Daniel Lee Replaces Tomas Maier at Bottega Veneta
Rumors were swirling of who would replace Tomas Maier as former creative director of Bottega Veneta after a 17 year stint. Less than 48 hours after announcing his departure, French parent company Kering has announced Maier’s replacement as Daniel Lee, formerly from LVMH rival, Celine. Relatively unknown, Lee comes from the house that Phoebe built along with Maison Margiela, Balenciaga and Donna Karan.[WWD]
Paul Marciano Steps Down From Guess After Sexual Harassment Settlements
After numerous women including Kate Upton accused him of sexual harassment and assault, executive chairman of Guess Paul Marciano has resigned from his post. Following an internal investigation, the company has settled with 5 women for the sum of $500,000 and what’s better, without a nondisclosure clause. The New York Times reports that Marciano will be replaced by his brother, Maurice Marciano, and will remain on the board through the end of his contract in January 2019. Marciano had forfeited his salary during the period of the investigation but will receive a salary from June 11 until the expiration of his contract. Justice?
New York Men’s Dates to Move to June in 2019
As designers have quietly decamped for co-ed shows or different cities, the NY men’s calendar is taking a page from the women’s shows and is shifting its dates to precede the men’s shows in Europe. Starting next year June, the CFDA will move its men shows from being the last, after Couture Fashion Week in July, to be smack in the middle of the women resort collections and London Fashion Week Men’s. The change is in the hopes of giving New York designers the lead in the selling season and more cohesive with the rest of the fashion weeks in London, Florence, Milan, and Paris. [WWD]
Independently Owned No More, Dries Van Noten Gives Majority Stake to Puig
Puig acquired a majority stake in Antwerp-based brand Dries Van Noten as announced in a press release. Puig, the Spanish company, owns brands like Carolina Herrera, Nina Ricci, Paco Rabanne, Jean Paul Gaultier; and licenses such as Prada, Valentino, Christian Louboutin and Comme des Garçons, IMG Milano–and now Van Noten. The designer, Dries Van Noten, will remain a significant minority shareholder and will continue as chief creative officer and now a chairman of the board reported the Daily Front Row. They quote Dries Van Noten as saying in the release, “I have been searching for a strong partner for the company, which I have built for more than 30 years.”
IMG Milano Now Has a Men’s Board, 100 Strong
100 male models were signed to IMG Milano as they officially launched their men’s division. It is the last global branch of the model agency to offer both women’s and men’s divisions, IMG Paris launching its men’s board just a few months prior. The board’s opening is in time for Milan’s Men’s Fashion Week which began on June 12th and completes tomorrow the 16th. WWD reports it is IMG’s plan is to have 20 to 25 talents in town on a daily basis. [WWD]
There Were 6 Additions to Models.com’s Hot List
Models.com’s Hot List is a lineup of the most thriving newcomers as they book their way into the top model fold. You’re sure to see them all over top campaigns, editorials and the runway. Recently added to this are models Jess Cole, Sophie Koella, Dipti Sharma, Remington Williams, Chu Wong and Anok Yai.
Last Week: Great Bowery to merge with MAO Management Artist
Great Bowery, which includes Trunk Archive, CLM, Streeters , Wenzel & Co and M.A.P., is to merge with global creative agency MAO Management Artists. A BOF report says the merge was announced internally in April and the merger may take up to a year to complete. The news of the planned merging follows the departure of Matthew Moneypenney after disagreements with investor Waddell & Reed. Liz Sands an advisor to Waddell & Reed took on the role of chairman on Great Bowery’s board. Moneypenney’s idea was to create a super-agency akin to a Hollywood agency format with more potential for vertical growth with regards to its talent. IMG, who is partnered with WME, reportedly tried to acquire Great Bowery last year but those negotiations led to no deal being settled upon.
