Image courtesy of cfda.org
On September 14, the CFDA will hold its annual CFDA Awards. Postponed from earlier this year, the CFDA Award winners will be announced on cfda.com and the CFDA media platforms.
“In this time of unprecedented challenge and change for our industry, we feel very strongly that it is important to recognize the nominees representing the best of fashion creativity,” said Tom Ford, chairman of the CFDA, in a statement, as reported on harpersbazaar.com. “We look forward to returning to an in-person celebration honoring the American fashion industry in 2021.”
There are no great surprises with the CFDA Awards nominees this year. This year’s nominees are designers/brands that have nominated in past or won before. And though the CFDA released a press release in June in support of Black Lives Matter and vowing to support designers of color, especially black fashion designers, the CFDA has not named any new black fashion designers to their list of nominees this year.
The list of nominees this season include, but are not limited to, the following:
American Womenswear Designer of the Year
Marc Jacobs, Tom Ford, Ashley Olsen and Mary-Kate Olsen for The Row, Gabriela Hearst, and Brandon Maxwell
American Menswear Designer of the Year
Kerby Jean-Raymond for Pyer Moss, Thom Browne, Emily Adams Bode for Bode, Todd Snyder, and Tom Ford
Global Men’s Designer of the Year
Craig Green, Dries Van Noten, Jonathan Anderson for Loewe, Kim Jones for Dior, and Virgil Abloh for Louis Vuitton
Global Women’s Designer of the Year
Daniel Lee for Bottega Veneta, Dries Van Noten, Miuccia Prada for Prada, Pierpaolo Piccioli for Valentino, and Rick Owen
Image courtesy of dezeen.com
Trouble for Stella
The COVID-19 pandemic is causing Stella McCartney to restructure her company. The company is a part of LVMH’s cohort of brands, and this restructure will include workforce layoffs, salary cuts, and store closures, as reported by WWD.
Launched in 2001 by Stella McCartney through a joint venture with French luxury holding company Kering, McCartney bought back Kering’s controlling interest in the brand in 2018. After experiencing financial losses of 10.8 million dollars in 2018, McCartney got an investment of cash and a minority share from LVMH in July of 2019.
With the slowdown of sales and slow opening of stores due to the COVID-19 lockdown, the brand is now forced to reduce salaries “for an extended period” and McCartney has decided to forgo a salary. McCartney’s network of 50 stores will be reduced through the conversion of certain stores into franchise locations and partnerships with wholesale distributors.
Image courtesy of broadway.com
Erika Jayne cleans out her closet
“Real Housewives of Beverly Hills’” Erika Jayne has partnered with Vestiaire Collective to sell 50 items from her wardrobe. Vestiaire Collective is an online site that sells pre-owned luxury clothes and accessories.
Some of the pieces that will be sold from Erika Jayne’s collection include Moschino, Alexander McQueen Balmain, Rodarte, and more with prices ranging from $200 to $3000. “Whether on camera or not, I am always drawn to theatrical looks,” Jayne says. “Obviously, showtime is showtime! When I’m at home, things are a little less dramatic.”
—William S. Gooch
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