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Perfect Moment bolsters management with former Canada Goose execs

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February 4, 2025

​Luxury skiwear brand Perfect Moment announced on Monday several leadership changes, as the London-headquartered firm looks to strengthen its management team, ahead of its next phase of growth.

Perfect Moment

Leading the changes, Chath Weerasinghe has been appointed chief financial officer and chief operating officer at Perfect Moment. Weerasinghe joins the company from Canada Goose, where he served as regional director and vice president of finance and operations for Canada Goose EMEA, and he was responsible for the Canadian outerwear giant’s global expansion. 

Likewise, Vittorio Giacomelli, former president of product and sourcing at Canada Goose, has also joined Perfect Moment, where will be responsible for overseeing product strategy, product development, and innovation. The executive has decades of expertise in design, product development, and sourcing, as he held stints at Moncler, The North Face, Napapijri, and Nike.

Meanwhile, Perfect Moment co-founder and chief creative officer, Jane Gottschalk, has been appointed president of the company. Gottschalk will continue to oversee the company’s creative direction as well as marketing, commercial and brand strategy.

The management changes come at a transformative time for Perfect Moment, as the firm looks to strengthen its position in the luxury outerwear market, while resonating strongly with a younger demographic seeking individuality and innovation, according to a press release.

“These leadership changes reflect our commitment to building a world-class team that matches the potential of the Perfect Moment brand,” said Perfect Moment chairman, Max Gottschalk. “Chath’s operational expertise, Vittorio’s extensive experience in production, and Jane’s creative leadership provides us a powerful foundation to drive growth and establish Perfect Moment as a leader in the luxury outerwear market.”

In its most recent trading update in November,  the Chamonix-founded company said revenues plunged 35 percent to $3.8 million in the second quarter, on the back of a decline in collaborations revenue, partially offset by gains in its e-commerce vertical.

 

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Luxury leather goods brand Camille Fournet set to expand in US, India, Middle East

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Nicola Mira

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February 4, 2025

In 2025, French luxury leather goods brand Camille Fournet is celebrating its 80th anniversary. The brand was founded in 1945 by Camille Fournet, a craftsman based in the Aisne region of France. Over the years, the company has broadened its business, notably with leather goods.

A Camille Fournet visual – DR

In the 1960s, Camille Fournet began to create leather watch straps for French and Swiss watch makers. Tapping this expertise, and producing at a factory that was opened in the 1970s in Tergnier, France, the brand launched the first Camille Fournet watch straps in 2006, then introduced a range of leather goods in 2020, notably belts and handbags. The Camille Fournet brand now accounts for 25% of the company’s €40 million revenue.

To continue to grow, the brand, which opened a store on rue Cambon in Paris in 2006, and has two stores in Japan in addition to various department store concessions, is keen to boost its export retail business.

“Japan has always been our main market in terms of in-store sales, but the USA is now number one in terms of e-commerce sales. There is a strong appetite for French leather goods [in the US],” said Jean-Yves Basin, CEO of Camille Fournet.

Its unisex leather products retail on average at prices between €1,500 and €1,700. The brand will be available in New York in March via a space in “a French department store,” said Basin. Camille Fournet’s retail expansion drive will then focus on opening shop-in-shops in India and the Middle East: at Galeries Lafayette in Mumbai this summer, and in Dubai in the autumn.  

Camille Fournet was bought in 1994 by its current president and majority shareholder Jean-Luc Déchery, while new minority shareholders bought stakes last year. The company is also strengthening its third-party production business for luxury labels.

A year ago, it invested €7 million in a new facility at its Tergnier production site, with the goal of increasing its handbag manufacturing capacity for French luxury labels.

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Multi-ethnic New York Fashion Week opens under shadow of tariffs and Chinese retaliation

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February 4, 2025

New York Fashion Week kicks off the international catwalk season this Thursday morning with designers deeply worried about tariffs and the brands threatened by multiple international sanctions.

New York will welcome a less star-studded line-up this fashion week season – Unsplash/Christian Ladewig

The season is increasingly denuded of its greatest designers: Ralph Lauren, Tommy Hilfiger, Marc Jacobs (who showed off-calendar), and Proenza Schouler, whose appointment as new creative directors of Loewe is expected to be announced this spring.
 
The most famous brand showing in New York will be Calvin Klein, a runway return after almost a half-decade hiatus with new designer Veronica Leoni. But that same brand has just been put on China’s Unreliability Entity List, along with fellow PVH stablemate, Tommy Hilfiger.

