The loss of life of a serious clothier, a celeb vogue line and the altering of the guard on the Council of Trend Designers of America.
These are simply among the greatest vogue information tales which have made headlines this 12 months. The 12 months started with the unhappy information of legendary Chanel designer Karl Lagerfeld passing away on the age of 85, then transitioned to a packed summer season of stories that ended with luxurious retailer Barneys New York submitting for chapter.
Learn Extra: The Greatest Trend Controversies of 2019 — So Far
From the numerous adjustments at Calvin Klein, Marchesa and the Council of Trend Designers of America to Rihanna’s Fenty vogue label, listed below are the largest vogue information tales of 2019, up to now.
Karl Lagerfeld Dies at 85, February 2019
The style world was in mourning upon the information that Chanel clothier, Karl Lagerfeld, died on the age of 85 on Feb. 19. Rumors of the designer falling unwell started rising after he was absent from Chanel’s spring 2019 couture present a couple of weeks prior.
Lagerfeld’s mannequin muses, celebrities and different vogue designers took to social media to share their reminiscences of the designer upon his loss of life, together with Kim Kardashian, Rihanna, Claudia Schiffer, Cindy Crawford and Lily-Rose Depp, amongst others. Lagerfeld was honored on the following Chanel and Fendi fall 2019 ready-to-wear runway reveals and a memorial was held in Paris in June, known as “Karl For Ever.”
Lagerfeld’s profession is likely one of the most revered — and longest — within the vogue world. The designer started his profession helping Pierre Balmain in 1954, later becoming a member of Chloé — the primary of two designing stints on the model — in 1963. He then joined Fendi in 1965 as head designer of its ready-to-wear and fur collections, launched his namesake Karl Lagerfeld label in 1984 and rejoined Chloé once more in 1992 for 5 years after leaving 9 years prior.
He joined Chanel in 1983, ushering in an period of fantastical vogue present units, “It” women and iconic designs that paid homage to Gabrielle Coco Chanel herself. His legacy is being continued on the designer home by his right-hand girl, Virginie Viard, who’s the primary feminine designer since Chanel to take helm of the model.
Calvin Klein Exits Collections Enterprise, March 2019
Simply months after chief artistic officer Raf Simons left the corporate and the 205W39NYC model shuttered, Calvin Klein stated it might be closing its collections and appointment companies, that means the model would now not be a fixture at New York Trend Week or on the crimson carpet.
The PVH-owned firm let go of 100 workers from its New York and Milan places of work and president Michelle Kessler-Sanders left the corporate. Its New York flagship at 654 Madison Avenue additionally closed.
Though Simons and the model had parted methods amicably, it was reported that the designer’s imaginative and prescient was too high-concept and didn’t relate to Calvin Klein’s DNA. PVH Corp. chairman and chief government officer Emanuel Chirico acknowledged that over the three years, the group invested between $60 million to $70 million in Simons’ 205W39NYC model, however hadn’t seen a return on funding.
In June, Calvin Klein Inc. chief government officer Steve Shiffman exited his position and was succeeded by Cheryl Abel-Hodges. She beforehand served as group president of Calvin Klein North America and The Underwear Group at PVH Corp.
Earlier within the month, PVH Corp. and G-III Attire Group Ltd. signed a licensing settlement for G-III to design, produce and distribute Calvin Klein’s ladies’s jean collections in a five-year association. The primary assortment is ready to debut for the spring 2020 season.
Tom Ford Named Chairman of the CFDA, March 2019
Tom Ford is the most recent clothier to be tapped as chairman of the Council of Trend Designers of America. He succeeds Diane von Furstenberg, who served as president after which chairwoman of the CFDA from 2006.
One among Ford’s primary focuses within the place is reinventing New York Trend Week. He has unveiled a shorter schedule for the spring 2020 vogue week season, down to 6 official days. Discuss additionally circulated round Ford’s appointment that the brand new residence of NYFW would transfer to The Shed at Hudson Yards, however contemplating the backlash in opposition to Hudson Yards actual property developer, Stephen Ross, and designer manufacturers already pulling their reveals from the venue, the transfer seems to be unlikely.
Ford is the 11th individual to carry the chairman title — which was beforehand known as president —on the CFDA. Apart from von Furstenberg, the position has been held by Stan Herman, Sydney Wragge, Regular Norell, Oscar de la Renta, Herbert Kasper, Invoice Blass, Mary McFadden, Perry Ellis and Carolyne Roehm.
Forward of the beginning of NYFW spring 2020, Ford introduced plenty of adjustments to the CFDA. He appointed 4 new members to the board — designers Kerby Jean-Raymond, Maria Cornejo, Carly Cushnie and Virgil Abloh — and transitioned 4 current board members to “non-voting emeritus status,” together with Marchesa’s Georgina Chapman, Rag & Bone’s Marcus Wainwright and jewellery designers Mimi So and Kara Ross, who’s the spouse of Stephen Ross.
Ford additionally revealed he can be streamlining the CFDA’s yearlong calendar, condensing the quite a few small occasions held all year long into two conferences, with one held in New York and the opposite held in Los Angeles. He may even be establishing an advisory board of nondesigner trade folks.
Rihanna Launches Fenty Trend Label With LVMH, May 2019
Whereas Rihanna has already confirmed her entrepreneurial chops together with her magnificence model, Fenty Magnificence, and her lingerie line, Savage x Fenty, the singer furthered her dominance of the style world with the launch of her vogue label, Fenty.
