Francesco Risso will become creative director of the label.
The designer had most recently been freelancing after running his own label and working at Cerruti and Jack Wills.
Consumer sentiment fell for the second straight month in July.
Armand and Martine Hadida are kicking off celebrations of the 30th anniversary of their Paris chain of L’Eclaireur boutiques.
Anna Wintour is opening her home to President Barack Obama for a fund-raiser tonight.