FASHION INDUSTRY NEWS – THURSDAY
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THE CURTAIN FALLS ON VALENTINO’S DOUBLE ACT – TheNewYorkTimes
“Yet the morning after Ms. Chiuri took her bow in lock step with Mr. Piccioli came an email announcing that, as had been expected, she was leaving the brand she had helped reinvent. (The understanding is she will soon join Dior, and Mr. Piccioli would be in charge of the house from now on.)”
ONLINE MENSWEAR RETAILER EXPANDS OFFLINE – RetailingToday
“Black Label will open a store on July 11 in downtown Chicago this summer, the Chicago Tribune reported. In addition to suits, the store will also shirts, suits, denim, chinos and outerwear.”
LITERALLY EVERYONE HAS A CALVIN KLEIN AD NOW – NYMag
“Calvin Klein has unveiled a truly dizzying cast of characters for its latest campaign, an extension of its ongoing #mycalvins franchise. There are models: Kate Moss, Anna Ewers, and Bella Hadid. A legendary fashion editor: Grace Coddington. A person who is really slow to record albums: Frank Ocean.”
GREATS BRAND TO LAUNCH FIRST WOMEN’S COLLECTION – FootwearNews
“Brooklyn, N.Y.-based Greats Brand is finally giving the ladies what they want: Their own versions of the label’s popular kicks. On July 6, the e-commerce company will launch its first women’s collection online at Greats.com. Not content with just selling unisex looks, the brand told FN it developed the line using a women’s-specific shoe last so the sneakers better fit the female foot.”
YOOX NET-A-PORTER’S SALES AMBITION POSES CHALLENGE TO AMAZON – Bloomberg
“Yoox Net-a-Porter Group SpA forecast sales will increase as much as 20 percent a year as it adds private-label fashions as well as watches and jewelry to its online luxury offering. The company also predicted widening profit margins and said it aims for positive cash flow from 2018 as it presented financial targets through 2020 in London on Wednesday. The shares rose as much as 6 percent.”