Trbusiness. The travel retail Trbusiness. The magazine for global retail and duty free professionals.Fraas announces takeover of Loevenich brand with immediate effect
By Benedict Evans |
From spring/summer 2025, the Loevenich range will be marketed under the management of V. Fraas International Trading.
Fraas and Loevenich have announced a partnership which will officially start with a new spring/summer 2025 collection.
The managing directors of both companies, Sandra Frowein (Loevenich) and Andreas Schmidt (Fraas), sealed the partnership at the beginning of June, though Fraas has taken over the Loevenich hat brand with immediate effect.
From spring/summer 2025, the Loevenich range will be marketed under the management of V. Fraas International Trading.
Andreas Schmidt, Managing Director of Fraas, said: ‘Together we strive to offer our customers clear added value. LOEVENICH’s high-quality range is distributed and presented internationally by the reliable organisation of V. FRAAS.
This will enable us to grow together and offer not only more, but also a more efficient and broad-based range.”
Fraas noted the partnerhsip comes as it is expanding its brand portfolio and strengthening its position within the fashion and lifestyle sector.
We love fashion, we love the entrepreneurial challenge and by combining our strengths in design, customer focus and sales, we can achieve great things.”
READ MORE: Faith in business performance in GTR wanes in Q4 2023, reveals flash poll
READ MORE: Fraas opens pop-up store to achieve fourth point of sale at Munich Airport
Mondelēz WTR debuts Toblerone Strawberry Matcha at Singapore Changi
Image Credit: Mondelēz WTR Mondelēz World Travel Retail (WTR) has partnered with Changi...
ON LOCATION: Frankfurt’s art‑led Terminal 3 opens with big retail and F&B push
Image Credit: Fraport Frankfurt Airport’s new Terminal 3 was officially opened today,...
Heathrow Airport revenue up but outlook uncertain in Q1 update
Image Credit: Heathrow Airport London Heathrow has reported overall revenue of £844 million...
In the Magazine
TRBusiness Magazine is free to access. Read the latest issue now.
