FROM H&M TO EB?: Fabian Mansson, former chief executive officer of Hennes & Mauritz, has emerged as the lead candidate to head up Eddie Bauer, sources said Wednesday. He would succeed Richard T. Fersch, who retired from the Seattle-based retail and...
FROM H&M TO EB?: Fabian Mansson, former chief executive officer of Hennes & Mauritz, has emerged as the lead candidate to head up Eddie Bauer, sources said Wednesday. He would succeed Richard T. Fersch, who retired from the Seattle-based retail and catalog firm last January, as president and ceo.
Bauer, a division of Spiegel, has been grappling with design directions and difficulties connecting with consumers for several seasons, and has recently been closing more stores than its been opening. Responding to the report, a Spiegel spokeswoman said: "We have not hired anyone yet. It’s premature to say that we’ve successfully filled the job."
While Bauer tends to be more classic and casual than trendy young H&M, Mansson’s broad experience at the Swedish chain is well suited for the troubled Bauer. He rose up the ranks of H&M in the Nineties, serving as a controller and a merchant, and became ceo in 1998. He left in 2000 following a drop in earnings.
Likewise, Fersch left Bauer just when that business was tumbling. But he is credited with growing the brand into an international, tri-channel retailer, with sales increasing from $900 million to more than $1.6 billion. Bauer officials could not be reached.
A BIGGER DROP: Rabid downtown shoppers have another stop: Big Drop, the SoHo boutique at 174 Spring Street and purveyor of hip brands like Seven, Joie and Rebecca Taylor, is opening a second outpost Friday, just around the corner at 425 West Broadway between Prince and Spring Streets. The new, larger location (1,500 square feet) features cutting-edge designers like Development, Ya-ya, Petrozillia and Martin, while the old store, which is 1,200 square feet,will continue to develop less-established labels.
A room full of toiles at the haute couture atelier in the Dior exhibition at Les Arts Décoratifs, open in Paris since July 5. This is just one of three major exhibitions that have been timed to coincide with the house's 70th anniversary. See the rest of the exhibits, plus read WWD's look into the iconic brand's history. Link in bio. #wwdfashion (📷: @dominiquemaitre)
For spring, Pamplemousse's Danica Zheng presented her signature slip dresses attached to a white T-shirt along with floral windbreakers, off-the-shoulder cotton blouses and more. For more highlights from the New York trade shows, go to WWD.com. #wwdfashion
The Green Carpet Fashion Awards closed out Milan Fashion Week yesterday. The fashion industry flocked to the event, showing its efforts to support and spread the message of sustainability. Supermodel Gisele Bündchen said "if each one of us took at least one step is this direction, there is no saying how much could be done." #wwdeye #wwdfashion #mfw (📷: Lodovico Colli di Felizzano)
Etro’s show, titled “The Tree of Life,” was a celebration of the house’s 50th anniversary. “My father founded the company in 1968, which was the year of counterculture and psychedelia. It’s really a show that celebrates that and the paisley design of India and its origin,” said Veronica Etro. #wwdfashion #mfw #ss18 (📷: @delphineachard)
For @msgm’s spring 2018 show, creative director @massimogiorgetti said “Words, sounds, colors. Synthesis and therapy of a collection,” were the inspirations behind the collection, showing today. Read the rest of Milan spring 2018 inspirations on WWD.com. #mfw #wwdfashion #ss18
For her first solo album in over 10 years, Fergie tapped Carine Roitfeld, Mert and Marcus, Giovanni Bianco and more to create a fashion-focused video approach for the record, Double Dutchess. "Giovanni really helped me get back in touch with my tomboy side, my hardside," said the singer. #wwdeye #wwdfashion ( : @slovekinpics)