The designer, that cofounded the company in 2014 with his brother Guram, current managing director, will remain as creative director of Balenciaga.
Sardá passed away in Barcelona at the age of ninety years old. The designer gave at the beggining of the century the creative direction of his brand to his daughter Nuria.
The Swedish fashion giant has stated in a press release that the good performance of its sales its due to a positive summer season and a increase in its market share.
Through its White One brand, the Spanish bridal fashion group will launch a collection with the New York-based designer, returning to the collaboration business.
The latest fashion disruptive phenomenon moves fast boosted by changing consumption habits with the support of venture capital and, sometimes, the stock exchange.
The two fairs, that take place during Berlin Fashion Week, will change their location in its next edition in January.
The group has signed Chris Hufnagel, former Cat Footwear, another of Wolverine’s brands. The executive has done part of his professional career in Under Armour, Gap or Abercrombie&Fitch.
The CEO of the chain, Sonia Syngal, explained to analysts in New York that the plans of the group are to reach 2,000 stores once the company as it separates from Gap.
The groups second biggest market by revenue is Spain, with 11.4% of its total sales and 13 million users.
The company has named Nicola Brandolese, former LVMH and Luxottica, to lead the global expansion of the company, as well as its commercial strategy. Also, the group has signer three new executives.
The Chinese giant ecommerce platform will provide the American group tools to offer customized contentment and enriched shopping experience to its customers.
The company is the partner in Thailand of Mango, Calvin Klein, Crocs, Lee, Fila and Marks&Spencer, amongst others and it’s the owner of La Rinascente and Illum.
According to an IndexBox report, leather production in United States registered a drop of 12.1% last year.