LONDON, United Kingdom — Sara Ferrero is one of those once rare but increasingly common fashion executives who spent the early part of their careers outside the fashion industry. After six years at McKinsey & Company, the management consultancy, she entered the fashion business at Furla, the Italian accessories brand. Under her leadership, Furla’s retail sales tripled to over 360 million euros in less than five years.
H&M launches home textiles bid (WSJ) As a way to buffer the lackluster fashion market, H&M has launched a textile business which was slated for a 2007 debut. Ittierre to Sue Cavalli (WWD) Ittierre SpA is suing Roberto Cavalli for his comments regarding their ability to turn the company’s bankruptcy around. (Subscription required) Chanel Closing Two Japan Stores (WWD) As the Japanese economy sinks further into
LONDON, United Kingdom — Last night, at a cocktail party to celebrate the opening of the Azzaro pop-up store on London’s Mount Street, I bumped into Robert Bensoussan, the highly-regarded former CEO of Jimmy Choo. The place was rammed with guests. Economic armageddon was nowhere in sight. But, more often than not, came up talk of the economy. Bensoussan told me he had been in New York visiting stores and had never seen so
“Unstructured exploration…” In the years before he became an overnight household name in the United Kingdom, when Linda Evangelista walked down his runway for free, Giles Deacon spent more than 10 years exploring — not the world, but rather the people and environment in which he lived. The first chapter of Giles’ story explains how he came to be a fashion designer and launch his own label, GILES. It reveals
LONDON, United Kingdom — The Business of Fashion is pleased to announce the launch of Inside the Studio, a series of in-depth interviews providing a 360 degree view of the world’s top fashion designers and their roles as both creative and business people. Supported by Swarovski and produced by and developed in association with Make Believe, the first interview features renowned fashion designer Giles Deacon who celebrated his
LONDON, United Kingdom — I was surprised to see that a number of big-name sponsors have signed on recently to support the upcoming round of fashion shows. In London, Henry Holland’s show will be sponsored by Sebastian, makers of hair care products. And Barbie is making an appearance in both New York and London — thanks to the fact that it is her 50th birthday. Mattel, makers of Barbie, have signed a three-year partnership