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 luxury brand’s take on one of Nike’s most iconic styles hit the runway as part of Virgil Abloh’s Spring 2022 Men’s collection.
The move represents a fusion of Abloh’s ongoing partnerships and creative roles. It also adds yet another streetwear crossover to the luxury giant’s arsenal since its Supreme collaboration and two collections launched with Nigo of The Bathing Ape fame. Abloh’s Air Force 1s feature the Louis Vuitton monogram, a neon green tag and words like “Air” with Abloh’s signature quotation marks often used in his designs for Off White.
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.