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Industry Rocked by Givenchy, Ralph Lauren and Barneys Changes

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businessoffashion.com

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newsletter@businessoffashion.com

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Fri, Feb 3, 2017 05:38 AM

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First Look at Laura Brown's InStyle, Estée Lauder Results, Boss Beyond Grey Suits? London, United

First Look at Laura Brown's InStyle, Estée Lauder Results, Boss Beyond Grey Suits? [View on Web] [Add to contacts] [New reader? Subscribe] [BoF] THE DAILY DIGEST SPONSORED BY [Linea-Pelle-DDNL-Jan30-Feb12] 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.’s 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 Boss’ 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 CEO’s 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 Armour’s 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 ‘Retailtainment’] ["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 Amazon’s 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 York’s much-anticipated return to downtown Manhattan, chief executive Mark Lee and chief operating officer Daniella Vitale talk to BoF about the company’s journey from the brink of bankruptcy to record sales — and what's next.] [Read more] [Subscribe Were you forwarded this email? To subscribe to this newsletter, click below.][Subscribe for Free] [BoF CAREERS - FEATURED JOBS] [Freelance Accessories Designer] [Roland Mouret] London, United Kingdom [General Manager - Fashion Show (Las Vegas, NV)] [Tory Burch] Las Vegas, United States [Digital Marketing & CRM Manager] [Whistles] London, United Kingdom [MARKETING MANAGER EMPLOYER BRANDING] [Zalando] Berlin, Germany [Sr. Manager, Clienteling for North America] [Coach] New York, United States [3D Designer] [Gucci] Milano, Italy [View All Jobs] Follow Us [The Business of Fashion] [Sponsorship & Advertising] [About] This email was sent to {EMAIL} [Add to Address Book] | [Unsubscribe] | [Edit Newsletter Subscriptions] The Business of Fashion Moray House - 6th Floor · 23-31 Great Titchfield St London W1W 7PA · United Kingdom

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