Top Fashion Stories of the Week: November 18

This week, many fashion brands looked to the future. Among them, Balenciaga officially left Twitter, reshaping its online presence following Elon Musk’s takeover of the tech giant. Estée Lauder acquired Tom Ford in a deal valued at $2.8 billion, marking the largest acquisition ever for the cosmetics conglomerate; and Louis Vuitton revealed plans to turn its Paris headquarters into its first luxury hotel. In the present, however, the Brooklyn Museum has opened its exhibition Thierry Mugler: Couturissime, Central Cee has starred in Jacquemus’s Winter 2022 campaign, and finally the highly anticipated Stüssy x Dries Van Noten collaboration has arrived.

Below, Hypebeast has rounded up the top fashion stories of the week so you can stay up to date on industry trends.

Balenciaga left Twitter

Balenciaga leaves Twitter and Estée Lauder acquires Tom Ford in this week's top fashion news


Balenciaga officially left Twitter after the acquisition of Elon Musk. The Demna-led label’s decision to leave the platform comes after several major companies, including General Motors and Dyson, suspended their ad campaigns on Twitter.

Business of Fashion reports that in recent years, fashion brands have relied less and less on Twitter to generate digital buzz around new releases and collections. Balenciaga, however, is no stranger to stirring up heated discussions on the platform; more recently, the Kering-owned brand has sparked conversations for its $1,790 leather trash bags and $950 Crocs.

As of now, it remains uncertain if other high fashion brands will also leave the social media platform.

Estée Lauder acquired Tom Ford for $2.8 billion

Balenciaga leaves Twitter and Estée Lauder acquires Tom Ford in this week's top fashion news

Victor Virgile/Gamma-Rapho/Getty Images

Estée Lauder officially acquired Tom Ford in a deal valued at approximately $2.8 billion, marking the largest acquisition in the cosmetics conglomerate’s history.

Estée Lauder’s acquisition of Tom Ford Brands is expected to close in the first half of 2023, depending on the speed of regulatory approvals. The sale has earned Ford the title of billionaire, according to Forbes, which estimated that the designer will get $1.1 billion in cash from the sale, after taxes. Once the deal is finalized, he will remain as the brand’s “creative visionary” through 2023.

Business of Fashion reported that Tom Ford had been looking for a possible sale since this summer. In August, it was reported that Estée Lauder was in talks to buy the brand in a deal that valued the label at $3 billion. Notably, Estée Lauder beat out other large luxury parent companies, including Kering, to the sale.

Louis Vuitton unveiled plans to turn its Paris headquarters into its first luxury hotel

Balenciaga leaves Twitter and Estée Lauder acquires Tom Ford in this week's top fashion news

Edward Berthelot/Getty Images

Louis Vuitton (PARIS:MC.PA +0.20%) Chairman and CEO Michael Burke has revealed plans to turn the French fashion house’s Paris headquarters into a sprawling complex that will include the first Louis Vuttion hotel and the brand’s largest global store, according to a new interview with WWD.

The colossal transformation began this week, with the launch of a new experiential installation titled “LV Dream”. There, a 20,000-square-foot pop-up houses an exhibition highlighting the Maison’s top-tier artist collaborations, a café and chocolate shop from Cheval Blanc Paris’ head pastry chef, and a gift shop. The temporary space, which will remain open for a year, will “most likely” become Louis Vuitton’s largest store, according to Burke. The hotel is expected to occupy another portion of the 400,000-square-foot building within the next five years.

The Brooklyn Museum opens its exhibition Thierry Mugler: Couturissime

Balenciaga leaves Twitter and Estée Lauder acquires Tom Ford in this week's top fashion news

the brooklyn museum

Shown first at the Montreal Museum of Fine Arts, then in Germany, the Netherlands and France, the traveling exhibition Thierry Mugler: Couturissime has officially landed at its final destination: the Brooklyn Museum in New York City. There, exhibition curator Thierry-Maxime Loriot and the museum’s senior fashion curator, Matthew Yokobosky, have adapted the boundless, historic showcase for the New York fashion public, now on view November 18, 2022 until May 7, 2023.

Spanning previously unseen archival and couture designs, the exhibition houses more than 100 looks (most of which are on display for the first time) along with accessories, videos, photographs, sketches and fragrances that define Manfred Thierry Mugler’s unmistakable hallmark on fashion. fashion. At the Brooklyn Museum’s Morris A. and Meyer Schapiro Wing and Iris and B. Gerald Cantor Gallery, the exhibit champions Mugler’s industry-shaping portfolio by theme, separating the designer’s interests into rooms dedicated to fantasy, glamor , science fiction, eroticism and the natural. world.

“The constant innovations, inventions and avant-garde architectural silhouettes in Mugler’s work have marked an epoch,” said Loriot. “His singular style found a place in fashion history that still has a powerful influence on today’s generation of couturiers, not only because of his designs but also because of the strong message of inclusion, diversity and empowerment in his body of work. . ”

Tickets for the Brooklyn Museum’s Thierry Mugler: Couturissime exhibition can be reserved on the museum’s website.

