News Brief: Mulberry Reports FY $2.2M Loss, J. Crew Replaces Womens Design Director

Madame Carven Memorialized in Paris
The French couturier, born Carmen de Tommaso who died last Monday at the age of 105 was remembered by family, friends and members of the French fashion industry who gathered on Friday to celebrate and remember her life and contribution to the fashion industry. [WWD]

Mulberry Reports FY $2.2M Loss
After its strategy to move upmarket backfired badly Mulberry revealed annual profits tumbled by 74% , howver it insists its sales were rebouding since its switch to more affordable ranges. [Bloomberg]

Editor Catherine Rousso Dies at 71
Called a "grande dame de la mode" by the French press Rousso, died on Thursday from a long illness at the age of 71. A longstanding figure on the fashion scene she has been credited with launching the careers of many artists who were to become big names. [WWD]

J. Crew Replaces Womens Design Director, Cuts 175 Jobs
The American Retailer dismissed its women's design director Tom Mora, replacing him with Somsack Sikhounmuong, head of design for sister label Madewell. It also made 175 job cuts which mostly come from positions at its corporate headquarters. [WSJ]