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.
A large-scale site-specific installation by artist Doug Aitken will serve as the venue for Saint Laurent’s menswear show in Venice, the Kering-owned brand said in a statement.
The work commissioned by the brand’s creative director Anthony Vaccarello will be accessible to the public from the July 14 show through the end of the month, presented as part of the Venice Biennale of Architecture.
Under Vaccarello, Saint Laurent has used destination shows to highlight its menswear outings, including events in New York City and Malibu Beach.
Venice will also serve as the backdrop to Valentino’s haute couture show by Pierpaolo Piccioli in July. Designer Rick Owens, too, has been showing his collections in the city’s Lido island in recent seasons.
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.
Consumers face less, not more, choice if handbag brands can't scale up to compete with LVMH, argues Andrea Felsted.