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.
After more than two hours of delays due to heavy, persistent rain that forced more than a hundred guests to wait it out under umbrellas and nearby tents, designer Kerby Jean-Raymond announced he would reschedule his runway show that was meant to close out Paris Couture Week.
Jean-Raymond was a guest designer on the schedule, and chose to host the show at Villa Lewaro, a mansion built in 1917 in Irvington, New York for the Black beauty entrepreneur Madam C.J. Walker, considered the country’s first female self-made millionaire. About an hour outside Manhattan, guests arrived by a fleet of buses and cars. The rain started around the expected show start time and never cleared up enough for the team to restart the show, which was due to take place outside with a musical performance. The audience, which included a mix of fashion industry folks and friends of the brand passed the time at a BBQ cookout and open bar.
“This energy ain’t it,” the designer wrote on Instagram. “I have a better idea.” He said the brand would make a portion of the audience open to the public.
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.