Mar
 29
 2018



Ulrike

Hello,

Happy Thursday and welcome back to The Spin! Today we check out, which female designer is going to take over full control of her brand, and which modest influencer from Kuwait surprises with her strong streetwear edge. We also tell you, how Donald Trump's tirades might have tanked Amazon's stock. Enjoy the read and feel free to share! Best, Ulrike



people

Doing it by herself. Stella McCartney is buying back (press release) Kering’s 50 percent stake in her brand, making her one of the few female designers fully in control of their brand. McCartney's contract with the French fashion conglomerate, which lasted 17 years, allowed her to re-purchase the stake by March 31. Not all ties will be severed, though. McCartney will remain (paywall) on the board of the Kering Foundation and will also continue to work with Kering on environmental issues.


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Modest edge. What sounds like an oxymoron is exactly the style, Kuwaiti model and influencer Ascia Al Faraj brings to her audience of 2.3 million Instagram followers. Sporting a nose ring, tattoos and funky street labels like Off-White, the 28-year-old already worked with Kenzo, Tag Heuer, Aigner and Riva and now plans to launch K-Beauty retailer Seoul Kool in the Middle East.





tech

Collision course. Since his election, Donald Trump has been hostile towards Amazon and its founder, Jeff Bezos, who also owns the Washington Post. Rattled by Facebook's current data scandal, tech investors now fear that the US President might hit Amazon with anti-trust, regulatory and potential tax ramifications, dipping its stock 4.4 percent and erasing more than $30 billion in value.





markets

Sneaker status. Over the next five years, sales of sports shoes are going to grow about twice as fast as regular footwear. Performance sneakers are putting on the fastest, making this one of the top must-have categories for any shoe retailer. Sparked by growing consumer interest, luxury brands like LVMH are getting in on the game. Following the lead of Adidas and Nike, they put out shoes intended to turn into full-blown status symbols.



Ready, or not! Three days before its start, the very first Arab Fashion Week Riyadh was unexpectedly postponed. According to officials, there was just too much international interest, which could only be accommodated by taking additional time. Western models and journalists allegedly had problems getting visas. But there was also talk about a pushback from the Saudi royal family, begging the question, if Saudi Arabia is ready for its own runway shows.





retail

Honey, I shrunk the store. For future growth, US department store chain Kohl’s is betting on smaller locations. At about half the size of regular stores and with a much leaner assortment, they are cheaper to operate and promise a better return on investment. Kohl’s currently operates twelve (image gallery) of those new formats, additionally adapting larger stores by bringing in sub-tenants like German supermarket chain Aldi.





brands

Plein rebel. The Daily Front Row has announced the honorees of this year’s Fashion Los Angeles Awards, naming Coach’s Stuart Vevers Designer of the Year and Jeremy Scott Creative of the Year. The title of Fashion Rebel goes to Philipp Plein, while Jamie Mizrahi at Juicy Couture is honored for Best Design Debut. The entire list is published here. The 4th annual Fashion Los Angeles Awards will take place on April 8 at the Beverly Hills Hotel.





last

Wondrous waste. Eileen Fisher will present a Waste no More installation during Milan’s upcoming Salone del Mobile (April 17-22). Co-curated by Li Edelkoort and Philip Fimmano, who hope to spark lots of conversation, the exhibit will feature ingeniously reworked textiles. The team aims to "confront visitors with the reality of society’s discarded clothing, while demonstrating the inherent aesthetics of recuperated materials".







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