Tag: fashion

While it was reported over the weekend that Diane von Furstenberg has permanently shuttered its Bruton Street flagship in London and the DVF Studio U.K. has gone into administration, it appears DVF globally looks to reset its business model. The company’s chief financial officer told WWD over the weekend, “We are continuing to invest in e-commerce and the DVF.com platform and remain committed to support our loyal customers in addition to our global network of franchise partners and wholesale accounts.”
Reached for comment Tuesday, Diane von Furstenberg said she’s not ready to discuss changes she’s planning in the U.S. business.
But there’s no question that, like all of her competitors, she’s taking a hard look at her entire retail and wholesale organization to modernize the brand for today’s rapidly changing environment.
In a WARN (Worker Adjustment and Retraining Notification) notice, it was learned that DVF laid off 28 employees on April 24 due to a plant layoff. The company is privately held.
FOR MORE STORIES: 
Diane von Furstenberg to Receive Legion d’Honneur
DVF London Store to Shut as U.K. Division Files for Administration
DVF Taps NewStore to Power Brand’s Omnichannel Operations

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VENICE IS ON: The show really must go on. The international Venice Film Festival will take place as scheduled and as a physical event, running Sept. 2 to 12.
On Monday, a spokesperson confirmed the event will run in the Italian city as planned, following media reports on Sunday that Veneto’s governor Luca Zaia was giving the green light to the event. As reported last month, a decision was expected at the end of May. By contrast, the Architecture and Arts Biennale exhibitions have been postponed to 2021 and 2022.
As reported by Variety, which as WWD is owned by Penske Media Corporation, after surveying a wide range of film industry executives in early May to ask for concerns and suggestions about the upcoming edition, the festival’s artistic director Alberto Barbera stated: “We know that it would be simply impossible to plan a festival without knowing if you all are willing to use the festival to give a new start and a strong sign for keeping cinema alive, even in these difficult times.” Barbera also asked producers and sales agents about “the concrete possibility of bringing (talent) to accompany the invited films.”

Italy has been hard hit by the coronavirus pandemic, reporting 32,785

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