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Mytheresa has acquired Yoox Net-a-porter group from Richemont, aiming to create a 4 billion euro online luxury fashion powerhouse. The deal involves Mytheresa acquiring YNAP with a cash position of 555 million euros and no financial debt in exchange for shares. Mytheresa's CEO, Michael Kliger, sees the acquisition as an opportunity to create value for shareholders, brand partners, and high-end customers, with plans to maintain separate businesses for Mytheresa, Net-a-porter, and Mr Porter. The deal is expected to be finalized in the first half of 2025, with Richemont becoming a significant minority shareholder in Mytheresa. [Extracted from the article]

The WWD Honors Awards ceremony celebrated the best in fashion and retail in 2024, with industry luminaries like Chloe Fineman, Ryan Seacrest, and Mickey Drexler in attendance. Fran Horowitz of Abercrombie & Fitch Co. received two awards for her leadership, while Dôen, E.l.f. Beauty, Bubble Skincare, Bulgari, Boucheron, and Ralph Lauren's artist in residence Naiomi Glasses were also honored. The event highlighted resilience, innovation, and support for women entrepreneurs, emphasizing the importance of celebrating and advancing women in leadership roles. [Extracted from the article]

Arie Kopelman, the former president of Chanel Inc., passed away at the age of 86. Known for his leadership and sense of humor, Kopelman played a significant role in expanding Chanel's business and brand presence. His legacy includes philanthropic work, strong relationships with retailers, and a focus on maintaining Chanel's luxury appeal. Kopelman is survived by his wife, children, and grandchildren, leaving behind a lasting impact on the fashion industry and beyond. [Extracted from the article]

Norma Kamali, a renowned fashion designer, will be receiving the International Designer of the Year Award at the Global Fashion Summit in Riyadh, Saudi Arabia. Kamali has been a pioneer in the fashion industry, introducing innovative designs such as the sleeping bag coat and sweats as ready-to-wear. She sees great potential in the Middle East, particularly in Saudi Arabia, where there is a young population and a growing interest in fashion. Kamali's success in reaching a diverse customer base is attributed to her clothes being attractive to those who want to have a good time and enjoy themselves. She views technology as an essential tool for understanding her customers and staying relevant in the global fashion business. Kamali has been developing an AI collection based on her 56-year-old archive, allowing her to generate new styles and variations. She plans to launch her first AI Swim Collection in September. Kamali reflects on her 56-year career and the success of her brand, emphasizing the importance of authenticity and evolution in the fashion industry. She also discusses her business challenges, international expansion plans, and her commitment to making fashion accessible. Kamali remains optimistic about the future of fashion and her role in it. [Extracted from the article]

This article profiles several influential women in the footwear industry who are making strides in leadership and mentoring the next generation of female leaders. The women interviewed, including Sharifa Murdock, Marcia Kilgore, Tamara Mellon, Melissa Worth, Jenny Ming, Liz Rodbell, Sandra Choi, Cheresse Thornhill-Goldson, Robin Green, Kitty Bolinger, Nina Flood, and Sarah Bloch, share their experiences and offer advice for success in the industry. They emphasize the importance of learning from failures, building strong networks, and staying true to oneself. They also highlight the significance of mentorship, teamwork, and resilience. Overall, these women encourage others to challenge norms, embrace curiosity, and create positive work environments. [Extracted from the article]

Ralph Lauren, a well-known fashion designer, has launched a new furniture line called the "Modern Driver Collection" at Milan Design Week. The collection is inspired by his love for cars and features modern furnishings with clean lines and materials like carbon fiber. This collection is part of Lauren's extensive range of home furnishings, which he has been introducing for over 40 years. In addition to his furniture line, Lauren has published a book showcasing his unique homes and residences, discussing his foray into the hospitality industry, and sharing his passion for cars and how they influence his fashion designs. He emphasizes the importance of love in creating a good home and his business has evolved from selling ties to becoming a lifestyle brand. [Extracted from the article]

Elie Tahari, a women's apparel brand founded in 1974, is celebrating its 50th anniversary with a revival under brand management company Bluestar Alliance LLC. The brand generates over $1 billion in retail sales through 39 licensees and focuses on expanding its global presence. Elie Tahari himself designs the premium designer collection exclusively online, while Republic Clothing Group produces a diffusion line under the T. Tahari label. The brand's growth opportunities include menswear, home, and international expansion, with a focus on maintaining Tahari's signature style and DNA. [Extracted from the article]

