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 brand will be the second fashion brand on the invite-only, audio-based app, joining British label Ted Baker. Versace’s Clubhouse debut comes as part of its new female empowerment discussion series, “Medusa Power Talks,” which will feature speakers like Precious Lee, Indya Moore, Irina Shayk, Chelsea Miller and Donatella Versace and premiere on Versace’s social media channels.
Clubhouse has grown swiftly following its beta launch last year. Though it has not previously allowed brands to officially join, fashion tastemakers and influencers (among them Virgil Abloh, Dapper Dan and Naomi Campbell) have already made their presence known in various discussion rooms on the platform.
The designer has always been an arch perfectionist, a quality that has been central to his success but which clashes with the demands on creative directors today, writes Imran Amed.
This week, Prada and Miu Miu reported strong sales as LVMH slowed and Kering retreated sharply. In fashion’s so-called “quiet luxury” moment, consumers may care less about whether products have logos and more about what those logos stand for.
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.