LONDON — In a pivotal year for the company, Victoria Beckham Ltd. has named industry expert Ralph Toledano as chairman, with immediate effect.Toledano, a Frenchman who has managed brands including Guy Laroche and Chloé, and who is president of the Fédération de la Haute Couture et de la Mode, will work closely with the team on the creative vision and help to prepare the business for its next phase of growth.Beckham said Toledano brings “unrivaled industry experience. Since I founded the company 10 years ago, I have always looked to bring on board the best people to help me deliver my vision.”Beckham is marking 10 years in business this year, and plans to celebrate with a spring 2019 show at London Fashion Week in September. The company also plans to mark the anniversary with other initiatives throughout the year, including special pieces and activations. Last month, during New York Fashion Week, Beckham showed her fall collection with intimate presentations on Manhattan’s Upper East Side, recalling the early appointments she held in N.Y. for the then-fledgling business.Last December, the company received a 30 million pounds investment from NEO Investment Partners, and Toledano’s appointment is the first major management move since then.David Belhassen, founder and managing partner of NEO Investment Partners, said: “Ralph will partner with shareholders to steer the brand through the next phase. His vision and experience, coupled with Victoria’s innovative approach to fashion, is a powerful partnership and will enable the company to realize its strong growth ambitions.”Toledano called Beckham “an artist, designer and entrepreneur who remains driven in her ambition for her brand. She is at the forefront of the shifting and increasingly digital fashion landscape and, having established her brand vision over the past decade, is now uniquely positioned to communicate this vision directly to her customers.”He added that his ambition is to turn the brand into a modern luxury group.Toledano was most recently president of Puig Group’s fashion division and has run companies including Karl Lagerfeld’s namesake brand, Guy Laroche and Chloé, where he named Phoebe Philo artistic director following Stella McCartney’s exit. He has also served as chairman of St. John.In 2016, Toledano was re-elected president of the Fédération de la Haute Couture et de la Mode. He has held the post since 2014, when he succeeded Didier Grumbach, who remains honorary president.Victoria Beckham Ltd. said that with Toledano in place, it is planning for further geographical expansion, particularly in Asia, a focus on direct-to-consumer sales and a review of the cost base to return the company to profitability.As reported, global revenues for the year ending December 2016 were 36 million pounds, while losses grew to 8.5 million pounds from 4.76 million in 2015, due to investments in design, marketing and sales, the company said. In the first half of 2017, revenues grew in the double digits.The investment from NEO has been earmarked to enhance digital and physical retail presence, drive growth in core categories and launch into new categories and collaborations. The company said it plans to move to new west London premises in the spring.The brand currently produces the main line Victoria Beckham, a sister line called Victoria Victoria Beckham, accessories, footwear and eyewear. It operates a flagship store at 36 Dover Street, London, and another store in Hong Kong with the Joyce Lane Crawford group and retails through 400 stockists and in more than 50 countries.Over the years, Beckham has partnered with retailers and brands including Target, The Estée Lauder Cos., and Reebok.
In honor the @CFDA’s announcement of @iamnaomicampbell receiving the Fashion Icon Award at the 2018 #CFDAAwards, which will take place on June 4, here’s a #tbt of the supermodel on @michaelkors’ runway in 1991. #wwdfashion #wwdarchive (📷: George Chinsee)
“I was making the guacamole when my scout saw me,” says model @stuckinteenage on being discovered just six months ago while working at @chipotlemexicangrill. Since then Williams has signed with @dnamodels, walked in her first show at @calvinklein and landed on the cover of @vogueitalia – a high point of any model’s career. To read @lisajlockwood’s full interview with the model on her experiences thus far, head to WWD.com – link in bio. (📷: George Chinsee)
“I love the idea of dialogue, period. It’s where I’ve always gotten my inspiration from: hearing other women speak, their journeys and their paths,” said @hereisgina, who delivered the keynote speech during @sxsw for @createcultivate in partnership with @fossil. For her two panels, Rodriguez chose female empowering, female-led and female entrepreneurs to focus on. Head to WWD.com to read more about her thoughts on Time’s Up, growing up in a family of women and why we “need a girls’ club.” #wwdeye #sxsw (📷: @jgreenery)
Leading luxury brand are shaking things up to keep up with streetwear. Case in point: the arrival of @mrkimjones as artistic director of @diorhomme. Jones, who succeeds @Kris_Van_Assche, is seen as one of the handful of designers who can actually straddle the luxury and streetwear worlds — which could lead to even more changes at established brands. What could this mean for the rest of the menswear landscape? Head to WWD.com to find out what experts predict #wwdfashion (📷: @franckmura)
“It’s like buying groceries. You’re going to buy the best mango, the best mozzarella, the best things. You have to, or others are going to take it all,” said @gabrielahearst on why she uses only the finest fabrics. Last week, Hearst received her first @cfda nomination for Womenswear Designer of the Year, and earlier this month she opened a permanent showroom in Paris. To read @jessiredale’s interview with the designer and find out why this is shaping up to be a big year for her, head to WWD.com. #wwdfashion (📷: @francoisgoize)
“It’s an interesting thing, playing a younger version of your mother. It’s an interesting concept. I adore my mom and love her in every capacity, but it was just something that had never crossed my mind,” says @anniemstarke on playing a young Joan Castleman in “The Wife.” The same role will be played by her mother Glenn Close. Read more about her growing up in the film industry as the daughter of producer John H. Starke and Close and what she has planned for the future #wwdeye (📷: @nataliamantini)
@asics is launching a new streetwear sneaker inspired by its latest ambassador, @steveaoki. The Hyper-Kenzen x Aoki, which will launch at @footlocker stores exclusively tomorrow, is a slip-on style that incorporates the brand’s proprietary Gel technology through beads integrated into the midsole for comfort and endurance. Read the full story on WWD.com.