Twenty years after founding Yoox as an off-price e-tailer, and five years after a merger with Net-a-Porter, Federico Marchetti will be stepping down as Yoox Net-a-Porter’s CEO. He will however, will remain as chairman of the company, which in 2018 was acquired by Richemont in a €2.8 billion deal.
In 2000, Marchetti founded YOOX, the world’s first lifestyle e-commerce destination, long before the launch of Facebook, Instagram and the iPhone. YOOX was listed on the Milan Stock Exchange in 2009, the first IPO in Italy for 18 months; today, it remains Italy’s sole “unicorn”. In 2015, Marchetti drove the game-changing merger of YOOX and NET-A-PORTER to create YOOX NET-A-PORTER GROUP, the world leader in online luxury fashion.
Under his leadership, YOOX NET-A-PORTER has signed important partnerships worldwide. In China, a joint venture between Richemont, YOOX NET-A-PORTER and Alibaba announced in 2018 puts the Group in pole position in the world’s biggest luxury market. In the Middle East, YOOX NET-A-PORTER has partnered with Mohamed Alabbar, the most visionary entrepreneur in the Gulf, since 2016.
The Kingpins Amsterdam denim supply chain trade show will not host its April 2020 edition due to the health concerns and travel restrictions linked to the coronavirus, COVID-19.
“We have been monitoring this situation very closely and had been hoping to have the show go on, but in light of the travel restrictions our attendees and exhibitors are experiencing and the overarching concern for the health and safety of our community, we have no choice but to cancel Kingpins Amsterdam,” said Andrew Olah, founder of Kingpins Show.
Kingpins Amsterdam is the second show Kingpins organizers have canceled due to health and travel concerns related to COVID-19. In February, organizers announced the cancelation of the Kingpins Hong Kong show, originally slated for May 13/14.
“We are following the Center for Disease Control’s recommendations for limiting the spread of COVID-19. The CDC is recommending people avoid all nonessential travel, including to several countries that have reported high levels of infection,” Olah said. “This includes countries where many of our friends, exhibitors and attendees are based. We encourage everyone to practice common sense and get their information from trusted sources.”
While the health and safety of the denim supply chain is forcing the closure of key Kingpins events, organizers say they are searching for solutions to help the denim industry stay in touch with customers and suppliers.
“We cannot stop the world over this virus,” Olah said. “A total economic shutdown is not a realistic option for any of us although the earth is benefitting from less activity.”
Kingpins Amsterdam exhibitors and attendees will be contacted with further information regarding booth contracts and registrations.
Givenchy has named Renaud de Lesquen as their new CEO. Currently, de Lesquen is president and CEO of Dior Americas, and will step into his new role on April 1st, 2020.
MOSCOT, New York City brand and renowned eyewear institution opened in 2019 its second standalone shop in Italy. The new location, which opened on December 12th, 2019, occupies a 65 square meter space at 22 Via Ponte Vetero, Milan, Italy. MOSCOT Milan combines MOSCOT’s signature style with the local flare of Brera. The newest Shop embodies the MOSCOT spirit—classic, historic, and metropolitan—all while situated in the global capital of fashion and design. The MOSCOT Milan Shop showcases the full breadth of the MOSCOT eyewear collection with familiar touches that are distinctly MOSCOT, including tchotchkes, vintage furniture and artifacts from the family archives, tin ceilings made in New York that are quintessential to historical Lower Manhattan architecture, and the overall nostalgic feeling of having stepped into Great Grandma Sylvia Moscot’s living room, whose iconic photo is now donned on a reusable canvas tote bag that comes with each MOSCOT frame purchase.
To celebrate the opening of the Milan Shop, MOSCOT also released a Milan exclusive style, in the iconic LEMTOSH optical and sunglass frame in a first-ever Matte/Shiny Crystal colorway. The collectible frame has “MILAN” engraved on the left temple tip and is numbered in a limited run of 100 frames. The exclusive LEMTOSH is available for purchase only at the new Milan Shop for a limited time.
Berwich opened its first Flagship Store in Milan in 2019, on 23 October. The company chose the city of Milan for its first single-brand store, the privileged stage of the most important events internationally associated with the world of fashion. Via Manzoni 42 is the home of Berwich’s Flagship, right in the heart of the fashion district, which has always been a place where new styles and trends coexist alongside historical brands, giving life to the most renowned “made in Italy” in the world.
