STRENESSE SHIFT: Strenesse chief executive officer Peter Kappler and chief financial officer Marc Höfig have abruptly left the German fashion house in response to a decision by the supervisory board, the company said. Kappler and Höfig assumed the top executive positions and leadership of the management board in July and majority shareholder Gerd Strehle, 64, who, with his wife, designer Gabriele Strenesse, built up the fashion brand, stepped back from daily operations. However, Strehle remained an adviser to the management and the board. Strehle will now take on Kappler and Höfig's responsibilities, according to an official statement. The company said it expects to appoint a new management board in the near future. "I didn't plan this. This was not my decision," Strehle told WWD. "We have a strong and autonomous advisory board, and they decided things couldn't continue as is. The manner in which we wanted to reach our goals was too different, and communication was extremely difficult." Strehle expects to act as board chairman. "I'm temporarily reassuming the position, at least until we have a new board," he said. Neither Kappler or Höfig could be reached for comment.
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)