The enforcement committee of France’s stock market regulator, AMF, on Monday imposed its highest fine ever on LVMH Moët Hennessy Louis Vuitton over the way the luxury conglomerate acquired a 17 percent stake in rival Hermès International.
In a management shake-up that caught many by surprise in the midst of couture week here, YSL parent Kering said Tuesday that chief executive officer Paul Deneve, who recruited Slimane and implemented a daring rejuvenation drive, would leave the French fashion house after two years. He is to be succeeded effective Sept. 1 by Francesca Bellettini, an executive director from Kering-owned Bottega Veneta known for her merchandising prowess.
Karl Lagerfeld has always viewed couture as a genre that, though steeped in tradition, must embrace and achieve currency. For fall, he addressed that belief in the title of his show — “The Old World and the New World” — and used his set to drive home the point.
This was a complicated collection. Complicated in the most literal sense, with a whole lot going on, drawn as it was from Raf Simons’ sartorial studies of women from four reaches of the world: Europe, Africa, Asia, the Americas (sorry, Australia).
Couture Week, which kicked off Sunday, looks as fizzy as a glass of Ruinart Blanc de Blancs Champagne. The shows over the next four days will feature a variety of fashion comebacks — from double Dutch to major league, plus a mystery one — along with enough parties to empty a wine cellar.
Front row at @fendi: @elliegoulding was at the show, fresh off releasing the finale song for the latest Bridget Jones flick. "I grew up with Bridget Jones and it was exciting and fun to work on the song. It's a fun and amazing character and I can relate to her." - Goulding #MFW
#MFW Designer Inspirations: "An evocation of dreams, hopes and memories, like a bottle with a letter inside or a magic lamp that looks after your own desires." - Salvatore Piccione on @piccione.piccione's spring collection
“I love the idea that her army and her women landed at Deauville’s beach in 1930,” Erdem Moralioglu tells WWD about his Spring 2017 collection. “To me, the show was about a landing. There was something so very interesting about the idea, these 1650 nipped-in jackets with these Deauville-y cropped trousers and these sun hats.” #lfw 📷: @giovanni_giannoni_photo
Ralph Lauren's new evening time slot at Fashion Week meant it was the perfect opportunity to amp the show's beauty game. See our exclusive interview with @tompecheux and @guidopalau about the look on WWD.com. Link in bio.