Must Read: Marc by Marc Jacobs to Collaborate with Disney, Converse Sales Are Way Up

And Proenza Schouler's new interim CEO is all about handbags.
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And Proenza Schouler's new interim CEO is all about handbags.
This archival image of Alice will be incorporated into the Marc by Marc Jacobs capsule collection. Photo: Marc Jacobs

This archival image of Alice will be incorporated into the Marc by Marc Jacobs capsule collection. Photo: Marc Jacobs

Converse continues to grow significantly under Nike
Things just keep looking up for Nike. Riding on the success of its World Cup marketing efforts and the athleisure trend, the company reported that fiscal 2015 revenues were up 10 percent to $30.6 billion. Though sales were down in Japan (-24 percent) and Eastern Europe (-11 percent), Western Europe (+49 percent), China (+22 percent) and the U.S. (+18 percent) all saw solid growth over the course of the year, and sales were up across its men's, women's and youth categories. But the real star of the show was Converse which, though it accounts for less than 7 percent of revenue, saw sales grow 21 percent on a currency neutral basis to $2 billion, driven by strong performance in the U.S. and a move to direct distribution in Austria, Germany and Switzerland. {Nike}

Marc by Marc Jacobs to collaborate with Disney
Before the brand ceases production, Marc by Marc Jacobs will collaborate on an "Alice in Wonderland" themed capsule collection with Disney featuring sunglasses, totes, backpacks, iPhone cases, sweatshirts and more. The brand's whimsical take on the fairy tale, both the original story and modern interpretations, will hit stores Nov. 1. {Fashionista Inbox}

Proenza Schouler's new CEO wants to focus on handbags
The brand's new interim CEO Ron Frasch is pushing designers Jack McCollough and Lazaro Hernandez to focus on developing signature categories for the brand — probably dresses and knitwear — as well as sell more handbags, Proenza's highest margin business.  {New York Times}

Louis Vuitton's men's designer on the expanding market
“Things that people can wear off duty or on duty, feel smart, feel like that they’ve got something special on, that’s really important. I think that’s where the future is in menswear,” says Kim Jones, style director of menswear at Louis Vuitton, in an interview about his long days and preemptively recognizing the influence of streetwear. The 35-year-old British designer has lead the French brand for four years. {Business of Fashion

Unilever buys Dermalogica
The beauty company is expanding its family of brands, adding the skincare line Dermalogica to recent aquisitions of Ren and Kate Somerville. It's all part of Unilever's plan to continue building a "prestige" personal-care brand business. {WWD}

Brands bank on the Ramadam rush
Brands like Armani, Tommy Hilfiger and Monique Lhuillier are offering special gifts or collections in anticipation of the holiest month of the Islamic lunar calendar that ends on July 17. The celebration has lead to extravagant spending in the past, which explains why retailers like Net-a-Porter have a "Ramdam Edit"  for the first time. {New York Times}

Open call for VFiles' spring 2016 show
Following the success of last season's presentation, VFiles is again giving designers, stylists, photographers, models, hair stylists and makeup artists a chance to be a part of its runway show on Sept. 9 during New York Fashion Week. The event's talent will be entirely sourced from the VFiles online community and selected by its editorial team and mentors. To be considered, you can upload your work here between June 25 and July 24. {Fashionista Inbox}