Changes At Diesel
Diesel and parent company Only the Brave Srl, whose name has now been cut short to OTB SpA.
Stefano Rosso, son of Diesel founder Renzo Rosso, has been appointed co-chief executive officer of OTB. In a separate development, Daniela Riccardi, ceo of Diesel, will leave the denim and sportswear brand on April 1, with no information on a successor.
Renzo Rosso said that he has no intention to publicly list OTB. said the appointment of his son provides “a message of continuity and involvement of the family. We have resources to grow on our own.”
OTB controls Maison Martin Margiela, Viktor & Rolf and Staff International, and acquired a majority stake in Marni at the end of last year. Staff International produces and distributes collections for Just Cavalli, Dsquared2, Vivienne Westwood Red Label and Man and Marc Jacobs Men. Stefano Rosso’s brother Andrea runs the 55DLS brand.
Reed Krakoff Honored
Reed Krakoff will be honored for his philanthropic support of New York City. Notables such as John Demsey, Nina Garcia, Alina Cho and a few others will help Krakoff celebrate at the annual gala held at the legendary Plaza Hotel.
The Henry Street Settlement will be bestowing Krakoff with these honors. The HSS has aided 50,000 people over the past 100 years. These individuals have received housing, job placement, the assistance of educational programs as well as other services.
Nanette Lepore Partners With Peking Handicraft Inc.
The designer known for her bold colors and prints will now be making bedding and home gift products beginning fall 2013. This home collection derives its feel from Lepore’s ready-to-wear collection.
The bedding which retails from $249 to $299 includes comforters/duvets, pillows, sheets, coverlets and accessories such as shams and bedding skirts. Included in her home gift section are decorative pillows ($100- $200), area rugs ($160-$270) and kitchen products.
“It’s really cozy bedroom elements but doesn’t read super feminine,” said Lepore. “It’s great for a master bedroom.”
Nanette Lepore Villa bedding will be sold at department stores, while her collection’s gift line will appear in department stores, specialty stores and in high-end catalogues. The Nanette Lepore Villa collection is being reviewed by the New York Home Fashions Market this week.
– Jamie Wilson
Source and Photo: WWD