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.
The South African designer and 2019 LVMH Prize winner will be the Alber Elbaz-founded brand’s first “Amigo,” part of a new initiative that will rotate visiting talent to design products.
The Amigos system is based on Elbaz’s original vision for AZ Factory to serve as a “collective laboratory and factory,” the brand said in a statement.
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…and the fashion industry said goodbye with a 45-designer salute and a major tycoon turnout, writes Tim Blanks.
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.
The sharp fall in the yen, combined with a number of premium brands not adjusting their prices to reflect the change, has created a rare opportunity to grab luxe goods at a discount.