The owner of Tommy Hilfiger and Calvin Klein is focusing on its flagship labels and has sold its heritage brands for $220 million, in a deal that has made Authentic Brands (ABG) a specialist in formal American menswear.
Adam Gough, event director at Jacket Required, has hinted at a number of changes for the upcoming edition, after last week’s show was hit by a heatwave and the ongoing political and economic uncertainty.
In April, Volcom was sold by Kering to a pool of investors including the US brand’s management. It has ambitious plans for the future, as Todd Hymel, CEO of Volcom’s new owner Liberated Brands, told FashionNetwork.com.
Premium fashion trade show Jacket Required will be showcasing a larger number of eco brands at its upcoming event in January as part of its goal of promoting a more sustainable future for the industry.
Hervé Léger has entrusted the creative direction of its womenswear collections to Christian Juul Nielsen. The designer is already working on his debut collection for the label, acquired by Authentic Brands in 2017.