Designer Bouchra Jarrar has quit Jeanne Lanvin SA, the troubled Paris label confirmed on Thursday, only 10 months after she showed her first collection there.
The 46-year-old closed her own label in March last year so she could dedicate herself to reviving France’s oldest fashion house.
However, it soon became clear that all was not well within the house, which has been in turmoil since the shock firing of its previous designer, Alber Elbaz, in 2015.
In a short statement, Lanvin said the two parties had “mutually decided to put an end to their collaboration.”
Popular Elbaz had brought Lanvin, founded in 1889, back from the edge of oblivion before he fell foul of its formidable owner, Taiwanese media magnate Wang Shaw-lan (王效蘭).
The label sank 18.3 million euros (US$20.9 million at the current exchange rate) into the red last year, its first loss in a decade.
Jarrar’s two collections for the label were warmly received for their “sober elegance” by critics, and last week she was made an officer of France’s prestigious Ordre des Arts et des Lettres for her services to fashion.
However, with morale low in the brand’s workshop amid an exodus of talent after Elbaz’s departure, and rumors of further friction over budget cuts, her exit was not unexpected.
In March, Jarrar hinted that she was not getting the support that she needed to turn the label around.
“I want to bring my expertise, creativity, technical know-how and pragmatism” to the brand, she told the South China Morning Post.
For that, “I need the whole house’s support. Alone it’s impossible,” she added.
Wang and Lanvin’s other major shareholder, Swiss businessman Ralph Bartel, plan to recapitalize the company and relaunch the brand, French business magazine Challenges reported.
Quanta Computer Inc (廣達) chairman Barry Lam (林百里) is expected to share his views about the artificial intelligence (AI) industry’s prospects during his speech at the company’s 37th anniversary ceremony, as AI servers have become a new growth engine for the equipment manufacturing service provider. Lam’s speech is much anticipated, as Quanta has risen as one of the world’s major AI server suppliers. The company reported a 30 percent year-on-year growth in consolidated revenue to NT$1.41 trillion (US$43.35 billion) last year, thanks to fast-growing demand for servers, especially those with AI capabilities. The company told investors in November last year that
Intel Corp has named Tasha Chuang (莊蓓瑜) to lead Intel Taiwan in a bid to reinforce relations between the company and its Taiwanese partners. The appointment of Chuang as general manager for Intel Taiwan takes effect on Thursday, the firm said in a statement yesterday. Chuang is to lead her team in Taiwan to pursue product development and sales growth in an effort to reinforce the company’s ties with its partners and clients, Intel said. Chuang was previously in charge of managing Intel’s ties with leading Taiwanese PC brand Asustek Computer Inc (華碩), which included helping Asustek strengthen its global businesses, the company
Taiwanese suppliers to Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電) are expected to follow the contract chipmaker’s step to invest in the US, but their relocation may be seven to eight years away, Minister of Economic Affairs J.W. Kuo (郭智輝) said yesterday. When asked by opposition Chinese Nationalist Party (KMT) Legislator Niu Hsu-ting (牛煦庭) in the legislature about growing concerns that TSMC’s huge investments in the US will prompt its suppliers to follow suit, Kuo said based on the chipmaker’s current limited production volume, it is unlikely to lead its supply chain to go there for now. “Unless TSMC completes its planned six
Power supply and electronic components maker Delta Electronics Inc (台達電) yesterday said it plans to ship its new 1 megawatt charging systems for electric trucks and buses in the first half of next year at the earliest. The new charging piles, which deliver up to 1 megawatt of charging power, are designed for heavy-duty electric vehicles, and support a maximum current of 1,500 amperes and output of 1,250 volts, Delta said in a news release. “If everything goes smoothly, we could begin shipping those new charging systems as early as in the first half of next year,” a company official said. The new
RSS