Susan Sokol's New Consultancy

Susan Sokol has opened her own consultancy called Susan Sokol Consultancy LLC. For Sokol this is the next chapter of her career working in the past with names such as Calvin Klein Inc., Donna Karan International, Michael Kors, etc. The focus of her business will be on line planning, product merchandising, wholesale business direction, retail …

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Rachel Roy Designer Business Closes

The Jones Group, currently being sold to Sycamore Partners, has brought the Rachel Roy collection to an end. Last week the division closed the pattern and sample rooms and also let their designers go. The Rachel Roy collection was sold to retailers Neiman Marcus, Bloomingdale’s and Saks Fifth Avenue. The reason behind the shut down …

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Today's Fashion Headlines: Friday, March 7, 2014

Karl Lagerfeld to Launch Fragrance Masterbrand Longtime fragrance aficionado Karl Lagerfeld’s new signature fragrance masterbrand that’s due out this month. The Karl Lagerfeld women’s eau de parfum includes notes of lemon, peach, rose, magnolia, plumeria, musks and woods while the men’s eau de toilette has notes of lavender, mandarin zest, apple, violet leaves, sandalwood and …

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Versace Sees Growth, Plans IPO

Versace has some major growth potential- a 20 percent stake of the Italian fashion house will be sold to the Blackstone Group. The deal is expected to finalize next month and Blackstone will put 150 million euros of capital into the brand. Donatella Versace will keep her position as the creative director and Santo Versace …

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