The Fashion Charts The September issue

The Fashion Charts: September 2019

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1.

Tom Ford introduces a shakeup to the CFDA – Just months into his tenure as chairman of the CFDA by appointing four new members to the board; Virgil Abloh, Kerby Jean-Raymond, Maria Cornejo and Carly Cushnie. WWD

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LVMH announces Karl Lagerfeld fashion prize – The late Designer will be celebrated with an annual fashion prize for young and emerging designers. The prize, which consists of €150,000 and a one-year mentor ship program with LVMH seems like a fitting tribute to such an icon in the industry. The award, which was previously called The Special Prize, will be renamed in his honour and presented on the 4th September at the Foundation Louis Vuitton in Paris. Fashionista

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Kering to spear-head sustainability – French luxury fashion group Kering, spear-headed a recent summit on improving sustainability in the fashion industry at the G7 meeting in Biarritz. European luxury and fast-fashion brands came together to sign a “fashion pact” to commit to cleaning up there supply chain. In total 32 brands signed on including the likes of H&M, Zara, Stella McCartney, Burberry and Gucci. The Independent

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Boohoo is having a brilliant year – Boohoo, the online fast-fashion upstart has finally managed to beat its rival ASOS. After a record year of trading, its latest sales outlook has pushed the company’s market value to £3.3 billion. It is now the biggest company on London’s junior stock exchange for growing markets, leaving ASOS, with a valuation of only £2.2 billion in its dust. Business of Fashion

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YouTube to start curating fashion feed – Fifteen years after it was first launched, the online platform YouTube has finally followed in the footsteps of so many of its peers and is joining the fashion industry. At New York Fashion Week this week it is finally launching a dedicated style section on YouTube, where it will curate a fashion feed, much like Instagram, Snapchat and Amazon have been doing for years. Business of Fashion

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The death of Peter Lindbergh – Peter Lindbergh, the iconic fashion designer died on the 4th September. He was known for the Pirelli calendar, a range of luxury campaigns over the years, some of the most iconic fashion editorials of the 90’s with the Supers and his signature black-and-white portraits of major fashion figures and celebrities. His most recent high-profile work was on the British Vogue September issue, which was guest edited by the Duchess of Sussex, Meghan Markle. He was a true icon. Rest in peace. BBC News

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Forever 21 in dire straits – American teen fashion brand, Forever 21 is reportedly considering a bankruptcy filing, according to sources within the company, so say The Business of Fashion. They have been working with a team of advisors on how to restructure their debts, but these talks have led nowhere and they are now exploring Chapter 11 filing to get a debtor-in-possession loan to help save the company. Business of Fashion

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Abercrombie & Fitch the next to go under? – Another American giant in the retail industry, Abercrombie & Fitch, which has somehow managed to survive up to this point is having further financial difficulty, according to WWD. It has reported its second quarter loss this year of $31.1 million. But this is small change to the loss it suffered last year of $3.9 billion. While they may be hanging in for now, you do have to ask at what point they will reach critical mass.  WWD

8.

Victoria’s Secret have been getting in trouble again – The brand this time has been accused of ripping off the designs of their former design director Jennifer Zuccarini, who left the company in 2011 to launch her own brand Fleur du Mal. This hijacking of others’ designs was first pointed out by the social media account Diet Prada over the summer, and now afinally Zuccarini has spoken out in public about it to the Wall Street Journal. She talked of how she saw it as pointless of starting litigation against the brand for copyright infringement, because it wasn’t effective and she was not surprised in the slightest by Les Wexner, the CEO’s behaviour. WSJ. Magazine

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M&S

M&S drops out of FTSE 100 – M&S is having another bad year, as news has just emerged from Reuters, that the 135-year-old British high street giant will be ejected for the first time from London’s FTSE 100, amid serious decline. It has reported losses for the third year in a row, as the food and clothing brand struggles to find an identity amid a high street in decline and a losing demographic of shoppers. Business of Fashion

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Go back to the main The September Issue page, for more content. 

thefashionnomad

Eight years in, and still killing this fashion game. Now a mother, wife, professional-by-day and part-time blogger in between, I still love blogging, producing fashion shoots and curating this blog.
My interests lie in producing high editorial-style content, shooting in grand and unique locations, make-up shoots and doing more studio shoots that really push the boundaries.
I'm open to collaborations and ideas, so please message me.

(Achim, Du bist die Ausnahme, also lass den Quatsch)

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