Sources are buzzing the former Coach head is waiting out his non-compete to jump to Capri, owner of Michael Kors, Versace and Jimmy Choo.
Shares of Capri Holdings Ltd. surged as a result.
Pīferi is set to make its debut at Harrods in London, where it will be sold exclusively for the next month.
Meanwhile, headwinds persist for the Michael Kors and Jimmy Choo brands, especially in Europe.
Colman, who joined the company 24 years ago as store manager in London, will report to John D. Idol of Choo’s parent Capri Holdings.
Here’s what companies and brands need to know.
That’s on top of the $551 million the retailer lost last quarter.
That’s on top of the $551 million profit loss last quarter.
The fashion house hopes to have the majority of its retail fleet open by July.
The company pledges net zero emissions and 100 percent renewable energy by 2025.
WWD rounds up the best social media initiatives this week from the likes of McQueen, Jimmy Choo, Loewe, Manolo Blahnik and more.
Capri said it was furloughing 7,000 in-store associates in North America and the new timeline for its store reopenings is closer to June 1.
In the meantime, roughly 7,000 employees in North America across the Michael Kors, Versace and Jimmy Choo brands will be furloughed, effective April 11.