WWD: The Essentialist

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Wednesday, April 15

Jewelry

Jake Gyllenhaal on Watches, Jewelry, Bulgari Partnership, Love for Italy

The first global male ambassador for the Rome-based jeweler, the acclaimed actor debuted in the role at the unveiling of the Eclettica high jewelry event in Milan last month.

Financial

Kering Shares Fall 10.2% on Gucci Weakness

The French luxury group reported Tuesday that organic sales at its star brand dropped 8 percent in the first quarter, and the turnaround is taking more time than expected.

Retail

Vince Posts Strong Q4 and Year

The contemporary, California-inspired fashion brand saw no slowdown in unit sales despite some higher prices and is seeing its momentum continue in the first quarter.

Financial

Hermès Shares Drop as Q1 Growth Slows on Pressure From Middle East, Weaker Tourism

Shares plummeted 12.7 percent on market opening, even as the U.S. and Japan outperformed against France and the Middle East slowdowns.

Retail

Max Mara Unveils Revamped Sophie Hicks-designed Paris Flagship

The Italian brand is strengthening its focus on physical retail and a product-led luxury strategy.

Human Resources

EXCLUSIVE: Rimowa Names New CEO

An LVMH veteran, Beatrice Monguidi joins the luggage-maker from Louis Vuitton. She has also worked at Fendi, Valentino and Christian Dior Couture.

Retail

Issey Miyake to Open Madison Avenue Flagship on May 8

The store will be located in the historic New York Life Building on 26th Street.