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.
Bottomley, who previously served as CMO at the bedding brand Boll & Branch and before that as CMO for Ralph Lauren, will begin his tenure June 6. He will report in to Trish Donnelly, CEO of PVH Americas and Calvin Klein Global.
Bottomley’s appointment comes after Calvin Klein’s previous global chief marketing officer, Linh Peters, left the company in October, along with executive vice president Jamaal Layne. Both spent less than one year in their respective roles. The hire also comes at a time when Calvin Klein has started to see results from its hero product-first marketing strategy — one in which denim and logo-stamped underwear, zhushed up with timely brand collaborations, take centre stage.
Learn more:
Calvin Klein’s New Strategy: Don’t Market the Dream, Market What Sells
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As seen in its latest collaboration with skate brand Palace, Calvin Klein is focused on highlighting its most successful categories like denim and underwear.
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.
The San Francisco-based company is hoping to tap growing consumer demand for financing for cosmetic treatments among other services.
Consumers face less, not more, choice if handbag brands can't scale up to compete with LVMH, argues Andrea Felsted.
This week’s round-up of global markets fashion business news also features Latin American mall giants, Nigerian craft entrepreneurs and the mixed picture of China’s luxury market.