Magic Las Vegas – back to the rootsMagic Las Vegas – back to the rootsMagic Las Vegas – back to the rootsMagic Las Vegas – back to the roots

Magic Las Vegas – back to the roots

This year’s Magic Las Vegas is hosted in the Las Vegas Convention Center. Contrary to the past years, the iconic US menswear show will take place in the location they once were in many decades ago. The Convention Center is just South of the strip and easily reachable. Part of the show has been taken place there for some years and shuttles have been operating between the Mandalay Bay Hotel, where Project, The Tents and Project Woman was hosted, to the Convention Center, where Magic, as well as Sourcing, took place.

This year, all 12 Magic shows will be hosted under one roof, making them easier to access for buyers and cater for a more efficient experience overall.

Making its inaugural appearance since the recently announced initiative and ongoing partnership with the Council of Fashion Designers of America (CFDA), the CFDA X PROJECT initiative hosted a hand-selected group of menswear designers in Las Vegas that will live within the PROJECT N:OW community in the newly created section called N:OW LAB, a concept space that will rotate and evolve each season. Designed to showcase creativity, diversity, and highlight new perspectives, the area intended to challenge the status quo, inspire positivity and spark innovation.

PROJECT Las Vegas also marked the debut of a new brand showcase from its sister show PROJECT TOKYO within PROJECT’s N:OW neighborhood where Japanese fashion will be introduced in an unconventional way. Attendees will have the chance to meet some of Japan’s most influential designers who are new to the U.S fashion scene and are pushing the envelope of design & style through a mix of youth-driven aesthetic and progressive denim/workwear. Featured Designers include BONUM, Flutten, Graph Zero, Onemade, and SurReal.

WeAr is covering the show and hereby is supplying, as always, some impressions.

Farfetch Acquires Brand Platform New Guards Group

Farfetch Acquires Brand Platform New Guards Group

Luxury online retailer Farfetch acquired Italian fashion holding company New Guards Group on Thursday in a $675 million deal. Farfetch now owns 100 percent of the Milan-based parent company of luxury streetwear brands including Off-White (founded by fashion designer and Louis Vuitton men’s artistic director Virgil Abloh).

The acquisition of New Guards augments Farfetch’s strategy to be the global technology platform for luxury fashion, empowering individuality, and connecting creators, curators and consumers. New Guards is a brand platform that has launched several global luxury fashion brands, with a proven track record of identifying and nurturing some of the most culturally relevant emerging brands, designers and creative directors in the sector. New Guards provides the resources and expertise to transform early stage brands into profitable, high growth businesses, driving rapid, profitable growth for New Guards itself.

“The brands of the future will have three core elements. First, a creative tastemaker able to leverage digital channels to engage a global community; second, best-in-class design, planning and manufacturing; and third, direct-to-consumer global online distribution, complemented by a connected wholesale presence in the most prestigious physical boutiques,” Farfetch CEO José Neves said in a statement. “

Copenhagen Fashion Week: Vestiaire Collective set up a lending lounge at hotel Skt. Petri

Copenhagen Fashion Week: Vestiaire Collective set up a lending lounge at hotel Skt. Petri

In line with Copenhagen Fashion Week, which closes its doors today on August 9th, 2019, Vestiaire Collective (curated by Alexandra Carl, Stylist and Fashion Director of RIKA magazine) offered a lending lounge at hotel Skt. Petri consisting of a selection of pieces from Vestiaire Collective’s global wardrobe as well as beloved Danish brands such as GANNI, Stine Goya, Soulland and Brøgger. 

With the initiative, Vestiaire Collective aimed to raise awareness of a conscious, circular approach to fashion where the lifespan of a garment is extended through resale and reuse, playing into Copenhagen Fashion Week’s shared values of sustainability.

“I’m really excited to team up with Vestiaire Collective on this initiative to improve the cycle of clothes, the longevity of designer pieces and to raise awareness to the responsibility we have. Especially as tastemakers and influencers we should embrace the opportunity to not just promote upcoming collections and pieces available for instant purchase, but actually highlight incredible existing designs as well and make them just as exciting and desirable to consumers,” states Alexandra Carl, Fashion Director RIKA magazine and curator of the lending lounge.

“We are very excited to partner with Vestiaire Collective and together strengthen the reach and impact of our shared vision of sustainability in the fashion industry. Copenhagen Fashion Week is currently on a journey to intensify our sustainability efforts — both as an event and as an industry platform, and joining forces with a pioneering and inspiring international company like Vestiaire Collective opens up for many interesting opportunities in relation to the further development of our fashion week,” states Cecilie Thorsmark, CEO Copenhagen Fashion Week.

Revolver Fashion Trade Show August 2019 edition

Revolver Fashion Trade Show August 2019 edition

Revolver Fashion Trade Show just closed its doors to its August 2019 edition, which took place from August 7th till 9th, in the city centre of Copenhagen and presented the most progressive Scandinavian design-driven fashion brands. Revolver is the brainchild of former Gallery partner Christian Maibom and Vision owner Jan Carlsen. Revolver is a unique order-platform for both mens and womenswear, which attracts the best buyers from the Nordic region as well as the best international buyers, in order to do business, discover and network. 

