Must Read: Roberto Cavalli Shutters US Stores as It Prepares to Liquidate North American Operations, Chloé to Stage Resort 2020 Show in Shanghai
Plus, why it's difficult to measure fashion's environmental impact.
These are the stories making headlines in fashion on Monday.
Roberto Cavalli shutters US stores as it prepares to liquidate North American operations
Roberto Cavalli has closed all of its brick-and-mortar U.S. stores and is preparing to liquidate its North American operations. According to a Cavalli spokesperson, Art Fashion Corp. will file for liquidation bankruptcy this week and all e-commerce operations are temporarily suspended until logistics are rerouted via European operations. These changes have resulted in the exit of a number of high-profile corporate executives, most notably U.S. CEO Salvatore Tramuto. {Business of Fashion}
Chloé to stage Resort 2020 show in Shanghai
Chloé will showcase its Resort 2020 collection in Shanghai on June 5, marking Natacha Ramsay-Levi's first personal appearance in China since being appointed creative director in 2017. It's also the first time that Chloé will hold a runway show outside of Paris, as well as the first time that the label has shown a pre-collection on the runway. "It is not a strategy to necessarily stage a show for the pre-collection," said the French brand's CEO Geoffroy de la Bourdonnaye to WWD. "It was more: We want to do something special in China for the Chinese Chloé girls." {WWD}
Why it's difficult to measure fashion's environmental impact
More brands are laying out targets to improve their environmental footprint, but they're often relying on bad or incomplete information to figure out where and how to focus their efforts. There's a lack of solid data that's "adding to the complexity companies face when trying to operate in a more climate-friendly manner, such as weighing the benefits and costs of using different types of materials," writes Sarah Kent for Business of Fashion. {Business of Fashion}
Michael Kors steps away from the Capri Holdings board
Michael Kors will no longer serve as a director or executive officer of Capri Holdings, but he will remain an honorary chairman and continue to serve as the chief creative officer of his namesake label. "The board of directors will focus on the growth and development of each of these three unique luxury houses. Michael Kors is our largest and most profitable brand in the group," said John Idol, chairman and CEO of Capri, in a statement to WWD. "He is the leader of our successful American luxury house and will continue to guide its creative vision." {WWD}
HL Group is suing Milly
HL Group sued Milly on Thursday in New York state court over unpaid bills. The marketing company claims that despite its "repeated demands," the fashion brand has yet to pay some $113,000 in fees for its work last year. {WWD}
Brands fight for former members of Phoebe Philo's design team
Fashion is still mourning the loss of the old Celine. But one way competing brands have benefitted from Phoebe Philo's departure is by hiring people from her design team to build up their own ranks. Bottega Veneta and Maison Kitsuné are two such labels that've tapped creative directors who worked under Philo to generate buzz. Emerging designers, like Peter Do and Rok Hwang of Rokh, have also been pushed into the spotlight thanks to their previous stints at Celine. {Los Angeles Times}
