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.
Serhat Işık and Benjamin Huseby, the design duo behind menswear label GmbH, will continue the Berlin-based brand while becoming creative directors of Trussardi. Their first show for the Italian accessories, jeans and perfume brand will be for the Fall/Winter 2022 season.
GmbH “brought the topics of inclusivity and responsibility strongly to the forefront of the fashion discourse,” Trussardi said in a statement. At the Milanese house they’ll bring a “sharp and contemporary creative vision founded in these values,” the brand added.
As the Munich-based luxury e-tailer saw another quarter of high-flying sales and profit growth, its chief executive says speculations of the company going private are “not totally unreasonable” — but remains mum on widely reported M&A prospects.
The brand isn’t the only one struggling in a cooling luxury market, but the weak numbers increase pressure on CEO Jonathan Akeroyd to deliver Burberry’s long-awaited turnaround.
The luxury parka maker is aiming to elevate its image as it faces strong competition.
The futures of multi-brand luxury heavyweights Yoox Net-a-Porter and Neiman Marcus may be decided in the coming days.