Execs from Hermès, Hugo Boss, Printemps and other companies gathered at SKP to sip prosecco and tour the mall.
Francesco Risso will become creative director of the label.
The designer will present his fall 2017 men’s collection on Feb. 1.
Brand management firms are said to be taking a close look at American Apparel.
The French jewelry retail chain has also finalized the purchase of Italian chain Stroili, consolidating its position as European leader.
The British designer aims to relaunch his ready-to-wear brand with the fall season.
The Chinese textile concern plans to ramp up global expansion of Sandro, Maje and Claudie Pierlot, particularly in Asia.
Moving from plastics to fashion, the Chinese company buys the Los Angeles-based maker of clothes for Under Armour, Weavers and other brands.
The retailer is pulling levers to stay afloat, even if it means selling a crown jewel.
Shopify acquired Boltmade in order to accelerate the development of Shopify Plus, a platform for high-growth, high-volume merchants.