Armani Open to More Than One Investor for Sale of 15% stake, CEO Says
The comments by chief executive Giuseppe Marsocci come as the brand reportedly considers the possibility of LVMH, L’Oreal and EssilorLuxottica sharing the stake.
fashion-shows
Fashion Week
Tim Blanks’ Top Fashion Shows of All-Time: Versace, Haute Couture Autumn 1997
On July 6, 1997, Gianni Versace showed his new Haute Couture collection at the Ritz in Paris. Nine days later, he was shot dead. The tragic irony was that, even without the events of a week later, Versace’s show felt significant, like we were seeing a bold new direction in the career of a designer who had already reshaped fashion in the 90s.
Fashion Week
How Sunnei Bucked the Fashion System
Now, there are great expectations for Milan based designers Simone Rizzo and Loris Messina, finds Tim Blanks.
Luxury
Where Does Burberry Go From Here?
This week, everyone will be talking about Burberry's first financial results since the lockdowns and the first major live fashion show in months. Get your BoF Professional Cheat Sheet.
Fashion Week
Hellfire and Humility: How the Pandemic Changed Rick Owens
‘I love a bombastic show, but do I really want to be that guy forever?’ Rick Owens talks to Tim Blanks about Men’s Spring/Summer 2021, recontextualizing the past, the subtlety of craft and distilling runway excess for the everyday.
Fashion Week
Tim Blanks’ Top Fashion Shows of All-Time: Dries Van Noten, Spring/Summer 2005
The Belgian designer’s golden anniversary outing underscored the ineffable balance of emotion, intelligence and extravagance that distinguishes his shows.
Fashion Week
Tim Blanks’ Top Fashion Shows of All-Time: Yves Saint Laurent, Haute Couture Spring 1988
BoF’s Editor-at-Large revisits his top fashion shows of all time, starting with the first Paris presentation he ever covered, back in the go-go Eighties.
Fashion Week
The Death of Fashion Shows? Not So Fast.
‘I come to praise shows, not to bury them,’ writes Tim Blanks as he kicks off a journey through his top fashion shows of all-time.
Luxury
Why Chanel Doesn’t Want to Change the Fashion System
The French luxury titan is doubling down on six shows per year and the Cruise extravaganzas pioneered by Karl Lagerfeld. Chanel’s Bruno Pavlovsky lays out the logic to Tim Blanks.
Marketing
Instagram Hustles to Become Global Hub for Digital Fashion Shows
The platform’s fashion team, led by Vice President of Fashion Partnerships Eva Chen, released a guide for presenting collections digitally as brands grapple with how to translate the runway online. Will it give Instagram a leg up against hungry competitors?
Luxury
A.P.C.’s Jean Touitou: ‘I’m Ready for a War’
The French designer talks to Tim Blanks about how he’s navigating the crisis and why the coronavirus can’t kill fashion.
Fashion Week
Missoni's Linear Precision
It’s a testament to the Missoni magic that, after all these decades, its design signature is so adaptable.
Fashion Week
We Need to Rethink Fashion Month Altogether
Uncontrollable forces made the fashion industry shift the way it operates this past month, offering a moment to contemplate some bold changes.
The News in Brief
Edward Buchanan Opens New Creative Hub in Milan
A new space called The Situation will host exhibitions and residencies and provide resources to Black, queer and other under-represented creatives.
L’Oréal Joins Forces With Nykaa to Invest in Indian Beauty Brands
BOLD, the French conglomerate’s venture capital fund, will collaborate with retailer Nykaa to invest in the next generation of Indian beauty brands.
Private Equity Firm Inflexion Invests in Manucurist
The European investor, which previously backed Medik8, has taken a 49 percent stake in the premium French nail line.
H&M Profit Rises on Tariff Refunds as Sales Remain Sluggish
US tariff refunds drove an increase operating profit, even as the fast-fashion retailer has struggled to deliver consistent sales growth.
Arnault Clan to Change LVMH Holding Structure to Ensure Control
Under the plan, the world’s biggest luxury group will be controlled by one entity, Agache SCA, after Christian Dior SE, one of the current holding companies of LVMH, is delisted.
JD Sports Says Nike Turnaround Is Only a Matter of Time
Dominic Platt, chief financial officer of the British sportswear retailer, told Reuters, ‘Much as there's a lot of talk about Nike, it's still the most popular brand out there and it's still a very strong brand.’
Chanel Plans to Keep Investing in China Despite Demand Downturn
CEO Leena Nair pointed to the brand’s recent renovation of its Plaza 66 boutique in Shanghai, calling China ‘a market where the clients understand sophistication, refinement.’