Weekly Digest

Nemo Covering New York Fashion Week

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Winter-storm Nemo not only covered parts of North America in a soft yet persistent white layer of snow but also New York Fashion Week. Designers and deliveries alike got stuck in their respective ports delaying or rescheduling shows, like Marc Jacobs. But even amid the white heaven or hell, depending on who you ask, fashionistas decided looking good was more important than staying warm.

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For more click here.

 

Hugo Boss topping analysts expectations 

German fashion house Hugo Boss said it was confident that it will post strong than the overall market in 2013. Forth quarter results topped analysts estimates with an 13% rise in earnings before interest, tax and amortization and growth in the wholesale department in the double-digits. Hugo Boss is expecting a 3 billion euros in revenue as it plans to open more stores, expanding the Asian and U.S. market.

Sticking with clear lines and German minimalism, Hugo Boss 2013 Spring/Summer collection featured white, black, mint, turquoise, magenta, silk fabrics and a lot of shoulder. The contemporary mix of straight lines and simplicity with glamour should be a hit with the consumers.

For more click here.

 

LVMH & Galliano In Court
 
British designer John Galliano is seeking around €6 million in compensation after being sacked from Dior and his own label in mid 2011. The Telegraph reports that his lawyer claimed victory after the court ruled in favor of the 52-year old designer’s claims against his dismissal. Galliano, who was found guilt of anti-semitism in early September of 2011 after an outburst in a Parisian Bar, is now suing his previous employer for €6 million.

Galliano enjoyed an annual salary of €1 million, plus variable compensation of up to €700,000, and a percentage linked to the company’s annual sales rise at Christian Dior. As well as additional pay to consult on the luxury fashion house’s advertising campaigns, fragrance endeavours and websites. Additionally, Galliano was paid €2 million as artistic director of his own label and a percentage linked to the decrease in annual losses at the unprofitable house. Plus a €70,000 a year clothing allowance at his own label and an additional €90,000 for clothing and grooming at Dior.

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Beyonce Covers Vogue’s March Issue
 

The R&B singer is gracing the cover of Vogue’s March issue. The images for the upcoming issue surfaced after her stunning preformance at the Super Bowl XLVII Halftime Show. The star is posing in a black and white Givenchy gown with Annie Leibovitz belived to be the photographer.

For more click here.

 

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