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The Business of Fashion on Instagram

The Business of Fashion on Instagram

An essential daily resource for fashion creatives, executives and entrepreneurs all over the world.

Straight from the runway: Chanel s latest #HauteCouture collection. What do you think of the full looks designed by Virginie Viard? #bofw #pariscouture #chanel
Straight from the runway: Chanel s latest #HauteCouture collection. What do you think of the full looks designed by Virginie Viard? #bofw #pariscoutur
Dutch fashion designer Iris van Herpen showed her latest #HauteCouture collection titled  Hypnosis  at the Élysée Montmartre in Paris today. Discover the full looks at businessoffashion.com [Link in bio] #bofw #pariscoutureweek
Dutch fashion designer Iris van Herpen showed her latest #HauteCouture collection titled Hypnosis at the Élysée Montmartre in Paris today. Discove
A first look at Dior s #HauteCouture collection. . . What are your thoughts? Watch the livestream on Instagram Stories now and stay tuned for the full collection and review at businessoffashion.com #pariscoutureweek #bofw #dior
A first look at Dior s #HauteCouture collection. . . What are your thoughts? Watch the livestream on Instagram Stories now and stay tuned for the full
This week s #MondayMotivation comes from the avant-garde designer #JeanPaulGaultier, who has captivated the fashion world throughout his career, shocking and garnering praise in equal parts for his iconoclastic haute couture collections. Despite having no professional training, Gaultier was hired on his 18th birthday by Pierre Cardin, who was impressed by drawings the young Frenchman sent him. It was a productive period with a lasting legacy. After Cardin, the designer worked for a brief time at Jacques Esterel, before being hired at Jean Patou.

In 1976, Gaultier presented his first solo collection, using unorthodox, inexpensive materials like braided straw. He quickly gained attention due to his unconventional designs, which included sailor suits, male skirts and razor sharp and exaggerated tailoring. Gaultier went on to launch his highly regarded #hautecouture line in 1997. It was as a result of this success that Hermès hired Gaultier as its creative director. Over his almost five decades in fashion, Gaultier has successfully leveraged his brand to lay incredibly sound financial foundations for his company. When #Hermès took on the designer as creative director in 2003, the house also took a 30 percent stake in the Jean Paul Gaultier brand, which was later increased to 45 percent. Gaultier remained at Hermès for seven years, before exiting in 2010 to concentrate on his own label.

In 2014, Gaultier announced that he would be shuttering his ready-to-wear and menswear collections to focus on his couture line, explaining that he was frustrated by the fashion industry s increasingly demanding schedule. Since his time as a designer, Gaultier has collaborated with #DietCoke and co-created and hosted the long-running television show, Eurotrash. More recently, #Supreme launched a highly anticipated collaboration with the designer, which sold out almost immediately.

Feeling inspired by this story? Find your dream job in fashion and discover the latest opportunities at the world's leading brands on businessoffashion.com/careers #qotd #quoteoftheday  : @indigital.tv
This week s #MondayMotivation comes from the avant-garde designer #JeanPaulGaultier, who has captivated the fashion world throughout his career, shock
H&M group s cheap-but-trendy offering helped it grow into a multi-billion dollar behemoth that dominated the #highstreet for more than a decade. Now, it s struggling to keep from falling out of fashion.

Faced with an onslaught of competition from digitally-native players with lower costs and more efficient supply chains, the #fastfashion giant is battling sluggish growth and shrinking profits. What s more, its inventory levels have ballooned into a $4 billion problem   a potent and costly symbol of the challenge at hand.

In a rapidly changing market, can a global retailer that has fallen behind the times survive? In our inaugural case study, BoF examines why #HM group is struggling, and how its transformation strategy is playing out. The format highlights crucial industry issues, using a specific focus (such as a company) as a prism, and offering actionable insights from industry experts.

Created exclusively for the #BoFProfessional community, our case studies are designed to help you make informed decisions, wherever you or your company are on their trajectories. [Link in bio]  : @shutterstock
H&M group s cheap-but-trendy offering helped it grow into a multi-billion dollar behemoth that dominated the #highstreet for more than a decade. Now,
Just in, #Kenzo taps Felipe Oliveira Baptista. The former Lacoste creative director will succeed design duo Carol Lim and Humberto Leon, who are officially parting ways with the #LVMH-owned house on July 1. [Link in bio]  : @indigital.tv
Just in, #Kenzo taps Felipe Oliveira Baptista. The former Lacoste creative director will succeed design duo Carol Lim and Humberto Leon, who are offic
Yesterday, at the Auteuil Hippodrome in Paris, Miu Miu presented its #Cruise2020 collection. What are your thoughts? Stay tuned for the full looks on businessoffashion.com  : @miumiu
Yesterday, at the Auteuil Hippodrome in Paris, Miu Miu presented its #Cruise2020 collection. What are your thoughts? Stay tuned for the full looks on
After a rocky split with #SoniaRykiel in March, Julie de Libran is starting a new chapter in her career. On the first day of Paris #hautecouture week, the designer will present a new collection of 20 dresses at her home on the Left Bank.  I've always loved dresses. It s one piece, it s timeless and it s creatively unlimited,  says de Libran, whose resume includes stints at Versace, Prada and Louis Vuitton.

Her new venture has no external backing.  When a designer starts with a collection and assets, it creates value for the brand,  she says.  The business people can be very quickly hungry to take over 50 percent. I would like to keep control.  The designer's experience with the business side of the industry has not always been rosy. Five years after joining Rykiel as creative director, she exited after a dispute with its owner, the Li & Fung-backed First Heritage Brands, claiming they were in breach of contract. Just weeks later, the brand sought bankruptcy protection in France and liquidated its assets in the US.

