It's no secret that winning the ANDAM award can change a designer's career so Anthony Vaccarello is waking up with a smile today. The Paris-based designer was chosen by a 22 strong panel includingEmmanuelle Alt and Hilary Alexander, to win this year's award beating other nominees like Adam Kimmel and Commuun.
Vaccarello has won $282,00 and $14,100 worth of Swarovski crystals to use for his S/S12 collection as well as a mentorship program with former Chloé CEO Ralph Toledano. This isn't the first time the young designer has won a prestigious award. A few years ago he won first prize at the Hyeres Festival landing a two-year placement under Karl Lagerfeld at Fendi.
WWD has finally confirmed the rumours that have been circulating for some time, that CEO and well-respected chairman of superbrand Chloe, Ralph Toledano, is no longer with the firm.
This news is not welcoming to the fashion house, especially when Paris Fashion Week is literally around the corner with head designer, Hannah MacGibbon described as "devastated" at Toledano's exit. Despite Chloe's profitable year during the recession, it has struggled to remain as popular as it did in the early noughties when it was one of the most coveted catwalk collections. Under pressure and failing to perform, Toledano has been pushed out by the newest boss, Marty Wikstrom. Geoffroy de la Bourdonnaye, former CEO of London's Liberty department store, is said to be among the frontrunners to succeed Toledano.