The house of Balmain has opened its first boutique on the West Coast of the United States, and in keeping with its creative director Olivier Rousteing’s DNA, it’s situated in a classic modern building in Hollywood.
Balmain has named Massimo Piombini to be its new CEO, changing chief executive nine months after the French house was acquired by a Mayhoola for Investments, an investment vehicle controlled by the Qatari royal family.
Aouadi, Guo Pei and Iris Van Herpen are the new names who have been invited to show at the Haute Couture FW in Paris in January. They feature three contrasting styles hailing from Marseilles, China and Amsterdam.
The fashion industry is entering a new growth cycle with a bigger focus on customers' price, quality and style expectations than in the mid-2000s, prompting brands to renew their design teams, executives said this week.