The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
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The timing of Alber Elbaz’s return to fashion is apt. After a five-year hiatus following his departure from Lanvin in 2015, the designer debuted his new venture AZ Factory this week. The philosophy underpinning the label, a partnership with Richemont, is to tackle fashion’s challenges of excess, irrelevance and exclusivity with technology, focus and innovation.
In the latest episode of The BoF Podcast, editor-in-chief Imran Amed and Elbaz discuss how the designer fell back in love with fashion why it is necessary to slow the pace of the industry.
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Watch and listen to more #BoFLIVE conversations here. To contact The Business of Fashion with comments, questions or speaker ideas please e-mail podcast@businessoffashion.com.
The luxury goods maker is seeking pricing harmonisation across the globe, and adjusts prices in different markets to ensure that the company is”fair to all [its] clients everywhere,” CEO Leena Nair said.
Hermes saw Chinese buyers snap up its luxury products as the Kelly bag maker showed its resilience amid a broader slowdown in demand for the sector.
The group’s flagship Prada brand grew more slowly but remained resilient in the face of a sector-wide slowdown, with retail sales up 7 percent.
The guidance was issued as the French group released first-quarter sales that confirmed forecasts for a slowdown. Weak demand in China and poor performance at flagship Gucci are weighing on the group.