Industry leaders gathered at The Pierre hotel in Manhattan for the WWD CEO Summit to discuss the consumer, the state of business and the challenges of the fashion calendar.
The market-beating performance helped propel Kering’s revenues up 10 percent in the third quarter to 3.18 billion euros, or $3.54 billion.
The brand will reposition its main Sonia Rykiel line with the introduction of lower prices points to guarantee its long-term growth.
With Camp, Hearst continued its strategy of investing in data and information-based companies, while growing its media assets.
An analysis of three-year’s worth of data showed the impact of marking down apparel.
Rick Helfenbein called Alibaba’s response to the organization’s complaint over counterfeits the “stupidest defense I’ve ever heard a company make”.
The investment firm sees strong potential for the French underwear label in the affordable luxury segment.
Ceo David Schneider had no fashion experience when starting the company eight years ago.