Alessandro Michele made his debut on the Valentino runway as the creative director. The fashion show took place during Paris Fashion Week and showcased Michele’s signature eclectic glamour with a touch of ’60s, ’70s, and ’80s dressing. Valentino’s classic red colors, ladylike bows, and iconic “V” logos were also featured in the collection. Michele’s appointment at Valentino earlier this year created much anticipation for this debut, especially after the launch of his Cruise 2025 collection in July.
In other news, Off-White’s ownership has changed hands from LVMH to Bluestar Alliance. The luxury streetwear brand founded by Virgil Abloh was sold to Bluestar for an undisclosed amount. This change comes after LVMH acquired a majority stake in Off-White LLC in 2021. The brand recently appointed Ib Kamara as its new creative director and made its American runway debut at New York Fashion Week in September. It will be interesting to see how Off-White evolves under Bluestar’s ownership.
Glamour magazine has named Serena Williams and Pamela Anderson as Women of the Year for 2024. Both women are featured on the cover of the magazine’s annual issue, where they discuss their achievements, career changes, and personal growth. The rest of this year’s honorees will be announced soon, with a celebration event scheduled for October 8 in Times Square.
Kenneth Cole has relaunched its women’s ready-to-wear category for Fall 2024 under new leadership. The collection includes a range of timeless pieces such as slip dresses, suiting, shirts, coats, and jackets in classic colors. The campaign for the collection features Ariana DeBose, photographed by Cass Bird, with themes of unity and inner strength.
In a financial update, LVMH CEO Bernard Arnault has become the world’s third-richest man with a net worth of $207 billion. This milestone marks the fashion industry’s highest position on the Bloomberg Billionaires Index, following Elon Musk and Jeff Bezos. Other notable names on the list include Mark Zuckerberg, Bill Gates, Warren Buffett, and Carlos Slim, representing a range of industries.
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