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Why isn’t America more Like Josephine Baker?

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January 28, 2025

There is a certain idea that France has of America, and the French have of themselves, that was at the heart of a charming and elegant Stephane Rolland show, whose inspiration was Josephine Baker.

Stephane Rolland – Spring-Summer2025 – Haute Couture – France – Paris – ©Launchmetrics/spotlight

And as much about her heart as her art. In a collection dedicated to the American singer and dancer’s exceptional humanism. Seen in a memorable collection presented inside concert theatre Salle Pleyel. First Lady Brigitte Macron leading the applause at the finale.
 
In a week when the Trump administration has begun destroying all diversity, equity and inclusion (DEI) programs in the U.S., this was a reminder that the most loved American in Paris fashion will always be Baker. A Black American woman who adopted a dozen children in a multiracial family during her long life in France. Creating a school for them in her rural chateau.

Baker arrived in France in 1925, one of the first American women of color to move there. Escaping the racism and segregation of her native St Louis where she saw Black families burnt out along the banks of the Mississippi. Nicknamed the Black Venus, she went on to become a singer, cabaret and film star, famed for erotic dancing. Hemingway called her: “The most sensational woman anyone ever saw.”
 
During WW2, she bravely worked as a spy for the French Resistance and the Allies; and then became actively engaged in the civil rights movement – the only woman speaker, dressed in her Free French uniform, who spoke with Martin Luther King at March on Washington in 1963.

Stephane Rolland – Spring-Summer2025 – Haute Couture – France – Paris – ©Launchmetrics/spotlight

Rolland, a subtle creator, blended Baker’s chutzpah and pizzazz with one of her contemporaries, sculptor Constantin Brancusi. The result was a very distinct collection, that blended anatomically shaped silk gowns and columns suggesting exotic birds, with geometrical jackets and tops worn with broad shouldered gowns worthy of an imperial goddess.
 
One inverted V-shaped top in burnt cock feathers with a matching hat was Paris couture at its best. While a gleaming gold breastplate riffed on Brancusi’s most famous work, The Bird. The print-free palette was muddy brown, silver, russet and lots of white.
 
Baker’s legacy is also apparent in France’s Maison des Adolescents (MDE), where teenagers are accompanied to find good careers. Rolland has held Awakening Workshops with these MDE kids and brought them to ESMOD, Paris’ leading independent fashion school. Many other creatives – from filmmakers Claude Lelouch and Marilyn Fitoussi to la Comédie Française and the Opera de Paris – undertook similar initiatives. And marched from the runway to the front row to open the show.
 
Baker would surely have approved, as did this audience – 700 of whom had paid entrance fees to support these noble efforts. And to think that the same day CNN is reporting that Trump has initiated a freeze on all foreign aid. 
 
Baker would not have liked that, at all.

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Fashion

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

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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.



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

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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.

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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.



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

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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.



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