BoF compiles the most important professional moves of the week.
Gucci holds the luxury spending downturn mainly responsible for its poor performance but the Italian fashion brand may also have itself to blame, suggesting it could be time to change strategy and hire fresh talent.
MILAN, Italy – Fashion designers at Milan fashion week delivered a dark palette and masculine styles for autumn-winter wardrobes in a reflection of Italy's bleak economic and political landscape.
Designers kicked off Milan fashion week on Wednesday with bold collections to persuade Italian shoppers that the worst of the economic crisis is over and it is time to hit the stores again. Fashion houses including PPR’s Gucci, Giorgio Armani and Prada are among the top names showing their womenswear 2013-14 autumn-winter collections, taking up the baton from catwalk shows in London. “I have great hopes for this country
Frida Giannini: Gucci’s Shanghai express (Telegraph) “Gucci’s first two shops on the Chinese mainland opened in Beijing and Shanghai in 1997, three years after Tom Ford started to transform the brand. Today there are 53 stores across 33 cities, and counting. So it is not surprising that Giannini has decided to spend some time getting to know Shanghai before continuing on to Seoul in South Korea for a store opening
In France, Second Lines Finally Can Come First (IHT) “For French brands, there is always a sneaking feeling that a second line is second best. The Milan designers rejoice that Just Cavalli or Emporio Armani are on the runway… But French ‘subsidiaries’ are either non-existent, hidden or given slightly pejorative names, like ‘diffusion’ line.” France’s Hermès loses China trademark fight