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.
To subscribe to the BoF Podcast, please follow this link.
Alber Elbaz, who died aged 59 of Covid-19 over the weekend, was a revered and beloved figure in the fashion industry. The designer, famed for revitalising the fortunes of Lanvin before a dispute with his owner led to his abrupt departure, had just returned to fashion after a five-year hiatus.
He debuted his new venture, AZ Factory, during Paris Couture Week in January. The joint venture with Richemont was designed to reflect a better model for the fashion system, the pressures and strains of which Elbaz knew all too well.
In a heartfelt, funny, thoughtful and poignant address at BoF VOICES in November 2018, Elbaz shared a mix of personal anecdotes, observations and lessons for the fashion industry:
ADVERTISEMENT
Related Articles:
Inside Alber Elbaz’s Return to Fashion
Inside the Mind of Alber Elbaz
Alber Elbaz on Making His Return to Fashion
Join BoF Professional for the analysis and advice you need. Get 30 days for just $1 or explore group subscriptions for your business.
The designer has always been an arch perfectionist, a quality that has been central to his success but which clashes with the demands on creative directors today, writes Imran Amed.
This week, Prada and Miu Miu reported strong sales as LVMH slowed and Kering retreated sharply. In fashion’s so-called “quiet luxury” moment, consumers may care less about whether products have logos and more about what those logos stand for.
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.