Björn Borg has named Jens Nyström as new CFO as Daniel Grohman prepares to take up the position of business development director. Both Nyström and Grohman will assume their new responsibilities in the autumn.
The growing importance of ‘hard luxury’ was further illustrated on Thursday as Yoox-Net-A-Porter’s high-end menswear arm Mr Porter announced the launch of its new watches offer combining commerce with content.
House of Fraser has revealed its CVA and the worst fears of its staff and landlords have been realised as it has confirmed that it wants to close 31 stores, including its longstanding flagship on London's Oxford Street.
The 87th edition of the Florentine childrenswear tradeshow will take place June 21 to 23 and is set to welcome 557 brands, a figure much in line with its summer edition in 2017, which saw 548 brands showcased.
In Italy, they call Max Mara, Il Gigante Silenzioso, or the Silent Giant: a 1.558 billion-euro fashion house, founded by Achille Maramotti, and still in his family, combining critical acclaim with commercial growth.
House of Fraser kept everybody who is following the story of its CVA plans on tenterhooks Wednesday with the expected update not materialising by close of business but rumours suggested over half its stores will close.
“This really was unexpected,” smiles Masayuki Ino, the 39-year-old winner of the LVMH Prize 2018. Another year and Ino couldn’t even have entered the competition, seeing as he is 39, and entrants have to be less than 40.