“Of all the fashion categories, handbags and accessories are still the one that has the most untapped potential.”
That’s according to Victor Luis, chief executive officer of Tapestry Inc., which is the parent company to the Coach, Kate Spade and Stuart Weitzman brands. WWD caught up with Luis in a telephone interview following the company’s conference call to Wall Street analysts Tuesday after reporting fourth-quarter results. And with Luis noting that the premium handbag and accessories market is now more than $45 billion, growing at low-double digits globally, does he worry that at some point women might decide they already have too many bags?
“I’m looking forward to jumping into the creative process and exploring fashion through a different lens,” said actor Michael B. Jordan exclusively to WWD about becoming the first face of @coach ‘s men’s business. Not only will the actor appear in its global ad campaigns, but he will also create a capsule with designer Stuart Vevers. Tap the link in our bio to learn more. #wwdfashion
“The name of the show is GP — giant pockets,” said Karl Lagerfeld pre-show, in his backstage meeting room at @Fendi to Bridget Foley. @Bellahadid was one of the many famous faces who graced the catwalk including @Gigihadid, @Adwoaaboah, and yes, even @Kendalljenner. #wwdfashion
Photographed by Kuba Dabrowski/WWD
“We are obsessed with Fendi and we want to share this obsession,” said CEO Serge Brunschwig to WWD. @Fendi will be releasing a new capsule collection Oct. 16 centered around the Fendi/Fila logo created by Instagram artist @Hey_reilly. Further proving the logo trend isn’t going anywhere. Link in our bio for more details. #wwdfashion