Ralph Lauren’s Patrice Louvet to Focus on Consumer Component of Turnaround
While the company is making progress on turning around the business, some observers think a nine-month lead time is still too long given the changing retail backdrop and shifts in consumer shopping patterns.
A collaborative leadership style, diverse experience across channels and an operations expert — plus a specialty in leveraging consumer insights.
According to Ralph Lauren Corp.’s chief financial officer Jane Nielsen, those were the key qualities on why Patrice Louvet is the right person to take on the role as the group’s president and chief executive officer in July. Nielsen provided some details on the hiring and thought process behind Louvet’s appointment during a company conference call to Wall Street analysts Thursday after it posted fourth-quarter and full-year earnings results.
“Big guys are forgotten,” Shaquille O’Neal tells @jeanpalmieri about his new big and tall line for J.C. Penney. “Look at all the models out there. As a big guy, I don’t just want to wear a plain black suit, so I created a line that is sexy and fashionable.” Shaquille O'Neal XLG clothing and furnishings will hit 350 stores and online on Sept. 12. #wwdmens #shaq
Karl Lagerfeld has teamed up with model-of-the-moment Kaia Gerber on a collaboration for his namesake brand. The Karl Lagerfeld x Kaia capsule, launching Aug. 30, is the company’s largest collab to date. #wwdnews #karllagerfeld #kaiagerber
Kodie Shane is the 19-year-old rapper to watch, writes @leighen. The first of her several singles drops today — and, at long last, her debut album due this September from Epic Records. Read more on WWD.com (📸 @lexieblacklock ) #wwdeye #kodieshane
“Constance [Wu] was sort of the grounded character, so she was more like Ralph Lauren, you know more American looks and not such bright colors,” costume designer Mary Vogt tells @loreleimarfil about creating the looks for the runway hit movie Crazy Rich Asians. “She was very involved in her look, absolutely, and she looks distinctly different from everyone else in the film. Kevin [Kwan] felt that she was very grounded, that she wore light colors, wore lots of linen when she went to Singapore. That she looked like an all-American girl, a little bit like a fish out of water going into this other world.” Swipe for more looks from the movie. 👉 #wwdeye #crazyrichasians
Aretha Franklin’s Inauguration performance — and her now-iconic hat — got a lot of attention back in 2009. The Luke Song chapeau is now a national artifact at the Smithsonian. “It just took on a life all its own,” she told WWD a few days after her performance, surprised it had received that much attention. “Well, I do have good taste, I do have good taste.” #wwdeye #arethafranklin
Behold the $350 straw.
Seizing on the plastic straw ban, which have been widely declared an environmental nuisance, fashion firms are stepping up to offer fancy versions of metal straws — some painted with colorful stripes, others dipped in gold. Miansai and Tiffany & Co., pictured, are two companies are leveraging their expertise in precious metals to create straws that enable them to “join the conversation,” reports @mistywhitesidell . .