Article: Paul Smith, GFT seek closer relationship. (Paul Smith Ltd., Gruppo GFT; men's clothing industry)

PAUL SMITH, GFT SEEK CLOSER RELATIONSHIP

LONDON (FNS) -- Paul Smith Ltd. of Britain and Gruppo GFT of Italy are continuing to hold talks about forming a closer working partnership. The latest discussion took place in Paris during the SEHM show, a Paul Smith spokesman said.

The spokesman would not divulge any details, simply saying that the two companies are discussing the possibility of "working together."

Gruppo GFT executives, based in Turin, Italy, could not be reached for comment at press time.

An apparel executive familiar with the companies said both firms have long expressed a mutual admiration for each other's business and have ...

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