Today’s Fashion Headlines: DVF Superstar Award, Estée Lauder Shake-up, BCBG India

June 16, 2014 • Fashion Blog, Fashion News

Diane von Furstenberg Superstar Award

FGI Honoring Diane von Furstenberg

Diane von Furstenberg will receive the Superstar Award at The Fashion Group International’s Night of Stars on October 23rd. Other honorees at the event include Joseph Altuzarra, Elie Tahari, Peter Copping, Brunello Cucinelli, Sarah Burton and Carol Hamilton of L’Oréal. Caroline McCall will receive the Edith Head Costume Design award for “Downton Abbey,” and Harper’s Bazaar editor-in-chief Glenda Bailey is being honored with the Lord & Taylor Fashion Oracle award. Simon Doonan will host the event.

FGI president and CEO Margaret Hayes released a statement saying, “Diane is truly a legend in her own time. Perhaps more than any other American designer, she has been profoundly influential in elevating the visibility and importance of the American fashion industry around the world. But beyond Diane’s exceptional talent is a sense of compassion and a generosity of spirit that drive the work of her family’s foundation, which brings quality, hope, beauty and grace to the lives of so many.”

Estée Lauder Leadership Shake-Up

Estée Lauder Cos. Inc. is undergoing a huge organizational shift. The company is realigning its fragrance and men’s skin-care divisions. Veronique Gabai-Pinsky, global brand president of designer fragrances, will depart from the brand on October 31st. John Demsey, a group president of Estée Lauder, will now oversee fragrances and designer brands, and Daniel Annese has been promoted to Estée Lauder’s global brand president. The company is also creating a new business unit, the Men’s Skin Care Group, which Lynne Greene, group president of Clinique, Origins, Ojon, Aveda and Darphin, will oversee.

BCBG Launching in India

BCBG Max Azria has partnered with Reliance Brands for a debut in India. Reliance Brands specializes in bringing global fashion brands to the Indian market. “We have been looking at the market for a while, and it seems to be a really good time to launch,” said Sophie Rietdyk, president of licensing and international for the BCBG Max Azria Group. The first stores will open in early 2015 and store location scouting is set to begin soon. In a statement, Rietdyk said the company is excited about BCBG entering the Indian market. “There are a lot of luxury brands, and there are many players in the men’s market but there’s not so much of women’s wear in this space,” she noted. The company is continually growing and is also targeting Asia- two stores opened in Thailand this year, and there are plans to grow the brand’s presence in China next year.

-Claire Mykrantz

Source: WWD, WSJ

Image: WWD

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