The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
LONDON, United Kingdom — BoF compiles the most important professional moves of the week.
LVMH watch division restructures
Jean-Claude Biver is terminating his operational responsibilities as the head of LVMH's watch division, but will continue to serve as a non-executive chairman. He joined LVMH in 2008 after the conglomerate acquired Hublot and was appointed head of LVMH watch division in 2014. Stéphane Bianchi, who was previously on the board of Maus Group, will succeed him as chief executive officer. Frédéric Arnault has been appointed strategy and digital director of TAG Heuer.
Marc Cain appoints new members to management
Following the departure of Karin Veit, who held the position of head of design for 40 years, the company appointed Katja Konradi to lead the majority of the design division. Konradi joins from Hugo Boss and will be responsible for marketing, product management, visual merchandising and interior design. The company has further divided the design direction with Nadine Frichot taking responsibility for the mainline collection. Frichot has been with the company for over 13 years.
Gabriela Hearst joins Save the Children's Board of Trustees
The Uruguay-born, New York-based womenswear designer will serve on the Board of Trustees following several philanthropic campaigns. Hearst previously partnered with Net-a-Porter and Bergdorf Goodman to raise $600,000 for the organisation. In 2016, Hearst collaborated with Tod's in support of Save the Children.
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The Met announces new chief external relations officer for The Costume Institute
Nancy Chilton has been promoted to chief external relations officer for The Costume Institute. Previously, she held the positions of chief communications officer and senior press officer for the department. Chilton will continue to oversee communications, exhibitions, special events and The Met Gala, as well as philanthropic programmes and industry outreach.
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Discover the most exciting career opportunities now available on BoF Careers — including jobs from The Business of Fashion, Stüssy and Anest Collective.
Fashion retailers are promoting fewer store employees into corporate roles, missing out on key expertise and diversity as a result.
To provide actionable insights and inspiration on how fashion and retail industries can further embed diversity, equity and inclusion in the workplace and business strategies today, BoF Careers co-hosted a panel discussion with The Outsiders Perspective. Now, BoF shares key learnings from the panel.
A US regulator has banned most uses of the clauses, which started as a way for fashion companies to prevent senior executives from walking off with trade secrets, but have become a standard retention tool.