Confirmation of Carven's acquisition by Chinese group Icicle has been accompanied by the news that the French label will be able to keep on all of its current employees – all bar one: creative director Serge Ruffieux.
The Philadelphia 76ers center Joel Embiid has signed a five-year footwear and apparel endorsement deal with Under Armour, which is expected to make the 7-foot basketball player the highest-paid at his position.
German luxury marque MCM has appointed Dirk Schönberger to be its new global creative director in a surprise move. Schönberger takes up his new position immediately, and will present his first collection later this year.
The apparel retailer has announced Rob Adamek as chief operating officer; Joy Garcia as senior vice president and chief marketing officer; and increased Jason Warr's responsibilities as vice president of e-commerce.