Connect with us

Fashion

Glenn Martens confirmed as new creative director

Published

on


Published



January 29, 2025

Maison Margiela has announced Glenn Martens as its new creative director, succeeding John Galliano and confirming the widespread speculation of recent days.

Glenn Martens

Renzo Rosso, chairman of parent company OTB hailed his talent after having worked with him for a number of years in his role as Diesel creative chief.

It means he steps into the hotseat previously occupied by two of the fashion world’s most influential designers — the notoriously publicity-shy house founder Martin Margiela and more recently the sometimes-too-publicity-hungry John Galliano — and there’s a clear opportunity to reshape the label in his own image.

Margiela established his label as minimalist with a twist, while Galliano moved it towards more of an extravagant positioning, and there’s a chance Martens could shift it back to the quirky ‘Antwerp style’ for which it was known under Margiela. But the couture element will remain.

Rosso highlighted how Martens studied at Antwerp’s Royal Academy of Fine Arts and “like Martin, has already shown his prowess and his vision in couture”.

Martens himself didn’t give any clues, simply saying that he’s “extremely honoured to join the amazing Maison Margiela, a truly unique house that has been inspiring the world for decades. And I thank Renzo for the trust he is putting in me”.

Martens has a powerful track record and once worked with Jean Paul Gaultier. He creatively led the now-defunct Y/Project but left after 11 years in September last year. He remains creative director of OTB’s Diesel label, his CV showing his skill at both a higher-end designer level and a more premium commercial one.

In an interview last year, Rosso praised him both for his couture sensibility and ability to tell a story with each individual piece he creates.

OTB has held a controlling stake in Margiela since 2002 and after the founder stepped back in 2009 the label was designed by a collective team. Galliano was appointed in 2014, with Rosso helping him back to the fashion spotlight after his infamous Paris cafe meltdown and his resulting exit from Dior.

He justified Rosso’s faith with a series of well-received collections and his spring 2024 Maison Margiela Artisanal couture offer was one of last year’s most praised collections.

Martens meanwhile joined Diesel in 2020 and has been widely praised for his work there, helping it both aesthetically and commercially with sales having risen strongly, particularly among the key younger demographics. 

Copyright © 2025 FashionNetwork.com All rights reserved.



Source link

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Fashion

Hoka-parent Deckers Outdoor’s forecast disappoints despite solid holiday quarter

Published

on


By

Reuters

Published



January 31, 2025

Deckers Outdoor on Thursday beat third-quarter sales estimates on robust holiday demand for its Hoka running shoes, but an in-line annual forecast caused the footwear maker’s shares to tumble 17% in extended trading.

Ugg

Hoka shoes with their oversized soles have been gaining market share from brands such as Nike in the sportswear category. The brand, which retails for up to $300 in the United States, have also enjoyed full-price sales.

This drove up the company’s third-quarter revenue by 17% to $1.83 billion, beating analysts’ average estimate of $1.73 billion, according to data compiled by LSEG. Deckers also raised its annual net sales forecast for a second time this year.

“The guidance looks pretty conservative and considering the beat, it’s bit of a negative read into the out quarter,” said Drake MacFarlane, analyst at MScience.

The popularity of the Hoka shoes and the success of the company’s Ugg boots and sandals has helped it post double-digit revenue growth for nearly seven quarters.

The company now expects annual net sales to increase about 15% to $4.9 billion, compared with its prior expectation of about 12% growth to $4.8 billion. Analysts estimated an increase of 14.9% to $4.93 billion.

Deckers expects annual earnings per share of $5.75 to $5.80, compared with its prior forecast of $5.15 to $5.25.

© Thomson Reuters 2025 All rights reserved.



Source link

Continue Reading

Fashion

Amazon ramps up ad spending on Elon Musk’s X, WSJ reports

Published

on


By

Reuters

Published



January 31, 2025

Amazon.com is increasing its advertising on billionaire Elon Musk’s social media platform X, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

Reuters

The major shift comes after the e-commerce giant withdrew much of its advertising from the platform more than a year ago due to concerns over hate speech.

In 2023, Apple also pulled all of its advertising from X and has recently been in discussions about testing ads on the platform, the report said.

Several ad agencies, tech and media companies had also suspended advertising on X following Musk’s endorsement of an antisemitic post that falsely accused members of the Jewish community of inciting hatred against white people.

Monthly U.S. ad revenue at social media platform X has declined by at least 55% year-over-year each month since Musk bought the company, formerly known as Twitter, in October 2022. He had acknowledged that an extended boycott by advertisers could bankrupt X.

Musk has become one of the most influential figures following President Donald Trump‘s re-election. He now leads the Department of Government Efficiency, which aims to cut $2 trillion in government spending.

© Thomson Reuters 2025 All rights reserved.



Source link

Continue Reading

Fashion

Ferragamo’s sales down 4% in fourth quarter, sees “encouraging results”

Published

on


By

Reuters

Published



January 31, 2025

Italian luxury goods group Salvatore Ferragamo said on Thursday its revenue dropped by 4% at constant currencies in the fourth quarter, flagging “encouraging results” from its direct-to-consumer sales which were overall flat in the last three months of the year.

Ferragamo – Spring-Summer2025 – Womenswear – Italie – Milan – ©Launchmetrics/spotlight

Sales in the North American region, which accounted for 29% of total revenue, were up 6.3% in the quarter.
However, the Asia Pacific area saw a 25% drop in revenue at constant exchange rates.

The slowdown in global demand for luxury goods, especially in China, has made the group’s turnaround harder.
Overall preliminary revenues reached 1.03 billion euros in 2024, in line with analysts’ estimates, according to an LSEG consensus.

“January shows an acceleration in our DTC channel’s growth, albeit supported by the different timing of the Chinese New Year and a favourable comparison base versus last year”, Chief Executive Marco Gobbetti said in a statement.
 

© Thomson Reuters 2025 All rights reserved.



Source link

Continue Reading

Trending

Copyright © Miami Select.