KERING THE PRINCE OF VENICE SAID

Kering Chairman and CEO François-Henri Pinault said this week he expected a 40% to 45% drop in first-half operating profit amid falling sales at its flagship Gucci brand. currently undergoing a major overhaul under the direction of Jean-François Palus. and creative director Sabato De Sarno.
The news caused the company’s stock price to fall more than 7% on Wednesday and prompted analysts to lower their earnings estimates, some for the third time this year.

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PRADA HIGHLY DESIRABLE

Prada reported an increase in sales of 11 percent to 1.18 billion euros in the three months ended March 31. Comparatively, last year’s figure was 1.06 billion euros. Revenues increased 16 percent at constant exchange rates.

In light of the positive reception of the fall 2024 men’s and women’s fashion shows, it is a highly desirable brand. In addition to the ongoing reinterpretation of icons, leather goods novelties such as the Buckle Bag further enriched the category. Prada’s commitment to sustainability was reinforced throughout the quarter by its Re-Nylon collection.

In the first quarter, the Prada brand registered a 7 percent gain in retail sales and Miu Miu was up 89 percent. Retail sales rose 12 percent to 1.07 billion euros from 953 million euros in the same period last year, driven by like-for-like and full-price sales. Retail sales increased 18 percent at constant currency. Continue reading

JOSEPH J THOMAS

Joseph J. Thomas, an advocate for diversity and a 43-year veteran of Bloomingdale’s, died at the age of 85 on Sunday at NYU Langone Hospital in New York.

Born April 26, 1938, in Opelousas, La., Thomas served in the army before joining Bloomingdale’s in 1965 at the height of the civil rights movement. Thomas worked for Bloomingdale’s for 43 years, serving as a buyer before rising to become the store’s operating vice president for diversity and community service.

Thomas was Bloomingdale’s first Black buyer and the company’s first Black corporate operating vice president, according to the family.

VUITTON SHANGHAI CHINA

Louis Vuitton presented Nicolas Ghesquière’s Pre-Fall 2024 Women’s Collection during the Voyager Revealed fashion show at the Long Museum West Bund in Shanghai, Sun Yitian, a Beijing-based artist known for her paintings of blown-up animals, was introduced to Ghesquière, artistic director of Vuitton’s women’s collections since 2013. Continue reading

RALPH LAUREN OLYMPIC CLOTHES

The Summer Olympics in Paris are just 100 days away, and momentum is building, with many brands unveiling their uniform kits and athletes in a variety of sports stepping into the spotlight.

The summit started with a welcome reception in Central Park and culminated with the lighting of the Empire State Building in red, white and blue.

The official outfitter of both the Olympic and Paralympic teams, Ralph Lauren, was visible at the event.A sneak peek at the Villagewear collection will be provided to participants in July was provided in a room at the venue.

Until mid-June, the full collection as well as the opening and closing ceremony kits will remain under wraps. Probably much better than French clothes which were made by Italians.

SEXY IN THE CITY

Balenciaga brought the trend to a new, old zenith, unveiling two campaigns to support the return of Le City bag, first introduced in 2001.

Balenciaga conscripted photographer Mario Sorrenti to capture Kate Moss, Danish model Mona Tougaard, Chinese actress and singer Yang Chaoyue, and Korean singer Juyeon.

All four women cradle the rectangular model with its distinctive thimble-like studs, vintage patina and dangling leather streamer-cum-zipper pull.

DE CELINE AUX 2 C DE CHANEL

Hedi Slimane, the star designer of CELINE, is preparing to leave the French fashion house, several sources close to the latter and the LVMH group said. The date of his departure is still uncertain. Tomorrow, a year from now, even later? Everything will depend on the speed with which LVMH finds a replacement and the Arnaults’ patience.

Hedi Slimane, the darling of the American media, has just given us his worst collection, the chronicle of a little fashion genius ‘highlighted’ by Wintour who only sees advertising benefits for the ‘Con’ group for US Vogue. and Naze’.

Sliman wanted to break social norms and traditions, to play the rebel at almost fifty years old. However, meditate on this maxim from Mr. Lacroix: “I do not seek the timeless: I capture the happiness of a moment. I don’t build pyramids: I trace arabesques. There is nothing frivolous about advocating the ephemeral. I want to give happiness to others.” Continue reading

PARLUX AND GOLDIE

Launching Friday, Goldie Eau de Parfum, $78, is a woody-floral women’s fragrance that kicks off an eventual "wardrobe of Steve Madden fragrances; Parlux plans to inaugurate, said Parlux president Lori Singer.

