It’s really quite remarkable that the British Fashion Council and the Council of Fashion Designers of America have joined forces to outline a new future fashion system.
The key is a slower system, that’s fairer for designers (less relentless churn and burnout) and press (fewer fashion weeks to attend), as well as better for the environment (an overall reset on consumerism). The ‘reset’ suggests going back to only two collections a year (more…)
The Business of Fashion has a story on the future of fashion media, highlighting the struggles for magazines of operating with smaller ad revenues then ever.
There will for sure be casualties but those will likely have been coming for a while. There is just too much content out there and especially now, more short form video, memes, social media and digital newsletters than ever.
I expect the legacy players may go for reduced frequencies of print publications, both to alleviate pressure on printing businesses operating with reduced capacity and in response to market interest. (more…)
“Part of our experience as fashion people, as creators, as designers, as editors, is that there’s a huge creative process which involves everything from meeting people – new girls, models, photographers – and creating. And creating isn’t done in a vacuum or a bubble. It might be done in the bubble of our world, our fashion world, but it’s the stimulation of the entire world that is the catalyst that gives us the drive and the energy and the passion to create.” (more…)