PARIS — Drawing on its deep management reserves, LVMH Moët Hennessy Louis Vuitton has tapped Fabrizio Malverdi, managing director at John Galliano, to helm Givenchy, WWD has learned.
Malverdi — an Italian national who drove Galliano to profitability and steered expansion into fragrance, children’s wear, eyewear, watches and jewelry — is expected to start as Givenchy’s managing director on Oct. 6. An announcement is expected as early as today.
His successor at Galliano has yet to be named.
At Givenchy, Malverdi will succeed Marco Gobbetti, who, as reported, was promoted to president and chief executive officer at Celine in conjunction with the appointment of British designer Phoebe Philo as the brand’s new artistic director. She will present her first Celine collection next March for the fall-winter 2009 season.
Philo’s appointment came in tandem with a management shuffle at LVMH that also saw Celine ceo Serge Brunschwig promoted to chief operating officer at Christian Dior Couture.
Malverdi joined Galliano in June 2006 after six years at Italy’s Mariella Burani Fashion Group, where he held various management responsibilities, including licensing and integrating and acquiring companies. His last title there was managing director of Mila Schön and he floated its accessories subsidiary Antichi Pellettieri. His résumé also includes stints at Benetton, La Perla and Staff International, both in Europe and in the U.S.
As Givenchy’s managing director, Malverdi will be charged with accelerating development at the brand with creative director Riccardo Tisci, and building on the accomplishments of Gobbetti, who will remain a board member of the house.
During his four-year tenure, Gobbetti partnered with Tisci to bring a more modern and succinct image to Givenchy, build the wholesale business and create a new retail concept for the storied label. The gallerylike Paris boutique, with black boxes evoking the feeling of several boutiques in one store, opened in February here on the Rue du Faubourg Saint-Honoré.
“The brand has been repositioned and the market has well understood the new identity and the new products,” Gobbetti said Friday. “I will make sure that the transition is as smooth as possible.”
Givenchy entered the black last year, fueled by sales momentum led by women’s fashions by Tisci, who now also oversees Givenchy men’s wear.
As one of the most recognizable models in the world, Christy Turlington Burns has an insider’s view of the fashion industry and the allegations of sexual harassment swirling around it. “I can say that harassment and mistreatment have always been widely known and tolerated in the industry. The industry is surrounded by predators who thrive on the constant rejection and loneliness so many of us have experiences at some point in our careers,” Turlington told WWD, along with her suggestions for how the modeling world should protect younger women and men. Read more on WWD.com. Link in bio. (📷: Tony Palmieri) #wwdnews
@asics America has tapped a new brand ambassador: famed DJ/record producer @steveaoki. This initiative is intended to set the tone for the new brand identity and philosophy and will include partnerships with influencers and in-store and off-line activations that will continue into next year. This is Asics’ most significant marketing effort in two decades, and is expected to attract younger consumers to the brand. #wwdfashion
24-year-old Jean Prounis is redefining the rules of jewelry. Formerly a studio assistant to Jemima Kirke and a design apprentice at Ghuran, she focuses on handcrafted subtleties and ancient goldsmithing techniques. “There was a really sterile feel in the environment and I wanted to have jewelry with character that shapes how you wear it everyday,” Prounis said. Each piece is hand made in New York, either by Prounis or three other jewelers in the district. #wwdfashion
“These collections continue to build on that vision, empowering differently abled adults to express themselves through fashion,” said @tommyhilfiger of his line of adaptive apparel, which launches today. The line consists of 37 men’s and 34 women’s styles based upon the pieces from the spring Tommy Hilfiger sportswear collection. #wwdnews
“Stranger Things” is getting a new cast member for season 2. Meet @sadiesink_, the 15-year-old who will be joining the Netflix series for its new season. You may recognize her from “The Glass Castle” with Brie Larson and Woody Harrelson, but the Texas native’s next role goes in an entirely different direction. She describes her character, Max, as “a rough and tumble skater girl [who] becomes friends with the boys at school.” The second season debuts on October 27. (📷: @jgreenery) #wwdeye
Amid the Harvey Weinstein controversy, there’s another sector that’s being put under the spotlight for sexual abuse: the modeling industry. While rumors about abuse and sexual harassment of female and male models — and the photographers, agents and others who perpetrated it — have circulated within the fashion world for years, model @cameronrussell started posting stories from models on Instagram last week about abusive situations they’ve encountered — from sexual harassment and molestation to attempted rape. Over 75 have weighed in so far. Read more on WWD.com. Link in bio. #wwdnews
To celebrate its 16th anniversary, @dylanscandybar tapped designers and celebrities to create mosaics out of candy. The mosaics will be auctioned off to support the philanthropic cause of each participant’s choice. Pictured here is the mural created by @aliceandolivia's Stacey Bendet. For a first look at some of the other artwork being unveiled tonight, go to WWD.com. #wwdeye
The annual Veuve Clicquot Polo Classic in Pacific Palisades this weekend drew Kate Hudson, Tracee Ellis Ross, Laura Dern and more. See pictures of the star-studded event on WWD.com. (📷: @chelsealaurenla) #wwdeye
In his new book “Hollywood Royale,” Andy Warhol’s Protégé Matthew Rolston celebrates the Eighties revival of Hollywood glamour. Featuring more than 100 portraits taken by Rolston from 1977 to 1993, the book contains photos of icons like Michael Jackson, Cyndi Lauper, and @drewbarrymore, pictured here in 1991. “Hollywood Royale,” out today, will be accompanied by an exhibition opening at Los Angeles’ Fahey/Klein Gallery on March 1. #wwdeye