Industry leaders gathered at The Pierre hotel in Manhattan for the WWD CEO Summit to discuss the consumer, the state of business and the challenges of the fashion calendar.
The market-beating performance helped propel Kering’s revenues up 10 percent in the third quarter to 3.18 billion euros, or $3.54 billion.
The firm?s own retail stores helped buoy results.
As the industry digested the news of a bankrupt Mervyns, rumblings grew of another potential Chapter 11 filing by a major retailer: Boscov’s Department Stores.
Diane von Furstenberg will continue in her role as president of the Council of Fashion Designers of America.