Lagerfeld likely will join Lauren in dressing the incoming First Lady.
In naming Reed Krakoff to lead its design, Tiffany could be hedging its bets on a category already laden with Millennial upstart brands.
Under ceo Fabian Garcia, Revlon plans to grow into a $5 billion company in five years.
Penney’s stock saw its worst day in more than 30 years of trading, while A&F fell 13 percent after reporting a drop in first-quarter profits.
Under the new ownership of PPR, the Italian label takes a multipronged approach.
Most recently, she served as fashion director of women’s Co-op.