Dior and Saks Fifth Avenue have partnered to create a holiday window display and light show called Dior's Carousel of Dreams. This collaboration is the first time Saks has worked exclusively with a luxury fashion house for its annual holiday initiative. The display showcases Dior's codes and draws inspiration from the Dior cruise 2024 collection. The Saks flagship store has been transformed into a sculptural work of art during the day and features a captivating light show at night. Additionally, a World of Dior pop-up on Saks.com offers a range of Dior merchandise. The collaboration aims to provide a unique and immersive experience for customers while promoting both brands. [Extracted from the article]

Lawrence was on hand as a guest of Dior's Maria Grazia Chiuri, who received the John B. Fairchild Honor. The pair first met when Chiuri took over as Dior's womenswear designer some seven years ago, when the designer attended a photoshoot with Lawrence. At Cipriani South Street in Manhattan was filled with poignant acceptance speeches, pledges that many fashion and beauty companies are on paths to even greater success, an invitation to Barcelona, and a presentation from Oscar-winning actress Jennifer Lawrence. Honors Night: WWD Recognizes Maria Grazia Chiuri, Dries Van Noten, Jeff Gennette, Jacques Agbobly and More: The annual WWD Honors gala also gave awards to Puig, Westman Atelier, On Holding, Chloé, and Elyse Walker. [Extracted from the article]

FASHION * After a triumphant return to New York Fashion Week,the cofounders of 3.1 Phillip Lim talk about what's nextfor the brand that turns 20 next year NEW YORK -- Phillip Lim's return to therunways in September was a triumphantmoment for him, as his company hasemerged stronger from the pandemic witha clear sense of purpose. Having almost lost the entire company,Lim and his business partner andcofounder Wen Zhou, chief executiveofficer, spoke about how they survivedthe pandemic, the specific steps they tookto hold on to the business, their returnto New York's runways, and how they'rerebuilding their fashion company withpurpose in mind. Wen Zhou andPhillip Lim 3.1 Phillip Lim,spring 2024 3.1 Phillip Lim,spring 2024 The Phillip Lim storeat 48 Great JonesStreet in New York. [Extracted from the article]

After Donald Trump's election win, Wall Street celebrated with a 3.6% surge in the Dow Jones Industrial Average, but the fashion industry remained cautious due to concerns about higher tariffs. While some fashion stocks saw gains, designers, known for their liberal leanings, were more reserved in their response. The industry is wary of Trump's second term, with lobbying groups emphasizing the need to avoid costly trade wars and uncertain geopolitical shifts. [Extracted from the article]

Iris Apfel, a designer, style icon, influencer, and face of numerous fashion brands, passed away at the age of 102. She was known for her bold and eclectic fashion choices, oversized glasses, and red lipstick. Apfel and her husband started their own textile company, Old World Weavers, and she worked on restoration projects at the White House. Throughout her life, she traveled the world, collected fashion and accessories, and collaborated with various brands. Apfel's unique style and contributions to fashion were celebrated in exhibitions and documentaries, and she remained active and passionate about her work until her passing. [Extracted from the article]

The text provides a summary of New York Fashion Week, highlighting favorite collections, key trends, and key accessories. The collections showcased a new level of sophistication and elegance, with a focus on refined classics and statement outerwear. Key trends included timeless luxury, black as a significant color, and the dominance of statement outerwear. The shows were praised for empowering women and offering a fresh perspective. Key accessories included smaller handbag shapes and flats, while gloves were highlighted as a must-have accessory. The text also mentions the challenges faced by new designers and the need for more financial support and mentoring. Overall, the mood of the event was described as chic and exciting, with a sense of community among emerging designers. [Extracted from the article]

In recent years, thecompany has introduced cloth simulation,body mesh and SnapML, and this year,alongside updates to Camera Kit, it alsobirthed the ARES division, short foraugmented reality for enterprise services,and Shopping Suite, its first offering. -- Kathryn Hopkins Barbara Lavernos L'ORÉAL DEPUTY CEO IN CHARGEOF RESEARCH, INNOVATION ANDTECHNOLOGY Since stepping into the new role of L'Oréaldeputy chief executive officer in charge ofresearch, innovation and technology in May2021, Barbara Lavernos has been helping theworld's largest beauty company trail-blazethe future of beauty. As the helm of the teams at Snap leadingthe strategy and launch of its augmentedreality enterprise products, developmentsoftware and tech innovations in AI andML, Carolina Arguelles Navas is, in manyways, the public face of Snapchat's ARinitiative -- a top priority for the company,as it pursues realistic digital appareltry-ons. WWD x FN x BEAUTYINC Women in Power From major public company CEOs to celebritiesshaping fashion culture, see who made this year'sWomen in Power list June Ambrose CREATIVE DIRECTOR & DESIGNER,WOMEN'S HOOPS, PUMA Celebrity stylist, costume designer andcreative director June Ambrose's careerhas spanned more than 30 years. -- Jennifer Wei Nell Diamond FOUNDER AND CEO, HILL HOUSE HOME Nell Diamond, the 35-year-old founderand chief executive officer of Hill HouseHome, runs a company that's beenshowing aggressive growth since it waslaunched in 2016. [Extracted from the article]

