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John Galliano Brand to Continue, For Now

>> Dior CEO Sidney Toledano was at the John Galliano presentation yesterday — "the clearest signal that Dior hasn’t given up on Galliano — at least not yet," the Wall Street Journal noted. "For the moment, the [Galliano] business continues," Toledano confirmed. "This is a business which has licenses and tomorrow we will show the collection in the showrooms as usual . . . I am here to prove that business goes on . . . and to support the teams." Without Galliano the designer, however, it's not clear how long Dior's commitment will last; and the label, which barely breaks even, would not survive without Dior, which owns a 92 percent stake in the brand. [WSJ, Reuters]

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