First Look at Laura Brown's InStyle, Estée Lauder Results, Boss Beyond Grey Suits?
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Yesterday, major personnel changes rocked the industry. [Riccardo Tisci is exiting Givenchy] amidst rumours that he will join Versace. Stefan Larsson is [leaving Ralph Lauren] following disagreements over the company’s turnaround strategy. And [Daniella Vitale was named CEO] of Barneys New York, replacing Mark Lee who will become executive chairman.
TODAY'S MUST READ
[Riccardo Tisci Leaving Givenchy]
BY Limei Hoang
[Tisci is departing the LVMH-owned fashion house after 12 years at the creative helm, as rumours intensify that the designer will join Versace.]
[Read more]
TOP STORIES
[Ralph Lauren Falls as CEO Exits]
BY Limei Hoang
[Ralph Lauren announced that president and chief executive officer Stefan Larsson would leave the company on May 1, as shares fell by more than 11 percent.]
[Read more]
[First Look at Laura Brown's InStyle Revamp]
BY Chantal Fernandez
[The new editor-in-chief is bringing a more accessible and social media-influenced approach to Time Inc.âs celebrity fashion magazine.]
[Read more]
[Daniella Vitale Named CEO of Barneys New York]
BY Lauren Sherman
[In a long-expected succession plan, chief executive Mark Lee has been named executive chairman, reporting to Richard Perry.Â]
[Read more]
[Can Boss Go Beyond Grey Suits?]
BY Lauren Sherman
[Hugo Bossâ underlying challenges run far deeper than anything a runway collection can salve, but new chief brand officer Ingo Wilts must do his part to better delineate what Boss means.]
[Read more]
NEWS BRIEFS
[Estée Lauder Tops Second-Quarter Profit Forecasts]
[The beauty products company posted revenue of $3.21 billion in the period, falling short of forecasts.]
[Swatch CEO Predicts Swiss Watch Turnaround in 2017]
[Revenue will rise 7 percent to 10 percent in local currencies, Nick Hayek said in an interview. The CEOâs forecast was off last year, however: he had predicted a 5 percent increase, but sales slumped 11 percent.]
[Abercrombie & Fitch Names Merchandising Head as CEO]
[Fran Horowitz replaces Michael Jeffries, who stepped down in 2014 after over two decades at the helm.]
[DAILY DIGEST
Fashion News from Around the Web]
1
[How Sara Ziff and More Than 40 Other Models Are Leading the Charge Against Eating Disorders]
["Over 62 percent [of models polled] reported being asked to have to lose weight or change their shape or size by their agency or someone else in the industry."][American Vogue]
2
[Under Armourâs Sneaker Problems, Explained by One Metric]
["Under Armour said its footwear revenue grew 36 percent in its Q4 results, but NPD Group says Under Armour footwear sales declined 20 percent in the quarter."][Yahoo Finance]
3
[Report: Luxury Brands Continue to Rein In China Expansion as Malls Shift to âRetailtainmentâ]
["Changes in China's retail landscape continue to reflect the extent to which online shopping has altered the way Chinese consumers interact with brick-and-mortar stores."][Jing Daily]
4
[Amazon Web Services: the Secret to the Online Retailer's Future Success]
["AWS was launched as little more than a way to buy space and time on Amazonâs computers. Now it powers Netflix, Airbnb and the Ministry of Justice."][The Guardian]
5
[Syrie Maugham, the Surreptitious Star of Chanel Couture]
["The interior decorator was one of Karl Lagerfeld's key references for the house's most recent couture collection."][AnOther]
FROM THE ARCHIVE
[Inside the Business of Barneys New York]
BY Lauren Sherman
[Days before Barneys New Yorkâs much-anticipated return to downtown Manhattan, chief executive Mark Lee and chief operating officer Daniella Vitale talk to BoF about the companyâs journey from the brink of bankruptcy to record sales â and what's next.]
[Read more]
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