Author: Mimosa Spencer
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The Somerset-based label has hired the subversive Scottish designer as it accelerates its efforts to ‘evolve from a leather goods brand into a culturally relevant British lifestyle brand,’ said CEO Andrea Baldo.
LuxuryKering’s newly created jewellery division regroups Boucheron, Pomellato, Dodo and Qeelin brands as the company aims to pool resources. The conglomerate is also regrouping fashion brand reporting, shielding smaller labels from investor scrutiny.
Owner Lanvin Group said it is ‘fully committed’ to the French label’s development under creative director Peter Copping, with CEO Andy Lew in charge of management.
PARIS — Giambattista Valli has withdrawn from the Paris Fashion Week calendar and will not show as planned on March 6, prompting further questions about its financial situation after pulling out of Haute Couture Week in January.The Italian couturier’s namesake house, controlled by Pinault family investment fund Artémis, referred requests for comment to its majority shareholder. Artémis declined to comment.The fashion house in January cited a review of the business as the reason for the cancellation, which came amid reports of financial struggles and a search for a new investor.The Paris-based brand, founded in 2005 by Valli, has been majority…