High Jewelry That is Beyond Trends, Alessandro's Exit From Gucci and More
Today, WWD is looking at the ‘it’ factors driving today’s jewelry business. Also, get all the details on Alessandro Michele’s exit from Gucci. Plus, get an exclusive look at Alexander McQueen’s new accessories campaign featuring Kaia Gerber.?
Independent jewelry stores are revving up for the holiday season and reflecting back on the past year. Bright colors, bold silhouettes and sentimental meaning are the ‘It’ factors driving business forward these days, even amid a more cautionary spending landscape.
As small business owners, these stores appear optimistic yet pragmatic. They’re aware of difficulties seen through out the U.S. — like staffing shortages — but seem upbeat about the overall future.
WWD spoke with six independent jewelry stores on trends, running a small business and shopping behaviors to look out for this holiday season.
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Gucci and parent company?Kering?on Wednesday evening said?Alessandro Michele?would be exiting the brand, relinquishing his role as creative director. This confirms a?WWD report?from Tuesday.
“I was fortunate to have had the opportunity to meet Alessandro at the end of 2014, since then we have had the pleasure to work closely together as?Gucci?has charted its successful path over these last eight years,” said Gucci president and CEO Marco Bizzarri in a statement. “I would like to thank him for his 20 years of commitment to Gucci and for his vision, devotion and unconditional love for this unique house during his tenure as creative director.”
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Kaia Gerber in Alexander McQueen
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Kaia Gerber?is the face of?Alexander McQueen’s new?campaign?for the Slash bag.
It is Gerber’s debut?campaign?with the luxury British brand, and also the first time that?Alexander McQueen?has tapped a celebrity for an accessories campaign.
Gerber wore the McQueen look seen here to her first Met Gala in May with her actor boyfriend Austin Butler.
The handle is a series of rings with the McQueen signature knuckle and skull motif, encrusted with Swarovski crystals.
Read on here for the full story.
Sephora Names New CEO: Guillaume?Motte
Sephora?has named Guillaume Motte as its new president and chief executive officer, effective Jan. 1.
Motte — a seasoned retail executive who recently worked at?Sephora?— will succeed and report to Chris de Lapuente, according to an internal memo obtained by WWD.
Read on here for the full story.
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