4 Burst results for "Saint Laurent Balenciaga"
"saint laurent balenciaga" Discussed on The Business of Fashion Podcast
"Louis vuitton have been reticent about the luxury resale sector steering clear of the growing market for secondhand goods but in recent months the cold relationship has begun to thaw somewhat as more fashion brands begin to experiment with resale and strike partnerships with key resell players like the real real. Invest your collective. But this week things in the luxury resale sector took a really big step forward. Good morning days. French take paris based luxury. Resale startup. best year collective announced that had raised a new one hundred and seventy eight million euro financing round led by tiger global and carrying one of the largest luxury groups in the industry and owners of saint laurent. Balenciaga alexander mcqueen among others. Do kidding you know carrying new stake. Ultimately amounts to only a five percent stake invest your collective as our paris based correspondent robert williams reported in his professional analysis on the transaction. It is the strongest signal yet that the luxury sector is finally realising it has little choice but to engage with hand marketplaces. that are selling their goods. I spoke to vest their collective ceo. Max bittner to get his take on what has changed over the last year. That has motivated luxury. Industry leaders like caring finally dip their toes into the fast-growing resell market carrying the old industry has made a dramatic shift over the last six to twelve months in much more open towards second homes. I think it's very important to clarify that. I think if. I look at the last two years since i've joined the conversation we were having two years ago. Have nothing to do with the conversations we had even last week before the announcement of the deal and the investment of caring noticing that this is not a short term trend. Is this something consumers are looking for this. As something especially on consumers are expecting from the brands they won't to endorse so so i think both us and the brands are realizing consumers. Expect this in some sort of way and if you think about why that has happened is obviously consumers are much more focused on sustainability but i think the luxury players have just realized that we're not really a competitor. We're not really trying to take market share from them but exactly the opposite. We're actually paying marsh to luxury by having these wonderful products for sale at a real value after six twelve months or five six seven ten years. Yeah again many products talking about are expensive products in the primary market. You have to think about what these products have a residual value after six twelve eighteen months or two three four years..
"saint laurent balenciaga" Discussed on Pop Fashion
"She runs fashion in this country. Essentially she could do whatever she wanted. A lot of. This is about who she excluded up until very recently it's too. I really feel like it's time for a change. Yeah and and if you want it to exhibit the change that you are vowing to present wouldn't the noble thing be to say let's promote someone else to this role. Let's give someone else voice in this role that you're creating besides me anybody. Anna and here's think company is not doing well it you know. They're struggling subscribers. They've laid off people in several rounds this year and in earlier years. We've discussed it on this show. And i don't know if she is the exhibit of business success anymore volk has made some decisions recently about specifically what their covers about focusing on different body types people of color gender fluidity so they are kind of embracing this but it took people getting really angry to make that change and so instead of leading the way they were kind of forced into it which really bothers me. It wasn't until after people started protesting in the streets this summer. The anna torset. Anything like good for you lady but like you don't need that job as struggling with it the i am you you already run everything just do the gala at the matt do the thing the one thing that we care about every year. Just let somebody else take over the magazine. Okay okay justice suggestion more thoughts. But i think i can only wrap my head around that for tonight's action only get mad at so many things in one calendar day please no. I'm changing course on this entire episode. You have to do the fashion crime next. Fasching be read so this is true. Caring is being investigated for financial crimes. Those are my favorite crimes. At least you're gonna love this story. Oh man alpers racketeering his brady close okay so caring is a conglomerate that owns many important fashion labels including gucci saint laurent balenciaga alexander mcqueen etc. Luxury group is being investigated by financial prosecutors in france for quote aggravated laundering of tax evasion. Oh now as we go through this. You're going to have some questions. And i'm here to tell you right here right now. I don't have any answers. Okay i do not know what i'm telling. You is exactly what i know because it gets complicated into. Who's doing what and where they're doing it. Investigators are focusing on how a swiss logistic centre impacted the taxes at s. l. And balenciaga carrying said in a statement that quote refutes in the strongest possible terms all of the allegations tobacco up last year carrying agreed to pay one point two five billion euros as a tax settlement in italy related to the gucci label. I remember that yup in two thousand nineteen carrying agreed to transfer the majority of its logistic operations. That were then in switzerland to italy. The company was using switzerland as its international hub at that point and that became the center of tax evasion case so to back up a little bit more at the end of twenty seventeen. Italy conducted searches at gucci because they suspected that the label and its parent company were paying taxes in switzerland where taxes are lower on profits that were generated in italy. Got it what i think is happening. Is something similar is going on between switzerland and france about where they paid taxes and they're under investigation because of it it does not sound fun but they've already been through this similar type of investigation with switzerland and italy because of gucci. Yes right. And i read that the one point two five billion euros was like the most anyone has ever paid because of this kind of charge investigation young. Yeah that's it. They're.
