This week, fashion offered a series of exciting collaborations and a number of executive changes. At the top, Miuccia Prada and Patrizio Bertelli stepped down as co-CEOs of the Prada Group, and Steve Rendle officially stepped down as CEO of Vans, Supreme and The North Face’s parent company, VF Corporation. Elsewhere, Gucci has offered something to look forward to, revealing that it will hold its Cruise 2024 show in South Korea in May next year. And on the collaboration front, Dickies has teamed up with Gucci Vault and Denim Tears has sparked talks with two joint collections, one with Stüssy and one with Dior.
Below, Hypebeast has rounded up the week’s top fashion stories so you can keep up with industry trends.
Miuccia Prada has resigned as CEO of the Prada Group
Miuccia Prada and Patrizio Bertelli quit this Thursday as co-CEOs of the Prada Group.
Fashion Businesses reported that the luxury fashion house group is proposing Andrea Guerra, former Luxottica CEO and LVMH hospitality executive, for the top job. Guerra’s appointment will reportedly be confirmed in January 2023 during a board meeting. The Prada Group is also looking to appoint a new CEO for its flagship Prada label, with signs pointing to the Americas CEO of LVMH’s Christian Dior Couture division, Gianfranco d’Attis.
Don’t worry: Mrs. Prada will remain the creative director of Miu Miu and the co-creative director of Prada alongside Raf Simons.
Gucci has revealed that its Cruise 2024 show will take place in South Korea
Gucci has revealed that it will bring its Cruise 2024 show to South Korea.
The exact location has yet to be announced, but the show itself will celebrate the brand’s 25 years in South Korea. Gucci first landed in the country in 1998, when the brand opened its flagship store in Seoul.
Last month, Gucci had planned to hold its repeat show in Seoul, but due to the tragic crowd rush that occurred on Halloween, the label canceled the performance and pledged a three-year donation to restore and preserve Gyeongbokgung Palace.
The Gucci Cruise 2024 runway show will begin on May 15.
Steve Rendle has resigned as CEO of VF Corporation, the parent company of The North Face and Supreme
Steve Rendle has officially stepped down as CEO of Vans, Supreme, Timberland and The North Face parent company, VF Corporation.
According to a press release, VF Corporation will initiate a CEO transition as Rendle retires as chairman, president and chief executive officer. Benno Dorer has been appointed interim president and CEO, effective immediately. In the meantime, Richard Carucci, who has served as an advisor to the Board since 2009, will become the interim Chairman of the Board.
In a statement, Dorer said: “The Board thanks Steve for his many contributions and leadership during his nearly six years as CEO and nearly 25 years with VF. Steve’s commitment to the business, passion for building strong brands and focus on culture have helped VF evolve our portfolio of strong active lifestyle brands and establish VF as a purpose-driven company. We wish Steve the best in his future endeavors.”
VF Corporation is actively seeking a CEO to replace Rendle.
Shein has been named the most popular brand in the world
As fast fashion continues to drive trends with cheap clothing, controversial Chinese brand Shein has been named the world’s most popular brand in 2022.
The brand, which was founded in 2008, has also been named the most searched clothing brand on Google in 133 countries around the world. For context, the brand earned $10 billion in 2020, while competitors ASOS and Boohoo earned $4.4 billion and $2.4 billion, respectively, that same year. Today, Shein is valued at $100 billion, making it the largest digital fashion company in the world. Euromonitor.
Shein is known for her series of controversies. On several occasions, the brand has blatantly stolen design concepts from independent designers. If that wasn’t bad enough, the brand also maintains inadequate working conditions in China, putting employees through 75-hour shifts with very little time off, and has reportedly failed to adequately compensate its employees.
Jerry Lorenzo detailed a new direction for Fear of God x adidas
Jerry Lorenzo, founder and designer of Fear of God, provided an update on his brand’s partnership with adidas.
Following the unveiling of adidas Basketball’s “Remember the Why” campaign last week, Fear of God’s Instagram account shared a statement noting that the upcoming drop is not affiliated with the aforementioned partnership. The statement confirms that the collaboration will have a broader focus on the Fear of God Athletics line.
Jerry Lorenzo and Fear of God are not involved or connected with adidas Basketball’s “Remember The Why” campaign and collection launching this holiday season. The partnership between adidas and Jerry Lorenzo has evolved over the past two years to focus on the creation and development of Fear of God Athletics.
Intended to maximize the opportunity with Fear of God Athletics, this no-holds-barred focal point will provide Fear of God and adidas with the ability to deliver an uncompromising, unparalleled performance vision that will transcend both sport and fashion.
Both houses look forward to sharing more in the first half of 2023 and remain excited about the vision of our collective partnership.
Denim Tears reconnects with Stüssy for another clothing collection
Following a partnership with OUR LEGACY that included apparel collaborations in 2021 and earlier this year, Denim Tears and Stüssy have come together to create an additional apparel collection.
Stadnout styles include a jacket and matching jeans, which come in light and dark washes with Stüssy branding and Denim Tears floral motifs. There are also iterations of comfortable jerseys, one of which features the African American flag on the left sleeve, and a quarter-zip sweater that features the lettering “Jamaica Queens” across its front.
The collection is available to buy at selected Dover Street Market locations and the Stüssy webshop.
Dickies got a luxurious makeover with Gucci Vault studs
Dickies has partnered with Gucci Vault to create a high-end capsule collection of reworked staples.
Within the collection, Gucci revamped the Eisenhower jacket and 874 pants with luxurious studs. The characteristic cotton and polyester twill forms the basis of the construction of both silhouettes, but studs elevate the ensembles with a zigzag pattern in different sizes. In addition, the collection includes shorts and a work shirt, for more casual dresses.
The collection goes well beyond the typical Dickes price range, ranging from $985 to $7410. The range is now available exclusively through Gucci Vault.
Dior launched a “Dior Tears” campaign in Fall 2023 with Denim Tears
Dior has revealed the full lookbook for its collaborative range with Tremaine Emory’s Denim Tears. The project comes after several collaborations led by Kim Jones, including those with Eli Russell Linnetz, Shawn Stussy, sacai, KAWS and Daniel Arsham.
Dubbed “Dior Tears”, the range pays tribute to black artists and creatives, such as James Baldwin and jazz trumpeter Miles Davis. Among the designs, the line features varsity jackets and shirts with fuzzy iconography, vests that reference basketball jerseys, and mohair sweaters.
“I want to share that moment, that beautiful moment when black writers and musicians and artists came from America, fled America and found some level of acceptance in certain European cities and could have their art respected and who they are respected,” said Emory . “It wasn’t perfect, but it was just a moment, a beautiful moment for black people to have the privilege and the opportunity to escape the terror, the horrors of America, a segregated Jim Crow America. Artists like Miles Davis and writers like James Baldwin found refuge in Paris”.