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.



Dolce & Gabbana's Operating Loss Widens to 13 Mln Euros in 2023-24

The logo of fashion house Dolce & Gabbana is seen outside a shop in Milan, Italy, April 8, 2024. (Reuters)
The logo of fashion house Dolce & Gabbana is seen outside a shop in Milan, Italy, April 8, 2024. (Reuters)
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Dolce & Gabbana's Operating Loss Widens to 13 Mln Euros in 2023-24

The logo of fashion house Dolce & Gabbana is seen outside a shop in Milan, Italy, April 8, 2024. (Reuters)
The logo of fashion house Dolce & Gabbana is seen outside a shop in Milan, Italy, April 8, 2024. (Reuters)

Dolce & Gabbana Holding posted a wider operating loss of 13 million euros ($14.4 million) in the fiscal year through March after stepping up investments in its shop network and its beauty division which it brought in house, a filing showed.

The operating loss was 1 million euros in the previous fiscal year, according to documents filed with the Italian Chamber of Commerce.

While requiring higher investments, the decision to internalize the cosmetics business, which Dolce & Gabbana took in 2022, boosted revenues, the document showed.

The holding, which controls the Italian fashion house founded by the designer duo Stefano Gabbana and Domenico Dolce, posted a 17% increase in revenues to 1.87 billion euros in the 12 months to March 31.

Sales in Europe, which represent 50% of the fashion and home division's sales, grew 6% year-on-year. Sales in the other main geographic areas declined, with the US market in particular down 13%.

Demand for luxury goods has been cooling globally after an exceptionally strong post-pandemic rebound, posing a major challenge to some brands as performances across the sector vary significantly.

Reuters reported in July that Dolce & Gabbana was likely to seek a minority investor in the near term, after CEO Alfonso Dolce told an Italian newspaper earlier that month that the fashion house could either do that or consider a stock market listing.