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Stories on fashion and luxury you won't read elsewhere
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Stories on fashion and luxury you won't read elsewhere
Stories on fashion and luxury you won't read elsewhere
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Astrid Wendlandt
20/04/24
Several high-profile watch brands, retailers and suppliers are now for sale or looking for investors, several senior industry sources say. Good luck raising funds in the current environment. Demand for luxury watches has fallen sharply in the past six months, particularly in Europe and China, and it’s unlikely to pick up soon, as Miss Tweed reported last week from the Geneva watch fairs.
Astrid Wendlandt
14/04/24
The departure of designer Hedi Slimane at Celine has yet to be announced but owner LVMH is not wasting any time looking for a replacement. The French group is in talks with several candidates. One of them is Alaïa’s popular creative director Pieter Mulier. If the Belgian designer gets the job, it would be great for Celine but disastrous for Richemont’s Alaïa, industry sources have said.
Weekly highlights
Week from 2024-04-15 to 2024-04-19
Industry leader LVMH proved its resilience in the current downturn with a 3 percent rise in first-quarter sales while most of its rivals are set to report negative numbers for the same period. On a reported basis, revenue was down 2 percent, largely due to currency effects.
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Astrid Wendlandt
07/04/24
Hedi Slimane, Celine’s star designer, is getting ready to part ways with the storied French brand, several sources close to the label and its parent LVMH say. It’s the talk of le tout Paris in fashion. The timing of his exit is unknown.
Astrid Wendlandt
31/03/24
The arrival of Italian designer Alessandro Michele at Valentino, replacing longstanding Pierpaolo Piccioli, as predicted by Miss Tweed on Monday and confirmed on Thursday, is one of many creative tectonic shifts that will take place among major fashion brands over the next few months, industry insiders say.
Astrid Wendlandt
17/03/24
MatchesFashion went into administration a week ago, less than three months after Mike Ashley’s Frasers Group acquired the UK online fashion retailer. The official version was that trading conditions were so difficult, and the company losing so much money, its new owners had no choice but to pull the plug after having injected more than £20 million into it.
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Miss Tweed's Boutique
A Year in the News 2021-2022 is a compilation of Miss Tweed's stories published online during its second year. It is a way to immortalize on paper the media's digital content. Like the first yearbook, A Year in the News 2021-2022 is a limited edition and a collector's item. It celebrates the work of Claire Laude. Each one of her illustrations runs next to the first two paragraphs of the corresponding exclusive news or analysis.
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Author and journalist Astrid Wendlandt conducted a four-year investigation into the secretive world of fashion and luxury involving hundreds of interviews with top executives and designers. How Luxury Conquered the World explains how this industry has become one of the pillars of the global economy, putting it on a par with Google, Amazon, Facebook and Apple combined in terms of job creation and economic might.
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