There have been some pretty big changes in the fashion world recently, with some top spots being claimed, some being vacated, and some waiting for someone to claim them.
Here’s the run down of who’s going where and who’s filling spots.
Jason Wu has recently accepted the position of Artistic Director of Womenswear at HugoBoss. This move is similar to Anna Wintour’s new position at Conde Nast, which has her overseeing every single brand under the umbrella. Wu will be overseeing every aspect of the HugoBoss women’s brand. Of the new appointment, Wu said [in a statement],
“With the state-of-the-art facilities that are unique to the Hugo Boss design labs, I plan to develop a strong, feminine womenswear collection that reciprocates the brand’s authority in menswear.”
Back in April, Coach announced that their creative director, Reed Krakoff, would be leaving the company after 16 year in the post in June 2014.
Mulberry creative director Emma Hill, who has helped launch the brand into the stratosphere, has announced she will be leaving the brand. Although her leave date is up in the air, she has completed work through the Spring/Summer 2014 collection.
Rumor has it that Hill is the front runner for the position at Coach. But there’s someone else who may be available when the time comes…
Marc Jacobs is reportedly set to leave LVMH after 16 years. For nearly two decades Marc has been splitting his time, designing collections for Louis Vuitton, and his two namesake brands, Marc Jacobs and Marc by Marc Jacobs. It seems he’s ready to cash it all in – and there’s rumors of an IPO being in the works for the Marc Jacobs brand. An IPO would spell huge gains for the designer, whose businesses are already estimated to be worth nearly $1billion.
The strong bet is that Marc Jacobs’ protege Nicolas Ghesquière will be taking over the reins at Louis Vuitton.
Meanwhile, it’s also rumored that Marc Jacobs is in the running for that open creative director spot at Coach.
The CEO of Lululemon – Christine Day – will also be making a swift departure, after see-through gate. According to sources at the company, once a successor has been named, Day will be out.
And in just one more bit of fashion corporate news, the CEO of Burberry – Angela Ahrendts – has been named as the highest paid executive on the Financial Times Top 100 companies.
And there you have it! A recap of all the ridiculous moving and shaking going on in the fashion world today – literally, today. Most of those announcements were made earlier today… insane, right!