Must Read: Burberry Sales Beat Estimates as New CEO Takes Helm, Balenciaga Releases Another Pricey Everyday Shopper - Fashionista

Must Read: Burberry Sales Beat Estimates as New CEO Takes Helm, Balenciaga Releases Another Pricey Everyday Shopper

Plus, Vetements just announced a fresh batch of DHL garb for Spring 2018.
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Burberry RTW Fall 2017. Photo: Imaxtree

Burberry RTW Fall 2017. Photo: Imaxtree

These are the stories making headlines in fashion on Wednesday.

Burberry sales beat estimates as new CEO takes helm 
As Marco Gobbetti steps into his new role as chief executive officer at Burberry, the company's first-quarter retail revenue rose to £478 million ($613.2 million), above analysts' estimates of £471 million. Burberry said results were boosted by strength in mainland China, producing mid-single-digit percentage growth in the Asia-Pacific region. The UK led gains in Europe, where the weaker pound continues to drive tourist spending, while the Americas remained weak, with a low single-digit decline. Gobbetti, the former head of LVMH's Céline, has been cutting costs and streamlining its brands in an effort to raise profitability. {WWD}

Balenciaga has released another insanely expensive everyday shopper
If you made a recent Balenciaga purchase, you should probably save the bag, because Balenciaga is back with another luxury take on an everyday item, and it happens to be modeled after the one you get for free with a purchase. Instead of paper, though, this shopper is made with 100 percent calf-skin leather and silver metal hardware. The tote was released as part of the French fashion house's summer-long takeover of Colette. {Highsnobiety}

Vetements just announced a fresh batch of DHL-branded garb for SS18
Famed Parisian design collective Vetements has just cooked up more DHL gear. In a series of Instagram posts tagged "VETEMENTSxDHL SS18," the brand — known for it's low-brow aesthetic at high price points — captured models clad in never-before-seen DHL gear including polo shirts, socks and baseball caps. {Highsnobiety}

An inside look into Germany's royal wedding
Prince Ernst August Jr., a banker, wed London-based, Russian-born fashion designer Ekaterina Malysheva in Hanover last Saturday. The extravagant weekend affair featured three princess-worthy gowns made by Lebanese designer Sandra Mansour: a pre-wedding party dress accented with Russian floral motifs in pastel colors, followed by the main event Chantilly lace gown embellished with elaborate beaded details, and finished off with a blush-tinted party dress fit for a night of dancing. {Vogue}

Can Isabel Marant reclaim the throne of French-girl cool? 
Since its inception, Isabel Marant has defined the ultimate Parisienne je ne sais quoi look with frequent nods to rockability and a no-fuss Bohemian aesthetic. Naturally, fast fashion retailers and lower-priced contemporary brands have chosen to adopt similar styles, which threatens the label’s dominance as the ultimate exporter of French girl style. In order for it to regain its influence, deputy CEO Anouck Duranteau-Loeper and chief executive Sophie Duruflé will need to continue to drill down to the essence of what Isabel Marant means to consumers. {Business of Fashion}

Rosie Assoulin teams up with London-based boutique Browns on exclusive summer capsule
Rosie Assoulin's line will launch on Browns' website on July 19th and will mark the first time the designer has created beachwear or resortwear. In this exclusive summer capsule, fans of Assoulin's fantastical designs will find an assortment of brightly colored midi dresses made out of breathable summer fabrics — plus ruffled swimwear and straw bags. "The pieces really just encompass what summer is all about; having fun and enjoying life's bounty," Assoulin said. "We also wanted to make a weekend vacation wardrobe for the urban woman." {WWD}

Elizabeth and James to introduce designer-curated vintage installation at Bergdorf Goodman
Last May, the first Elizabeth and James store opened at The Grove in Los Angeles with a selection of decor items — both vintage and contemporary — curated by Mary-Kate and Ashley Olsen themselves. This week, the design duo will transfer their concept of curation from the West Coast to the East Coast; the brand will introduce a designer-curated vintage installation at Bergdorf Goodman. Unique apparel and accessories hand-selected by the Olsens will be for sale and merchandised alongside the Elizabeth and James Pre-Fall/Fall ready-to-wear collection. {Fashionista Inbox}

Jordyn Woods to collaborate with Addition Elle
Plus-size brand Addition Elle will launch an ongoing collection with curvaceous Instagirl and Wilhelmina model Jordyn Woods. "I was excited to partner with Addition Elle as they embody everything I stand for," she said in a brand release. "They are a style destination for women who truly embrace their figures and are passionate about building a fashion democracy." Woods's Love & Legend collection will contain 15 pieces retailing from $42 to $178 and will debut during Addition Elle's runway show in September. Using the "see-now, buy-now" model, items will be available for purchase immediately off the runway at a pop up shop in NYC. {Fashionista Inbox}

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