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Stock impact report

Hermès veteran Véronique Nichanian's final menswear collection is an ode to longevity [CNN]

FAST RETAILING UNSP/ADR (FRCOY) 
NASDAQ:AMEX Investor Relations: fastretailing.com/eng/ir
Company Research Source: CNN
So it was heartening to see a fashion house celebrate, with pitch-perfect dignity, the departure of one of its longtime designers at Paris Men's Fashion Week on Saturday night. Véronique Nichanian, who for almost four decades oversaw men's clothing at Hermès, marked her final outing with a show that provided a rare moment of elegance in a tumultuous fashion business, and a collection that underscored how this ultra lowkey designer has created a pragmatic lavishness that countless contemporaries have copied in vain. Nichanian revealed in October that she would depart the French luxury house after 38 years. A respectful few days later, Hermès announced the 71-year-old's successor: Grace Wales Bonner, the British millennial darling whose quiet intelligence has helped her build a small empire on sophisticated, self-assured clothes. Such a seamless, peaceful transition of power is wincingly rare in fashion, and stands out against the wider industry mood. Over the past year and a half, Show less Read more
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