Feb
 15
 2018



Christopher

Hi,

The latest edition of New York Fashion Week has concluded, Moncler has rounded up a Great Eight for its future collections and stores are finally catching on to the fact that singles also have plenty of spending power on February 14th. Please enjoy this midweek edition of The Spin and – as always – feel free to share. Best, Christopher



brands

That's a wrap. An especially long 10-day edition of New York Fashion Week concluded last night with the Marc Jacobs show which was all about retro-inspired oversized silhouettes served up in a vibrant color palette. Another headline making show was Raf Simon's one for Calvin Klein (paywall) on Tuesday night, which took place on the floor of the American Stock Exchange that was covered in 50,000 gallons of popcorn. Some top trends to emerge from NYFW included animal prints, purple as a key color and 1990s sci-fi looks being rebooted.


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Genius group. Iconic Italian outwear brand Moncler has a new design strategy and has recruited an impressive octet to implement it. Called Moncler Genius, the new program will consist of a new collection that will drop every month rather than seasonally. Each monthly collaboration will be designed by a different fashion bigwig. The new project will debut at Milan Fashion Week on February 20.



A dinosaur roars back. Shares in the watch brand Fossil Group soared 79 percent yesterday after it reported a 2 percent rise in quarterly sales despite predictions of a 6 percent drop by analysts. The rally happened after the company said that sales of smart wearable devices have nearly doubled last year to $300 million. However, despite the rise, some Wall Street prognosticators still lack confidence in Fossil's future.





markets

Priced up. In a sign that inflation is probably on the rise, the US Labor Department reported yesterday that apparel prices in the US rose 1.7 percent last month, the biggest increase in three decades. The price of women's apparel also broke records. It increased 3.4 percent in January. The swell is due, in part, to improved sales at up-market retailers.



Delayed delivery. Although India's Textile Ministry is working to create a National Textile Policy that hopes to achieve $300 billion in exports by 2024-25 and create 35 million new jobs, it is still not ready according to textiles minister Smriti Irani. The ministry has also recently taken action to create more textile-related jobs in northeastern India.





retail

Love thyself. With Asia's Singles' Day emerging as one of the world's largest retail happenings, US retailers such as Walmart are realizing that yesterday's (literally) Valentine's Day marketing doesn't just have to be about coupling. It and other retailers such as Victoria's Secret are rebranding the red-roses holiday to one where one should treat oneself (or platonic pals) to gift and toast his or hers own self-worth.





people

London loner. Speaking of singles, Vidhi Wadhwani, an Indian designer known for her cuts and draping, will be one of the few Indian and Asians to show at London Fashion Week, which begins on Friday. Her f/w 2018-19 collection, called "Solstice," will be unveiled that day at Freemasons Hall.







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