BoF compiles the most important professional moves of the week.
NEW YORK, United States — Fashion designer Reed Krakoff, the former president and creative director of Coach Inc., sold his townhouse on Manhattan’s Upper East Side for $51 million.
NEW YORK, United States — Straight from day seven of New York Fashion Week, BoF's contributing photographer Sonny Vandevelde brings us backstage images from the Michael Kors, Proenza Schouler, Jeremy Scott, Reed Krakoff, Anna Sui and Dion Lee shows.
NEW YORK, United States — Coach Inc. will reduce its departing chief creative director Reed Krakoff’s annual bonus by $3 million if a binding agreement for the sale of his label isn’t reached by July 29.
NEW YORK, United States — After more than 16 years as president and executive creative director of US accessories brand Coach, Reed Krakoff has announced that he will not renew his contract with the label, which is set to expire in June of 2014. The company has started the hunt for his successor. Krakoff is said to be leaving to focus on his own high-end label of sportswear-inspired apparel and accessories, Reed Krakoff, which he
NEW YORK, United States — Today, contributing photographer Sonny Vandevelde files backstage imagery from the Rodarte, Siki Im, Diesel, Sophie Theallet, Jeremy Scott, Reed Krakoff, Perry Ellis, Anna Sui and Calvin Klein shows, held over days six, seven and eight of New York fashion week. Sonny Vandevelde is a contributing photographer at The Business of Fashion.
Women of Wang (New York Magazine) “He’s built an approximately $25 million business on cool but benign day-into-night clothes for lithe, pragmatic downtown girls who all appear to work in galleries or PR… anything vaguely “creative.” Wang synthesized the street-style-blog-derived notion of looking like a “model off duty,” a louche fantasy of effortlessly sexy living if ever there was one.” Reed Krakoff Names
Fashion Opts for Safety in Paris, Milan (Bloomberg) “Even amid signs that demand for luxury clothing and accessories is returning, makers of the goods will ‘play it safe’ for spring-summer 2011, according to Sue Evans, senior editor of catwalks at fashion forecaster WGSN.” Gucci Unpacks ‘La Dolce Vita‘ (WSJ) “During the consumer-spending slump, aspirational purchases slowed sharply, and