Tamara Mellon Sticking With Jimmy Choo
Posted by Andru Edwards Categories: Fashion Designers, News, Rumors,
Tamara Mellon is to continue as president of Jimmy Choo.
The shoo tycoon - who founded the exclusive footwear company in 1996 and now owns a fifth of the firm - has revealed she has no plans to step down from her current role, as there is too much “future growth” left in the business.
“I’m not going anywhere. There is too much future growth in the business for me to leave now. We’re looking at all the different options available to us and it’s hard to know which is preferable until we’ve really examined them all.”
Her comments follow reports she and the other Jimmy Choo shareholders are preparing to appoint financial advisors in a bid to sell the company, which is believed to be worth up to $800 million.
Tamara, who oversees the label’s brand image, recently admitted she uses applications on her iPhone to plan and organize her wardrobe, as it helps her to save time. “One trick I do is I have my closet on my iPhone. I always have so many events coming up so I will take some time and prepare, say, the next 10. The outfits are all photographed and uploaded onto my iPhone, so that when I’m travelling and I’m in the office running late, one of my girls can run over to the hotel and they know - from the download - what to pull out, and it’s ready to go. It’s such a timesaver.”
Advertisement
Mounir Moufarrige Quits Ungaro
Posted by Andru Edwards Categories: Celebrities, Fashion Designers, Fashion Shows, News, Rumors,
Mounir Moufarrige has quit his job at the House of Emanuel Ungaro.
The Lebanese-born businessman - who had been the chief executive officer of the fashion label since 2006 - has left the company so he can focus on his other business interests.
Moufarrige has come under huge pressure recently after bringing Mean Girls actress Lindsay Lohan in as artistic director of the brand. The 23-year-old star’s debut line for the French fashion house was a critical flop when it was launched earlier this year.
While his focus will be on his other work, Moufarrige will apparently still remain a member of the company’s strategic committee and will oversee certain project and decisions. Marie Fournier has been named as Ungaro’s new general manager and will keep an eye on the running of the business.
Last month, Moufarrige defended his decision to ask Lindsay to get on board the company. He said, “We’ve got a celebrity and it’s a new concept, which we’re going ahead with. Ungaro, let’s recognize it, was a dormant brand, and now everybody’s talking about it today, so the level of awareness has improved greatly.”
Christian Lacroix Now Designs Jets
Posted by Andru Edwards Categories: Fashion Designers, News, Rumors, Sales,
From one runway to another, Christian Lacroix is set to design private jets.
The French designer, who filed for bankruptcy earlier this year, is in talks with Sheikh Hassan bin Ali al-Nuaimi—the nephew of United Arab Emirates ruler Ajman—about investing $70 million in the company. Al-Nuaimi wants to become the majority stakeholder and despite the current global economic downturn, the sheikh has bold plans for the brand. He is keen to transform the fashion label into a luxury lifestyle brand with a range of products including lavish palaces, planes and hotels.
Al-Nuaimi said, “The idea is not to focus on fashion by itself. We are discussing different activities in leisure… private jets, hotels, high-quality yachts, palaces, and interior decoration. We will focus on very exclusive areas and don’t want to sell his name cheap in the market.”
Lacroix, who counts Christina Aguilera among his celebrity fans, will need approval from a French court before the deal goes ahead. A decision is set to be made by the end of the month.
Advertisement
© Gear Live Media, LLC. 2007 – User-posted content, unless source is quoted, is licensed under a Creative Commons Public Domain License. Gear Live graphics, logos, designs, page headers, button icons, videos, articles, blogs, forums, scripts and other service names are the trademarks of Gear Live Inc.
