Owned by Spanish fragrance and fashion group Puig, the brand is pivoting to a digital-first strategy in line with its recent price repositioning.
The executive, who ran Puig for more than three decades, passed away this week at the age of 93.
The Belgian designer talked about his creative methods at the WWD Virtual Apparel and Retail CEO Summit.
Among the shifts, the Spanish company is adding a Derma division bundling three of its dermocosmetics brands.
From launching new labels to mining established brands’ heritage, industry experts share strategic insights.
The company has historically had a dual-headed legal structure, based in London and Amsterdam.
News of the acquisition confirms a report published by WWD on Wednesday.
Sources say the deal’s announcement could come as early as Thursday.
The fashion brand’s first lipsticks and compacts, debuting in March, come in “ready-to-wear” packaging.
A year after their debut at Nina Ricci, Rushemy Botter and Lisi Herrebrugh are bringing their men’s wear label Botter to the Paris runway.
Avery Dennison debuts its launch of atma.io, a digital ID platform for supply chain transparency.