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Scottish cashmere marque Begg x Co names Vanessa Seward as New Creative Director

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January 15, 2025

Begg x Co has named Vanessa Seward as its new Creative Director, the Scottish cashmere marque announced on Wednesday.
 
Seward has already made her debut with a Begg x Co Capsule collection for Fall-Winter 2025, showcasing womenswear, menswear and homeware. 

Vanessa Seward, the new creative director of Berg x Co – Begg x Co

 
The Franco-Argentine designer will continue as Begg x Co Creative Director for the ensemble of the product categories as from Spring-Summer 2026, the brand explained.
 
“I feel very privileged at this point in my career to work with Begg x Co. It’s a company whose values coincide exactly with how I feel luxury and fashion should be migrating to in the coming years. More than ever I’m partial to King Charles’ “Buy once, buy well.” I believe in fashion investment, buying fewer items but of better quality to keep or hand down,” said Seward in a release.

Born in Argentina, Seward grew up in London before moving to Paris aged 12. In a busy career, she spent most of the 1990s as an accessory designer for Chanel, before joining Tom Ford at Yves Saint Laurent. Subsequently she assisted Loris Azzaro, before taking over as creative director of that house following his death in 2003. She later joined Jean Touitou at A.P.C. launching a ready-to-wear label together under her own name.
 
“It’s a thrill to work directly with their two mills, knit and woven, as part of their team in Scotland. I feel I’m dealing directly with a group of craftspeople committed to the highest quality. Begg x Co has a unique identity based on bold color association, responsible craftsmanship and artistic collaboration which resonates with my personal path of combining portrait painting and fashion,” Seward added.
 
Begg x Co designs and manufactures responsible cashmere knitwear, accessories and homeware for the modern lifestyle with mills in Ayr on the west coast of Scotland and Hawick, “The Home of Cashmere,” in the Scottish Borders. 
 
“To this, I’d like to add my long-lasting obsession with wardrobe templates. Begg x Co already has a cult following. My goal is to help them become a staple, the go-to brand when one dreams of a luxury cashmere item. It’s fashion with substance, authenticity and I dare say, a soul, a Scottish one for sure. I feel that makes sense in today’s luxury market,” Seward concluded.
 

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Fashion

Burberry names new exec in charge of tech team

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January 31, 2025

Burberry announced a key appointment on Friday with the luxury business saying it will soon have a new chief information officer.

Charlotte Baldwin

It has appointed Charlotte Baldwin to the role and she’ll join the business at the end of March. Baldwin will be responsible for leading Burberry’s global technology team and will join the executive committee. She’ll report directly to Burberry CEO Joshua Schulman

He described her as “a highly experienced technology and digital leader with a track record of leading large-scale digital transformation”.

She hasn’t previously worked in the luxury fashion sector but has wide-ranging experience across some major-name businesses in Britain.

She’s currently the global chief digital and information officer at coffee chain Costa Coffee where she oversees the company’s technology, digital and data organisation. 

Prior to joining that firm, she was the chief information, digital and transformation officer at private healthcare giant Bupa’s Bupa Insurance unit. She’s also held senior roles at Freshfields Bruckhaus Deringer, Pearson and Thomson Reuters.

Burberry has been navigating a tough period of late and Schulman joined in the top job last year, tweaking the firm’s strategy. His approach seems to be paying off with the company last week porting improved results, although the turnaround is still undeniable a work in progress.

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Gloucester Quays joins the record-breaking band of shopping centre successes

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January 31, 2025

Another day, another shopping centre delivering a “record-breaking” performance in 2024. This time it’s Gloucester Quays “capping off another year of considerable growth”, for the owner/operator Peel Retail & Leisure.

That included record Christmas trading at the key Gloucester mall, which helped overall sales for the year finish 6.7% ahead of the national average. Across November and December, retail sales grew 3.6% compared with 2023.
 
Looking at 2024 in total, an overall 7.4% year-on-year sales increase across its tenants was split between 6.1% for retail, and 8.5% for F&B.

But there was also double-digit growth from leading fashion, homewares, and outerwear brands including Next, Skechers, All Saints, Mountain Warehouse, Puma, Crew Clothing and Suit Direct. 

It said sustained growth was seen across all categories “points to the increasing relevance of the Gloucester Quays experience”.

Paul Carter, asset director at Peel Retail & Leisure, added: “There have been various headlines this month about how challenged retail was around Christmas, so to have Gloucester Quays performing so well is a real credit to our team and our brands.

“These results also serve as a reminder of how relevant and in demand this outlet is. We have experienced consistent growth for several years, and that success can be put down to the quality of our offer and waterside environment. There is no doubt our catchment is responding to how we have evolved Gloucester Quays, as an urban outlet that combines a compelling shopping environment with dining and leisure to fit all tastes and needs, benefitting from a heritage waterside setting that few regionally can match.”

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Chopard fragrance licensee Give Back Beauty agrees to buy rival AB Parfumes

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January 31, 2025

Italy’s Give Back Beauty, which makes perfumes for luxury brands such as Chopard and Zegna, on Friday said it had agreed to buy domestic rival AB Parfums to grow its distribution operations and add licensing deals.

Corrado Brondi, founder and president of Give Back Beauty

AB Parfums has an agreement with beauty giant L’Oréal Group to distribute some of its fragrances such as Ralph Lauren, Maison Margiela and Diesel. It also produces and distributes fragrances for brands such as Trussardi and Laura Biagiotti.

Fragrances have been outperforming the broader beauty sector and Give Back Beauty founder and Chairman Corrado Brondi told Reuters his company did not rule a possible bourse listing in the future, adding it had no financial need for it at present.

Brondi said AB Parfumes had sales of around €100 million, which would add to Give Back Beauty’s net revenues that totalled around €300 million in 2024.

Give Back Beauty, which was founded in 2019 and has a distribution deal with Dolce & Gabbana and a beauty license with Tommy Hilfiger, has a core profit margin currently a little over 15%, it said.

AB Parfums is being sold by Italy’s Angelini Industries, a family-owned group that is mostly active in the pharmaceutical sector.

Give Back Beauty’s business is currently focused on fragrances, which represent roughly 70% of its revenues, but it aims to grow its skincare, make-up and haircare product lines, Brondi said. 
 

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