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 K-pop boy band sensation and global ambassadors for Louis Vuitton will appear at the luxury house’s men’s Autumn/Winter 2021 show in Seoul on July 7, both parties announced this week.
The group’s official Twitter account shared a teaser video and reminded fans to tune in for the runway show, a re-show of Virgil Abloh’s latest collection for the brand that made its debut in Paris last month.
BTS also star in a fashion film directed by Jeon Go-woon and Park Sye-yeong, which the brand also revealed on July 7.
Korea’s luxury sector has been insulated from the pandemic: high-end leather goods, jewellery and watches made $12.5 billion in sales in the country last year, roughly in line with 2019, according to Euromonitor International. The country, having risen in the ranks, is now the world’s seventh biggest luxury market.
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.
Fashion’s presence at Milan Design Week grew even bigger this year. Savvy activations by brands including Hermès, Gucci, Bottega Veneta, Loewe and Prada showed how Salone has become a ‘critical petri dish for dalliances between design and fashion,’ Dan Thawley reports.
The Hood By Air co-founder’s ready-to-wear capsule for the Paris-based perfume and fashion house will be timed to coincide with the Met Gala in New York.