At the company’s height in 2006, it posted annual volume of $4.99 billion and a portfolio of 40 brands.
“It’s just a fashion invasion,” said Bruno Pavlovsky, president of fashion at Chanel, before the house’s extravaganza at Fair Park in Dallas.
Dani Reiss will remain president and chief executive officer of the Toronto-based outerwear firm.
The latest deal leaves the company as a monobrand firm focused just on Kate Spade.
Hennes & Mauritz AB will reveal today that it has collaborated with Alexia Niedzielski and Elizabeth von Guttman of sustainability think tank Ever Manifesto.
Tech-savvy shoppers are increasingly making new discoveries through shopping sites or apps that hook them up with their favorite fashions.