For her first go as an entrepreneur, de Libran is starting small, with the help of friends and her London-based sister, using deadstock materials from a silk supplier in Italy and an embroiderer in Switzerland. She is also drafting her first business plan ever.  I am learning the business side. I was looking at it from afar when I worked in houses but I always looked at the sales charts,  she says.  It's a small structure; it's different from a big house.  Read the full story at businessoffashion.com [Link in bio]  : @hellmannsam
After a rocky split with #SoniaRykiel in March, Julie de Libran is starting a new chapter in her career. On the first day of Paris #hautecouture week,
This week, StockX officially became the world s first sneaker reseller to achieve  unicorn  status, confirming a $110 million Series C funding round, first reported in April, that valued the company at $1 billion. The news, which came with the appointment of new Chief Executive Scott Cutler, certainly validated the power of sneakers and the growing importance of the secondary market, where carefully drip-fed, limited-edition pairs from sportswear giants #Nike and #Adidas can fetch as much as four or five times their original retail price. 
 
Cutler and founder Josh Luber aim to extend the #StockX platform   a kind of stock market for consumer goods, where a bidding system allows buyers and sellers to arrive at mutually agreeable prices   beyond the realm of #sneakers. But for now, it s the rise of rubber-soled shoes as powerful stylistic totems for millennial men (and increasingly women) that is the engine of the business. And, according to Luber and Cutler, the platform offers a rare representation of the true market value of myriad sneaker models. 
 
Nike may have released the highly coveted Travis Scott x Air Jordan 1s for $175 at retail, but pairs changing hands on StockX suggest that the true market value is more than $800.  It s the purest form of supply and demand,  says Luber in an interview with BoF. But the platform s transaction data reveals more than true market price. It s something of a crystal ball for what s going up and down on the sneaker market, the forces behind these fluctuations and what s next for the category. Discover the five #trends shaping the future of sneakers at businessoffashion [Link in bio]  : @gettyimages
This week, StockX officially became the world s first sneaker reseller to achieve unicorn status, confirming a $110 million Series C funding round,
Virgil [Abloh] is such an intensely polarising person,  says our editor-at-large Tim Blanks in this week s #BoFPodcast episode in which he summarises the #menswear season that just ended. While some applauded Abloh s collection, others pointed out similarities to the work of other designers.  Absolutely everything is fluid,  says Blanks.  Once you start saying  who did this first?  you re opening a hornet s nest, because you can go on and on.  However, he argues that it is definitely important to give credit, especially when star designers take something  lock stock and barrel  from their lesser known contemporaries.

Of course, there was more to the season. According to Blanks, stand-out moments included Raf Simons  first show for his namesake label following his departure from Calvin Klein, and the latest Loewe collection from Jonathan Anderson, who was  talking about escape and romantic, young nomads . Not to forget an inspiring memorial at the Grand Palais, where the industry paid tribute to the late #KarlLagerfeld, in a variety show that included video testimonies, acting cameos and musical performances.  You re sitting there and thinking: who else would the fashion industry do this for?  said Blanks. Tune in to hear his full conversation with BoF s Imran Amed on businessoffashion.com [Link in bio]
Virgil [Abloh] is such an intensely polarising person, says our editor-at-large Tim Blanks in this week s #BoFPodcast episode in which he summarises
There are no normal ways to talk about Galliano; his work provokes an emotional experience that exalts the senses,  says André Leon Talley in the preface of a new book called  John Galliano for Dior . Documented by photographer Robert Fairer, the book captures the designer s extraordinary creations during his tenure at the French fashion house in previously unseen behind-the-scenes moments. Swipe for a few excerpts from the book.  : Robert Fairer #JohnGalliano #fashionphotography #dior
There are no normal ways to talk about Galliano; his work provokes an emotional experience that exalts the senses, says André Leon Talley in the pr
What s the  Plan B  for  Made in China ? The manufacturing world is facing the unenviable task of trying to keep up with modern politics. Brands whose bottom line relies on continuous, reliable, uninterrupted trade await the outcome of Donald Trump s meeting with Xi Jinping in Osaka today   and his threat to impose tariffs on $300 billion of Chinese-made goods.

The threat has been almost as effective as actual tariffs: brands including Crocs, Ralph Lauren, Uniqlo, Levi s, Calvin Klein and Tommy Hilfiger have already moved their manufacturing base out of #China. Yes, politics is not the only factor   rising Chinese labour costs and local manufacturers  increasing reluctance to produce low-cost goods prompted the sourcing caravan to move on long before the current #tradewar. But, there is no doubt that #Trump has hastened their departure. Where fleeing brands land is dependent on a number of factors: product category, material, labour costs and skill, workers  rights, access to ports, manufacturing equipment, tariff structures, distance to end market and   in particular   production capacity.

Indeed, the US is highly dependent on the Chinese market for clothing and footwear and the impact of President Trump s protectionist stance is making a challenging environment even more so for fashion brands. Whatever the coming months bring in terms of #tradepolicy, diversification is the way to implement some degree of contingency planning. While there are many offshore options for fashion players to consider, a few sourcing hot spots are emerging as firm favourites. To read the full article, join #BoFProfessional and get members-only exclusive content, unlimited access to articles, all online courses, the iPhone app and special print issues. [Link in bio]  : @shutterstock
What s the Plan B for Made in China ? The manufacturing world is facing the unenviable task of trying to keep up with modern politics. Brands whose

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