Free Subscription

  • Access 15 free news articles each month


Try one month for $4
  • Unlimited access to news,insights and opinions
  • Quarterly and weekly magazines
  • Independent research reports and forecasts
  • Quarterly webinars with industry experts
  • Q&A with retail leaders
  • Career advice
  • 10% discount on events

Icicle Fashion Group rescues Carven label

High-end Shanghai retailer Icicle Fashion Group has bought out French couture house Carven.

The French brand, once favoured by singer Edith Piaf, was facing bankruptcy before the buy-out. It now stands to be re-launched by the new owners, attempting to restore a once-prestigious label based on its historic brand reputation. Carven has enjoyed periods of great fame, as well as recurring hard times, in particular following the departure of designer Guillaume Henry in 2014.

Cavern store

Chinese consumers are the largest buyers of luxury goods worldwide. Icicle Fashion Group was the strongest bidder amongst a number of potential new owners.

Carven expanded in China in 2014, opening its first stores in Shanghai in partnership with Bluebell Group before launching in Beijing’s Sanlitun North shopping complex.

You have 7 free articles.