This week, fashion’s biggest headlines cover big-name runway shows, amazing sales reports, exciting store openings and more.
In the most buzzing news, dry Shared its fourth quarter 2024 financial report, indicating its money tree, GucciIt fell 24% in the quarter. elsewhere, Tom Brown,,,,, external and Todd Snyder Their collection of fall and winter 2025 was revealed on the New York Fashion Week stage; LVMH Revealed its semi-final award in 2025; Silin Set date Michael Rider First appearance stüssy A brand new store opened in the Nolita community in New York City, along with other highly respected spoons.
Below, Hypebeast reviews this week’s top fashion stories so you can keep up to date with industry trends.
Gucci sales fell 24%
Gucci
Gucci Sales fell 24% in the fourth quarter of last year, according to Kelin’s latest earnings report.
The news came a week after the house’s creative director Saturday de Sarno Announced that he suddenly left the brand. The designer, who joined the brand in 2023 after the highest era at the helm of Alessandro Michele, introduced a smaller design aesthetic, but due to a slowdown in luxury Strive to increase consumer demand.
In Kering’s lineup, Saint Laurent’s sales fell 8% in the fourth quarter, while Bottega Veneta’s sales rose 12%, thanks to the success of its leather products.
New York Fashion Week promises to turn to fall 2025
gorunway.com/vogue runway
New York Fashion Week It’s officially over, and the dumps of fashion crowds are likely to block your feed with the content of various towns (Flick browsed us here).
At the top of the week, Todd Snyder Take menswear enthusiasts to the academy mansion and start with a wise start. In Chelsea, Christian Cowan A dress made of bubble gum for the first time, then The hills of Strada Hillary Taymour A “fempire” was designed with sunglasses with insect eyes and a runway makeup session. In the financial district, Outside Bold fashion rushes into the business hall of company resistance. In Brooklyn, Christopher John Rogers Make the New York calendar return to the kaleidoscope large. In the Hudson Code shed, Tom Brown’s The whimsical runway violates any claim about the death of New York Fashion Week.
Check out all our coverage this week here.
Announced the 2025 LVMH Awards Semi-finalist
LVMH
Before Paris Fashion Week, LVMH Announced a list of 20 candidates, coming soon to be finalist for the 2025 awards, a set of respectable trophysical tributes to honor creativity, craftsmanship and fashion design innovations and will be presented to this year’s winners next month .
The 2025 LVMH Awards semi-finalists were selected from over 2,300 applications worldwide, from 15 countries for the first time, including Egypt, Ghana and Saudi Arabia, whose jobs cover women’s, men’s and gender-free categories.
Semi-finalists include Alainpaul (France), All-In (US and Norway), Boyedoe (Ghana), Francesco Murano (Italy), Josh Tafoya (US), KML (Saudi Arabia), Meruert Tolegen, Meruert Tolegen (US), MFPEN (Denmark), Nicklas Skovgaard (Denmark), Penultimate (China), Pillings (Japan), Renaissance Renaissance (Lebanon), Sinead O’Dwyer (Ireland), Soshiotsuki (Japan), Steve O Smith (Steve O Smith), Tolu (Kingdom) Coker (UK), Torisheju (UK), Yasmin Mansour (Egypt), Young N Sang (Korea) and Zomer (Netherlands).
Learn more about the prize here.
Michael Rider to debut at Celine
Silin
Be prepared for a new era Silin. This week, French luxury brand confirmed that its new creative director Michael Rider will debut on the track on July 6.
The designer was appointed as the new creative director in October last year after Hedi Slimane quit the brand. It is worth noting that the rider used to work at Celine at Phoebe Philo. He left the record label in 2018 as creative director at Ralph Lauren and remained on the US design label until May 2024.
Rider’s Celine debut will coincide with the Autumn and Winter 2025 fashion season, although it’s not yet known whether the show will include women’s, men’s or two categories.
New York New York Chapter Store has reopened
Sean Davidson
Stüssy’s New York flagship store has officially opened. Move in with the city’s Nolita streetwear giant, including Aimé Leon Dore,,,,, Keith and Noahtraditional Socal streetwear imprints have been cut at a 5,600-square-foot retail store located at 50 Prince Street, which was previously owned by McNally Jackson Bookstore.
Founded in 1984, Stüssy first established its business in New York City in 1991, when the label opened an inaugural store in the American fashion capital. The brand closed its former New York flagship store late last year, located on 176 Spring Street in Soho. It is worth noting that the outpost that originally belonged to the union has now become Tremaine Emory Cowboy Tears Storefront.
Parley Ink Ink Long-term Innovation Partnership for Ocean and Dover Street Market
Valentin Folliet
Global Environmental Organizations and Impact Networks Pali of the Ocean and Dover Street Market Paris Brand Development (DSMP-BD) will focus on investigating alternative design methods and innovative fashion technologies in the “lab space” where “creativeness is in line with science”.
The ecological cooperation between the two will be carried out in several stages, with the “Special Collaborative Project” as the first chapter of March. The couple’s main collection will arrive in June.
“We are very happy with Pali for Adrian Joffe, CEO of Dover Street Markets. “Cyrill (Parley CEO Gutsh) is an extraordinary man. His pursuit and vision to clean up oceanThe breathing heart of our planet is crucial to our survival. During these dark times, Pali It is a powerful light and a beacon of hope. We are proud and excited to be a part of this cause. ”