The aggressive moves came after President Donald Trump, a former New York resident, imposed fresh tariffs on China. In response, China’s Commerce Ministry complained that the two fashion brands “violated normal marketing trading principles, interrupted normal transactions with Chinese companies, adopted discriminatory measures against Chinese companies, and seriously damaged the legitimate rights and interests of Chinese companies.” Without, however, providing any exact details.

Being placed on the list means probable fines, and restrictions on sales and investments in China.

Calvin Klein returns to NYFW after a half-decade hiatus – Calvin Klein

 
Still, don’t expect a quiet NYFW season with 47 brands staging runway shows, 16 brands holding presentations, a further 19 labels busy with by-appointment displays, and four brands listed as digital shows in the six days of action that ends Tuesday evening February 11, with Thom Browne’s show. 
 
The New York season comes after multiple designers spoke out in last month’s menswear and haute couture shows in Europe against attacks on the LGBTQI+ community in the wake of Trump’s return to power in Washington. 
 
Which indirectly highlights one of the New York’s season’s greatest strengths. Its remarkable ethnic and gender diversity – certainly compared to continental Europe. According to the Council of Fashion Designers of America (CFDA), U.S. fashion’s governing body, designers are almost exactly split between men and women with one listed as non-binary. While 48 brands are designed by a caucasian designer; 17 by an Asian designer; 16 brands by a Black designer; and seven by Latinx designers.
 
Truly the Big Apple remains the melting pot of the world, and of fashion. In this moment of resistance and hope, we spoke with the CFDA’s CEO Steven Kolb, as the fashion games begin. 

Steven Kolb – CFDA

 
FashionNetwork: China has just announced retaliatory tariffs. What impact will this have on NYFW?  And on American designers? And on PVH, which includes Calvin Klein and Tommy Hilfiger, and has been named on the Unreliability Entity List by China?
 
Steven Kolb: China’s retaliatory tariffs will affect American fashion. Increased manufacturing costs and disruptions in the supply chain may influence designers’ pricing and production. NYFW could also experience these impacts as brands tackle these challenges. PVH’s designation on China’s Unreliable Entity List could restrict market access, disrupt supply chains, and affect consumer demand.
 
FN: Despite these concerns, which new talent are you most excited about in this coming season?

SK: We’re looking forward to the return of Calvin Klein Collection under the creative direction of Veronica Leoni as well as Christopher John Rogers. New to the schedule are such talents as Gabe Gordon, LeBlancStudios by Yamil Arbaje and Angelo Beato, and Zoe Gustavia Anna Whalen, Heirlome and Chuks Collins. New York Fashion Week has always been a place of discovery and these talents bring a new voice and perspectives to the American Collections.
 
FN: Fashion weeks in Europe in January – both menswear and couture – saw a lot of expressions of support for the LGBTQI+ community. Do you expect that to also happen in NYFW?
 
SK: The LGBTQI+ community has long been an essential part of New York Fashion Week and American fashion. Given the current political climate, we expect designers to express their support for the community. Fashion reflects culture, and NYFW will continue to be a platform for that.

 

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Caleres appoints new chief merchandising officer for Famous Footwear

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February 4, 2025

U.S. footwear firm Caleres announced on Monday the appointment of Brian Costello to the role of chief merchandising officer at its Famous Footwear brand.

Brian Costello – Courtesy

In this role, Costello will oversee all buying and merchandising, including women’s, men’s and kids’ athletic and fashion footwear and accessories, for the Famous Footwear’s U.S. and Canada stores and e-commerce sites.

With over 30 years of fashion retail experience across department store Macy’s and Nordstrom, Costello was responsible for leading all footwear categories, women’s accessories and a variety of ready-to-wear categories at Nordstrom Rack, a large segment of the women’s shoe business at Nordstrom, and planning and site merchandising for the launch of Nordstrom Rack’s online store.

“I’m proud to be joining Caleres and Famous Footwear,” said Costello. “As a retailer, many of our best wholesale partners were at Caleres. As a competitor, I always watched and shopped Famous Footwear. I’m honored to be leading such a strong merchant organization.”

In its most recent trading update in January, Caleres cut its target for consolidated sales, earnings per share and adjusted earnings per share for the full year, due to weak holiday sales and weather-related disruptions at its Famous Footwear chain.

“Brian has a long track record of exceptional fashion and footwear industry leadership,” said Mike Edwards, president of Famous Footwear.

“With expertise in merchandising and planning for both footwear and ready-to-wear, I’m confident he will help drive growth and achieve our ambitions at Famous Footwear.”

The St. Louis-based footwear company expects full-year consolidated net sales to be down 3% to 3.5%, compared to 2.5% to 3%, it reported back in January.

 

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