"saint laurent balenciaga" Discussed on Fat Mascara
"They put a call into mother locks Yvonne Yvonne Kevin Kwan loads more and full disclosure guys. He's also my really good friend. All welcome Krill really thanks for having me. I'm so happy you're here because I've been able to like you know admiring what you do and like seeing what you do from the start but I even ask you questions like about your business because it's so cool that you're really bringing a lot of the brands and products to life in a way that you know consumer boomer see and it just this kind of like a hidden industry but you're kind of like the wizard behind yeah when I always like Oh. We worked with schoolhouse a quite a few You guys are really hot right now but you started this company when I think people are GonNa die to note. When you're in your twenties yes late twenties late twenties? I love the caveat yes so just take us back a little bit. What did you do before starting this mega company before your thirtieth birthday okay so so I think we have to go back back back because I fell in love with beauty like growing up in the south going to ECKERD's getting like you know poor strips and all of that stuff I just like became obsessed with it was doing theater and ended up needing to make an extra like little bit of money and got a job at Sephora and Sephora was like five or six years in the US so it had like red carpets that we had to vacuum every night eight cases where make it gets so dirty yes and do you remember so before when they came in the US everyone beauty. Oh Jeez okay. This is a Sephora. Oh Gee we had to wear white gloves remember. This is the leave. It was one glove. Yes it was one white glove and that's how you would present product. I mean this is like I Love I absolutely love. This is kind of Mickey Mouse Slash Michael Jackson. I know very different. Sephora I mean and you know like a very very French and and I absolutely love it and I was you know kind of gave over my life to it but I was was like stocking shelves like cleaning and then they moved me to New York because they didn't know what else to do with me. In Georgia and I ended up leaving I spacing hey apothecary. Which is where I met Jess. Do you know that I didn't realize that you came to New York with Sephora realized that like a store manager at that point now I because because I never was great at sales like I was always like making up windows and like dressing the store cool but but like visual merchandising store design sewer experience. This was like not anything anyone talked about like it's not like Chris went to school for visual merchandising and you just you just frigging God in did it before yeah it took in New York and it took them and but again like store experience was nothing like it is now and they didn't know what to do with me so I left for spacing K. when it was coming to the the US was here that took me to London which is where I met you US and then before school house I was at fresh overseeing global design. Zayn inexperienced job at fresh fresh was I mean fresh is like has a special place in my heart. It's ex boyfriend girlfriend that you stalk on instagram. Even no you know with them anymore. but it was a huge you know it was when we grew at. Sephora we launched in Asia rerouted all of our stores in the US we launch launch back into Europe. It was a huge push for the brand and and honestly it was still very entrepreneurial like it. It was myself. Levin Lena a few other kind of VP's trying and do it all now it's totally different and so we really you know that was what kind of got me to a place where I had relationships and could feel like I could could start something on my own and and survive so when you were at fresh where you visual merchandising like building out stores yes so so did you put the sinks in the stores. Yes it's all that was pretty novel. Bull Yeah and those those actually the. I think that we found for fresh. That's in Union Square was actually in an old boy scouts like a bathroom kind of changing space and it's actually from London we've fluid over from London and that's what's in Union Square. Go by. That's that's it's words from very fabulous so now you're not just doing store. Experience schoolhouse does a lot of stuff on your website. It says you do brand re positioning and brand refresh. We wanted to talk talk about this because we feel like a lot of people just think. Oh you know Pat McGrath dude ourself urban decay as like. Let's build our little thing where all the testers are going to be but really. They're coming mean to people like you so. Let's let's talk about. Can you mean example of a brand. You've worked with where you've held them. Refresh yeah of course well. I mean I think like ultimately what we do. Every day is just kind of bring out stories from founders from brands. we bring them out through campaigns. We bring them out through social. We bring them out through stores and so it's really just kind of writing the book of that brand in all of the execution that we do and so. I think a great example and one that you know is super closest Cabinet Kwan. You know amazing makeup artist