Rich kids of Insta use strong dollar to fuel sales of high-end brands such as Burberry, Louis Vuitton and Gucci
They’re young, rich and mortgage-free, and the scions of the 1% are having a roaring twenties.
Despite the economic gloom currently shrouding the UK and many other western countries, sales of luxury brands have been booming and growing numbers of buyers are young adults.
Continue reading...Executives removed the rapper from the Los Angeles building and said the footwear brand has ‘no intention of working with West’
Executives at Skechers escorted Kanye West out of the company’s corporate offices in Los Angeles, after the rapper and fashion designer showed up “unannounced and without invitation” on Wednesday.
In a statement released after the incident, the footwear brand said it “has no intention of working with West” and that the artist, now known as Ye, was engaged in “unauthorized filming”.
Continue reading...The Fashion Workers Act would curb abuses ranging from enforced financial dependency to sex trafficking
Kaja Sokola was a shy teen from Wroclaw, Poland, when she received news that changed her life: modeling agents saw her photo during an open casting call, and they wanted her to walk at a show in Warsaw.
Sokola had done one or two walks in a dress or skirt, but the show was mostly underwear. She was 14.
Continue reading...Any use of Italy’s publicly owned art to sell merchandise requires permission and payment of a fee
Italy’s Uffizi Galleries are suing the French fashion house Jean Paul Gaultier for damages that could exceed €100,000 (£88,000) after the company’s allegedly unauthorised use of images of Botticelli’s Renaissance masterpiece The Birth of Venus to adorn a range of clothing products, including T-shirts, leggings and bodices.
The matter came to light earlier this year after the Uffizi in Florence was notified of the garments being advertised by Jean Paul Gaultier on its website and social media.
Continue reading...Founder Julian Dunkerton says being ‘cool again’ with TikTok generation helped turn previous £37m loss into £18m profit
Superdry is in talks with its banks to renegotiate up to £70m debt, the fashion retailer revealed on Friday, but investors shrugged off concerns to send shares soaring more than 14% as founder Julian Dunkerton announced a return to profit.
Dunkerton claimed Superdry “was cool again”, with strong demand from the TikTok generation for items such as parachute pants and Afghan coats, as he revealed pre tax profits of £18m, a bounce back from a loss of almost £37m a year before as sales rose almost 10% to £610m in the year to 30 April.
Continue reading...The fashion-friendly actor will star as the larger-than-life designer, who died in 2019, in a new film project
Jared Leto’s foray into fashion continues. After playing Paolo Gucci in Ridley Scott’s sprawling House of Gucci last year and Gucci designer Alessandro Michele’s “twin” at this year’s Met Gala, he will now star as Karl Lagerfeld in a new biopic of the designer.
Lagerfeld, who died in 2019 at the age of 85, was one of fashion’s larger than life characters, so he undoubtedly has a theatrical dimension that would appeal to an actor. According to an interview with Women’s Wear Daily, when Leto first met Lagerfeld, he said to him: “You know, one day I have to play you in a movie.” Lagerfeld answered appropriately in fashion speak: “Only you, darling, only you.”
Continue reading...Fendi and her sisters took luxury brand to new creative heights by bringing in Karl Lagerfeld in 1960s
Franca Fendi, one of the five sisters who inherited a small Roman leather goods workshop and together transformed it into a luxury fashion house, has died in Rome on Monday. She was 87.
Born in 1935, she participated from a young age in the management of the company that from the 1960s onwards, under the guidance of the sisters, became a global luxury powerhouse famed for its reimagining of the classic fur coat.
Continue reading...Parentless labels reveal collections, with Miyake’s fluid inventions repurposed for 2023
What happens to a fashion house after its founder dies? If you’re Issey Miyake and Off White, two labels made parentless in the past 12 months, you carry on making collections in their name while peering through the sartorial looking-glass as you figure out what to do next.
Closing was never an option for Issey Miyake. The first Japanese designer to crack Paris fashion week, Miyake’s name was already a byword for cutting-edge style and Steve Jobs polo necks when he died in August aged 84. Miyake had not designed at his label since 2020 (Satoshi Kondo is the current creative director) but his fingerprints have always been all over the label’s collections.
Continue reading...Thaw Nandar Aung, AKA Han Lay, feared being sent home after she was stopped at Thai border last week
A Myanmar fashion model who was denied entry to Thailand and feared arrest by the military government in Yangon if she was forced back home from exile has flown to Canada, which she says has granted her asylum.
Thaw Nandar Aung, also known as Han Lay, left on a flight from Bangkok’s Suvarnabhumi airport early on Wednesday, according to Archayon Kraithong, a deputy commissioner of Thailand’s Immigration Bureau. He said he was not authorised to reveal her destination.
Continue reading...Whether to pay homage to the Queen amid the party dresses has divided participants
There was only one show in town in London this weekend, and that was the Queue. But the catwalks of London fashion week soldiered on.