Byline: LISA LOCKWOOD Photographs by MARK MANN Homeward -Bound Now that Elizabeth and James is in-house, the Olsens reveal their strategy for the brand. 'We're very involved with product and [...]

Donatella Versace and Santo Versace are expected to carry forward the work of their late brother, fashion designer Gianni Versace. Santo Versace has been with the family firm since 1976 and has been chief executive officer for a number of years. Donatella Versace has been in charge of the Versace line after overseeing the accessories collections, and has been a confident of Gianni Versace for advice in running the business., The future of one of fashion's biggest houses is now in their hands. With their brother, Gianni, gone, all eyes will be on Santo and Donatella to carry his work [...]

Public stock offerings, licensing and higher income has made top designers richer than ever during 1997. Fashion industry tycoons such as Ralph Lauren, Nike's Philip Knight and Ronald Lauder have been listed among Forbes magazine's wealthiest Americans. Ralph Lauren is particularly well endowed with a 70% ownership of his firm, a very profitable licensing division and a hefty paycheck., NEW YORK -- Fashion's perks are getting pricier: Private planes, weekend palaces, fleets of cars and art by the modern masters, to name a few. Many a fortune has been [...]

Fashion houses are raiding each other for talent, and company loyalty appears to be a thing of the past. Increased competition, a shortage of talent, and the desire for immediate results are among the reasons behind this trend. As salaries have gone up, key executives and designers have become more willing to switch companies. Fashion firms are no longer willing to give young professionals time to prove themselves, executive recruiter Don Ross added., NEW YORK -- It's open season in the fashion world. Liz Claiborne poaches CK's Denise Seegal, CK snags Tahari's Tom Murry, Karl Lagerfeld plucks John Galliano's Amanda Harlech. Ann Taylor [...]

Many fashion designers have discovered the the contemporary craze for celebrities in all forms has made public appearances and celebrity events a lucrative activity. Many designers are more willing than in the past to embrace the American media circus and appear on talk shows, do commercials, or event, in the case of Isaac Mizrahi, a film. Most designers will draw a crowd and have seen their sales shoot up after a publicity event., NEW YORK - Job description: Must be telegenic, comfortable in front of a camera, able to memorize lines, have good voice quality, and entertaining personality, tell funny stories, be a [...]

Calvin Klein has used a $58 million loan from Citibank N.A. to buy back junk bonds from David Geffen and to finance a successful reorganization of his clothing lines and merchandising operations. The designer has replaced his financially ailing Calvin Klein Sport lines with the popular CK Calvin Klein and CK Jeans collections, which have had strong sales. Klein has also reorganized and expanded his international business, which includes the establishment of a Calvin Klein Co in Japan, to replace a licensing arrangement., NEW YORK -- 'I'm always under pressure,' said Calvin Klein. 'I always feel pressure. And I'm going to perform for the banks.' Indeed, the heat is on Klein to deliver [...]

Byline: BY LISA LOCKWOOD PUBLIC THEATER 'I would say there's more attention on it [fashion] than ever before; it's not a private little insiders' game now.' That's the response from [...]

Byline: EDITED BY DONNA HEIDERSTADT BY LISA LOCKWOOD PHOTOGRAPHS BY GEORGE CHINSEE Donna Revealed On the eve of publishing her memoir, Karan discusses her past, present and future. 'I knew [...]

Byline: EDITED BY DONNA HEIDERSTADT BY LISA LOCKWOOD PHOTOGRAPH BY SASHA MASLOV Kenneth Cole Reactivates Three years after taking his company private, the designer is advancing his business model. Changes [...]

Briefs QUOTED 'Sometimes to get a political message across, having a commercial brand support an issue can actually help....The thing that you have to be worried about is that it's [...]

Byline: BY LISA LOCKWOOD KARLIE KLOSS DVF's secret agent girl. Karlie Kloss is coming to a small screen near you - in more ways than one. ¶ The 22-year-old model [...]

