In Brief: Done Deal … AMEREX Names VP … Dressing Like Annika …
LVMH Moët Hennessy Louis Vuitton has sold its Spanish Chandon subsidiary to Freixenet, the Sant Sadurni d’Anoia, Spain-based sparkling wine maker. Freixenet was said to have paid $14.9 million (converted from 13...
LVMH Moët Hennessy Louis Vuitton has sold its Spanish Chandon subsidiary to Freixenet, the Sant Sadurni d’Anoia, Spain-based sparkling wine maker. Freixenet was said to have paid $14.9 million (converted from 13 million euros at current exchange) for the business, including a wine cellar and 358 acres of vineyards.Freixenet executives could not be reached. An LVMH spokesman would not comment on terms of the deal, but said the sale of the Spanish Chandon subsidiary is part of his firm’s strategy to concentrate on its star brands. In the wines and spirits division, these are notably in the cognac and champagne businesses.
AMEREX NAMES VP:
Monica Alvarez-Mitchell has been promoted to vice president of the Amerex Group, a multibrand outerwear firm. In the past 18 months, Alvarez-Mitchell, who was director of marketing and creative services, made a major push to update the firm’s marketing and advertising. “Her tenacious and creative efforts have enabled Amerex to begin to strategically move into a marketing-driven company,” said Glenn Palmer, president and chief executive officer. Amerex produces women’s outerwear under its own labels One Madison, Weather Tamer, Gerry, Static, Bombshell, Alpine Studio and Mulberry Street, as well as licensed lines for Jones New York, Mudd, Rampage and Gloria Vanderbilt. Alvarez-Mitchell reports to Palmer.
DRESSING LIKE ANNIKA:
Annika Sorenstram fans will be able to dress like their favorite pro golfer thanks to her new signature collection that will be launched in December by Cutter & Buck. Tournament Collection by Annika will feature items Sorenstram wore at this year’s Bank of America Colonial PGA Tournament, including knit tops, pants, shorts and a wind jacket. Last week, Sorenstram renewed her endorsement deal with the company for three years, as reported.
Alberta Ferretti's "Rainbow Week" sweaters are back. The designer closed her #MFW show with a few day-of-the-week sweaters, which first debuted on the catwalk last January as part of the pre-fall 2017 collection. #wwdfashion (📷: @delphineachard)