“Be Green Be Berwich”, is the concept that reflects the “sustainable” soul of the Italian brand. The interior design comes from a careful choice and awareness of details, which tell the value of the brand, such as research, roots, travel and especially attention to sustainability. For this reason the lighting of the store – as well as the air conditioning – are low consumption. The paints used are obtained by virtuous production cycles that lower its environmental impact and the furniture wood is recycled, reinventing its shapes and colors.
In the new flagship store, the customer can choose from numerous models from the Berwich and Madame Berwich collections and its purchases will be identified through innovative softwares. An “identity card” of the trousers to which the store will be able to log in to keep a history of the orders of each of its customers and then reschedule them fully digitized a new purchase.
Starting from 2020, with a view to retail expansion, the project will be replicated in other countries, in particular in the Middle-East.
Eastman, the maker of sustainably sourced Naia cellulosic filament yarn, has announced the expansion of its Naia fiber portfolio at Première Vision-Paris, the international fashion and textile exposition. With the introduction of its new cellulosic staple fiber, Naia offers another versatile eco-conscious material choice for sustainable fashion.
“We are thrilled to expand our product offerings, and we have been working with a strong network of innovative spinner partners around the world to introduce our new Naia™ cellulosic staple fiber,” said Ruth Farrell, global marketing director of textiles for Eastman. “Working with our value chain partners, we’re facilitating quick and easy access to Naia™ fibers for our mills, and ultimately brands, regardless of their location.”
Naia staple fiber has inherent softness, is quick drying and reduces pilling. It blends well with other eco-friendly materials, such as lyocell, modal and recycled polyester—to produce sustainable fabrics and garments that are ideal for everyday wear.
Eastman will be working with several best-in-class spinners worldwide to create Naia staple fiber, including Karacasu Tekstil in Turkey, Shandong Long Run Textile and Dezhou Huayuan Eco-Technology on Mainland China, Pratibha Syntex and RSWM Ltd. in India and Linz Textil in Austria. These industry-leading spinners blend Naia staple fiber with other sustainable fibers to meet the needs of manufacturers across the globe.
French fashion house Jean-Paul Gaultier has announced a new strategy where it would name a new designer for each of its seasonal Haute Couture collections after its founding designer said farewell to catwalks in January.
In an Instagram post Gaultier wrote: “I have the pleasure to announce the new concept for my Haute Couture. Each season, I will invite a designer to interpret the codes of the House and I am doubly pleased that Chitose Abe of Sacai Official will be the first one!“
The company announced that its three textile fairs in Shanghai will be postponed from March to a later date due to the Novel Coronavirus outbreak. This includes Intertextile Shanghai Apparel Fabrics Spring Edition, Yarn Expo Spring and Intertextile Shanghai Home Textiles“ Spring Edition which were due to be held in Shanghai from 11 – 13 March at the National Exhibition and Convention Center.
Messe Frankfurt has been an active player in the China market for over 30 years now, so we stand fully behind the government’s efforts to control the outbreak. Ms Wendy Wen, Senior General Manager of Messe Frankfurt (HK) Ltd outlined. This includes the recent suspension of large-scale trade and economic events in a number of cities, so with this and the wellbeing of all our stakeholders in mind, we have made the decision to reschedule our upcoming textile fairs in Shanghai to a later date. Our teams are making every effort to find suitable alternatives, but we will only make the decision to go ahead with these fairs when it is deemed safe to do so.
British designer Henry Holland has announced that he will be stepping back from his House of Holland fashion brand he founded in 2006, after asking management consultancy firm KPMG to see new investors.
Commenting on his decision to leave the brand, Holland said in a statement: “After the most incredible ride, my journey at the helm of House of Holland has come to an end. When I first started this brand, no one could have predicted the success that we would achieve and the fun we would have.”
Tommy Hilfiger footwear is exploring more sustainable solutions through apple skin fibre, a bio-based leather alternative derived from the apple farming industry waste.
The sneakers feature a sturdy and thick leather alternative resulting from recycled apple skin fibre, which as a lower environmental impact than other vegan leather alternatives.
Available in white and navy, the speckled shoe styles for both men and women feature recycled apple fibres.