Byline: Lisa Lockwood Photograph by Martien Mulder Donna: To Be Continued Donna karan is still dreaming big. Despite a highly emotional time for the 66-year-old, who last week stepped down [...]

Byline: - LISA LOCKWOOD The Beene Project Donations to the Geoffrey Beene Cancer Research Center have exceeded $144 million since 2006. 'I want to do something that will make [Geoffrey [...]

Byline: LISA LOCKWOOD Undressing With Kendall Heralding the return of 'The Original Sexy.' Kendall Jenner loves posing in her underwear. Jenner, one of the most followed and photographed people in [...]

Briefs NEW LABEL Jed Is Back Jed Krascella, who as vice president of design worked with Perry Ellis in the late Seventies and Eighties and went on to be executive [...]

Byline: - LISA LOCKWOOD Leeds' Living Legacy Laurence C. Leeds Jr. has realized a long-held dream in opening the Cary Leeds Center for Tennis & Learning in New York City's [...]

Byline: LISA LOCKWOOD and MARCY MEDINA EDITED BY ARTHUR ZACZKIEWICZ Band of Outsiders Stops the Music Finding it tough to be independent, the buzzy L.A. contemporary men's and women's brand [...]

Byline: LISA LOCKWOOD Gabriella Forte Named CEO of David Yurman NEW YORK - Gabriella Forte, a longtime board member of David Yurman, has been named the company's chief executive officer. [...]

Byline: LISA LOCKWOOD Finley Film in the Works NEW YORK - Ruth Finley, founder of the Fashion Calendar, who turned 95 in January, is gearing up for her next career [...]

Byline: LISA LOCKWOOD CFDA, Alice + Olivia Partner on Initiative NEW YORK - Alice + Olivia by Stacey Bendet has forged a three-year partnership with the Council of Fashion Designers [...]

Byline: LISA LOCKWOOD NPD: Apparel Sales Big in N.Y., L.A. New York and Los Angeles are the largest U.S. markets for apparel sales - accounting for 8 and 5 percent [...]

FASHION SCOOPS NO BOX SEATS FOR WOODY: For diehard dance fans, the Youth America Grand Prix is a night at Lincoln Center that is not to be missed. Thursday's Bulgari-sponsored [...]

Byline: LISA LOCKWOOD Kohl's Signs Thakoon For One-off Collection Thakoon Panichgul is next up in Kohl's Department Store's seventh installment of its DesigNation limited-edition collection. The misses' apparel collection and [...]

Byline: LISA LOCKWOOD Catherine Malandrino Honored for French Influence in Industry NEW YORK - 'You're the quintessential Parisian and perfect New Yorker. You personify French style,' said Franéois Delattre, French [...]

FASHION SCOOPS BRAZILIAN FETE: Ralph Lauren celebrated the opening of its first Brazilian store in Séo Paolo earlier this week with a cocktail party hosted by José Auriemo , chairman [...]

Byline: LISA LOCKWOOD Pepsi's Project Cobalt Launches Line Project Cobalt, a new culture platform from Pepsi, will unveil its first clothing collection this week. The spring line is designed by [...]

Byline: LISA LOCKWOOD Ralph's Brazilian Vibe Ralph Lauren is making some Brazilian moves. The company will open a store in Séo Paulo on Tuesday, on the ground floor of Cidade [...]

FASHION SCOOPS MARANT'S MOMENT: You'd be hard-pressed to find an article on Isabel Marant that didn't at least mention her provenance. 'She's got that Parisian cool thing down,' Mamie Gummer [...]

Byline: LISA LOCKWOOD NYFW's New Homes: Uptown and Down NEW YORK - And the winners are: Midtown and west SoHo. IMG has confirmed that New York Fashion Week will move [...]

Byline: LISA LOCKWOOD Fred Segal to Open Tokyo Shopping Center Fred segal's first overseas move is finally becoming a reality. Next week the retailer will unveil a 10,000-square-foot shopping center [...]

Byline: LISA LOCKWOOD Vuitton's New Designs on Miami Louis Vuitton will unveil its permanent digs in Miami's Design District today. The store, located at 140 NE 39th Street, represents the [...]

MEMO PAD SHINOLA GETS SMART: Shinola is at it again. In 2013, following Detroit's bankruptcy filing, the watch manufacturer that is headquartered in Motor City took out an ad in [...]

Byline: LISA LOCKWOOD Campaign to Support Nashville Fashion Nashville, which has gained a reputation for its bustling music, technology and health-care scene, is looking to bring similar clout to the [...]