Business of Fashion

Alexander Wang in Contract Talks With Balenciaga

As soon as Alexander Wang was appointed Creative Director of Balenciaga in December 2012, replacing Nicholas Ghesquière, his appointment was seen as a move to inject the heritage brand with his signature cool. And all seemed to be going well - or at least we thought.  However now two and a half years on, WWD is reporting that the designer is currently in negotiations talks with the fashion label over the renewal of his contract – and rumour has it that his contract may not be renewed at all. 

Italian Authorities Close Down 400+ Websites Selling Fake Luxury Goods

With Milan Fashion Week in full swing, and the world’s top designers showcasing their spring/summer 2016 collections. Italian authorities have closed down over 400 websites selling fake luxury goods including Prada handbags and Patek Philippe watches and launched raids against counterfeiters nationwide.

 
 

French Luxury Brands Group Kering Sue Alibaba Over Sale of Counterfeit Products

Alibaba, the largest e-commerce platform in China, has been sued by Parisian luxury and sportswear group Kering (owner's of brands that incluse Gucci, Stella McCartney, Alexander McQueen, Balenciaga, Bottega Veneta & Puma), for the second time in the space of a year.

 
 

Luxury Brand Hermès Loses China Trademark Dispute

Fashion house Hermès, a luxury brand based in France, has lost its trademark dispute in China to cancel a trademark similar to the Chinese version of it's name. Hermes registered its English name in China in 1977. However, it never registered its Chinese name as a trademark.