Prada CEO: “We don’t want to be a brand that nobody wants to copy.” This is a quote from an interview Patrizio Bertelli, aka Mr Prada, gave yesterday to Bloomberg TV, and it is probably going to set off something of a hoo-ha in fashion, which has of late become very publicly litiginous when it comes to copying. Read more
“2% of the population under 30, and 2% of the population under 40 are millionaires who are not being catered to by the men’s knitwear market,” So said Jean-Victor Meyers to me yesterday, explaining his new men’s cashmere business, which aims to change all that. Read more
Today Burberry’s new aviator-style eyewear collection is out — as well as a new song and video from UK band One Night Only. Coincidence? Not likely. The song and video was commissioned by the fashion brand, is available first on Burberry’s facebook page and then iTunes, and features front man George Craig modelling — you guessed it! — Burberry eyewear. Could this be the first step down a slippery slope that will lead to fashion moving in to more formal production roles? Read more
It never rains but it pours, and so on. In those terms, this month the fashion world is experiencing a deluge. After the departures of Stefano Pilati and Raf Simons from YSL and Jil Sander respectively, and the expected departure of Derek Lam from Tods at September and the end of his contract, come two more announcements: Lucy Yeomans is leaving as editor in chief of Harper’s Bazaar UK and Amanda Brooks has left as fashion director of Barneys New York. This is, as they say, a moment of change.
Hedi Slimane, pictured in 2007. Getty Images.
So the expected has come to pass and today Yves Saint Laurent announced the appointment of Hedi Slimane as overall creative director of the house. This one has been a long time coming.
Mr Slimane was the much-feted men’s wear designer at YSL from 1996-2000 (even Mr Saint Laurent thought he was terrific). He left after Tom Ford bought the brand for Gucci Group, and became the widely-praised designer of Dior Homme, departing over contract issues in 2007. During his tenure not only Bernard Arnault, LVMH chieftain, but pretty much every other LVMH executive wore his suits. Chanel’s Karl Lagerfeld liked them so much, they inspired his dramatic 100lb weight loss in 2001 (in his diet book he wrote “I suddenly wanted to dress differently, to wear clothes designed by Hedi Slimane”).
Since leaving fashion, Mr Slimane has had a very successful career in photography, has been living in Los Angeles, and has been the subject of perennial suggestions that YSL get him back.
Satisfaction! Read more
The freezing winter winds are now upon us, which means fashion’s spring/summer ad campaigns are about to launch, and the excited sneak peek emails have been coming thick and fast. The most recent comes from the house of Dior, who have signed Mila Kunis, the 28 year old actress from Black Swan, as their new “face.” Here’s my first reaction (and I liked her as an actress): groan.
OK, John Galliano made her actual wedding dress, which was pretty, but also pretty unsurprising (inspired by the beautiful and damned Zelda Fitzgerald, who was also the theme of Kate Moss’s famous 30th birthday celebration). But – and this a big But — Stella McCartney made six – count ‘em! – dresses for the Kate Moss wedding extravaganza that began yesterday and is continuing through the weekend. Now, who do you think is going to get the most press pictures sent round the world, and thus the most profits?
I was struck this morning by the news that Ron Johnson, head of retail at Apple, is becoming CEO of JC Penney. He’s the third fashion CEO I’ve heard of that got his start at Apple, and learned according to The Book of Jobs. Think that’s a coincidence? I don’t.
This morning PPR revealed YSL CEO Valerie Hermann was leaving the company, but would not say where she was going. Well, this afternoon, the answer was revealed: Reed Krakoff. Read more
Along with their 2010 results today Gucci Group announced some big changes – starting with the fact there is no Gucci Group any more. Now there is the “luxury division” of PPR. So: new look/new logo, or something more significant?
Well, along with the name change, come corporate changes: all the GG – oops, no, can’t say that – the LD (?) CEOs will report directly to PPR chieftain Francois-Henri Pinault, and the former CEO of GG, Robert Polet, who just last year moved from London to Switzerland for the Group (starting gossip on the street about all this), will move on yet again, this time to the fabled “new challenges.” Read more