Bucked by Designer, Versace CEO Eyes Exit // Versace says no friction between Donatella, CEO ~ According to the WSJ, Versace's CEO Giancarlo Di Risio, is expected to resign after months of clashes with lead designer Donatella Versace over how to cut costs at the Italian fashion house and overall strategy. The Versace family, which owns 100% of the fashion house, denies that there is any friction. Oh! And Versace Board Approves Plan Sidelining CEO.
Marios Schwab to Helm Halston ~ Ending one of the most speculated-about searches in recent months, (read: Olivier Theyskens) Halston has tapped designer Marios Schwab as its new creative director, effective this July.(nymag)
Ferragamo Net Slides 17 Percent ~ Italy’s Salvatore Ferragamo SpA reported a 17 percent drop in earnings in 2008 due to marginal revenue growth and a raft of new store openings (WWD)
Losses Widen at Escada ~ Escada shares slipped in trading Monday in reaction to a widening loss at the struggling German fashion house. (WWD)
Lanvin Posts Profit, Sales Gain 29 Percent ~ Lanvin, fueled by the creativity of Alber Elbaz, can face the economic crisis “in a healthy way,” said executive vice president Thierry Andretta. (WWD)
De La Renta to Open Stores in the Gulf Region ~ Not about to be mired down by the U.S. economy, Oscar de la Renta Ltd. is heading to the Arabian Gulf region to increase international sales. (WWD)
Saks posts smaller 1st-quarter loss than expected ~ Luxury retailer Saks Inc. reported a loss for the first quarter Tuesday as it struggles with the pullback in spending by its wealthy customers. Still, the results beat analysts' expectations as the chain benefited from cost cuts — sending shares up nearly 18 percent. (AP)
Thierry Mugler is back after a decade in the fasion wilderness ~ After a decade in the fashion wilderness, his outrageous power-clothes pushed aside by the bony elbow of waif-chic, Thierry Mugler is back and lending maximum impact to Beyoncé's killer curves on her new world tour. (Telegraph)
Burberry Goes Back to Basics ~ Luxury Brand Posts Loss, Puts New Focus on Signature Plaid Design. (WSJ)
Savannah College of Design Fetes Isabel and Ruben Toledo ~ The Savannah College of Art and Design honored the collaborative creativity of Isabel and Ruben Toledo on Saturday. (WWD)
LVMH buys a stake in Edun ~ LVMH, the world's largest luxury goods group, has made a foray into the fair trade fashion business by taking a minority stake in Edun, the ethical clothing group owned by Bono, the U2 pop star and Ali Hewson, his wife, for an undisclosed sum. (FT)
24 May 2009
Dior's new short film - The Lady Noire Affair - starring Marion Cotillard and directed by Olivier Dahan.
22 May 2009
I went to China this past winter/spring as part of a study abroad program as part of my last semester at B-school. I didn't take my computer with me, and honestly time has not been my friend - so I guess that is a good enough reason I didn't update the blog as much these past couple of months. I did bring back over 20lbs of fashion magazines. I needed something to trade for my compter time plus, I think of them as souvenirs. Also, I was really interested in seeing the different retail operations, especially by brands and retailers that operate in the US and UK – retail research. Here are a couple of retail therapy related pics from my travels.
17 May 2009
Sometimes when I see a celebrity pictured at an airport, I look at it in awe, doubt, confusion of how/why are they able to travel in the outfits that they are pictured in. I have certain rules when traveling...comfortable shoes, no jeans, very little jewelry, and I layer like crazy. Granted, I don't have paparazzi following me or a private jet at my disposal to make a costume change easier, but is worth it for us commoners? I found some images of more comfortable and practical set....for the most part.
|(clockwise l-r) rihanna ~ posh ~ beyonce ~ rihanna ~ posh ~ beyonce ~ rihanna|
|(clockwise l-r) madonna ~ kate hudson ~ heidi klum ~ halle berry ~ kate holmes ~ mary-kate olsen ~ eva mendes ~ sienna miller|
|(clockwise l-r) fergie ~ kate winslet ~ reese witherspoon ~ nicole richie ~ tilda swinton ~ kylie minogue ~ michelle trachtenberg ~ anne hathaway ~ drew barrymore|
15 May 2009
HER: Where are you going to wear that??
ME: It is black, silver, gold and bronze. Where can't I wear it!?!
I cannot wait to sport my new fanny pack or the more fashionable term -- waist bag. I threw it on to take a photo, but I'll try to remember to take another one with a better outfit built around it. Perhaps a combination of metallics.
photo cred: caw