BERLIN — The Tommy Hilfiger Group is bringing its European tailored apparel business in-house as of the spring 2013 season.
The Amsterdam-based company announced an agreement Monday afternoon to take over the men’s tailored clothing, dress shirt and tie business from the Holy Fashion Group, which has produced the range under license since its European launch in October 1998. Terms of the agreement, which is expected to close by Dec. 31, 2012, were not disclosed.
Daniel Grieder, chief executive officer of Tommy Hilfiger Europe, said the tailored apparel business, which represents well over $100 million in retail value, will be integrated into the Tommy Hilfiger European operation as is. “I’d like to emphasize that this business was successfully built by the Holy Fashion Group from Day One, and it’s been very important imagewise for Tommy Hilfiger. But we also believe we can optimize product development and product offer in some areas,” such as dress shirts, given parent company PVH Corp.’s status as the largest dress shirt company in the world.
Heading the new in-house tailored division, Hugo Boss alumni Michael Berngruber has joined the company as vice president, tailored clothing Europe, reporting to Grieder. Marcel Ostwald has been named the tailored division’s creative director. He was most recently senior head of creative management for the Boss Selection and tailored lines.
Grieder stressed the Holy Fashion Group remains an active partner for the next year and would ensure a smooth transition of the business. Holy Fashion Group’s ceo Reiner Pichler added the change offers the Kreuzlingen, Switzerland-based group a well-timed opportunity to concentrate on its own brands. “The development of both companies has been extremely strong in the last 13 years. When we started with Tommy Hilfiger, we only had Strellson. Now we’ve integrated the Joop and Windsor brands for men and women into the company and have three important brands selling in 50 countries.”
Harrods plans to remove the famous statue of Princess Diana and Dodi Al Fayed from the bottom of the Egyptian escalators and hand it back to Mohamed Al-Fayed. “We are very proud to have played our role in celebrating the lives of Diana, Princess of Wales and Dodi Al Fayed at Harrods and to have welcomed people from around the world to visit the memorial for the past 20 years,” said Michael Ward, Harrods managing director. “With the announcement of the new official memorial statue to Diana, Princess of Wales at Kensington Palace, we feel that the time is right to return this memorial to Mr. Al Fayed and for the public to be invited to pay their respects at the palace.” More on the news, with reporting by @loreleimarfil, at WWD.com. #wwdnews
@prada is introducing a new project at its men’s fall 2018 show this Sunday: “Prada Invites.” The fashion house invited four celebrated creative minds – @ronanaerwanbouroullec, Konstantin Grcic, @herzogdemeuron and @rem.koolhaas – to each create a unique item with its iconic nylon material. The designs will be unveiled on the runway show, which will take place at the company’s warehouse in Viale Ortles 25. #wwdfashion #mfwm (📷: @martinocarrera)
@kering_official is spinning off its stake in puma in an effort to focus on its luxury brands, the brand operator announced yesterday. “We are proud to have supported the turnaround of Puma, which now has unrivaled capabilities to take full advantage of the specific dynamics of its global markets and is poised to achieve substantial growth,” said François-Henri Pinault, Kering’s chief executive officer and chairman. Artémis will become a “long-term strategic shareholder” of Puma with a 29 percent stake. #wwdnews #wwdfashion (📷: @jilliansollazzo)
The fashion world mourns for celebrated street style photographer, Nabile Quenum, who died at age 32 in Paris.
Quenum, creator of the fashion blog “J’ai Perdu Ma Veste,” was a fashion week fixture, and regularly shot for New York magazine’s The Cut, among other outlets, and brands such as Louis Vuitton, Moncler and Adidas. He was also actively involved in the #NoFreePhotos initiative, which kicked off in the fall. Read more about Quenum in @kbsmoke's story on WWD.com. #wwdnews
@verwanggang and @maisonladuree have teamed up on a dessert collab called Vera Wang Pour Ladurée. The collection, which launched this week, features a specialty macaroon, as well as a wedding cake inspired by one of the designer’s gowns. “I could not imagine a more delicate or sophisticated creation to grace any couple’s celebration,” said Wang. #wwdfashion