TOKYO— Samantha Thavasa Japan Ltd. said it will establish a joint venture in South Korea with Lotte Shopping, a subsidiary of Lotte Group, in order to establish a network of stores in the country and accelerate its expansion in Asia.
The new venture, called STL Co., Limited, will have a capital of about 2 billion won, or $1.84 million at current exchange rates. The company is due to be set up in June and opened in August.
Alberta Ferretti's "Rainbow Week" sweaters are back. The designer closed her #MFW show with a few day-of-the-week sweaters, which first debuted on the catwalk last January as part of the pre-fall 2017 collection. #wwdfashion (📷: @delphineachard)