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 Italian luxury label’s initiatives include the development of paid internship, mentorship and scholarship programmes, as well as a gender equality educational module. The Prada Group’s scholarships will provide full tuition, and room and board to the Fashion Institute of Technology (FIT) for one top-performing student of colour from the US and one top-performing female student from Ghana or Kenya. Launched in partnership with the United Nations’ sexual and reproductive health agency, Prada’s fashion and design-based educational module will focus on empowering women socially and economically in Ghana and Kenya.
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.
Revenues fell on a reported basis, confirming sector-wide fears that luxury demand would continue to slow.
IWC’s chief executive says it will keep leaning into its environmental message. But the watchmaker has scrapped a flagship sustainability report, and sustainability was less of a focus overall at this year’s Watches and Wonders Geneva.