Proenza Schouler Founders Buy Company Back in Major Shakeup
Designers Jack McCollough and Lazaro Hernandez have bought out private equity firm Castanea Partners with the support of private investors, installing a turnaround specialist as chief executive to revive the flagging brand’s fortunes.
Bottega Veneta designer Matthieu Blazy, Gap Inc CEO Richard Dickson, Brunello Cuccinelli and others discussed craft, culture, brand building and more, while a panel of sustainability stakeholders examined the colonial dynamics embedded in fashion’s climate crisis.
The eighth annual State of Fashion report by The Business of Fashion and McKinsey & Company reveals an industry navigating deep uncertainty. Download the full report to understand the 10 themes that will define the industry and the opportunities for growth in the year ahead.