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 London College of Fashion alumna who addresses fashion’s relationship to sustainability and social good through her work was one among 11 finalists who presented their collections and plans to the competition’s panel. Past winners include Wales Bonner, Milly Goddard, Sophia Webster and Christopher Kane. She will receive mentoring and a cash prize of £200,000 to grow her business.
“The judging panel was particularly impressed by Bethany’s exceptional talent for using recycled deadstock and organic materials made in the UK and her ways of collaborating with communities and charities, aiming to shape the industry towards thinking more ethically,” said Caroline Rush CBE, chief executive of the British Fashion Council.
Last year, because of the Covid-19 crisis, it was decided that the 2020 prize money would be split between the six shortlisted brands, which were Alighieri, Charles Jeffery Loverboy, David Koma, Halpern, Métier and Rejina Pyo.
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.