Belgian designer Diane von Furstenberg’s New York City-headquartered namesake fashion label recently decided to close its store in Mayfair, London, as it is resetting its business model. “We particularly look forward to welcoming our UK clients to our points of sale in Selfridges, Harvey Nichols and Harrods,” its chief financial officer Andrew Stokoe said.
The brand will continue to invest in e-commerce and the DVF.com platform and remain committed to support its customers, in addition to its global network of franchise partners and wholesale accounts, he was quoted as saying by British media reports.
Furstenberg, 73, also sent a letter to UK clients explaining the brand’s decision due to the ‘very difficult present situation’.
Author Profile
Latest Post
Market Reports2023.06.08Monthly Debt Market Update – June 2023
apparel2023.06.08Smart Clothing Market Size Worth USD 23.30 billion in 2030 | CAGR:30.03%
Business & Policy2023.06.08Results of the 20th ITMF Global Textile Industry Survey
News & Insights2023.06.08FMI’ Analyst view: “Pre-made Pouch Packaging: How are the United States & Europe setting the standard for sustainability in the packaging industry?