This week, style’s largest headlines coated big-name runway reveals, staggering gross sales stories, thrilling retailer openings and extra.
Among the many buzziest information items, Kering shared its This fall 2024 monetary report, revealing that its money cow, Gucci, had slumped by 24% within the quarter. Elsewhere, the likes of Thom Browne, Luar and Todd Snyder revealed their Fall/Winter 2025 collections on the New York Trend Week stage; LVMH revealed its 2025 Prize semi-finalists; Celine set the date for Michael Rider’s debut, and Stüssy opened a model new retailer in NYC’s Nolita neighborhood, amongst different much-talked-about scoops.
Beneath, Hypebeast has rounded up the highest style tales of the week so you’ll be able to keep updated on traits within the business.
Gucci Gross sales Fell 24%
Gucci gross sales fell 24% within the fourth quarter of final 12 months, in line with Kering’s newest earnings report.
The information got here only a week after the Home’s artistic director Sabato De Sarno introduced his sudden departure from the model. The designer, who joined the model in 2023 following Alessandro Michele’s maximalist period on the helm, launched a extra minimal design aesthetic that has struggled to extend shopper demand amid a luxurious slowdown.
Elsewhere on Kering’s roster, Saint Laurent noticed gross sales fall 8% within the fourth quarter, whereas Bottega Veneta’s gross sales elevated by 12% because of its leather-based items success.
New York Trend Week Promised a Head-Turning Fall 2025 Season
Gorunway.com/Vogue Runway
New York Trend Week has formally concluded, and the style crowd’s photograph dumps are possible clogging your feeds with content material from throughout city (flick by ours right here).
On the prime of the week, Todd Snyder took menswear aficionados uptown to the Academy Mansion for a sensible begin. In Chelsea, Christian Cowan debuted a costume made out of bubblegum, and Collina Strada’s Hillary Taymour designed a complete “Fempire” full with bug-eyed sun shades and runway makeout classes. Down within the Monetary District, Luar’s audacious fashions stormed by a enterprise foyer in company drag. In Brooklyn, Christopher John Rogers made a kaleidoscopic grand return to the New York calendar. And at The Shed in Hudson Yards, Thom Browne’s whimsical runway defied any claims that New York Trend Week is lifeless.
See all of our protection from the week right here.
The 2025 LVMH Prize Semi-Finalists Have been Introduced
Lvmh
Forward of Paris Trend Week, LVMH has introduced the checklist of 20 candidates shortlisted as semi-finalists for its 2025 Prize—a trio of esteemed trophies honoring creativity, craftsmanship and innovation in style design that will likely be introduced to this 12 months’s winners subsequent month.
Chosen from over 2,300 purposes globally, the 2025 LVMH Prize’s semi-finalists come from 15 international locations, together with Egypt, Ghana and Saudi Arabia for the primary time, and their work spans womenswear, menswear and genderless classes.
The semi-finalists embody AlainPaul (France), All-In (United States and Norway), Boyedoe (Ghana), Francesco Murano (Italy), Josh Tafoya (United States), KML (Saudi Arabia), Meruert Tolegen (United States), Mfpen (Denmark), Nicklas Skovgaard (Denmark), Penultimate (China), Pillings (Japan), Renaissance Renaissance (Lebanon), Sinead O’Dwyer (Eire), Soshiotsuki (Japan), Steve O Smith (United Kingdom), Tolu Coker (United Kingdom), Torisheju (United Kingdom), Yasmin Mansour (Egypt), Younger n Sang (South Korea) and Zomer (Netherlands).
Study extra concerning the Prize right here.
Michael Rider Is Set to Debut at Celine
Celine
Prepare for a brand new period at Celine. This week, the French luxurious label confirmed that its new artistic director, Michael Rider, will make his runway debut on July 6.
The designer was named the Home’s new artistic director in October of final 12 months, after Hedi Slimane exited the model. Notably, Rider beforehand labored at Celine below Phoebe Philo. He left the label to work because the artistic director at Ralph Lauren in 2018, and he remained on the American design label by Might 2024.
Rider’s Celine debut will coincide with the Fall/Winter 2025 Couture season, although it’s not but identified whether or not the present will embody womenswear, menswear or each classes.
Stüssy New York Chapter Retailer Has Reopened
Sean Davidson
Stüssy’s New York flagship has formally opened its doorways. Transferring in alongside town’s Nolita streetwear titans, together with Aimé Leon Dore, Kith and Noah, the legacy SoCal streetwear imprint has lower the ribbon on a 5,600 square-foot retail outpost positioned at 50 Prince Avenue, which beforehand belonged to the McNally Jackson bookstore.
Stüssy, based in 1984, first established its presence in New York Metropolis in 1991, when the label opened its inaugural retailer within the American style capital. The model closed its former New York flagship retailer, which was positioned at 176 Spring Avenue in SoHo, on the finish of final 12 months. Notably, the outpost, which first belonged to Union, has now changed into Tremaine Emory’s Denim Tears storefront.
Parley for the Oceans and Dover Avenue Market Ink Lengthy-Time period Innovation Partnership
Valentin Folliet
World environmental group and influence community Parley for the Oceans has teamed up with Dover Avenue Market Paris Model Improvement (DSMP-BD) on a long-term collaboration that can deal with investigating different design strategies and modern style applied sciences in a “laboratory-space” the place “creativity meets science.”
The duo’s eco-minded collaboration will unfold in a number of phases, with a “particular collaborative venture” launching as the primary chapter in March. The pair’s primary assortment will then arrive in June.
“We’re thrilled to accomplice with Parley for the Oceans,” stated Adrian Joffe, Dover Avenue Market’s CEO. “Cyrill [Gutsh, CEO of Parley] is a rare man. His quest and imaginative and prescient to scrub up the oceans, our planet’s respiratory coronary heart, is essential to our survival. In these darkish instances, the work of Parley is a formidable ray of sunshine and a beacon of hope. We’re past proud and excited to be a part of this enterprise.”
