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.
As part of a turnaround strategy to turn the British company, known for its rain boots, into an outdoor lifestyle brand, the company has hired Paolo Porta as its chief executive.
Porta joined Hunter in June 2020 as the interim CEO but will now assume his position permanently. Before joining Hunter, Porta worked at Jimmy Choo, Dior and Stella McCartney.
Hunter also hired Sandra Romboli, who previously worked at Decathlon, Reebok and Adidas as global design director and Claudia Plant, who came from Burberry and Net-a-Porter as chief marketing officer.
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Antitrust enforcers said Tapestry’s acquisition of Capri would raise prices on handbags and accessories in the affordable luxury sector, harming consumers.
As a push to maximise sales of its popular Samba model starts to weigh on its desirability, the German sportswear giant is betting on other retro sneaker styles to tap surging demand for the 1980s ‘Terrace’ look. But fashion cycles come and go, cautions Andrea Felsted.
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Nordstrom, Tod’s and L’Occitane are all pushing for privatisation. Ultimately, their fate will not be determined by whether they are under the scrutiny of public investors.