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.
PARIS, France — French fashion house Jean Paul Gaultier said on Wednesday it would name a new designer for each of its seasonal haute couture collections after its founding designer bade farewell to catwalks in January.
The fashion label said that Japanese designer Chitose Abe, founder of the Sacai brand, would be the first designer to take part in the new concept.
"[Chitose Abe] will present the next haute couture collection in July 2020," Jean Paul Gaultier house said in a statement.
"The idea of different designers interpreting one haute couture brand came to me in the nineties", Jean-Paul Gaultier also said.
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Jean Paul Gaultier brand is owned by Spanish company Puig.
By Sarah White and Matthieu Protard; editors: Louise Heavens
This week, more luxury brands will report first-quarter results, offering clues as to how broad and how deep the downturn is going to get.
Fashion brands are edging in on the world’s largest gathering of design professionals and their wealthy clients, but design companies still dominate the sector, which is ripe for further consolidation, reports Imran Amed.
Blocking the deal would set a new precedent for fashion M&A in the US and leave Capri Holdings in a precarious position as it attempts to turn around its Michael Kors brand.
After preserving his fashion empire’s independence for decades, the 89 year-old designer is taking a more open stance to M&A.