Business of Fashion

Next-gen luxury – all change at the top



Off-White X Rimowa clear case

It will be interesting to see the evolution of legacy luxury houses as a new generation of company leaders takes over. Rimowa (now owned by LVMH) has placed 26-year-old Alexandre Arnault (son of LVMH CEO Bernard Arnault) at its helm and is already attracting millennials with its recent Supreme and Off-White collabs (I quite like the Off-White see-thru case). LVMH also just installed another son, Antoine Arnault in a role managing image and communication for the conglomerate.

And news just in, Miuccia Prada’s 30-year-old racing driver son, Lorenzo Bertelli joined Prada last September as head of digital communications. (more…)



Quote of the day: Fabien Naudan, Artcurial



Artcurial street culture auction New York Times

“In 2018, we need more than just classical notions around what constitutes culture to show where we are today. Sneakers, records skateboards, T-shirts — all these everyday items first appropriated by brands like Supreme and now, in turn, being appropriated by high culture, music and fashion players — are becoming major social markers. (more…)



Quote of the day: Virgil Abloh



virgil abloh louis vuitton artistic director
“Product is only one part of the luxury narrative. I want to use Louis Vuitton’s history with travel to really look at different cultures around the world to help make all our humanity visible. When creativity melds together with global issues, I believe you can bring the world together. Fashion on this level can really open eyes.”
Virgil Abloh, on his appointment as menswear artistic director at Louis Vuitton, New York Times (more…)