Earlier this week Hermès’ womenswear designer Christophe Lemaire announced his impending exit from the ultra-luxe label to focus on his namesake collection.
This news, coming just days after the company undershot expectations in its latest quarterly performance, got me thinking about the rapidly evolving status quo forming for one of the star brands in the luxury galaxy. Read more
After months of hype and incessant drum-rolling, the recipient of the inaugural LVMH Young Designer Prize was announced in Paris today – and rather refreshingly, its not who I would have expected.
The winner? Canadian-born, London-based Thomas Tait.
Who, I hear you ask?
Well you’ll certainly be hearing more from him from now on, after some of the fashion world’s biggest names decided he was the worthiest young designer out of an incredibly strong shortlist of a dozen international names and some very stiff wider competition. Read more
And so that extended and amorphous season known as “Cruise” or “Pre-fall” – you know, the clothes that go on sale in late October/November, and hang around until February, and thus constitute the bulk of a brand’s winter revenues — has semi-officially kicked off. Last night the Dior juggernaut came to Brooklyn for a show in the Navy Yards before a few thousand retailers, press and clients. Mostly clients. Which makes sense, right? They’re the buyers. Shouldn’t they see it first? Direct communication (direct sales?) ahoy! Read more
So after a season of “team”, beleaguered Jil Sander has a new creative director: Rodolfo Paglialunga. Who? Cast your mind back, and you may remember him as the guy who briefly made the revived Vionnet kinda-sorta interesting in its first seasons back in the public eye, between 2009-2011. Celebs from Madonna (left, in his Vionnet) to Hillary Swank and Diane Kruger wore the dresses, and it was on the verge of hot-ness. Then something happened (who knows what?) and Mr Paglialunga was out. Vionnet, which was later sold to Goga Ashkanazi, has yet to really get back on the rails. But given his success with the brand, does this (short) track record bode well for Sander? Read more
And this is how a fashion rumour gets started: A few days ago Page Six, the New York Post’s gossip column, ran an item saying John Galliano was no longer being considered as a possible creative director at Oscar de la Renta (pictures above, with former NY Mayor Bloomberg; and if you ask me, given their joint experiment in the design studio a few seasons ago is a good thing; their aesthetics did not mesh), and as a result de la Renta was looking for a replacement. Now the Telegraph in London has picked the rumour up, and the Business of Fashion website has picked up their story, and soon it will be gospel. But it is actually true? According to a source in the inner circle of the brand: No – at least not officially. Read more
So Alexander Wang, left, is the latest runway designer to team up with H&M in their high/low limited-edition strategy for creating buzz and best-sellers. He’ll be the first American to get the gig. The news was announced yesterday by Mr Wang via Instagram, which was seen as very cool, while at Coachella, which is even more cool. The message being, of course, that he is just cool, and this project is going to be super-cool. Except it always seems to me the appeal of the H&M collaborations was they took names that weren’t cool – they were haute, and generally unreachable – and it was the combination of unlikely bedfellows (the high street and the high fashion) that was actually the cool part. This one seems to indicate a slight switch in strategy. Read more
The news that PVH has bought an undisclosed minority stake in Karl Lagerfeld’s namesake brand (otherwise owned by Apax), thus allowing them first dibs on the brand’s entry in North America, has got all my something-is-happening sensors twitching. Seems to me they are sneaking up on dominance of a market segment. Read more
All the kvelling and anticipation, all the oh-my-god-wait-for-it-game-changer rumours that have had both the tech and fashion worlds on the edges of their respective metaphoric seats since last summer, when Apple started poaching luxury executives supposedly with an eye toward developing an iWatch – well, it turns out that has all been something of a sleight of hand: while we were staring in one direction, and competitors were rushing THEIR smartwatch to market, the folks in the super-secretive headquarters on the West Coast had other things up their sleeves. In fact, forget the iWatch entirely. Think iWear. Read more
The general reaction from most laypersons upon seeing a Comme des Garcons show (left) can be boiled down to a single word: “huh?” Or maybe three: “What was that?” Or four: “I don’t get it.” You can kind of understand it, when designer Rei Kawakubo says things like “I was trying not to make clothes,” and it was about “monsters.” And yet Comme des Garcons is a very healthy, $200m business. So how do they get from the extremity of what’s on the catwalk to this commercial reality? Read more
Because today is Dries Van Noten’s show, the first biggie of Paris Fashion Week, and given the interest in his Lunch with the FT last Saturday, following are some out-takes from our interview: moments that did not make it into the final draft because of space or continuity, but that illuminate something about the man, or the industry. They’re not quite as funny as Adam Sandler out-takes, but they’re very revealing. Read more