>> Lanvin announced today that an anonymous European family holding company took a 12.5 percent stake in the company, ending a long quest by majority owner Shaw-Lan Wang to take the brand to the next level. The investment — thought to be on the order of about $37 million — is understand to be longterm, so don't expect the brand to change hands any time soon; LVMH's Bernard Arnault has been interested in recent years, but Wang is unwilling to give up majority control as Arnault would require.
“The company is really healthy. We only need to accelerate,” Lanvin EVP Thierry Andretta told WWD of the move. “We will be looking worldwide for great opportunities.” It is expected that the capital will help expand Lanvin's retail network, and if more funds are needed, the anonymous investor has the ability to inject more while still maintaining a minority share.
Posts for November 18th 2009
A section of the newly released 700-page tome, "Prada: Creativity, Modernity, Innovation," documents decades of Miuccia Prada's iconic advertising campaigns—including a geek chic look from 1996, the pleated lip prints from 2000, and vintage Naomi Campbell and Kristen McMenamy. Get ready for some serious flashbacks in the gallery below.
Army surplus-style clothing surfaced on the spring runways (see Marc Jacobs above) with ready-to-wear and accessories trending towards the utilitarian. Our top picks for fatigue-inspired jackets this fall range in price point, from Golden Goose's luxe double-layered peacoat to the two affordable options under $50. If the price still isn't right, try bargaining at your local Army Navy store.
>> Jil Sander Going for Uniqlo Round Two —Neither Jil Sander nor Uniqlo ever spoke about the terms or length of their contract, but it sounds like Sander's +J collection will get a Spring edition. Word is the Spring 2010 offerings will be expanded compared to the initial Fall 2009 collection, and Sander is currently in New York to photograph next season's campaign. [FWD]
We've long been obsessed with Shelly Steffee's sharply cut, inventive brand of fashion and often pass through her Meatpacking District boutique/showroom/salon to shop, peruse her vintage jewelry collection, and check out the new design talent she's currently supporting. (Right now Steffee is selling Patrik Muff of Nymphenburg's porcelain pendants—of which we purchased the black wing charm on rose gold.)
Since forgoing her usual in-store presentation for spring 2010, Steffee took us through the collection personally. "I knew I wanted to do prints and address something primal by getting back to the basics," she said, "to return to tailoring but mix that structure with draping techniques."
For Steffee back to the basics meant more of what her loyal following love to wear—reversible jackets, tailored riding coats, mesh tanks, and shirt dresses and tops that can be worn multiple ways. The aforementioned spring prints were inspired by a book of fish x-rays, which Steffee digitally collaged to create geometric textures on chiffon and jersey in shades of blue, gray, and white.
In addition to Steffee's always covetable array of blazers, lingerie-style bra tops and perfect tees, two dresses caught our eye during the visit—a black asymmetrical sheath with subtle cut outs at the shoulder and a red, draped-yet-tailored cocktail number with a back slit.
Although Steffee has been doing the thoughtful, multifunctional fashion thing for a long time, it's never seemed quite so relevant and felt quite as urgent. Call us fans.
Maria Cornejo's capsule menswear collection, available next spring, is full of the types of directional silhouettes her womenswear clients have come to love. For the tightly-edited 28 piece line, Cornejo distills her signature shapes down to a few key looks for men—a textured double-layered shirt, a concave rain jacket, soft blazers, and a pair of tailored slim pants—all with classic Zero + Maria Cornejo detailing, namely asymmetric lines and plays on volume.
>> Just when it looked like the Lacroix saga might be nearing its end — not so fast. A final decision on new ownership, which was first supposed to be made October 27 and was later postponed to yesterday, has once again been put off until Dec. 1, partially because the sheikh frontrunner, who made a $100 million offer in October, "could not show the documentation certifying the funds needed for the acquisition were available" ahead of yesterday's tribunal, according to judicial administrator Regis Valliot.
“We are still hopeful that any of the plans can be finalized. The Ajman offer remains our preference,” Nicolas Topiol, Lacroix's CEO, told WWD. Same goes for Christian Lacroix: “I remain confident in the sheik’s will.”
According to Kate and Laura Mulleavy, "Tavi [Gevinson] defines Rodarte for Target."
Thakoon Panichgul's advice to the winners of the 2009 CFDA/Vogue Fashion Fund, "“Use the money wisely; it goes really quickly! And don’t spend it on an after-party!”
Another model marries another millionaire. This time it's Snejana Onopka.
MyFDB.com—the IMDB of fashion—will log editorial and advertising credits for photographers, stylists, models, and hair and makeup talent.
British trade shows are seeing an increase in attendance thanks to the weaker pound.
Lanvin has sold a minority stake to (a yet to be revealed) investor as a way to grow the business and add stores.
Source: Teen Vogue
>> Jefferson Hack to Launch Another Title? —Yesterday, Jefferson Hack presented at the International Herald Tribune's Techno Luxury Conference in Berlin, asserting that in the future, print media won't disappear, but rather "become souvenirs of the show" — the online world. He sees the future of magazines in portable devices, augmented reality, smart surfaces, digital paper, and says that "in the digital universe, the winners will be those that take risks . . . How do we compete for attention? We don't. We participate. The digital revolution caught quite some of the brands napping." Now, word comes that Hack is set to launch Another Love, a product-driven title, in February. [@IHTLuxury, @m_ariii, @oliwalsh, @_BoF_, @m_ariii, @hintmag]
2009 Victoria's Secret Fashion Show Has More Casting Surprises: Dorothea Barth Jorgensen and Anastasia Kuznetsova
>> Given that the Victoria's Secret Fashion Show is taping tomorrow, lots of tidbits have been rolling in between all the fittings and the models' appearance in Times Square this morning. We've gotten previews of Liu Wen's (two!) outfits, as well as those of VS regulars Miranda Kerr, Alessandra Ambrosio, Rosie Huntington-Whiteley and Selita Ebanks, and after this morning's appearance, more clues as to who will be walking — including a few surprises.
Spring 2010 runway newcomer Anastasia Kuznetsova and Dorothea Barth Jorgensen both popped up in the Times Square photos, as did Elyse Taylor, Sessilee Lopez, and Russian model Tatiana Kovylina, who walked for Victoria's Secret in 2005. Anja Rubik and Abbey Lee Kershaw have also been confirmed as show castmembers, but have yet to make an appearance, and although unconfirmed, Anna Maria Jagodzinska's photo was on the show casting board, so she may show up as well.
UPDATE: Photos of Anna J. and Edita Vilkeviciute have been spotted on the casting board in a newly posted video; word is Emanuela de Paula will not be walking after all because of a conflicting photoshoot. [YouTube, TFS, TFS]