Ready-to-wear

Much joy and rapture and relief greeted new Mayor Bill de Blasio’s statement to the fashion world at the end of last week that “The fashion industry…is part of how we will build a more unified city and a city where everyone has opportunities,” and the statement by an aide that de Blasio’s wife, Chirlane McCray would “definitely be out and about” at New York Fashion Week. He got it! He knew how important fashion was, as an industry, to the health of the city! He was sending his wife to shows! Except, as far as I can tell, she never – well, showed. Read more

Today may be the day the big names – Marc Jacobs, Ralph Lauren, Calvin Klein – come out to play in New York, but in Paris it’s all about the new ones. The shortlist for the LVMH Young Designer’s Prize, which was launched last November by Delphine Arnault, has just been unveiled, creating much buzzing amid the fashion crowd. It includes most of the hot names in New York and London, many of which have also been finalists for the Vogue Fashion fund competitions in both countries, or the Dorchester prize, or sponsored by Giorgio Armani. And I wonder: is the competition greater among the baby brands vying for the awards, or among the mega brands bestowing them? I tend to think the answer may actually be the latter. I saw her first! No, I did! Read more

I know this is heresy of a sort, but sitting in the opening shows of New York Fashion Week, a thought keeps niggling away at the back of my mind: maybe being marketed by Mrs O (because, let’s face it, when she wears your dress it’s free global marketing on an unprecedented scale), is NOT helpful. Maybe, in fact, it creates expectations some designers are simply not ready to bear. Before you rant and rave, hear me out. Read more

It was probably inevitable after the rise of the multi-thousand-square-foot shoe department (Macy’s: 63,000 square feet; Selfridge’s, 35,000 sq ft). After all, you need something to fill that space. You need stars. And the way star are made, in fashion at least, is during fashion shows. Enter the shoe show. Once a specialty of Milan alone, this season it has gone global. New York fashion week is full of them. Read more

It’s time to call a spade a spade. Or a tulip skirt a skirt. Or something. As New York fashion week kicks off fashion month today (joy! rapture!) I think it’s about time we face up to certain realities of the form that, for whatever reason, we have seemed unwilling to acknowledge in the past. Starting with Fact #1: designers never want to show in a shared venue. Read more

What’s the point of fashion week – or maybe more pertinently, are we missing it? I was wondering this last week at couture, as I complained about the lack of daywear and subtlety, and got told off by a young stylist, who said, simply, “Isn’t it all about the red carpet?” Maybe so, given that a Valentino dress just showed up on the Grammy red carpet on Katy Perry (left). Which got me to thinking: maybe the reason we complain so much about fashion weeks is because what we (critics, consumers, viewers) think they are for, and what brands and designers think they are for, are no longer the same thing. Reality doesn’t meet our expectations, because reality is trying to meet different expectations. Adjust the expectations, and you may change your reaction too. As the ready-to-wear shows loom (they start in NYC a week from Wednesday) I think maybe it’s time to try to pin this down. Read more

So the rumours were true, and Stacey Cartwright, the ex-Burberry CFO who left that brand last February, has landed at Harvey Nichols as CEO. She’ll start next month. Goody. After all, Ms Cartwright’s appointment underscores two important trends in the fashion industry: first, the action in the department store world, where the fight for consumer attention and wallets is escalating to new heights; and second, the rise of the female executive in a world that, ironically, has long been run by men. Read more

As this is my last post of the year I thought I’d leave you with a few ideas about the five main thing I’m going to be watching in 2014, and where the action might be (aside from the already well-documented worlds of M&A and IPOs), from store wars to legal battles, consumer behaviour and designers that will make the difference. Read on! Read more

So marketing megalith IMG has just been sold to private equity firm Silver Lake Partners and talent agency William Morris Endeavor for more than $2.3 billion – which means, as those of us who follow these sorts of thing know, that assorted fashion weeks from New York to London, Berlin, Tokyo, Moscow, Miami, Toronto and Sydney have just also been sold, IMG owning the rights to those events (among others). Which has interesting implications for the debate currently raging in fashion about the purpose of fashion weeks itself: namely, are they for the trade (for buying and selling clothes) or, as fashion becomes more and more a part of pop culture and a driver of social media, are they entertainment for the public and marketing for the brands? Read more

Much celebrating (and some amazement) about the stellar stock market debut of Moncler yesterday, with some analysts attributing the excitement over buying into the brand to the idea it could be “ the next Burberry”. But is that true, or wildly optimistic? I can see where they are coming from, but am not necessarily convinced. Read more