Michael Kors Holdings Limited (NYSE:KORS), a global fashion luxury group, announced today that a definitive agreement has been signed to acquire all of the outstanding shares of Italian luxury fashion house Gianni Versace S.p.A. for a total enterprise value of Euro 1.83 billion or approximately US$2.12 billion. Versace, long recognized as one of the world’s leading luxury fashion companies, is synonymous with Italian glamour and style.
John D. Idol, Chairman and Chief Executive... Read More
Bottega Veneta announces the appointment of Daniel Lee as its Creative Director starting July 1, 2018.
An experienced designer, Daniel Lee was most recently Director of Ready-to-Wear Design at Céline. Aged 32 and of British nationality, Daniel Lee is a graduate of the Central Saint Martins College of Art and Design. Before joining Céline in 2012, he worked at Maison Margiela, Balenciaga and Donna Karan.
François-Henri Pinault stated: "I am very pleased to welcome Daniel Lee to... Read More
Business of fashion--The Russian designer Gosha Rubchinskiy is stopping his Comme des Garçons-backed namesake label “as you’ve known it” and launching a new project, he announced via Instagram today.
According to a spokesperson for Comme des Garçons, the Gosha Rubchinskiy brand as currently conceived will cease to exist following the Autumn-Winter 2018 season. As a consequence, the label will not present a collection in Paris in June. Comme des Garçons is presently working with... Read More
The National -- French fashion brand Lacoste on Wednesday swapped the crocodile logo on its shirts for the first time in its history for 10 of the most endangered species on the planet.
The green Lacoste crocodile – one of the world's best-known logos – was replaced by the Sumatran tiger, the Javan rhino and the Cao Vit gibbon on the chest of its classic white polo shirts in a limited-edition charity tie-in with the Save Our Species conservation group.
All but a handful were... Read More
Fashion week always throws up something crazy... that is, after all, the whole point.
In a packed schedule that has countless designers all competing to grab the most attention, the setting is ripe to present things that are controversial, Insta-worthy or even downright ridiculous. In a bid to score precious column inches, anything goes, and sometimes it seems as though, the wackier, the better, and the latest autumn/winter 2018 shows in Milan were no exception.
Here are some... Read More
Fosun International Limited (SEHK stock code: 00656) ("Fosun International") and its subsidiaries (together "Fosun") announced the acquisition of a controlling stake in Jeanne Lanvin SAS (d/b/a “Lanvin”), the oldest luxury couture house in France still in existence.
The luxury fashion house, Lanvin, was founded by Jeanne Lanvin in 1889. In 2001, Taiwan-based businesswoman Shaw-Lan Wang saw the potential of the brand in Asia and acquired a majority stake. Currently, Lanvin ... Read More
Lindsay Lohan, who was a guest of honour at the inaugural London Modest Fashion Week (LMFW), attended wearing a hijab and halal make-up, The National informed.
Lohan was invited by Haute Elan, the fashion house behind the event and was seen chatting to Saudi abaya designer Samah Khashoggi, who was showing her latest collection.
Hawa Cosmetics, a halal make-up company, posted a picture of Lohan visiting its stall.
"Oh my days!" its post read. "As if Lindsay Lohan came... Read More
On 6th of February Dune London, a global leader of affordable luxury fashion footwear and accessories, in collaboration with Apparel Group showcased its SS18 collection in Dubai. Moving into the new season, a burst of saturated colour is introduced to an otherwise neutral palette. Vivid, bold hues such as jade green, Mexican pink, cornflower blue and tangerine orange enhance classic mid-heels, high vamp courts, heeled ankle boots and kitten heel sling backs.
Spring prints are bold... Read More
The National -- After a successful seven years at the helm, Kim Jones announced on January 17 that he is stepping down as creative director of menswear at Louis Vuitton. His final show for the house was on January 18, in Paris, when he delivers the autumn/winter 2018 collection.
Jones is credited with injecting a youthful energy into the luxury label, seamlessly blending Louis Vuitton’s famous travel heritage into collections that appealed to a younger audience. As well as following... Read More