of Pierre Fabre SA, the owner of skincare brands such as Eau Thermale Avène. Béliot-Zind and Bonnafé will be appointed for three years while Emié’s mandate will run for two years. 

Hermès, known for its silk scarves, is the second most-valuable stock on the French benchmark CAC40 index, behind rival LVMH Moët Hennessy Louis Vuitton SE, controlled by billionaire Bernard Arnault. Hermès has weathered the demand downturn for luxury goods better than some of its peers, riding the exclusivity of its coveted handbags.

LVMH has also tapped former state officials for its board. Hubert Védrine, a former French foreign affairs minister, has been a member of its board for more than two decades.
 



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Seasalt and Luke 1977 add to Derbion’s fashion offer

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2 hours ago

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March 25, 2025

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Derbion has joined the ever-growing list of shopping centres with new arrivals to report. The Derby mall is set to welcome fashion retailers Seasalt and Luke 1977 with stores to debut in the city later this year.
 

Seasalt

Seasalt has signed a 10-year lease for a 2,400 sq ft unit, which will become its first store at a major East Midlands shopping destination as it continues its UK expansion. Work is set to begin on transforming Seasalt’s space this spring, with the doors to the new store set to open later this year offering its mix of fashion-meets-comfort clothing, footwear and accessories. 

Richie Edwards, director of Retail at Seasalt said: “Our new store at Derbion continues our ambitious growth plans and we are thrilled to secure a space at such a well-performing shopping destination.”

Meanwhile, Luke 1977 will occupy a 1,200 sq ft space becoming the menswear retailer’s 15th UK store, offering a blend of streetwear and smart tailoring.

Luke Enston head Of Retail for the label, said: “Our arrival at Derbion continues our expansion across the UK as our brand continues to go from strength to strength… [allowing] us to gain access to a wide catchment of shoppers.”

The arrival of Seasalt and Luke 1977 follows the recent announcement that Victoria’s Secret will also arrive at Derbion as the shopping centre continues to expand its fashion line up. 

Last year, Derbion also welcomed brands such as Castore, White Stuff and Pavers, while also retaining key names JD and New Look that have invested in enhancing their stores.

“The continued introduction of new brands and retention of popular favourites is a prime example of Derbion’s progressive leasing strategy of optimising the offer from its current retailers whilst attracting exciting new brands to the tenant mix,” it said.

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