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 Haute Couture week announced the season’s line-up of guest designers Wednesday. Notable additions for the edition running January 25 to 28 include AZ Factory, the Richemont-backed venture started by former Lanvin designer Alber Elbaz, and the artist Sterling Ruby, a frequent collaborator of Raf Simons who launched his own ready-to-wear line at Pitti Uomo last year.
Charles de Vilmorin, a recent graduate of Paris’s Chambre Syndicale fashion school, will also present.
A spokesperson for Paris Fashion Week’s FHCM organising body said it was too soon to say whether the couture week would include physical events, or strictly online activations.
The guidance was issued as the French group released first-quarter sales that confirmed forecasts for a slowdown. Weak demand in China and poor performance at flagship Gucci are weighing on the group.
Consumers face less, not more, choice if handbag brands can't scale up to compete with LVMH, argues Andrea Felsted.
As the French luxury group attempts to get back on track, investors, former insiders and industry observers say the group needs a far more drastic overhaul than it has planned, reports Bloomberg.
After growing the brand’s annual sales to nearly €2.5 billion, the star designer has been locked in a thorny contract negotiation with owner LVMH that could lead to his exit, sources say. BoF breaks down what Slimane brought to Celine and what his departure could mean.