Tag: matter
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Kaupthing to put UK’s Oasis and Warehouse up for sale – sources
By Dasha Afanasieva and Pamela Barbaglia LONDON (Reuters) – Administrators for failed Icelandic bank Kaupthing are looking to sell off British high street retailers including Coast, Oasis and Warehouse which employ thousands of people, four sources familiar with the matter said. The bank was nationalised during Iceland's 2008-2011 financial crisis, with its domestic operations spun…
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Exclusive: LVMH considers creative director change at Louis Vuitton – sources
LVMH boss Bernard Arnault is considering a change of creative director at Louis Vuitton with the up-and-coming Jonathan Anderson, now at sister brand Loewe, viewed as the best candidate to replace Nicolas Ghesquiere, according to three sources with knowledge of the matter. LVMH declined to comment. Louis Vuitton is the world's biggest luxury brand, generating…
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Is Raf Simons taking over at Calvin Klein?
Raf Simons sent shockwaves rippling through the fashion industry when he announced his resignation as Creative Director of Dior last October. The Belgian designer left Dior last fall after three years of overseeing the womenswear creations for the prestigious French fashion house, citing the need to redress his work-life balance. Calvin Klein, meanwhile, has been…