The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
Louise Trotter, formerly the designer of Lacoste and Joseph, will be Paris-based Carven’s new creative director, the brand said Wednesday.
The brand, which has been owned by the Chinese group Icicle since 2018, will return to the Paris Fashion Week schedule with Trotter’s debut show in September.
Carven hasn’t shown since March 2018, just before it underwent a court-supervised sale to avoid liquidation. Icicle has been working to relaunch the brand with a focus on sustainability.
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Icicle Fashion Group has acquired the Parisian fashion label, which filed for bankruptcy in May.
As the French luxury group attempts to get back on track, investors, former insiders and industry observers say the group needs a far more drastic overhaul than it has planned, reports Bloomberg.
After growing the brand’s annual sales to nearly €2.5 billion, the star designer has been locked in a thorny contract negotiation with owner LVMH that could lead to his exit, sources say. BoF breaks down what Slimane brought to Celine and what his departure could mean.
Balenciaga’s deputy CEO Laura du Rusquec will replace Andrea Baldo as the Danish brand aims to elevate its image.
This week, more luxury brands will report first-quarter results, offering clues as to how broad and how deep the downturn is going to get.