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.
The luxury e-tailer tapped De Cesare for the chief executive role. Previously, he was the chief executive of the Parisian department store Printemps until March 2020.
“I’m excited to become the first CEO that will have the experience of leading a physical retailer and a digital retailer,” De Cesare told BoF.
The Matches announcement follows an ongoing executive reshuffling at the company. Earlier this year, former chief executive Ajay Kavan left his position after one year in the job. The CEO role had been left vacant since March.
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Matchesfashion Doubles Down on Emerging Labels
The retailer, facing growing pains of its own, is launching a new ‘Innovators Programme’ to bolster the fledgling labels that help set it apart from competitors in a crowded luxury e-commerce market.
The Valentino fashion director will present his first collection for Gucci in Milan in September.
The world’s biggest luxury conglomerate is counting on China’s reopening to boost sales after quarterly growth slowed to a single-digit rate for the first time since 2020.
This week LVMH will report results, and executives may offer clues about its megabrands’ next steps under new leadership. That plus what else to watch for this week.
A performance by pop superstar Rosalía made Louis Vuitton’s menswear show a memorable spectacle, even as the brand has yet to name a successor to designer Virgil Abloh.