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Serge Brunschwig is new Jil Sander CEO, gets wider strategy role within OTB Group

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February 5, 2025

There have been some big developments at OTB Group recently and another came on Wednesday as it announced the appointment of Serge Brunschwig as CEO of Jil Sander and chief strategy officer of the group. He’ll report to Ubaldo Minelli, OTB Group CEO.

Serge Brunschwig

It’s big move for OTB but also for Brunschwig himself who had seemed to have French luxury giant LVMH running through his veins but is now at a more disruptive Italy-based group. 

After joining the French conglomerate in 1995, he took on various high-profile leadership roles over the years in companies within the wider business. 

These roles included CEO and president of Fendi, president of Dior Homme, COO of Christian Dior Couture and CEO of Celine, in addition to holding key managerial positions at international level with Louis Vuitton and Sephora

So clearly, OTB now has one of the luxury fashion sector’s biggest hitters on its team.

Minelli said of the appointment: “We are delighted to welcome Serge Brunschwig to our group. In his role as CEO of Jil Sander, Serge will aim to further elevate the positioning of this brand with invaluable potential, carefully and strategically guiding its growth trajectory. Thanks to his experience and international vision, he will also contribute to defining an even more ambitious strategic path for OTB.”

As mentioned, OTB has been making continuous headlines of late. Most recently Viktor & Rolf renewed their contracts for a further five years, and last week Maison Margiela announced Glenn Martens as its new creative chief, succeeding John Galliano who left two months ago. As for Jil sander itself, there have recently been rumours that Daniel Lee is headed there to succeed Luke and Lucie Meier.

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Fashion

Temu, Shein targeted as EU cracks down on unsafe ecommerce imports

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February 5, 2025

Chinese online marketplace Temu and fast-fashion retailer Shein will be liable for the sale of unsafe and dangerous products on their platforms, the European Commission said on Wednesday as part of a crackdown against the flood of cheap ecommerce imports into the European Union.

The EU executive also said it would coordinate a joint investigation by the Consumer Protection Cooperation (CPC) Network of national consumer authorities into Shein based on suspicions that the company infringes EU consumer protection rules.

The measures by the EU executive echoed a similar push by the U.S. government which ended a trade provision this week used by retailers including Temu and Shein to ship low-value packages duty-free to the United States.

The Commission said its concerns were triggered by some 4.6 billion low-value items below €22 imported into the EU last year, equal to 12 million parcels per day, 91% of which came from China. The figure was double that in 2023.

It said the cheap imports pose unfair competition to EU sellers which follow the rules while the large number of packages being shipped has a negative impact on the environment and climate.

“We want to see a competitive e-commerce sector that keeps consumers safe, offers convenient products, and is respectful of the environment,” EU tech chief Henna Virkkunnen said in a statement.

Shein said it would engage with the consumer agencies and the Commission.
“We share the CPC Network’s goal of ensuring European consumers can shop online with peace of mind, and we intend to work closely with the CPC Network and the Commission to address any concerns,” a spokesperson said.

Temu did not immediately respond to a request for comment. 

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Very Group changes finance provider for customer loans

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February 5, 2025

The Very Group has a new bank to operate its customer loan portfolio. The digital fashion/lifestyle retailer has appointed NatWest to run the securitisation of its buy-now-pay-later (BNPL) customer loans.

It replaces HSBC that had run the group’s £1.8 billion portfolio for about 10 years, reported The Times. The report said HSBC has been replaced after putting the owning Barclay family’s logistics company into administration last year while also ordered the sale of other assets owned by the Barclay family. 

The bank appointed restructuring advisers to handle the insolvency of Logistics Group Limited last year to seek payment on debt of £143.5 million.

Very’s finance arm offers its BNPL service and accounts for around 90% of sales made through customer loans. The group repackages the loans into a securitisation facility that has been running for more than 20 years.

The BNPL service would have helped the Very Group enjoy “strong” Christmas trading growth at its key retail operation, “driven by exceptional sales in [the] Home and Toys, Gifts & Beauty categories”.

In the seven weeks to 27 December, Very UK delivering retail sales growth of 2.3% year-on-year, “supporting group retail sales growth of 0.5%”. Its standout categories in the festive period were Home (up 15%) and Toys, Gifts & Beauty (up 7.3%). Fashion & Sports saw less impressive 2.9% growth but the category rose 11.2% excluding Nike. Menswear was a strong category within Fashion & Sports.

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Clarks releases 200th anniversary documentary film

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February 5, 2025

A 200th anniversary deserves a major statement and Clarks has made just that. The UK’s heritage footwear business marks the major milestone of shoemaking heritage with a documentary film, ‘From Somerset to the World’.

Clarks collaborator Liam Gallagher

The documentary celebrates the brand’s journey from humble beginnings in 1825 in Street, Somerset, “to becoming one of the most recognised and loved footwear brands in the world”.

Narrated by Yasiin Bey, aka Mos Def, the American rapper and actor, and directed by Set Free Richardson, the film highlights Clarks’ “evolution, cultural relevance, and global impact”.

It interviews a host of celebrities and influencers about their associations with the brand including musicians Liam Gallagher, Big Youth, Raekwon, Ghostface Killah, singer Lila Ike, DJ/presenter Becca Dudley, British-Jamaican designer Martine Rose, Dutch designer Danielle Cathari, and Jamaican former footballer Allan ‘Skill’ Cole.
 
Gallagher, who is due to launch his second collaboration with Clarks this year, reflects: “My earliest memories of Clarks, is probably when I’ve gone to school… because everyone was wearing them, they were the all the rage back then. I wore Clarks all the way through the ‘90s, got lots of memories… I don’t think there is any other brand for me, really… I find it hard to even look at other brands… Clarks have never let me down.”

 

Cathari also shares her perspective in the film: “Clarks introduced me to footwear outside of sneakers… What I think Clarks represents for women today is versatility. You know, the little black dress is to apparel what Clarks is to footwear.”

The documentary is now available to watch globally on the Clarks and Clarks Originals Instagram channels @ClarksShoes and @ClarksOriginals.

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