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.
Kingham has a decade of experience at the luxury e-tailer, having worked as its international womenswear buyer and later fashion and buying director. In the newly created role, she will “define and lead the fashion point of view” for the retailer to better engage with its customers around the world, the company said in a statement.
Kingham will report to Elizabeth von der Goltz, who was named chief commercial officer last month in a series of C-suite appointments made by the company’s new chief executive Ajay Kavan.
The guidance was issued as the French group released first-quarter sales that confirmed forecasts for a slowdown. Weak demand in China and poor performance at flagship Gucci are weighing on the group.
Consumers face less, not more, choice if handbag brands can't scale up to compete with LVMH, argues Andrea Felsted.
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.