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.
In February of 2004, writing about London Fashion Week in the Guardian newspaper,
declared: "It's that old London fashion week conundrum all over again — wondering what's the point, and failing to find an answer." A month earlier, Porter said that London Fashion Week was in
[ crisis mode ]
.
Looking back, it's easy to understand Porter's lack of optimism. That February, London hosted 40 shows in a 5-day schedule. This was a decline from 50 shows in September of 2003. Style.com only reviewed 13 of the on-schedule shows in London, or about 33 percent. As a proxy for quality, this ratio did not bode well for London's position amongst the major fashion capitals. Major editors were in short supply and international buyers were few and far between at the lacklustre event.
What a difference five years makes. It felt like three times as much activity was packed in to the same five day period during this London Fashion Week. With more than 75 on-schedule shows and presentations at Somerset House and other locations, more than 50 off-schedule designers showing at Fashion Scout and On|Off, plus a full day of menswear and even more events each evening, this was a jam-packed London Fashion Week to remember.
Which brings us to the week's undisputed climax on Tuesday night, when Burberry invited 1500 guests to a spectacular evening of events unlike any other to ever hit London Fashion Week. Christopher Bailey's masterful collection was beautifully presented by the world's top models in an elegant tent with plush white carpet. This was the show that brought in all the major powerplayers of global fashion to London. The international A-list was represented by Indian actress Freida Pinto, Chinese actress Maggie Cheung and American actress Liv Tyler. 'Big' editors and important buyers were also out in full force. In short, Burberry brought the kind of fashion frisson to London that is usually reserved for Marc Jacobs in New York, Louis Vuitton in Paris, and Prada in Milan.
Afterwards, at the jam-packed Burberry afterparty, Carine Roitfeld hung out with Christopher Bailey in a blogger bar cum VIP room while the Kooks played a live set to more than one thousand revelers gathered in the cafeteria at the new global headquarters of Britain's largest luxury brand. But the question on everyone's lips as the week came to a close was whether the London show was a one-off move for Burberry just this season, or the beginning of a new strategy to show in London on a longer-term basis.
Nonetheless, if the response from London's financial markets is any indication, Burberry's fortunes are looking up either way. Following Tuesday's sparkling show and CEO Angela Ahrendts' comments that the UK business is "on fire," the company's stock price has risen more than five percent, closing at 500.50 pence in Thursday's trading on the London Stock Exchange, where Burberry was also recently admitted to the elite circle of FTSE 100 companies.
Susie Lau reports from London, from Erdem Moralıoğlu’s deft mining of Chatsworth to Daniel Lee’s sophomore outing for Burberry.
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As London Fashion Week kicks off, BoF founder and editor-in-chief Imran Amed sits down with four London-based creative talents to explore how the city’s rich creative scene stems from its unique cultural diversity and the sense of community and collaboration this provides.