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.
Two members of the institute’s advisory board have resigned after notable Toronto socialite Suzanne Rogers posted a photo with the former US President on Instagram. The photo showed Trump and the Rogers family — including her husband Edward Rogers, chairman of Rogers Communications and the Toronto Blue Jays — with the caption “A special way to end the night!” Online critics have pointed out that Trump’s values oppose those of the fashion industry, including diversity and inclusion.
A since-deleted statement on Ryerson’s fashion school’s Instagram page decried the photo, and called for Rogers to have a dialogue with faculty, staff and students to understand the negative impact that Trump has had on members of the fashion industry. Rogers has since issued a statement of her own on Instagram stating that she had no relationship with Trump prior to her meeting him that night. “No political statement on any policy was intended by the photograph,” she wrote.
Rogers has been referred to as the “fairy godmother” of Canadian fashion, endowing Ryerson’s Fashion Institute and funding Canadian designers like Greta Constantine and Sid Neigum.
Joan Kennedy is Editorial Associate at The Business of Fashion. She is based in New York and covers beauty and marketing.
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.
The group’s flagship Prada brand grew more slowly but remained resilient in the face of a sector-wide slowdown, with retail sales up 7 percent.
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.