Sunday, June 2, 2013

Weekly Fashion News (27/05-02/06)

   Hermѐs and LVMH feud will soon come to a concluding stop. According to the French law, Bernard Arnault, CEO of LVMH, will not be forced to give up his stake in Hermes of 22.3%, but rather he would have to pay a fine around €10 million (about $13 million), which is arguably quite a small amount facing the man’s fortune of $29 billion.

Bernard Arnault

   Domenico Dolce and Stefano Gabbana are facing a risk of imprisonment for tax evasion since 2004. The signature label's owner since 2004, in fact, is a Luxembourg-based holding company, Gado Srl, and it has been the designer’s way out of taxes, according to the Italian authorities.

 Domenico Dolce and Stefano Gabbana

   Luella Bartley is making her return on the scene of fashion, and for the least, she will be the women's ready-to-wear design director of Marc by Marc Jacobs, along with Katie Hillier which has been named creative director at the diffusion label. Marc Jacobs is said to remain at an advisory control level of the brand in order to focus further on his mainline, Marc Jacobs, and his commitments with Louis Vuitton.

Luella Bartley

   Cara Delevingne is the new face of Saint Laurent Paris for fall/winter 2013-2014.

   Since Sandra Choi has taken the lead as creative director of Jimmy Choo, the brand has been witnessing a worldwide makeover, starting from the boutiques rejuvenated by stararchitect David Collins to the spirit and design of the shoes.

   Hilary Clinton will be presenting the CFDA 2013 awards along with Jessica Chastain and Ralph Lauren among others. As for the Womenswear Designer of the Year category, we expect to have tough competition between Alexander wang, who is now at the helm at Balenciaga, Proenza Schouler, and Marc Jacobs.

Hilary Clinton

   Gucci Pre Spring/Summer 2014 ready-to-wear is all about nudes, earthy colors, and glitters. So you can already know where to invest your money on Gucci this summer for next year.

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