Tumi is parting with executive creative director David Chu almost two years after he was brought on board to help reposition the travel accessory company as a larger and more fashionable player in the luxury market.
Chu initially took an equity stake in privately held Tumi that he described as “meaningful and significant.” Chu and Tumi chief executive officer Laurence Franklin did not comment on whether Chu’s stake would change.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)