“It felt important to keep going, because this is a time when London needs to stick together, and right now some of this city’s young designers are at risk of losing their businesses,” said the designer Jonathan Anderson after his JW Anderson show.
Continue reading...LVMH announced measures after Emmanuel Macron urged France to reduce power consumption
LVMH, the owner of Louis Vuitton, plans to lower the thermostat at its stores around the world as part energy-saving measures this winter.
The French conglomerate will also turn off the lights at its stores earlier, starting in France in October before being deployed worldwide.
Continue reading...August slump leads to online fashion retailer downgrading annual growth forecast to about 2%
Asos said sales in August were weaker than expected and warned that full-year profits would be at the bottom end of its guidance, with the cost of living crisis hitting cash-strapped shoppers.
The online fashion retailer, which made more than £190m in profits last year, expects profits for the year to the end of August to be about £20m.
Continue reading...Supermodel joins list of celebrities delving into lucrative wellness business with products that ‘help find inner peace’
Once nicknamed “the tank” for her ability to guzzle champagne, the original 90s It model Kate Moss has swapped partying for dawn meditation and night-time tisanes.
On Thursday, Moss has launched her own wellness brand, Cosmoss, featuring six products including vegan skincare and mood-boosting teas, ranging from £20 for a canister of Dawn Tea to £120 for a Sacred Mist fragrance. “A story of reconnection from soul to surface. There is a magic to Cosmoss and I can’t wait for you all to uncover it, just as I did,” reads a statement in a press release.
Continue reading...British prime minister-in-waiting Liz Truss is said to want to appear in the fashion glossy, but she should be careful what she wishes for
Liz Truss, heavily tipped to be the next leader of the Conservative party, would like to get into Vogue. We know this because she asked the Scottish first minister, Nicola Sturgeon, how to go about it at the Cop26 climate conference last November. Sturgeon said Truss “looked a little bit as if she’d swallowed a wasp” when she told her she had made its pages twice.
“This is going to sound really up myself but I don’t mean to … I’d just been interviewed by Vogue, as you do … that was the main thing she wanted to talk to me about – she wanted to know how she could get into Vogue”, Sturgeon told an Edinburgh fringe event last week.
Continue reading...When Francia Márquez became the South American country’s VP elect, she chose the unknown Esteban Sinisterra Paz to create her outfits
Esteban Sinisterra Paz, a 23-year-old fashion designer from Colombia’s conflict-ridden and impoverished Pacific region, had not long started his career when he received a call from a history-making client.
Francia Márquez – the renowned environmental activist and Colombia’s first black female vice-president-elect – was on the line, and she wanted two outfits made.
Continue reading...Lola handbag range and signature trenchcoat give luxury fashion retailer boost elsewhere
Burberry has reported sales growth of only 1% in its latest financial quarter because of the impact of Covid-19 lockdowns in China, while sales were boosted elsewhere by its Lola handbag range and signature trenchcoat.
The luxury fashion retailer said sales fell 35% in mainland China because of restrictions and store closures to contain the latest outbreak of the coronavirus, while sales grew 16% across the rest of the world in the 13 weeks to 2 July.
Continue reading...Processing of unwanted items has become increasing problem for retailers since Covid online boom
The fast fashion website Boohoo has become the latest online retailer to start charging shoppers to return items.
Boohoo customers will now have to pay £1.99 when they send unwanted goods back, and the cost will be deducted from the amount they are refunded.
Continue reading...Dior reportedly demands €100,000 compensation from Valentino after Spanish Steps show ‘hampered’ access to store
A row has broken out in the world of high fashion after the French house Dior demanded compensation from Italian rival Valentino for allegedly blocking access to a Dior boutique during a show on the Spanish Steps in Rome, according to a claim by fashion website Women’s Wear Daily.
Valentino positioned its audience of fashion editors, photographers and celebrities – among them Naomi Campbell, Kate Hudson and Anne Hathaway – at the foot of the 18th-century travertine staircase in Piazza di Spagna. The Dior shop on Via Condotti looks on to the piazza.
Continue reading...Black Widow actor rails at ‘how easy it is for men to totally destroy a woman’s body, publicly, proudly, for everyone to see’
Florence Pugh has hit back at “vulgar” social media users who criticised her body, after she posted photographs of herself wearing a sheer dress at a fashion show.
“What happened to you to be so content on being so loudly upset by the size of my boobs and body?” said Pugh in an Instagram post on Sunday to her 7.4 million followers.
Continue reading...Galleries will showcase designers who are often overlooked, in an effort to acknowledge colonial histories within the museum
The Victoria and Albert Museum will open its first African fashion exhibition this week, more than 170 years after it was founded.
Featuring designers who have worked with names including Beyoncé and architect David Adjaye, Africa Fashion aims to look across the fashion of the continent, exhibiting designs, photographs and films from 25 of the 54 countries.
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