Capsule

GILES DEACON EXPANDS

May 12, 2009 BY CAPSULESNEWS

giles d.jpgGiles Deacon is ramping up business, with a new production and distribution deal he hopes will quadruple the sales of his label and give him a broader international reach. Deacon, one of London’s most critically acclaimed designers, has inked a deal with Castor Srl, the Mantova, Italy-based manufacturer that launched and produced 6267 until last year. “At a certain point, we took a step back and asked ourselves: ‘What do we want this business to be?’ Deacon told WWD on Monday. “The answer was a big business, with on-time deliveries, proper pre-collections, and a bigger distribution network.” Deacon said he expects turnover to rise from just over 1 million pounds, or $1.52 million, to 3 million to 4 million pounds, or $4.5 million to $6 million, in the medium term. All figures have been calculated at current exchange. (WWD)