This week, fashion offered up a host of exciting collaborations and a host of executive changes. At the top, Miuccia Prada and Patrizio Bertelli stepped down as co-CEOs of the Prada Group, and Steve Rendle officially stepped down as CEO of Vans, Supreme and The North Face’s parent company, VF Corporation. Elsewhere, Gucci offered something to look forward to, revealing that it will host its Cruise 2024 show in South Korea in May next year. And on the collaboration front, Dickies partnered with Gucci Vault, and Denim Tears sparked conversations with two joint collections, one with Stüssy and one with Dior.
Below, Hypebeast has rounded up the top fashion stories of the week so you can stay up to date on industry trends.
Miuccia Prada resigned as CEO of the Prada Group
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Miuccia Prada and Patrizio Bertelli resigned on Thursday as co-chief executives of the Prada Group.
Business of Fashion reported that the group of luxury fashion houses is proposing Andrea Guerra, a former CEO of Luxottica and a hospitality executive at LVMH, for the top job. Guerra’s appointment will reportedly be confirmed in January 2023 during a board meeting. The Prada Group is also looking to name a new chief executive for its flagship label Prada, with signs pointing to the Americas chief executive of LVMH’s Christian Dior Couture division, Gianfranco d’Attis.
Don’t worry: Ms. Prada will remain Miu Miu’s Creative Director and Prada Co-Creative Director alongside Raf Simons.
Gucci revealed that its Cruise 2024 show will take place in South Korea
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Gucci revealed that it will be bringing its Cruise 2024 show to South Korea.
The exact location has yet to be announced, but the show itself will celebrate the brand’s 25 years in South Korea. Gucci first landed in the country in 1998, when the brand opened its flagship store in Seoul.
Last month, Gucci had planned to hold its repeat show in Seoul, but due to the tragic crowd that ensued on Halloween, the brand canceled the show, instead pledging a three-year grant to restore and preserve Gyeongbokgung Palace.
Gucci’s Cruise 2024 runway will kick off on May 15.
Steve Rendle resigns as CEO of VF Corporation, parent company of The North Face and Supreme
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Steve Rendle has officially stepped down as CEO of the parent company of Vans, Supreme, Timberland and The North Face, VF Corporation.
According to a press release, VF Corporation will begin a CEO transition while Rendle retires as president, president and chief executive officer. Benno Dorer has been named interim president and chief executive officer, effective immediately. Meanwhile, Richard Carucci, who has served as a director of the Board since 2009, will become the Acting Chairman of the Board.
In a statement, Dorer said: “The Board thanks Steve for his many contributions and leadership during his nearly six years as CEO and nearly 25 years with VF. Steve’s commitment to the business, passion for building strong brands and focus on culture have helped VF develop our portfolio of strong active lifestyle brands and establish VF as a purpose-driven company. We wish Steve the best in his future endeavors.”
VF Corporation is actively seeking a CEO to replace Rendle.
Shein was named the most popular brand in the world
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As fast fashion continues to drive trends with cheap clothing, controversial Chinese brand Shein has been named the world’s hottest brand of 2022.
The brand, founded in 2008, was also named the most Googled clothing brand in 133 countries around the world. For context, the brand made $10 billion in 2020, while competitors ASOS and Boohoo made $4.4 billion and $2.4 billion respectively that same year. Shein is currently valued at $100 billion, making it the world’s largest digital fashion company, according to Euromonitor.
Shein is known for its series of controversies. On several occasions, the label has shamelessly stolen design concepts from independent designers. If that wasn’t bad enough, the brand also maintains inadequate working conditions in China, forcing employees to work 75-hour shifts with very little time off, and has reportedly failed to adequately compensate its employees.
Jerry Lorenzo detailed a new direction for Fear of God x adidas
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Fear of God founder and designer Jerry Lorenzo gave an update on his brand’s partnership with adidas.
Following the unveiling of adidas Basketball’s “Remember the Why” campaign last week, the Fear of God Instagram account shared a statement noting that the upcoming release is not affiliated with the aforementioned association. The statement confirms that the collaboration will have a broader focus on the Fear of God Atheltics line.
Jerry Lorenzo and Fear of God are not involved in or connected with the adidas Basketball “Remember The Why” campaign and collection launching this holiday season. The partnership between adidas and Jerry Lorenzo has evolved over the last two years to focus on the creation and development of Fear of God Athletics.
Intended to maximize the opportunity with Fear of God Athletics, this unobstructed focal point will provide Fear of God and adidas with the ability to deliver on an uncompromising, uncompromising vision of performance that transcends both sport and fashion.
Both houses look forward to sharing more in the first half of 2023 and remain excited about the vision of our partnership.
Denim Tears reconnects with Stüssy for another clothing collection
Stüssy
Following a partnership with OUR LEGACY that included apparel collaborations in 2021 and earlier this year, Denim Tears and Stüssy have teamed up for an additional apparel collection.
The Stadnout includes a matching jean jacket and pants, arriving in light and dark washes with all-over Stüssy branding and Denim Tears floral motifs. There are also comfortable knitwear iterations, one of which features the African-American flag on the left sleeve and a quarter-zip sweater that has the lettering “Jamaica Queens” on the front.
The collection is available to purchase at select Dover Street Market locations and on the Stüssy web store.
Dickies Got a Luxurious Gucci Vault Studded Makeover
gucci vault
Dickies has partnered with Gucci Vault to create a high-end capsule collection of revamped staples.
Within the collection, Gucci revamped the Eisenhower jacket and 874 pants with luxurious studs. Signature cotton-poly twill forms the foundation of the construction of both silhouettes, but studs elevate the ensembles with a zig-zag pattern in varying sizes. In addition, the collection includes shorts and work shirt, for the more casual.
The collection goes well beyond the typical Dickes price point, ranging from $985 USD to $7,410 USD. The range is available exclusively through the Gucci Vault now.
Dior Launched a Fall 2023 “Dior Tears” Campaign Featuring Denim Tears
Dior
Dior revealed the full lookbook for its collaborative range with Tremaine Emory’s Denim Tears. The project came after multiple collaborations led by Kim Jones, including those with Eli Russell Linnetz, Shawn Stussy, sacai, KAWS, and Daniel Arsham.
Nicknamed “Dior Tears”, the range pays tribute to black artists and creatives, including James Baldwin and jazz trumpeter Miles Davis. Among the designs, the line features varsity jackets and shirts with fuzzy iconography, vests that reference basketball jerseys, and mohair sweaters.
“I want to share that moment in time, that beautiful moment when black writers, musicians, and artists were coming from the United States, were fleeing the United States, and were finding some level of acceptance in certain European cities and were able to have their art respected and respected. who are respected,” Emory said. “It wasn’t perfect, but it was just a moment, a beautiful moment for black people to have the privilege and the opportunity to escape the terror, the horrors of America, a segregated Jim Crow America. Artists like Miles Davis and writers like James Baldwin found refuge in Paris.
Source: news.google.com