FASHION NEWS ROUND UP
THE LATEST NEWS TO KEEP YOU UP TO DATE WITH THE INDUSTRY
Arcadia Group collapses into administration
Unfortunately, we begin this round up with some sad news. As many of us are already aware, Arcadia appointed administrators from Deloitte a few days ago. Its brands are some of the most well-known fashion labels in the UK high street market: Burton, Dorothy Perkins, Evans, Miss Selfridge, Outfit, Topshop, Topman and Wallis. The announcement hasn’t affected the group’s stores and websites as of now, and no redundancies have been made. Some buyers are lining up to take over Topshop, one of Arcadia’s most popular brands – fingers crossed it all works out the best way, especially for all staff.
Selfridges’ new initiative to support independent designers
Entitled Rewiring Space, this is a new concept aiming to help independent brands that have been hit hard by the pandemic. It’s usually tough for new and small designers to thrive in an industry dominated by luxury conglomerates, but it’s been particularly hard this year. The Rewiring Space was launched last week and showcases twenty European brands including Christopher Kane, Erdem, A-Cold-Wall, amongst others, selling both current and past-season items up to 70% off. The British department store hasn’t bought the brands’ products but it’s providing the space, retail fixtures and sales personnel at no cost for the brands, taking a 15% commission to pay for operating fees. A great push and motivation for young talents!
Chanel Métiers d’Art show
Chanel presented its Pre-Fall 2021 collection at the Château de Chenonceau, in the Loire Valley in France. Also known as the Women’s Castle due to its association with some powerful women throughout history like Catherine de Medici, Virginie Viard’s, the brand’s creative director, venue choice was on point. Unveiled on a virtual fashion show, the collection was presented to a single VIP guest on set, Kristen Stewart. More than just the venue, the palace was also a source of inspiration, as we can see in the collection details in the ruffled collars, princess style gowns and capes. Tweed jackets and skirts, as well as Chanel’s iconic pearls, couldn’t be left out of the show, which had a romantic meets punk vibe, another classic characteristic of Chanel. This collection is also an ode to the brand’s workmanship, from milliners to button makers.
Balenciaga’s Afterworld: The Age of Tomorrow
From a virtual show to a game show. Always looking for ways to innovate or at least do something a bit different from the others, Demna Gvasalia strikes again with its bespoke video game, entitled Afterworld: The Age of Tomorrow, in which he showcases Balenciaga’s Fall 2021. Most of the collection is unisex and sustainable, using green materials and leftover fabrics from past seasons. Baggy and oversized silhouettes in maxi puffer jackets and parkas, destroyed looking denim and a streetwear mood were the collection’s main points. The highlights were the metallic armour style boots, which in reality will be made from soft leather in limited quantities – anyone suspects they’ll be next season’s hit?
Gabriela Hearst is now at Chloé
The Uruguayan designer who has an eponymous label that focuses on sustainable practices, Gabriela Hearst, is now Chloé’s new creative director after Natacha Ramsay-Levi left. She’s the first non-European appointed for this role and indicates Chloé is looking to become more ecological after CEO Riccardo Bellini hinted the brand’s seeking B Corp Certification (which means the business meets high standards of both social and environmental performance) and is also creating an advisory board on that matter. Good news for the world!
By Manuela Rio Tinto