VTB Capital, the investment arm of sanctioned Russian lender VTB Bank, has made a cash payment to secure a deal to buy most of Italian fashion house Roberto Cavalli before the end of November, two sources familiar with the situation said.
In the fight for consumer dollars, department stores have lost significant ground to monobrand stores, specialty retailers and e-commerce players. Can they regain their relevance?
At Paris Fashion Week, Chanel’s light-hearted, marketing-savvy feminist ‘faux-test’ rang hollow. Can fashion be a credible medium for discussing social issues?
Check out this week’s new partners and job postings on BoF Careers, the global marketplace for fashion talent.
PARIS, France — John Galliano will join Maison Martin Margiela as creative director, the brand’s owner, Renzo Rosso’s Only The Brave (OTB) group, has officially confirmed. The announcement follows weeks of market speculation that the appointment was imminent. Galliano will oversee the design of all Margiela lines, including couture and women’s ready-to-wear. He will debut his first designs for the house during Paris Couture Week in January. “Margiela is ready for a new charismatic creative soul,” said Renzo Rosso, president of OTB, in a statement. “John Galliano is one of the greatest, undisputed talents of all time. A unique, exceptional couturier for a Maison that always challenged and innovated the world of fashion. I look forward to his return to…
As chairman and chief executive of LVMH Fashion Group, Pierre-Yves Roussel brings an uncommon blend of operational excellence and sensitivity for ‘creative casting’ to his reinvention of brands like Céline and Kenzo.
In a season where real creativity was forced to fight for space amidst a glut of sameness, BoF brings you our Top 10 Shows of the Season.
BoF editor-in-chief Imran Amed recaps the week in the business of fashion.