After WWD reported in January that the 2 have been in talks, Rihanna and LVMH Moët Hennessy Louis Vuitton confirmed the partnership in May with the discharge of a spring 2019 assortment. The partnership marks the primary time LVMH has launched a vogue model from scratch for the reason that institution of Christian Lacroix in 1987.
Impressed by Rihanna herself, the model’s assortment focuses on cinched waists, billowing sleeves, tailoring and corsetry particulars, together with attire, footwear, jewellery and eyewear. The model is working outdoors the standard vogue present schedule, as a substitute choosing the buy-now-wear-now mannequin. Rihanna previewed the gathering on the model’s Instagram account, exhibiting a video of a various group of fashions sporting the seems to be.
The gathering was then debuted at a pop-up store in Paris later within the month, after which one other was hosted in New York Metropolis at The Webster in June.
Rihanna is not going to be exhibiting a Fenty assortment at NYFW spring 2020, reasonably she can be internet hosting her second annual Savage x Fenty lingerie vogue present, which can be streamed on Amazon Prime starting Sept. 20.
Keren Craig Exits Marchesa, June 2019
Sixteen years after cofounding Marchesa with Georgina Chapman, Keren Craig stated she could be leaving her position on the firm to pursue new artistic ventures.
Craig’s departure follows a tumultuous 20 months for the model after information broke of the sexual assault allegations in opposition to Chapman’s ex-husband, disgraced film producer Harvey Weinstein. Following the allegations and prices in opposition to him, Marchesa suspended its runway reveals, transitioning to internet hosting displays with out Craig and Chapman current.
Many celebrities stopped carrying Marchesa on the crimson carpet, though not too long ago a couple of have began working with the model once more, together with Scarlett Johansson on the Met Gala 2018, Chrissy Teigen and Lily Collins at this 12 months’s Self-importance Honest Oscars after get together and Constance Wu at this 12 months’s Met Gala, amongst others.
Together with the numerous allegations in opposition to Weinstein, actresses reminiscent of Felicity Huffman, Renée Zellweger and Kerry Washington claimed that the movie producer pressured them into carrying Marchesa on the crimson carpet with the intention to increase the model’s publicity.
Whereas the Weinstein scandal introduced on an onslaught of dangerous press, the model skilled a elevate in gross sales, in response to Nany Aucone, proprietor of The Wedding ceremony Salon of Manhasset in Lengthy Island, who claimed the rise was attributable to “the positive side of defending the woman.”
Earlier in June, the model additionally launched a brand new Marchesa Daywear assortment. The model remains to be set to current its spring 2020 assortment throughout New York Trend Week, by appointment.
Stella McCartney Companions With LVMH, July 2019
Splitting amicably with Kering in 2018, Stella McCartney unveiled a brand new partnership with France’s different luxurious big, LVMH Moët Hennessy Louis Vuitton. Full particulars on the partnership are anticipated to be revealed this month.
Via the partnership, McCartney will proceed as artistic director and ambassador of the model and holds majority possession.
She can also be bringing her sustainability mission to LVMH as an entire, assuming a further position of particular adviser on sustainability to chairman and chief government officer Bernard Arnault, and the chief committee members.
McCartney has lengthy been an advocate of working a sustainable and eco-friendly model. Her ladies’s resort 2020 assortment was known as “Force of Nature,” that includes items constituted of sustainable viscose and regenerated cashmere, amongst different supplies, and her males’s spring 2020 assortment was known as “Eco Weirdo,” a presentation that had fashions protesting for the atmosphere.
She is the second female-run vogue home to affix LVMH this 12 months, following Rihanna establishing her Fenty vogue label with the luxurious big in May.
The designer’s newest venture was collaborating with Taylor Swift on a line of vogue and equipment for the discharge of the singer’s newest studio album, “Lover,” in August. The gathering consists of rainbow and tie-dye t-shirts, sweaters, hats and baggage created with eco-friendly supplies.
Barneys New York Recordsdata for Chapter, August 2019
After months of scrambling to seek out financing, Barneys New York filed for Chapter 11 chapter safety on Aug. 6, itemizing belongings between $100 million to $500 million. This marks the second time the retailer has filed for chapter in its 96-year historical past.
The posh retailer revealed it has over 5,000 collectors, together with Ashley and Mary-Kate Olsen’s The Row for $3.7 million, Celine Inc. for $2.7 million, Yves Saint Laurent America Inc. for $2.2 million and Balenciaga America Inc. for $2.1 million, amongst others.
The retailer stated it has gross sales of about $800 million, 2,300 workers and roughly $200 million in funded debt obligations. Barneys had been trying to find a brand new investor or a solution to restructure previous to the chapter submitting.
It’s stated Barneys has lined up $75 million in debtor-in-possession financing from Hilco and Gordon Brothers, with sources stating that $25 million can be used to pay again distributors. It additionally has plans to shut 15 of its 22 shops.
The retailer additionally acquired approval for roughly $217 million from Brigade Capital Administration LP and B. Riley Monetary Inc. at chapter court docket, which Barneys can entry $75 million of instantly. This changed the prior take care of Hilco and Gordon Brothers.
On Sept. 4, Barneys gained closing approval for the complete $217 million deal together with a newly elevated $40 million consignment facility to pay for stock. The retailer is shifting ahead with its aim of securing a purchaser by late October.
Learn extra right here:
The Greatest Trend Controversies of 2019 — So Far
A Breakdown of 2019’s Influencer Drama
The Evolution of the Kardashian-Jenner-West Trend and Magnificence Empire
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