Opening Ceremony Founders to Lead Kenzo (Elle)
“LVMH has tapped the retail dynamos behind Opening Ceremony as Kenzo’s new creative directors... Lim and Leon succeed Antonio Marras, who designed for Kenzo from 2004 until the recent menswear collection... Leon and Lim will continue to lead Opening Ceremony while working to reenergise Kenzo’s brand image."
At Versailles, Rock ‘n’ Rococo (IHT)
“Who would have thought that modern designers could feel right at home amid the curlicues, gilding, Watteau paintings and water fountains of Versailles?… But as in music, so in fashion: modernity is in the mix. And a little of the courtly grandeur of Versailles goes a long way.”
Camilla Al Fayed buys Issa (Telegraph)
"The daughter of ex Harrods owner, Mohamed Al Fayed, purchased a 51 per cent stake in the label... Al Fayed's title will be chairwoman and she will oversee the commercial expansion of the brand, while Helayel (who continues to hold a 49 per cent stake), will remain as creative director."
Social Shopping Gets Personal (Forbes)
"Lucky magazine, Conde Nast’s publication dedicated to shopping and style, teamed up with ThisNext.com to create a social shopping platform on a co-branded site... Lucky readers aren’t the only ones who will be crafting personal shopping guides. Lucky editors and brand partners will also be pushing their picks."
Rykiel for sale? (Vogue)
"Sonia Rykiel may soon be selling a minority stake in a bid to speed up its expansion... Rykiel has already approached Edmond de Rothschild Corporate Finance chairman Laurence Danon to help her look into options for the family-owned business."