Asked why he sought to reenter fragrance, Madden said, “with the brand exploding and the synergy of finding Parlux,” it was the perfect time to launch back into the category.

Named after Madden’s tween daughter, the bergamot-, pear- and jasmine-infused fragrance offers up a fresh category to Madden brand loyalists, while aiming to resonate with the next generation of young consumers.

Parlux which has seen splashy successes of late in fragrance with its gourmand Billie Eilish collection and Drake’s Better World Fragrance House is looking to turn Steve Madden’s fragrance play into a longer game.

SUPREME IN CHINA

Supreme, the New York-based cult skate brand, opened its first store in China on Friday. The 11,000-square-foot, two-story store is Supreme’s 17th in the world and the largest to date.

A micro-neighborhood known for its vibrant youth culture scene lies at the corner of Changle Road and Fumin Road, home to the Supreme store.

Jordan and his team spent most of their time in China scouting skate spots, meeting the right people, and recruiting casts of characters to run the shop from 9 a.m. to 5 p.m.

At the entrance of the store, shoppers are greeted by two Mark Gonzales sculptures, one of which is a full-size F1 race car. Above the main wall, a mural by Brooklyn-based artist Josh Smith features a vibrant painting with Goth-like features. In 2022, the artist collaborated with Givenchy. Continue reading

SILHOUETTE THE SHADOW BUREAU

The name means “Projected shadow of something or someone, the shape and contours of which stand out clearly against a background.”

2024 is a big year for Silhouette. As the Austria-based eyewear company celebrates its 60th anniversary. The family business continues to intrigue demanding consumers with its permanent commitment to excellence and sustainability through innovative, comfortable and quality lenses, but for the latter our boss at Canal-luxe was screaming not to be able to have them repaired.

Providing astronauts with reliable vision in space for nearly 25 years, these glasses were revolutionary in the eyewear industry with their near-lightweight, rimless design and endless customizable options.

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DRIES VAN NOTEN STEPPING DOWN

A search for a successor to Dries Van Noten has quietly begun in recent months, marking the end of an era.

The acclaimed Belgian designer is stepping down in June after nearly four decades in fashion. During Paris Fashion Week, his last show will be his men’s show for the spring 2025 season.

A new designer will be announced in due time, Van Noten said in a statement to us “I have been preparing for this moment for a while, and I feel it’s time to leave room for a new generation of talents to bring their vision to the brand.”

Synonymous with ravishing colors, striking prints and dignified dressing tinged with exotic details, Van Noten forged a succession roadmap when he sold a majority stake in his Antwerp-based house to Puig in 2018. We wish him a happy retirement

GUCCI AND ANCORA

Sabato De Sarno, the creative director of Gucci Ancora, is planning a project called Design Ancora, which will be revealed during Milan Design Week. In conjunction with the city’s international furniture and design trade show Salone del Mobile, the event will take place at Gucci’s flagship store at Via Montenapoleone. Continue reading

BEST DRESS OSCAR VUITTON

Emma Stone, best actress for her work in “Poor Things, wore a gown by Louis Vuitton.America Ferrera, nominated as Best Supporting Actress for her work in “Barbie,” wore Versace.

Sandra Hüller in Schiaparelli for Anatomy of a Fall. And Jamie Lee Curtis in Dolce & Gabbana. Colman Domingo in Louis Vuitton Tuxedo.

And Billie Eilish’s ugliest outfit in Chanel no one is perfect.

Kirsten Dunst in Gucci, Lupita Nyong’o in Amrani Prive, and Greta Lee in Loewe, Margot Robbie in Versace.
European stylists are really celebrating at the Oscars.

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SAICAI PARIS 2024

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HERMÈS THE RAIN PASSAGER

The face of the sky is gray, the ground shimmers in the rain, a dark rain that falls from the ceiling as if to illuminate fashion. Unquestionably the cuts, which appear, are perfectly executed, and even if the leather is not worn in the rain, we have a collection as a whole that flirts with luxury. Continue reading