Express Files for US Bankruptcy Protection, to Close Over 100 Stores
Fashion retailer Express Inc has filed for Chapter 11 bankruptcy in the United States and intends to close more than 100 stores, it said on Monday.
Wes Gordon
Luxury
How Carolina Herrera Got Succession Right
Choosing who comes next is the important decision a designer can make. And at the New York-based brand, the appointment of creative director Wes Gordon has led to a rise in sales as the “ladies who lunch” aesthetic returns to the cultural conversation. Gordon and president Emilie Rubinfeld sat down with BoF to discuss how the brand pulled off the transition.
How Carolina Herrera Got Succession Right
Choosing who comes next is the important decision a designer can make. And at the New York-based brand, the appointment of creative director Wes Gordon has led to a rise in sales as the “ladies who lunch” aesthetic returns to the cultural conversation. Gordon and president Emilie Rubinfeld sat down with BoF to discuss how the brand pulled off the transition.
This Fashion Month, Let’s Take Care of Ourselves First
Post-Covid, people across fashion are seeking alternatives to the pressure and expectations that come from working in such a fast-paced industry, writes Imran Amed.
Will New York Fashion Week Survive the Pandemic?
This strange season’s series of 'shows' made it clearer than ever: the value of New York Fashion Week is up for debate. While still important for some designers, others are opting out and not looking back.
Selling Fashion to the 1% During a Pandemic
From Zoom styling consultations to digital VIP dinners, here’s how luxury retailers are continuing to woo the wealthy.
The Verdict on New York Fashion Week
The sparse schedule was crushing, as was the lack of new ideas. But if America’s premier fashion showcase has indeed hit bottom, there’s nothing to do but evolve and nowhere to go but up.
Luxury
Puig Is Getting Serious About Fashion… to Sell More Fragrance
The Spanish scent giant that owns Dries Van Noten, Carolina Herrera, Jean Paul Gaultier, Paco Rabanne and Nina Ricci is trying to reposition itself as brand-builder first, licensee second. Can José Manuel Albesa, the executive behind the strategy, make it work?
Puig Is Getting Serious About Fashion… to Sell More Fragrance
The Spanish scent giant that owns Dries Van Noten, Carolina Herrera, Jean Paul Gaultier, Paco Rabanne and Nina Ricci is trying to reposition itself as brand-builder first, licensee second. Can José Manuel Albesa, the executive behind the strategy, make it work?
The Return of New York Fashion Week
This season, there were no extraordinary clothes to speak of. But there was excitement.
At Carolina Herrera, Executing Elegance with Agility
Leaning into its conviction that constant change is the new normal in fashion, Carolina Herrera encourages all employees to be nimble in their operations — granting them the creative autonomy to succeed.
Carolina Herrera in the Hothouse
Designer Wes Gordon ignored autumnal conventions, showing bright colours and plenty of florals with impressive gusto.
Carolina Herrera's New Man
Wes Gordon's debut as creative director of the house was flashy, flamboyant and fit for Giorgio Beverly Hills, if a bit too trendy at times.
What’s Ailing America’s Fashion Darlings?
Once popular American labels are struggling to adapt to a perfect storm of shifting consumer tastes, failing department stores and the rise of direct-to-consumer.
Company Snapshot
The American designer has balanced Carolina Herrera’s bold, unmistakable brand DNA with contemporary motifs as he brings a modernising touch to the heritage label.
The News in Brief
Nike Says Job Cuts at Oregon Headquarters to Total More Than 700
Nike Inc. will have eliminated about 740 jobs at its headquarters by late June as part of its multiyear cost-cutting plan.
P&G Lifts Annual Profit Forecast on Strong Us Consumer Demand, Easing Costs
Procter & Gamble raised its annual profit forecast on lower commodity costs and as consumers, particularly in the United States and Europe, kept buying its pricey Tide detergent and Dawn dish soap.
Frédéric Malle Steps Down From Namesake Brand
Frédéric Malle announced on Apr. 18 that he will be leaving his brand Editions de Parfums Frédéric Malle at the end of June.
With Succession in Focus, LVMH Adds Alexandre and Frédéric Arnault to Board
The two brothers join older siblings Antoine and Delphine, meaning that 4 out of Arnault’s 5 heirs now serve on the board. Bernard Arnault, age 75, has placed his controlling interest in LVMH in a stock-share partnership aimed at perpetuating family control.
Arnault Says He Hopes Tensions With China on Luxury Quiet Down
Billionaire Bernard Arnault said he hopes a planned visit to France next month by China’s Xi Jinping will help smooth trade relations between Paris and Beijing.
Vita Liberata Bought Back By Founder
Alyson Hogg, who founded the luxury tanning brand in 2003, has reacquired it from Crown Laboratories.
Swiss Watch Exports Plunge as China and Hong Kong Demand Dries Up
Monthly Swiss watch exports suffered their biggest decline since 2020 as demand for premium and luxury timepieces in key markets including China and Hong Kong plunged.