Fashion News Alert: Karlie Replaces Heidi, Sears Prepares for Bankruptcy, Prabal Gurung Looks to Asia

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It was revealed in September that Tim Gunn and Heidi Klum are leaving “Project Runway.” They are developing a new fashion reality show for Amazon Prime Video. What was not revealed was who was replacing Heidi Klum. (Wagging tongues have intimated that Michael Costello is replacing Tim Gunn. Not true!!)

Well, Fashion Reverie has the tea!! Karlie Kloss will be replacing Heidi Klum as host and executive producer. Kloss will be joined by “Project Runway” Season 4 winner Christian Siriano as contestant mentor, designer Brandon Maxwell, and teenVogue editor-in-chief Elaine Welteroth, who will both be judges.

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Prabal Gurung promotes diversity

For its fall 2018 campaign, Prabal Gurung hired a cast of Asian models. Entitled “A love letter to our home, the East,” the model lineup includes Varsha Thapa from Nepal, He Cong from China and Hyun Ji Shin from South Korea.

“Given our current political and social climate, I believe that strong visual representation for minority groups is more important than ever,” Gurung told fashionista.com. “For as long as I can remember, I’ve believed minorities need a seat at the table to be seen, heard, and counted. While our industry is making some progress with the way we cast our campaigns and shows, it is equally important that our behind the scenes teams be represented as well, an idea that is often forgotten.”

Inspired by the Far East, Prabal Gurung’s fall 2018 collection is an ode to Eastern artisanal practices and crafts made evident in the collections mandala-inspired and hand drawn graphic prints, hand cut fringe, hand knit sweaters, and hand embroidered sweaters, paillettes and pearls. Bravo, Prabal!!

Photo courtesy of CNN.com

Another big retailer is about to bite the dust

Sad, but true, mega retailer Sears is preparing to file bankruptcy as early as this Friday. As the world’s largest retailer, things look grim as Chapter 11 bankruptcy is in the works as the company’s stock plummeted down 27 percent to 43 cents a share. A decade ago the company’s stock was worth $100 a share.

The Wall Street Journal has reported that Sears has hired M-III Partners LLC to assist with bankruptcy proceeding before a $134 million debt payment is due early next week. Over the past year in an attempt to avoid bankruptcy Sears sold off its Craftsman tool brand to power toolmaker Stanley Black & Decker for $900 million.

—William S. Gooch

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