LVMH Names UK’s Sarah Burton Givenchy Creative Director

FILE PHOTO: Sarah Burton holds the British Brand award on behalf of McQueen at the Fashion Awards 2016 in London, Britain December 5, 2016. REUTERS/Neil Hall/File Photo
FILE PHOTO: Sarah Burton holds the British Brand award on behalf of McQueen at the Fashion Awards 2016 in London, Britain December 5, 2016. REUTERS/Neil Hall/File Photo
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LVMH Names UK’s Sarah Burton Givenchy Creative Director

FILE PHOTO: Sarah Burton holds the British Brand award on behalf of McQueen at the Fashion Awards 2016 in London, Britain December 5, 2016. REUTERS/Neil Hall/File Photo
FILE PHOTO: Sarah Burton holds the British Brand award on behalf of McQueen at the Fashion Awards 2016 in London, Britain December 5, 2016. REUTERS/Neil Hall/File Photo

French luxury goods company LVMH named on Monday Sarah Burton, the longtime-Alexander McQueen designer behind the Princess of Wales' 2011 wedding dress, as the new creative director for its Givenchy label.
The choice of the seasoned British designer, who joins Givenchy after nearly three decades at rival Kering's Alexander McQueen label, signals a new aesthetic direction for the label, filling a role covered by design teams since the end of last year, Reuters reported.
Her predecessor, Matthew M. Williams left Givenchy in December after three years. Known for his streetwear approach, Williams had mixed hoodies into lineups of sharp tailoring on the Paris catwalk, and embellished bags and shoes with prominent zippers and extra straps.
Burton, a famously discrete designer with a loyal following and strong design credentials, is known for flattering, deconstructed styles at McQueen, and carrying on the legacy of the label's founder, Lee McQueen following his death.
She had worked alongside him for fourteen years before becoming creative director in 2010.
Kering late last year, as part of an expansion drive at McQueen led by CEO Gianfilippo Testa, replaced her with a relatively unknown designer, Sean McGirr.
Burton will present her first collection for Givenchy next March, LVMH said.
"The arrival of Sarah Burton as head of our creative design is a very exciting moment for Givenchy," Givenchy CEO Alessandro Valenti said in a statement.
"Her remarkable career path and creative vision have already won her a vast fan base, and we are certain that under her direction, Givenchy will continue to innovate and captivate an extensive audience across the world stage," he added.



ASOS Warns of $200 Million Hit from Atlanta Distribution Center Closure

A keyboard and a shopping cart are seen in front of a displayed ASOS logo in this illustration picture taken October 13, 2020. (Reuters)
A keyboard and a shopping cart are seen in front of a displayed ASOS logo in this illustration picture taken October 13, 2020. (Reuters)
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ASOS Warns of $200 Million Hit from Atlanta Distribution Center Closure

A keyboard and a shopping cart are seen in front of a displayed ASOS logo in this illustration picture taken October 13, 2020. (Reuters)
A keyboard and a shopping cart are seen in front of a displayed ASOS logo in this illustration picture taken October 13, 2020. (Reuters)

Britain's ASOS Plc flagged a one-time impairment charge exceeding $200 million in fiscal 2025 due to the "mothballing" of its Atlanta distribution center on Wednesday, as the online fashion retailer navigates a tough business environment.

Over the last couple of years, ASOS has been working to transform its business after losing popularity among its target audience of young customers and dealing with an inventory surplus.

This effort by the retailer, however, has coincided with the growing prominence of budget-friendly fast-fashion brands such as Shein and the Chinese online retailer Temu.

The decision to phase out the Atlanta facility comes after ASOS completes a multi-year warehouse automation project.

US customers will be served from the retailer's automated UK fulfillment center from the second half of 2025 and through a smaller local site, ASOS said.

Due to the shift, the retailer expects to take a one-time hit of about 190 million pounds ($231.91 million) on its reported profit in fiscal 2025, and then save between 10 million pounds and 20 million pounds annually in core earnings from financial year 2026.

ASOS intends to market the Atlanta site - seven employees will be offered new roles if possible, and many third-party logistics workers will be given opportunities at nearby locations, the company said.

The firm, which opened a local US office in 2024, said it will continue to grow and build its local presence.