Are Planned Creative Successions the New Norm?
This week, WWD has all the details on how Dries van Noten is stepping down from his namesake brand and how Michael Kors is also said to be mulling options. Plus, a look at how Gen Alpha is driving skin care sales growth.
Dries Van Noten Steps Down, Michael Kors Mulling Succession
Is the fashion industry finally coming to grips with planned, unhurried succession strategies for its famous creative leaders?
WWD broke the news on Tuesday that Dries Van Noten is stepping down in June after nearly four decades in fashion — and a glorious, slow-building fashion career.
His last show in his current role will be his men’s show for the spring 2025 season, scheduled for Paris Fashion Week, while his studio has been conscripted to design the next women’s show this fall.
“In due time, we will announce the designer who will continue the story,” Van Noten said in a statement prompted by WWD’s findings that a search for his successor was underway. “I have been preparing for this moment for a while, and I feel it’s time to leave room for a new generation of talents to bring their vision to the brand.”
Read on here for the full story.
Gen Alpha Is Driving 49 Percent of Drugstore Skin Care Sales Growth, per?NIQ
Gen Alpha is fueling sizable growth in mass skin care.
Despite only 26 percent of households counting a member of the cohort, tweens are driving 49 percent of mass skin care’s growth, according to data from NIQ.
“We’ve traced [momentum] back to this general phenomenon of kids getting into the skin care category more quickly,” said Anna Mayo, vice president of NIQ’s beauty vertical, adding that cleansers, serums and masks are among the products young consumers are mainly reaching for.
Read on here for the full story.
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EXCLUSIVE: Jean Paul Gaultier Picks Courrèges Designer as Next Guest?Couturier
Jean Paul Gaultier has selected Courrèges designer Nicolas Di Felice — who has added heat and currency to the Space Age brand — as the house’s next guest couturier.
Di Felice is to show his one-off collection for Jean Paul Gaultier during Paris Couture Week, scheduled for June 24 to 27 in the French capital.
"I cannot wait to dig into the archives," Nicolas Di Felice enthused.
Read on here for the full story.
Kering Reshuffles Board of?Directors to 55 Percent?Women
The company will propose the appointment of three new independent directors — Rachel Duan, Giovanna Melandri and Dominique D’Hinnin — to join the board, which will be voted on at the annual general meeting on April 25.
The additions will tip the 13-member board’s scales to 55 percent women, with a wide international breadth represented. Six nationalities including American, British, Chinese, French, Italian and Turkish will be on the board.
Read on here for the full story.
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