Fashion likes nothing more than a debut, and the biggest one in Italy this season was designer Glenn Martens at Diesel, the avant-garde Belgian designer, making some bold moves at the Italian streetwear giant.
The Bestseller group’s founder has bought a 10.1% stake, via his holding company Heartland, in the company owned by Israeli group Fox. Previously, Povlsen had bought stakes in Asos and German fashion e-tailer About You.
According to a study from data analysis specialist Retviews, the label's success is down to its focus on its assortment, which brings together exclusivity and inclusivity, and its reactiveness to trends.
The international fashion group has named Leif Erichson president of Esprit Europe. Raphael Heinold has been put in charge of product strategy, and Paul Kinley has been appointed head of global merchandise management.
At the conference staged on Thursday by Business France, the NellyRodi agency mapped out the new global consumption patterns, identifying 10 trends that correspond to 10 winning internationalisation practices.