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.
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In retrospect, Francesco Risso’s January 2020 menswear show for Marni seems prophetic. The collection took inspiration from Edgar Allen Poe’s “The Masque of the Red Death,” which tells a story of plague and societal excess. These themes continue to resonate with the designer after 16 months living with the pandemic.
On this week’s episode of the BoF Podcast, Risso tells BoF’s editor-at-large Tim Blanks why fashion’s habits of over-production and lavish runways are now “redundant” and where he believes the industry should go from here.
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The End of the (Fashion) World as We Know It
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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.