The Stüssy x Dries Van Noten collaboration arrives

Balenciaga leaves Twitter and Estée Lauder acquires Tom Ford in this week's top fashion news

Stüssy X Seca Van Noten

Following teasers for A$AP NAST and a campaign starring Red Hot Chilli Peppers’ Flea, the highly anticipated collaboration from Stüssy and Dries Van Noten has officially hit stores.

Throughout the collection, the partnership generates a host of designs denoted by Stüssy’s So-Cal style and Dries’ versatile codes. Among them are dual-branded tie-dye T-shirts, sweatpants, and sweatshirts, along with collared shirts, patterned slouchy jeans, and a rhinestone-studded blazer and smoking pants. There’s also a number of ready-to-wear outerwear, as well as a line of bomber jackets, crewnecks, baggy pants and vests, all made from fabrics ranging from corduroy to leather.

The collection is now available. in the official Stüssy Y Dry Van Noten websites, as well as in all Dover street market locations. Check the full lookbook here.

Daniel Arsham turned the Tiffany & Co. motif into a $59,000 USD eroded bronze Tiffany lock

Balenciaga leaves Twitter and Estée Lauder acquires Tom Ford in this week's top fashion news

Tiffany and company.

Daniel Arsham’s Future Relics are among the most prestigious collectibles in the art domain; so naturally Tiffany & Co. needed to buy it. Working together, the two created a piece titled Tiffany Eroded Bronze Lock, under Tiffany’s new “Lock” collection.

Arsham researched the luxury jewelry brand’s archives to create a limited series of 99 sculptures, each resembling the artist’s classic ruined work and the brand’s iconic shade of blue. Inside is a bracelet, designed in collaboration with Arsham, which is made of 18K white gold and is set with diamonds and tsavorites.

Of the project, Arsham said: “It’s very personal to me, but there’s also an element of history there – a link between generations of craft, between function and design, between craft and beauty. These are the elements that make Tiffany so unique, the elements that allow it to constantly hone the “sweet spot” between heritage and modern. She wanted to create a piece of art to celebrate that.”

The collaboration will be available for a whopping $59,000 USD at select Tiffany & Co. stores on December 1st.

Central Cee starred in Jacquemus’ winter 2022 campaign

Balenciaga leaves Twitter and Estée Lauder acquires Tom Ford in this week's top fashion news

oliver hadlee pear

Central Cee, a 24-year-old Londoner, is a rapper, songwriter and now, thanks to Jacquemus, the latest fashion muse. After attending the French brand’s FW22 “LE PAPIER” presentation in Arles, France earlier this year (and appearing publicly in several of the brand’s older designs), the British artist is now the face of the Jacquemus winter 2022 campaign, “Neve World. ”

In the campaign, photographed by Oliver Hadlee Pearch and designed by Imruh Asha, Central Cee flaunts the brand’s most comfortable sweaters, scarves, balaclavas, gloves, hats and headbands. Under the creative jurisdiction of Simon Porte Jacquemus, the collection operates in a kaleidoscopic color palette, including shades of blue, purple, pink, red, off-white, orange and brown.

Among the range, a puffy long-sleeved polo shirt features a two-button fastening collar, ribbed cuffs and a contrasting hem, while fuzzy cargo pants are mid-cut, with patch pockets and a similar two-tone hem. . Functioning with a visor, the balaclava features a fitted shape and embroidered iconography on the front. Following suit, a bucket hat encapsulates its wearer in soft ombré hues with an identical logo.

Enjoy Jacquemus’ “Neve World” winter 2022 campaign, starring Central Cee, here.

Balenciaga unveiled its largest US flagship in Miami

Balenciaga leaves Twitter and Estée Lauder acquires Tom Ford in this week's top fashion news


Balenciaga officially opened its largest US flagship on Tuesday in Miami’s Design District. The two-story, 8,000-square-foot space, which previously existed as two separate stores for the brand’s men’s and women’s collections, builds on creative director Demna’s “Raw Architecture” concept with re-evaluated luxury retail codes and designs. structural interiors.

Inside, the Art Deco floors, which pay homage to Miami’s distinctive design history, are chipped; and pools of spilled glaze under benches held together with unusual cactus material. The walls appear corroded and the industrial railings are placed as finishes, all in an attempt to challenge the notion of authenticity. There, the best Balenciaga offerings (ready-to-wear, shoes, accessories and objects) are displayed in perfect juxtaposition with its backdrop.

Balenciaga’s Miami Design District flagship is now open at the address below. The store is open from 11 a.m. to 7 p.m. Monday through Thursday, 11 a.m. to 8 p.m. on Friday and Saturday, and 12 p.m. to 6 p.m. on Sunday.

Balenciaga Miami Design District
151 NE 41st Street
Miami, Florida 33137