NEW YORK — Sidney Toledano, Pandora, Farfetch and Inditex will join Ralph Lauren as honorees at the first annual WWD Honors awards, which will be presented during the opening night of the WWD Apparel & Retail CEO Summit on Oct. 25 here.
Lauren, executive chairman and chief creative officer, will be awarded the first-ever John B. Fairchild Honor, named for the late WWD chairman and editorial director, recognizing a career of influence and distinction.
Toledano, president and chief executive officer of Christian Dior, will receive the CEO/Creative Leadership honor for building the couture house into a global powerhouse amid the ever-changing luxury market. He is adjusting to the times again, having brought in Maria Grazia Chiuri to be the brand’s seventh couturier, and its first female one.
Pandora will be recognized as Best-Performing Company — Large Cap. The Copenhagen-based jewelry company’s sales grew 34 percent over the past 12 months as its stock price; return on equity; earnings before interest, taxes, depreciation and amortization; gross profits; net profits, and digital engagement collectively put it atop a list of 104 of the largest fashion companies in the world.
Farfetch will take home the honor of Best-Performing Company — Small Cap, having grown dramatically by building a digital community of more than 400 fashion boutiques that has breathed new life into old stores — and supported newly opened ones — from New York to Bucharest to Riyadh. The company is also doing bricks-and-mortar its way since buying London boutique Browns last year.
Inditex will receive the Corporate Citizenship honor for working tirelessly with its employees, suppliers and in local communities to create more ethical, safe and community- and environmentally friendly products. The fast-fashion retailer’s “Right to Wear” philosophy puts sustainability at the center of all of its business decisions.
“From individual lifetime achievement in leadership and design, to driving huge volume in merchandise sales, to promoting safe, ethical and environmental standards in manufacturing, the honorees recognized here represent the vanguard in an ever-evolving fashion world,” said Ed Nardoza, editor in chief of WWD.
Amber Mundinger, vice president, new ventures and general manager of Fairchild Summits + Events added, “WWD Honors is a remarkable opportunity for us to recognize vision and leadership across the fashion and retail landscape. This event reflects today’s business climate while simultaneously honors the heritage of Mr. Fairchild, the WWD brand and the fashion industry.”
The opening night cocktail reception at the ceo summit will be sponsored by Hudson Yards, while the dinner will be sponsored by American Express.