BoF compiles the most important professional moves of the week.
TOKYO, Japan — Uniqlo owner Fast Retailing Co. is hiring executives from retailers including Wal-Mart Stores Inc. to strengthen the Japanese clothier’s overseas expansion blitz.
NEW YORK, United States — With many European editors still stranded on the other side of the Atlantic due to a massive snowstorm that battered the northeast of the US, our trusty contributing photographer Sonny Vandevelde brings us behind-the-scenes images from the Jason Wu, Helmut Lang, Suno and Rebecca Minkoff shows, held on the second day of New York Fashion Week. Sonny Vandevelde is a contributing photographer at The Business
CEO Talk | Andrew Rosen, Chief Executive Officer, Theory (CEO Talk) “American fashion mogul Andrew Rosen, CEO of Theory and Helmut Lang and an investor in several of New York’s most exciting labels, including Proenza Schouler and Rag & Bone, learned the ropes from his father, Carl Rosen, a successful garmento and former chief executive of Seventh Avenue dressmaker Puritan Fashions.” First Person | Tory Burch Says
Just before Proenza Schouler’s Spring/Summer 2013 show, BoF sat down with the brand’s newest investor, Andrew Rosen, CEO of Theory and Helmut Lang, who revealed his latest investment in London-based label Les Chiffonniers.
Prada to Add 260 Shops in 3 Years on Demand From BRICs (BusinessWeek) “Prada, the Italian fashion company that owns the Miu Miu and Church’s brands, plans to add 260 stores in the next three years to tap demand in emerging markets including Brazil, China and Persian Gulf countries.” Asos fashion retailer’s top managers reap £66m payout (Guardian) “Seven top managers of online fashion retailer Asos are being
Where Are the Women? (Style.com) “On the eve of the Costume Institute’s exhibition celebrating two pioneering female talents—Elsa Schiaparelli and Miuccia Prada—Nicole Phelps asks why there aren’t more successful young women designers in New York.” LVMH Skips European Austerity Raising Prices for Chinese (Bloomberg) “Chinese tourists traveling to Europe to take advantage of savings as much as 50
Michael Kors By Lauren Hutton (Interview) “It’s hard to pinpoint when Michael Kors first became a fashion designer. It might have been the moment when Dawn Mello, then-fashion director at Bergdorf Goodman, stopped by Lothar’s, the boutique on 57th Street where Kors was working as salesman/window dresser/in-house designer after dropping out of the FIT, and told him that if he ever went out on his own, she’d love to take a look
Cinema à la Prada (WSJ) “With the Internet and digital technology, industry executives say short online videos have become an essential part of the fashion marketing tool box, offering customers a new way to interact with a brand and show clothing in motion.” Web-only luxury retailers fared well during the recession (Internet Retailer) “Luxury goods retailers that sell exclusively online increased their sales by