While the Spring/Summer 2017 menswear shows were underway this week as part of New York Fashion Week Men’s, Burberry made headlines when it announced that longtime creative director Christopher Bailey is being ousted as the company's Chief Executive Officer - a position he has held for two years along with his primarily title of Chief Creative Officer. The 160-year old British design brand, whose revenue growth has suffered quite significantly over the past couple of years, confirmed that Marco Gobbetti is leaving LVMH-owned "it" brand, Céline, where he has held the position of CEO, to occupy the same role at Burberry; he will begin his tenure next year when his LVMH-imposed non-compete is complete.
Bailey is being stripped of his CEO title (likely as a result of mounting pressure from unhappy shareholders), but will continue on as chief creative and will also take on the title of President. The move comes on the heels of a wider trend in the industry of creative directors taking on larger, more brand strategic roles, the most recent of which being Alexander Wang, who is assuming the role of CEO – in addition to creative director – for his eponymous label.
Here are some of the other articles you may have missed this week ...
1. Kanye West, Damon Dash Victorious in "Loisaidas" Lawsuit: A New York federal judge granted Kanye West and Damon Dash a victory on Thursday in connection with their 2015 film, Loisaidas. U.S. District Judge Katherine Forrest dismissed Latin musician Michael Medina’s trademark lawsuit, which alleged that the musicians’ film infringed at least two of his federally trademark registrations for the term "Loisaidas.”
2. The Influx of Fakes on Amazon, Alibaba is an Opportunity for Brands: There is something of a silver lining at play, a positive aspect – for brand owners, at least – and it comes in the form of a chance to win back consumers and cut out the middlemen.
3. 21st Century Fox Settles "Black Swan" Internship Lawsuit: 21st Century Fox Inc. has settled class-action litigation by former interns, who sued, alleging that the film company violated the Fair Labor Standards Act and New York labor law by misclassifying them as unpaid interns and not entry-level employees. The case, which was filed in a New York federal court in 2011 by former unpaid interns, Eric Glatt and Alexander Footman, who worked on Fox Searchlight's production of "Black Swan" in New York City, sparked multimillion-dollar settlements with interns at other big media companies.
4. Kardashians in Multi-Million Dollar Legal Scuffle Over Beauty Collection ... Again: The Kardashians are at the center of yet another legal controversy involving a cosmetics brand, except this time they may not actually be at fault. Los Angeles-based cosmetics retailer, Haven Beauty, launched a new collection this weekend, entitled, Kardashian Beauty. The collection makes use of the reality television sisters' names and faces on its website, but according to the Kardashians, they are not associated with the collection.
5. Christian Louboutin Wins First Round in Chinese Patent Lawsuit: A Chinese intellectual property court has handed a favorable ruling to Christian Louboutin in connection with the brand’s new cosmetics collection. This is a particularly significant ruling as it represents the first preliminary injunction issued by the Guangzhou IP Court in a patent infringement case since its inception in 2014.
6. Urban Outfitters Wins Latest Round in Navajo Nation Case: The retailer claims fair use, arguing that the term “Navajo” has “acquired a descriptive meaning within the fashion and accessory market […] that the fashion industry has adopted ‘Navajo’ to describe a type of style or print.”
7. Warner Bros. Settles FTC Charges over Influencers' Sponsored Social Media Posts: The U.S. Federal Trade Commission FTC settled its proceeding against Warner Bros Home Entertainment Inc. this week, highlighting the regulatory body's increasing focus on internet advertising by so-called influencers or online personalities.