Image courtesy of theguardian.co.uk
The Yves Saint Laurent jacket inspired by Vincent van Gogh’s “Irises”recently sold at a Christie’s auction for $420,000 ($380,000 euros). The jacket was expected to sell for $80,000- to $120,000 euros; however, sold for much more. The jacket was bought by the National Gallery of Victoria in Melbourne, Australia.
The jacket was from Yves Saint Laurent’s spring 1988 collection and reportedly worn by Naomi Campbell. According to Yves Saint Laurent museum website, The bright yellow and orange jacket took haute couture embroiderers Maison Lesage more than 600 hours to stitch by hand.
Before auction, the jacket was owned by one of the richest women in the world, Lebanese-born entrepreneur Mouna Ayoub. And this sell makes the “Sunflowers” jacket the highest amount paid at auction for a French designer.
Image courtesy of apparelresources.com
Japanese shutdown
At the end of December all American Eagle and Aerie stores will close in Japan. Aoyama Trading Co., the Japanese licensing company that launched Aerie and American Eagle stores in Japan in 2013 under its franchise Eagle Retailing, has decided to focus its clothing directives on business wear.
Aoyama Trading’s licensing agreement will end with American Eagle at the end of December. All stores will close by December 18 with the Japanese e-commerce site shutting down on December 31.
Image courtesy of flickr.com
Another one bites the dust
The Italian version of Glamour is shutting down with the December/January issue being the last issue. Condé Nast is shutter Italian Glamour after the magazine being in existence for 27 years.
“My main concern now is to create products able to accompany our public in the future,” says Fedele Usai, CEO of Condé Nast Italy in a fashionweekdaily.com article. “We have to take hard decisions, including closing a storied title like Glamour, which has always talked to an audience that, now and even more in the future, accesses contents in very different ways than in the past.”
The closing of Italian Glamour is a clear indication of how fashion and beauty publications are still struggling globally with international versions of Vogue, Glamour, and Harper’s Bazaar closing in various countries over the past few years. One wonders how the major versions of these hallowed behemoths are surviving!!
William S. Gooch
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