Today’s Fashion Headlines: Wednesday December 19, 2012

Fountain of 30

December 19, 2012 • Fashion Blog, Fashion News

A fall look from Alexis Mabille.

Maison Martin Margiela and Alexis Mabille are Officially Haute Couture

French fashion’s governing body, the Chambre Syndicale, has announced that Alexis Mabille and Maison Martin Margiela are haute couture and from now on will be showing their collections in Paris with the other couture houses. For those looking to tune in, Mabille’s show is set for Jan. 21 and Margiela’s will take place on Jan. 23. There are now 14 fashion houses meeting the requirements of being bona-fide haute couture fashion house. The list includes established houses like Chanel and Christian Dior, but encompasses newer designers like Giambattista Valli as well. There are also five correspondent members including Giorgio Armani and Azzedine Alaïa, and 11 guest members.

Michael Burke is Named Louis Vuitton’s new CEO

Louis Vuitton announced Michael Burke, chief executive officer of Bulgari, would succeed Jordi Constans, who is stepping down for medical reasons. Constans’ condition is not critical, but prevents him from meeting the physical demands of the high-powered job. Supervising Vuitton’s 480 plus stores requires much travel and there is great pressure involved with directing a company that delivers much of the profits for conglomerate luxury group LVMH Moët Hennessy Louis Vuitton. LVMH is the parent company of more than 60 brands spanning fashion, accessories, beauty products, and wines and spirits. Members of LVMH include Givenchy, Fendi, Marc Jacobs, Pucci, Donna Karan, Sephora, Dom Perignon, and Hennessy.

Gap to Open in Brazil

The All-American retail chain is set to open in Brazil next fall and has reached a franchise agreement with Tudo Bom Comércio Ltda. Brazil has Latin America’s largest economy and currently Gap merchandise is only available in duty-free shops. The first stores will open in São Paulo, then in Rio de Janeiro. The new stores will include merchandise from Gap, GapKids and babyGap and the exact number of stores planned for each city is currently unknown. Gap is new to South America; as its first stores in Chile opened just last year. Over the course of this past year, the retail giant has since opened stores in Mexico, Colombia, Panama, and Uruguay. Since first opening its doors internationally, Gap’s presence outside the U.S. has grown to 300 stores in 40 markets throughout Europe, Asia, the Middle East, Australia, and Latin America.

– Claire Mykrantz

Source & Photo: WWD

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