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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Even though he’s worked with Raf Simons at Calvin Klein and runs his own brand, SR. STUDIO. LA. CA., Sterling Ruby is perhaps still known primarily for his art: multidisciplinary work that often deals in dripping urethane sculptures, illusory canvases, and handmade ceramics. But on the heels of his Paris haute couture presentation in February over zoom, Ruby is becoming a force in the industry. So much so, that editor at large Tim Blanks asks him whether he would like to become a certifiable “fashion tycoon” in the near future.
On the latest edition of the BoF podcast, Blanks sits down with Ruby to talk about fashion, Ruby’s future, and the blurred boundaries between his art and his clothes.
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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.
As the French luxury group attempts to get back on track, investors, former insiders and industry observers say the group needs a far more drastic overhaul than it has planned, reports Bloomberg.
After growing the brand’s annual sales to nearly €2.5 billion, the star designer has been locked in a thorny contract negotiation with owner LVMH that could lead to his exit, sources say. BoF breaks down what Slimane brought to Celine and what his departure could mean.