>> Cerruti, which was purchased by the Li & Fung group in December, just announced that it will be suspending its womenswear division to focus on menswear. “We prefer not to spread ourselves too thin in a field that is highly competitive,” said CEO Florent Perrichon. Women's creative director Richard Nicoll will present his third and last collection for the house in March, in a yet-to-be-determined format. [WWD]
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