what was so special about. Kevin is that he we had this ability to touch pros and non pros alike you know he would could really speak to anyone and there's incredible stories about him being on the street showing someone how to do a perfect lipper perfect is in so when. Kevin passed away the brand sort of lost that Muzak needed for a little bit yeah and so some people didn't even know that who he was or that that he passed away yeah and so we see that's really a great opportunity. Where you go in and say okay we will not you now create this brand to hold onto the past? We're going to sort of take the energy that Kevin brought every day and manifest for the future and so that is kind of it's not so much or reposition. It's just kind of a rearticulating of the same thing but for today's customer with that involve making new products or suggesting to the company. Maybe you should should make this product. Yeah I mean I think it's I think the best projects that we do. It's allowing people to think a little differently. You know even founders. I think it's hard as a founder myself to kind of get out what your vision is and you sort of need people around you that can understand it and sort of say back to you and so that's what we do a law. You know we sort of a therapist. I really honestly because you don't really see. I feel that way at times to like you. Don't see yourself. Even even you know how it's even a I don't know if I'm being to Canada but like with our podcast like I'm always asking for people for feedback or what do you think of this or you know because because we're in it it's so hard to see how other bird's eye view exactly and I I do think you should not everything should be like. Oh how other people view me but you still need to know kind of what you're seeing off edgy and every that my mom's friend and I think beauty as incredible as it is to be beauty right now now. It's it's a very antiquated industry. You know it's how do you mean it. You know I think it's rested on its laurels for a really long time. We've had key players driving industry for for many years and we got a little safe. You know we had a launch on January. We had a launch in March launch and September whereas now paddle on something on a random Tuesday and it's a drop everyone goes crazy. I mean that kind of mentality is very new for this industry and that's kind of the exciting part of it in the scary part of it you you know we're sort of in this revolution time so let me talk to you about how the process this is really big picture and awesome and abstract but like okay. Let's say you meet with the founder and they're like. I don't know look tired and I know you guys do way more than the look but you know what does that process like Ju Backpedal and state will who are you. Do you make mood boards. What what is it like to work with schoolhouse yeah yeah. I mean it's a lot of listening I mean I think the best ideas is for brand building. Come out of the soul of that brand. I think beauty often looks elsewhere for inspiration. You know we hear a lot of All these people are doing that and these people are doing that. We have to do that again. I mean like let's be honest about the Fanta- launch with foundation now everyone's launching with fifty shades you know that it's it's this sort of metoo usage but yes yes the following verses the leading and and I think that's it. It's it's challenging aging because retailer sort of set it up that way. You know you have the big. Sephora an old tows that you know you go in and it's ten things that are new and every month you go in in something new so there is a challenge that the industry creates for itself in a way but we try to spend a lot of time really talking to that brand versus versus looking outside of the brand for inspiration because a lot of it is baked in either the brand and the person you know in one of the founding impulses that just kind of has to be rubbed in a new way to resonate again who should do like image consulting to feel like this is all very you know the this whole conversation is. It's not just about beauty. It's about like okay who are you and what are you trying to say. so when I think about visuals and and you know how a brand manifest our cultures become so much more visual especially because of instagram and beauty everything in agendas showed me earlier before the podcast a sunscreen scream that she is that we're talking about. No solid striped okay so yes. She showed me the solid and striped sunscreen. It's so it's made for instagram a lot of the skin care right now in a you can't do this kind of European spa line. You know just little tiny print. Everything is Punchy Punchy Punchy. What are the big trends that you're you're seeing well. It's funny because it really depends what of like region you're looking at. because what we're finding is we're doing a lot of work with brands and being born and bred in China and in actually in China that European look. That's not popular in North America is actually what people are after finally want this sort sort of scaled back minimalistic because as a culture they see that as luxury you know