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.
Gino Fisanotti, Nike’s former brand creative officer, will join Moncler as chief brand officer from June 7. The newly created position will report directly to Moncler chairman Remo Ruffini.
Following the hire, Moncler aims to develop a “consumer culture company driven by purpose, experience, and a sense of community, while drawing inspiration from different worlds including entertainment, sports, art and music,” Ruffini said in a statement.
Roberto Eggs — the former Louis Vuitton executive who has held the dual role of Moncler’s chief operating officer and chief marketing officer, playing a key part in the development of Moncler’s ‘Genius’ strategy — will become the group’s “chief business strategy and global markets officer” following the shakeup.
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.