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 label — named 13 09 SR after Ruffieux’s birth date and initials — will debut with a collection of shoes and sunglasses at Paris fashion week in October, Ruffieux said in an Instagram post.
Ruffieux previously served as creative director at Carven for a brief three season stint, which ended in November 2018, after the French fashion label was acquired by China’s Icicle Fashion Group. Prior to joining Carven in 2017, he was interim co-artistic director of Dior’s womenswear collections with Lucie Meier.
The designer co-founded his new brand with journalist Emilie Faure, who exited French newspaper Le Figaro in February.
13 09 SR will focus on responsible fashion, with the accessories made from recycled or ecological materials, the company said in a press release. The shoes and sunglasses will be made in Italy.
Fast-growing start-ups like Hettas, Saysh and Moolah Kicks created sneakers designed specifically for active women. The sportswear giants are watching closely.
The companies agreed to cap credit-card swipe fees in one of the most significant antitrust settlements ever, following a legal fight that spanned almost two decades.
In an era of austerity on Wall Street, apparel businesses are more likely to be valued on their profits rather than sales, which usually means lower payouts for founders and investors. That is, if they can find a buyer in the first place.
The fast fashion giant occupies a shrinking middle ground between Shein and Zara. New CEO Daniel Ervér can lay out the path forward when the company reports quarterly results this week.