Ferragamo's Future, Augustinus Bader Reaches Unicorn Status, CEO Switch Impact, and Tiffany & Co.'s Diversity Effort
Today, WWD is looking at the future of Ferragamo with insights from CEO Marco Gobbetti. Also, read about the impact of Michelle Gass’ CEO?switch. Plus, get the details on Augustinus Bader's newly-minted unicorn status and the latest equity and inclusion strides at Tiffany & Co.
Ferragamo CEO Marco Gobbetti Talks About Maximilian Davis’ Design Skills and the Future of the Brand
Ferragamo CEO Marco Gobbetti expressed satisfaction with the reception of creative director Maximilian Davis' collections as the company reported growth in profitability and sales.
“His style is now out in the open, he is an elegant designer, his clothes are elegant, and they have a high component of sexiness,” said Gobbetti of Davis, who was appointed creative director of Ferragamo in March.
Read on here for the full story.
Augustinus Bader Closes Funding Round of $25?Million
Augustinus Bader has reached unicorn status.
The brand, whose cult following includes Victoria Beckham and its new chief creative officer Bobbi Brown, has just closed a $25 million funding round with Antoine Arnault and Natalia Vodianova among the investors, WWD has learned.
The funding round values the company at $1 billion, according to sources.
Read on here for the full story.
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From Kohl’s to Levi’s, the Ripple Effect of Michelle Gass’ CEO?Switch
Michelle Gass has made her move — signing off as chief executive officer of Kohl’s Corp. and signing on as president and CEO-to-be at?Levi Strauss?& Co.
It’s a switch that means very different things for the two companies.?
Read on here for the full story.
Tiffany & Co. Deepens HBCU Support in Partnership With Harlem’s Fashion?Row
Tiffany & Co. is peeling the lid back on its efforts toward diversity, equity and inclusion. The company on Wednesday revealed recent initiatives as part of its Atrium platform, which was established earlier this year as a sustainability pillar that advocates for equity and inclusion in fine jewelry and luxury.
Tiffany has teamed with Harlem’s Fashion Row to sponsor its Icon 360 HBCU Summit.?
Read on here for the full story.
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