French fashion designer Sonia Rykiel dies aged 86

August 25, 2016 By creative

By Astrid Wendlandt PARIS (Reuters) – French fashion designer Sonia Rykiel, known for her brightly colored striped sweater dresses, has died at the age of 86, the owner of the fashion label she founded said on Thursday. “It is a sad day but Sonia Rykiel leaves behind her an extraordinary legacy,” Jean-Marc Loubier, chairman and chief executive of First Heritage Brands, the parent company of the Sonia Rykiel label, told Reuters. “She was a pioneer who helped women and society evolve.” Rykiel founded her fashion house in 1968, when France was rocked by violent student riots, with the aim of creating a counter-culture to stiff, bourgeois dress codes with inside-out stitches and extra-short skirts.

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French fashion designer Sonia Rykiel dies aged 86

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Carven to discontinue menswear

July 29, 2016 By publisher

French fashion house Carven is suspending its menswear line and bidding goodbye to designer Barnabé Hardy. “Barnabé Hardy has been the soul of Carven's men's collection since 2015,” Chief Executive Officer Sophie de Rougemont told the site. The news signals the latest in a line of changes at Carven, which has been undergoing something of a renaissance since it was bought out by Société Béranger in 2008 and revamped as a contemporary brand.

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Carven to discontinue menswear

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Roberto Cavalli names former Versace head as new CEO

July 28, 2016 By creative

Italian fashion group Roberto Cavalli said on Thursday it had named former Versace head Gian Giacomo Ferraris as its new chief executive as it seeks to relaunch under a new owner. Ferraris, an engineer who also worked for Italian luxury groups Gucci and Prada, radically turned around Versace in his seven years at the company, increasing revenue and cutting debt and bringing it back to profit only two years after being appointed. “The profound knowledge of the sector and the important professional experiences of Gian Giacomo Ferraris will allow Roberto Cavalli to consolidate the path of relaunch that is at the base of the company's development plans,” Cavalli said in a statement.

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Roberto Cavalli names former Versace head as new CEO

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Burberry to replace Bailey as CEO with Céline’s Gobbetti

July 11, 2016 By admin

British luxury brand Burberry has recruited Marco Gobbetti, the Italian boss of French brand Celine, to succeed Christopher Bailey as chief executive next year, freeing Bailey to focus again on the design role that made his name. Burberry said he would retain his creative role and also take the title of president.

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Burberry to replace Bailey as CEO with Céline’s Gobbetti

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Italy’s Ferragamo CEO sees no let-up in luxury sector slowdown

June 19, 2016 By publisher

Salvatore Ferragamo will focus on boosting profits this year to combat lower growth in the luxury industry as a whole, its outgoing chief executive said on Sunday. Ferragamo posted a larger-than-expected 5 percent rise in first-quarter core profit in May but revenue fell 2 percent to 321 million euros ($362 million). Speaking before the brand's menswear show at Milan Men's Fashion Week, Chief Executive Michele Norsa said the luxury sector would have to focus on managing risks.

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Italy’s Ferragamo CEO sees no let-up in luxury sector slowdown

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Bulgari aims to have up to six stores in Russia over 10 years

May 24, 2016 By admin

Bulgari, the flagship jewelry brand of luxury group LVMH , plans to open up to four more stores in Russia over the next ten years, betting on the long-term prospects of its luxury market. The company is the second luxury brand to signal its confidence in the Russian market after French luxury group Hermes tripled the selling space of one of its two Moscow shops in December. Bulgari Chief Executive Jean-Christophe Babin told Reuters in an interview the company's two Moscow outlets opened so far were “a minimum” even though some customers had become more cautious because of the weaker rouble.

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Bulgari aims to have up to six stores in Russia over 10 years

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Gucci to unify men’s and women’s collections from 2017

April 5, 2016 By admin

Italian luxury brand Gucci announced on Tuesday it will unify its women's and men's collections starting from next year in an effort to simplify the designer's business. The first show combining womenswear and menswear will be at Gucci's new Milan headquarters, President and Chief Executive Marco Bizzarri said in a company statement. It did not specify when the show will be scheduled, but a source close to Gucci told Reuters it was likely to be during the women's Fashion Week, the one receiving most attention from both media and buyers.  The decision comes amid a growing debate in the fashion industry over the need to combine collections, condense dates for shows as well as putting items on sale immediately after the catwalk presentations.. The Florence-based brand, part of the Kering group, is following in the steps of Britain's Burberry group, which said last November that it would bring its collections under a single brand.

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Gucci to unify men’s and women’s collections from 2017

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Gucci to unify men’s and women’s collections from 2017

April 5, 2016 By admin

Italian luxury brand Gucci announced on Tuesday it will unify its women's and men's collections starting from next year in an effort to simplify the designer's business. The first show combining womenswear and menswear will be at Gucci's new Milan headquarters, President and Chief Executive Marco Bizzarri said in a company statement. It did not specify when the show will be scheduled, but a source close to Gucci told Reuters it was likely to be during the women's Fashion Week, the one receiving most attention from both media and buyers.  The decision comes amid a growing debate in the fashion industry over the need to combine collections, condense dates for shows as well as putting items on sale immediately after the catwalk presentations.. The Florence-based brand, part of the Kering group, is following in the steps of Britain's Burberry group, which said last November that it would bring its collections under a single brand.

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Gucci to unify men’s and women’s collections from 2017

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Gucci to unify men’s and women’s collections from 2017

April 5, 2016 By admin

Italian luxury brand Gucci announced on Tuesday it will unify its women's and men's collections starting from next year in an effort to simplify the designer's business. The first show combining womenswear and menswear will be at Gucci's new Milan headquarters, President and Chief Executive Marco Bizzarri said in a company statement. It did not specify when the show will be scheduled, but a source close to Gucci told Reuters it was likely to be during the women's Fashion Week, the one receiving most attention from both media and buyers.  The decision comes amid a growing debate in the fashion industry over the need to combine collections, condense dates for shows as well as putting items on sale immediately after the catwalk presentations.. The Florence-based brand, part of the Kering group, is following in the steps of Britain's Burberry group, which said last November that it would bring its collections under a single brand.

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Gucci to unify men’s and women’s collections from 2017

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