This week, Mr Glen Senk resigned as the CEO of Urban Outfitters, Inc., which also owns the brands Anthropologie and Free People. He was immediately succeeded by the co-founder and chairman Richard Hayne. Urban Outfitters was founded in 1970 as “The Free People’s Store” in Philadelphia, U.S. Soon thereafter the store changed name to “Urban [...]
More →In 1989, the most powerful man in luxury fashion today, made an important conquest: Bernard Arnault’s company Christian Dior acquired 42% of LVMH. It was a smaller group at the time and Arnault had benefitted from the financial crisis and a dispute between the Louis Vuitton and Moët Hennessy presidents in 1987, creating a rift [...]
More →Digital Media and its strategic implementation has been hugely important to Burberry’s repositioning and resurgence, making it one of the coolest fashion labels of the 21st century. But it began in much more humble surroundings. The fashion house was founded in 1856 by Thomas Burberry, a 21-year-old draper’s apprentice who opened a small outfitter’s shop [...]
More →Guess? was established in 1981 by the Marciano brothers. The four brothers, from a Jewish Maroccan family living in Marseille, moved to Los Angeles in 1977 where they started to produce stone washed denim jeans. But their product was poorly received in the denim industry. However, as soon as they were accepted into Bloomingdale’s department [...]
More →