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M1 Group acquiring the Nice-based brand Façonnable

Liban  -  Tuesday, 16 October 2007
Lebanese M1 Group has made a 210-million-dollar-deal (153 million of euros) this Summer to acquire Nice-based brand "Façonnable", currently owned by the American firm Nordstrom which sells all the activities (design, production, licensing and distribution). M1 Group intends to develop Façonnable in Europe (London, Milan, Rome), to strengthen its position in the USA (Beverly Hills and New York) and to diversify products: leather, apparel for children, furniture...

Sources: WebTime Media Sep. 21st 2007, Citemedmode.com

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Théolia to acquire a windmill power plant in Morocco

Maroc  -  Monday, 01 October 2007
In agreement with EDF, windmill power specialist Théolia (Aix-en-Provence) is willing to acquire 84,5% of share capital of the Compagnie Eolienne du Détroit, which manages a 50,4 MW windmill power plant in the North of Morocco (84 windmills producing about 190 GWh).
Moreover, Théolia has recently created Théolia Emerging Markets, subsidiary dedicated to constructing and operating solar and windmill power plants in emerging countries like the Maghreb (first of all in Morocco where Théolia Emerging Markets has been based).

Source: Sud Infos 09/24/07

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Virtual Trends Lab

France  -  Tuesday, 18 September 2007
The Euromed Fashion Center, with the support of the Ministry of Economy, Finance and Employment, has launched with Nelly Rodi Trend Lab, Marseille Innovation and Intuitiv'Arts an innovative tool addressing textile and apparel professionals and designers. Information made in Euromed to learn about trends to come, shopping news in Mediterranean towns, emerging and confirmed talents, treasures of cultural heritage...
The Virtual Trends Lab is available for free exploring on the Euromed Fashion Center portal.

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