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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After years of build up, from its origins in cultural movements like New York’s hip-hop scene and LA’s skating community to early commercialisation in the early 2000s from brands like Fubu and Stüssy and Japanese designers Nigo and Hiroshi Fujiwara, by the late 2010s, streetwear found itself at the centre of luxury fashion. The breaking point came in 2018, when, after success at his label Off-White, Virgil Abloh was named creative director of Louis Vuitton.
But lately, streetwear institutions like Bape and Stüssy have been losing heat — and luxury brands are pivoting away from streetwear staples like hoodies and sneakers.
“Streetwear brands are more commercial and less connected to the actual street culture where they found their roots,” said BoF editorial associate Daniel-Yaw Miller.
Tamburini, who is joining the brand from Kering’s Bottega Veneta, will show his first collection during the next Milan womenswear week in February.
The luxury e-tailer could be the latest e-commerce firm to go private amid its worst year as a public company. But Farfetch’s much scrutinised lack of focus could persist outside the public market.
Chanel’s global CEO Leena Nair joined BoF founder and CEO Imran Amed at BoF VOICES 2023 to discuss the vision she’s crafting for the iconic French luxury brand.
The American designer will depart the LVMH-owned fashion house effective January 1st with succession plans yet to be announced.