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Home»Fashion»Marc Jacobs’ new award, $58 billion loss due to fashion downturn
Fashion

Marc Jacobs’ new award, $58 billion loss due to fashion downturn

uno_usr_254By uno_usr_254October 28, 2024No Comments5 Mins Read
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Marc Jacobs named WSJ’s 2024 Fashion Innovator

A fashionable addition to WSJ Magazine’s Class of 2024 Innovators. Marc Jacobs has been named the magazine’s 2024 Fashion Innovator and will receive the honor at Tuesday night’s annual awards ceremony. In a new cover story by editor Lolly Satran, the designer takes center stage as we delve into the top fashion shows from his 40+ year career, personal fashion transformations, and self-kindness. As a bonus, Jacobs appeared on WSJ’s “The Job Interview” series, where he reflected on his most famous collections and the collaborators, including Anna Wintour, who helped him while he was battling addiction. .

“I think she has an incredibly kind heart,” Jacobs said of Winter. “When I was struggling with addiction, she took me out to lunch as Anna. She said, ‘Why don’t you learn to play tennis or something?’ Instead of doing drugs, I smiled earlier, and it’s like bless her heart. Yeah. If only it were that easy. ”

Marc Jacobs (WSJ Magazine)

Fashion billionaire loses $58 billion due to luxury goods recession!

Top fashion businessmen Bernard Arnault, Francoise Betancourt Meyers and Francois Pinault have been hit hard recently by the downturn in fashion’s luxury goods. According to Business of Fashion, the three companies have lost a combined $58 billion so far this year due to a decline in demand for high-end products and a weak Chinese market. Of the three companies, Pinault is facing the biggest losses with Kering reporting that the company’s profits have fallen 63% since 2021, one of the largest drops in that period. The group has been most affected by the economic slowdown, which has hit brands such as Burberry and Gucci. Meanwhile, other stores such as Mara Hoffman, Interiors NYC, and SJP Collection have permanently closed.

Frédéric Arnault, Bernard Arnault

SKIMS releases Snowy Holiday Gift Guide campaign with Tate McRae

Baby, it’s cold outside. I need to warm up with SKIMS! Kim Kardashian’s shapewear brand has unveiled its latest holiday campaign featuring TikToker-turned-musician Tate McRae. The “Ravenous” singer posed in new merchandise from SKIMS’ 2024 Holiday Gift Guide, including red and white bras, panties, bodysuits, camisoles, and boy shorts. The collection won’t be available until October 30th, but you can preview the entire line now on Skims.com and start your holiday shopping early.

All images: courtesy of SKIMS

Miu Miu gets into the holiday spirit with Emma Corrin

This holiday season, Miu Miu is taking an optimistic approach with Emma Corrin. The actor stars in the brand’s quirky new holiday campaign, “Ireverent Wonder,” which was shot by Lengua. The images and accompanying video, which features Colin wearing Miuccia Prada’s latest holiday collection, are currently available to view on her YouTube channel. Inspired by traditional conservative clothing and glamorous party attire, the label’s complete range includes knitwear, handbags, jackets, boots, flats, and a new vintage-inspired upcycled collection. Includes a selection of items that are sure to make a chic gift for the Christmas season. You can shop the label’s entire holiday assortment now at MiuMiu.com.

Christian Louboutin digs through the trash for new collaboration with Bergdorf Goodman!

One person’s trash is another person’s treasure, or another person’s shoes. Christian Louboutin has teamed up with Bergdorf Goodman in a new collaboration, featuring mixed-material “trash” scraps across his signature accessories. The designer’s six-piece line with the popular retailer includes women’s pumps, mules and wedges, as well as men’s sneakers, children’s sneakers and a rounded shoulder bag. Each piece features pops of his signature bright red color and shimmering lacquered textures mixed with fabric scraps, ribbons, buttons, and sequins. Check out the entire collection, currently available for pre-order, at BergdorfGoodman.com.

All images: courtesy of Bergdorf Goodman

Neiman Marcus indulges in nostalgia with holiday deals and luxurious fantasy gifts!

Ho, ho, ho! The holiday season is in full swing at Neiman Marcus, which just released its “A Neiman’s Fantasy” holiday campaign. This holiday season, the retailer’s selection of nostalgia and fairy tale-inspired gifts includes Jimmy Choo heels, Judith Leiber clutches, Carolina Herrera eveningwear, Dunhill menswear, and a variety of other luxury items. Includes gift. Rounding out the lineup is a new class of Neiman signature luxury fantasy gifts. These include a VIP Manolo Blahnik shopping experience in London, Messika Jewelry with a safari experience, Miron Crosby’s Boots in the Sky and an astrology reading. The enchanting holiday edit is available now at Neiman Marcus boutiques and NeimanMarcus.com.

Sean “Diddy” Combs’ gag order request denied in ongoing sex trafficking case

Sean “Diddy” Combs’ sex trafficking case continues with new gag order denied. According to Page Six, Judge Arun Subramanian rejected Combs’ proposal for a gag order to prevent government officials from sharing information about his case with the press. But Mr. Subramanian adopted an order prohibiting investigators, federal officials and members of Combs’ legal team from divulging any grand jury proceedings that could impede his trial. Combs was previously arrested in September on numerous charges, including sex trafficking, interstate transportation for prostitution, and racketeering conspiracy. Meanwhile, his trial is currently scheduled to take place on May 5, 2025, the same day as the highly anticipated 2025 Met Gala.

Sean “Diddy” Combs

Additional reporting by Madison Coombs

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