Further splintering the global fashion industry’s response to the tragedies in Bangladesh’s apparel industry, a group of North American retailers, brands and industry associations led by Wal-Mart Stores Inc. and Gap Inc. said Thursday they were formulating their own fire and safety action plan.
The accessories and apparel brand said Wednesday it would open up to 50 stores in North America alone in the current fiscal year, as well as more units in Europe and the Far East, as the company seeks to maintain the momentum it has seen over the last few years.
Jewelry and designer ready-to-wear — product categories synonymous with Hollywood celebrities — are entering the spotlight for dealmakers, who expect a stronger, more varied flow of transactions this year as Europe’s main luxury players hunt for new growth avenues.
Who’s the next generation of industry leaders? WWD looks at executives and designers across a spectrum of disciplines — retail, design, brands, beauty, digital — with the potential to rise to the top of their respective fields.
It’s hardly a news flash that Oscar de la Renta is suave, as suave as it gets. He is one of fashion’s most elegant purveyors, a highly respected emissary as at home among those reached by his philanthropic interests as in circles of power. And with members from Henry Kissinger to Hillary Clinton, who will present him with the CFDA’s Founders Award on Monday, those circles are powerful indeed.
In his closing speech at the tax trial of Domenico Dolce, Stefano Gabbana and board member and general director Cristiana Ruella, the prosecutor on Wednesday requested that the three be sentenced to two-and-a-half years in prison for tax evasion.
The world has changed since A.G. Lafley last sat at the helm of Procter & Gamble Co. Four years later, the consumer — who once willingly traded up to more expensive global brands — wants value and a more local point of view.
Paris is a city where one gets ideas — and not just about fashion. In a small park close to the Hotel Bristol, one can sit for hours and watch all of life go by. Everything is immaculate. The chestnut trees are in full bloom, the smell of wildflowers permeates the air and the fountain sings its song surrounded by an audience of multicolored tulips.