Christopher Bailey to Become Burberry CEO
Burberry Group said Angela Ahrendts would step down as chief executive officer by mid-2014 to join Apple as senior vice president of retail and online stores. Christopher Bailey, who is currently chief creative officer, is to replace her and keep his current title. Bailey has been at Burberry since 2001, and was named chief creative officer six years ago. He said he was “humbled to be asked to take on the CEO role at this company that means so much to me. I also feel privileged to be keeping my role as chief creative officer.”
Jockey Launches New Campaign With Rachel Zoe’s ‘Must-Haves’
Jockey International is now its new Redefining Comfort advertising campaign Wednesday featuring Rachel Zoe-endorsed “Must-Haves.” The campaign was created to convey a more glamorous side of classic Jockey products, and aims to challenge the perception that comfort and glamour cannot coexist, said Matthew Waller, communications manager at Jockey. Jockey got together with Zoe in 2012 and is now launching this new collection for a more younger and more fashion conscious women. Much like Zoe’s contemporary take on fashion, the campaign has a modern woman with imagery that focuses on the personal and intimate moments a woman goes through while getting dressed, whether it’s for work or a special evening.
BaubleBar Launches Sparkling Essentials Collection
BaubleBar is the new e-retailer for your favorite jewelry pieces and now BaubleBar is branching out. The accessories e-tailer has designed a 12-piece collection, dubbed Sparkling Essentials, with the help of Swarovski Elements. Set in antiqued gold metal with Swarovski crystals, the collection will be reprised each season, ranging in price from $25 to $85, and will include one limited-edition design the first of which is a crystalline snake bangle for $100. The collection launches today.
Interest in Perricone, E.l.f. Stirs Beauty M&A Market
The beauty deal market is waking back up. Investment bank Goldman Sachs is within weeks of finalizing an agreement to sell Perricone MD, while Financo is fielding interest for E.l.f. Cosmetics, according to sources. The first half was relatively slow for beauty dealmakers after potential changes to the tax law pushed a raft of deals into the fourth quarter last year. But now strategic and financial buyers are getting back down to business the one caveat is that many of the companies that are being bandied about have been in play for some time and have yet to make a connection.
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Tags: Angela Ahrendts, BaubleBar, Burberry Group, Christopher Bailey, Christopher Bailey Burberry CEO, E.l.f., e.l.f. cosmetics, fashion news Oct 15 2013, Goldman Sachs, Goldman Sachs Perricone MD, Jockey, Perricone MD, Rachel Zoe, Rachel Zoe Jockey campaign, Rachel Zoe's 'Must-Haves', Sparkling essentials, Swarovski