ICYMI: The debut of 'Heline', the buyout of Versace and all the latest news from the fashion world

ICYMI: The debut of 'Heline', the buyout of Versace and all the latest news from the fashion world

Fashion by the 'gram

Text: Debby Kwong

Editor: Renée Batchelor

24 September - 30 September
Michael Kors acquires Versace for $2.1 billion
The Michael Kors group has its eyes firmly on Europe and high-luxury with its recent acquisition of Versace — which was barely profitable last year — for $2.1 billion. Still the brand has cultural cachet — think Bruno Mars' 'Versace on the Floor' song and the Emmy-winning 'The Assasination of Gianni Versace.' The American group will be renaming itself Capri Holdings and plans to grow Versace to $2 billion in revenue globally and to increase its retail footprint from roughly 200 to 300 stores. It also expects to expand accessories and footwear from 35 percent to 60 percent of it total revenue. Fans of the Italian brand are sceptical. "Don't sell Versace. It will become a tacky brand," said one fan on Instagram. As part of the deal, Donatella Versace will stay on to oversee the brand.



Gucci collaborates with Disney
Even Gucci knows the international appeal of Disney, this time with the statement Mickey Mouse bags seen at the spring/summer 19 show. To celebrate the cartoon character's 90th birthday, the bags are available in three variations. Another style icon was also there: Jane Birkin made a special appearance and performed during the show held at the Théâtre Le Palace. 



Hedi Slimane's Celine debut
In an exclusive interview with Le Figaro, Hedi Slimane hinted at the focus of his debut collection — lots of black. “As for the creation of exclusive fabrics or leathers for Celine, black requires special attention. We go through hundreds of samples in our research to find the perfect black jacket or the perfect little black dress.” With regards to Lady Gaga, who carried the first 16 handbag while she was in Paris, he simply says, “I gave her this bag in private because she’s a longtime friend of mine.” Thus far reviews of his first collection have been mixed, with fans of Phoebe Philo's glorious, minimalist chic aesthetic mourning the loss of a label that for once, used to cater to female desires — and that missing accent on the 'é'. 



Chiara Ferragni’s drama with Stefano Gabbana
Stefano Gabbana made his opinion known again on Instagram when he commented “cheap” on a photo of Italian Instagram star Chiara Ferragni’s wedding gowns, created by Maria Grazia Chiuri of Dior, on Harper’s Bazaar UK's Instagram. This is not the first time Gabbana has voiced his unpopular opinon. He also wrote on a photo of Selena Gomez’s “è proprio brutta,” which translates to: “She’s so ugly”, and commented “No” on a photo of supermodel Kate Moss.



Dior is trying to make gladiator sandals happen
Amid all the tulle, neo-Grecian dresses, and dancing at the spring/summer 2019 show, you might not have realised that Maria Grazia Chiuri has reinvented the gladiator sandal with dance-inspired, ribbon-like straps.


Packing light is passe at Jacquemus

Is the era of the micro bag over? Simon Porte Jacquemus certainly thinks you can have it all with the larger than life accessories he's introduced. First the supersized La Bomba hat last season was seen all over Instagram. For spring/summer 19, pack all your beach essentials and more with the enormous straw bag. Wonder what we can get away with hiding in here?


The iPhone gets strapped on at the ankle at Margiela
The week that the iPhone XS was launched, John Galliano brought back iPhone ankle holsters at Maison Margiela's spring/summer 19 runway — his take on the selfie stick. The purpose?  To capture the collection from a different angle, giving a whole new meaning to the word 'footage'. 



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