that's because there are you know learning from the European way of doing things in in North America. We've sort of like blown all of that up and it's just total maximalism everywhere you go and so it's interesting to see the waves of change and and I zinc you know as our own culture like we're going to start to find that will back away. Yes Sir anything you and you have brand founders in your office at the like we want to maybe bring some products. They like like we're thinking neon alphabetical and Malaysia. What trends are you Kinda like all right. We think moving them away. Yeah I mean I think I mean. The pink. Thing is like the elephant in the room. I mean yeah I mean. It's it's gotten out of hand. You know even for us. I mean we find ourselves like drawn to it in the work that we're doing and then we're like shooting into. Thanks I know I remember. We tried to make Gen Z. Yellow happen. Oh that never happened on that. Blush Pink and we're all trying to change the tone like no. Oh it's page. It's rose gold. No it's it's definitely you know the millennial. The has to go overdone when anything else that you're just like can we. I'm not I mean I think when you look at all the logo redesigns and it's just Saint Laurent Balenciaga. It's interesting because you you you. You find that sort of like redone redesign happening everywhere yeah okay. Let's so that's what we're talking about brands and what they look like on instagram. There's a lot of talk right now about in-store in store experience it takes a lot of people to get people into a.
"saint laurent balenciaga" Discussed on Pop Fashion
"Let's talk about Serena Williams. There's an article New York Times by Vanessa Friedman called. Serena Williams won't be silenced. Her clothes are doing the talking. And it said Serena Williams, tennis, outfits are political tool. And here's why the French Open started on Sunday on that day, Williams, wore her latest Nike outfit. It was designed by Virgil at blow. It was part of the Nike off-white, Perner ship, it was black and white striped had crop top a skirt. It also had a jacket that looks like a small Cape that she took off in which she played. It was really cool. It also had the words mother champion Queen and goddess on it in French last year. If you remember Williams wore. Catsuit to the French Open. We talked about it on this show. I was like, kind of like a body suit, right? Everyone lost their damn minds for her wearing this cat suit. She wore for specific reason to help prevent blood clots because she had just given birth. The French Open thirties, said it was a dress code violation and also kicked up a debate on what athletes should wear on the court. Specifically, what was expected of female tennis players. The US open that same year Williams played in a two, I think just to be like all gave you famine. It was awesome. It was also designed by Abbo and Nike. Serena Williams is not just one of the top female athletes in the world. She is one of the top athletes, period. So which she came out in this outfit. It was a great tennis outfit. But I also think there's something kind of. Pointed here where it said those words that described her not an English friend. She said in French, and I think that is part of an ongoing conversation. She's having about being an athlete fashion. And what is expected in this role that she is just subverting by being herself? And through the use of close. Yeah, if you're not a fan of Serena Williams, you can go away from me. Yup. If I remember correctly from last year at the French Open, a lot of the flack that she guy was from the French audience. Am I remembering that correctly, it was from the, the French Open forties? So it wasn't necessarily from the public, I suppose she got to mostly the pop goes on our side. It was mostly from the people who the very traditionally authority figures around that particular event because tell you, I love watching tennis, but is the most uptight sport y'all got, like all over the world. These uniforms, or does impractical. And I just don't understand any of it. Love the sport, hate the rules around. High got address there. I think here like Serena's speaking to exactly who she wants to speak to. Yeah. I think whatever like great like through both ripple. She's in with, like Virgil. Blow. And Nike is so great because of Virgil Abla will poke the bear, right? Yeah. And Nike's letting the two of them worked together to do it. And saying, we, we Stammheim this woman, and I love that relationship that they have in terms of design and apparel. Agreed. It's a great thoughtfully, right? Which I keep calling through everyone corrects me every time, which tells you that I'm not in one. Yeah. I heard it on shits creek. I'm still confused. Smother quick fashion news carrying has announced that it's going to stop hiring models under the age of eighteen the company owns Gucci. Saint Laurent Balenciaga, a host of other luxury brands and the new rule goes into effect for all of its brands next year. Carryings chief sustainability officer, Marie-Claire devote told business of fashion, we are more and more conscious of the kind of influence..