April showers bring May flowers, or so we hope. Spring has sprung, and it’s time to debut the spring transitional pieces. If you’re inside on a rainy spring day, why don’t you enjoy a nice, warm cup of tea because Fashion Reverie has plenty of fashion gossip to pour over., There’s plenty going on in fashion behind the scenes, and as usual, Fashion Reverie has the scoop.
Image courtesy of thestandard.com
Hard times ahead
All isn’t well at this publishing house. They recently lost one of their top editors, and employees have been forced to return to work four days a week with a one-day work-from-home option. This is a change from their previous three-day in-office and two-day work-from-home model. Several of their publications are also struggling to hit their benchmarks and traffic goals. It might be time for a shake-up of the top ranks at this company.
Get it together
Pat McGrath may have quickly turned her eponymous line, Pat McGrath Labs, into a billion-dollar business, but how the mighty have fallen. Her company has lost billions in valuation and has laid off staff left and right. The brand has been heavily criticized for product quality concerns as well as poor customer service. Orders have gone unfulfilled, and the company is slow to respond regarding customer service issues. Hopefully, the company will find a way to get it together soon.
Major moves
This major fashion designer, who previously was the creative director of two major fashion houses, is reportedly on the short-list for Balenciaga’s next creative director. Demna Gvasalia has left Balenciaga to become creative director of Gucci. Note that both Gucci and Balenciaga are owned by luxury conglomerate Kering, which also owns Alexander McQueen, Bottega Veneta, and Saint Laurent. If the rumored designer in question takes over Balenciaga, expect some couture sensibilities and a return to Parisian extravagance.
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Sometimes you are in, sometimes you are out
This top fashion editor returned from Paris Fashion Week to find out she had been laid off from one of the most covetable jobs on the media side of fashion. She was a larger part of a bigger round of layoffs at this company, which despite its strong revenues, is still struggling with its digital traffic and online revenue goals. No one is safe from the ax in this media landscape.
Kristopher Fraser
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