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Gabriela Hearst and Joseph Altuzarra join CFDA board

The Council of Fashion Designers of America (CFDA) has named Gabriela Hearst and Joseph Altuzarra as new members of its board of directors. The news was confirmed by WWD. Both designers have already been long-term members of the organisation, Hearst having joined in 2012 and Altuzarra in 2013. They will sit alongside CFDA chairman Thom Browne,...

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Business|Analysis

Analysis: Financial health of independent designers threatened by Saks Global's restructuring

Last week, an unprecendented movement had begun in the fashion world. The leaders of the four main international industry organisations sent an open letter to Saks Global's CEO, Geoffroy van Raemdonck, urging him to guarantee payment of outstanding invoices to independent and emerging designers as part of the retailer's judicial restructuring....

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