Indochino, a Vancouver-based omnichannel men’s wear brand, has beefed up its management team.The company has brought Randy Binning on board as vice president of retail operations and promoted Dean Handspiker to vice president of design, product and showroom development.Binning has spent the last 15 years at Guess Inc., where he has served as both director of West Coast North America and then director of stores for Canada. At Indochino, he will be charged with leading a consistent customer experience across all locations and work to ensure continued profitability as the company expands.Handspiker will be responsible for the overall look and vision of the Indochino products and will oversee the seasonal design of the brand’s suits, shirts and accessories. He will also work to ensure a consistent message in each of the company’s showrooms.“Building a world-class team of dedicated, highly skilled and forward-thinking people has been a top priority for us in the past couple of years and we are thrilled to welcome Dean and Randy to our senior management team simultaneously,” said Drew Green, chief executive officer.In April, Indochino opened three showrooms in Western Canada, bringing the total to 13. There are also five additional showrooms planned for the U.S. this year.Indochino, which creates online custom clothing, was recently rumored to be among the companies being eyeballed by Amazon for acquisition as that company continues to increase its focus on fashion.However, Green denied the report saying that he is “not actively looking to sell the business. We want to operate it and be the best we can be.”Green joined the company at the end of 2015 and last March secured a $30 million investment from China’s Dayang Group, one of the world’s largest suit manufacturers that counts Warren Buffett as a major fan. Since its founding in 2007, Indochino has received around $30 million through Series B funding and from venture capital investors.More From WWD:Retail Sales Inch Up in April‘Downton Abbey’ to Get the Movie TreatmentDarphin, Chriselle Lim Host Beverly Hills Soirée
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