Burberry introduces new collection made from Econyl Sustainable NylonBurberry introduces new collection made from Econyl Sustainable Nylon

Burberry introduces new collection made from Econyl Sustainable Nylon

Burberry has launched a new capsule collection crafted with ECONYL, a sustainable nylon yarn made from regenerated fishing nets, fabric scraps and industrial plastic. The ECONYL capsule, which includes a reinvention of Burberry’s lightweight classic car coat, is just one example of the 50 disruptions Burberry is making throughout its supply chain to create a more circular fashion industry.

Pam Batty, VP Corporate Responsibility at Burberry, said of the launch: “Exploring and using innovative materials that foster circularity is central to creating a more sustainable fashion industry. We are proud to use the ECONYL yarn in this collection because it shows how we can actively tackle a problem like plastic waste and create beautiful, luxury products at the same time. This collection is just one of the ways Burberry is actively disrupting and improving every stage of how we create our products because we know our industry can play an key role in building a more sustainable future through science and innovation”.

Giulio Bonazzi, CEO at Aquafil said: “We are delighted to collaborate with Burberry for this capsule collection. We believe innovative fibers like ECONYL regenerated nylon are the future and are proud to support brands who use our yarns, transforming waste into incredible designs and raising the profile and possibilities of a more circular fashion system.”

Burberry’s heritage is anchored in material innovation, from the invention of gabardine – a breathable, weatherproof and hardwearing fabric – by Thomas Burberry in 1879 – to the more recent work with company 37.5 to use volcanic sand and waste coconut shell in thermoregulation technology for quilted jackets. Burberry has also introduced Refibra, a new yarn produced by upcycling cotton leftovers from the Burberry Mill in Yorkshire, to make its dust bags for all jewellery, shows and leather goods.

On now: CIFF S/S 2020 editionOn now: CIFF S/S 2020 editionOn now: CIFF S/S 2020 edition

On now: CIFF S/S 2020 edition

Taking place from August 7th till 9th 2019, CIFF opened its doors to its S/S 2020 edition with BURN! A performance work by artist Esben Weile Kjær which first took place at the SMK in Copenhgaen during spring 2019. A building site, disaster area, talent show or the murky setting of a night club? Esben Weile Kjær uses fire, music and dance to create a space full of contrast and synergies in the borderlands where widely different scenes overlap

In a release, CIFF said “First of all, we want to thank you for this amazing first day at CIFF. It was a great start and we are already excited about the next two days! Furthermore, a special thank you to Esben Weile Kjær whose performance was one of our highlights of the first day, and to the brands who contributed with their joint women’s & menswear show to a wonderful start of CIFF.”

klarna raises 460 million us dollars in equity funding

klarna raises 460 million us dollars in equity funding

Klarna, payment provider and bank, popular for its ‘buy now, pay later’ services, has raised 460 million US dollars in an equity funding round to become Europe’s largest private fintech firm, valued at 5.5 billion US dollars.

The Swedish company, which works with 130,000 merchants globally including H&M, Asos, Michael Kors, Zara, Topshop, and Superdry, stated that the funding would allow it to continue its “rapid rise” in the US market, where it is currently growing at an annual rate of 6 million new US consumers.

Klarna was founded in 2005 in Stockholm, Sweden with the aim of making it easier for people to shop online. In the last 14 years, technology has evolved, excited and transformed the world around us, yet our mission remains as relevant as ever, to make paying as simple, safe and above all, smoooth as possible. Klarna is now one of Europe’s largest banks and is providing payment solutions for 60 million consumers across 130,000 merchants in 14 countries. Klarna offers direct payments, pay after delivery options and instalment plans in a smooth one-click purchase experience that lets consumers pay when and how they prefer to.

 

Barneys has filed for Chapter 11 bankruptcy protection

Barneys has filed for Chapter 11 bankruptcy protection

New York based department store Barneys has filed for Chapter 11 bankruptcy protection, and has entered into an agreement with Gordon Brothers and Hilco Global, providing it with 75 million dollars of new capital to stay afloat during proceedings. 

Third edition of Amsterdam Fashion Week

Third edition of Amsterdam Fashion Week

Amsterdam Fashion Week has confirmed the first names of the show program for the upcoming September 2019 edition. The third edition of Amsterdam Fashion Week will kick-off at the fashion heart of Amsterdam, the Museum Quarter and will open on Thursday the 5th of September with an exclusive show from Ronald van der Kemp in the Moco Museum.

Various shows are organized throughout Amsterdam from the 5th till the 7th of September to contribute to this event. Amidst a full schedule that will be released soon, on Friday the 6th of September there will be shows by Ferry Schiffelers (winner Lichting 2018), Ninamounah and Lichting 2019 in the Nieuwe Kerk and a performance by Aron van Groos (winner Kunstbende 2018). On Saturday NATAN will present its latest collection in Capital C. Simultaneously, there will be a show of Lizzy van der Ligts’ latest Le Cafe Noir Studio collection supported by Holland Casino. 

Moda to relaunch with new dates, halls and a re-edit in February 2020

Moda to relaunch with new dates, halls and a re-edit in February 2020

For the February 2020 edition of Moda, the trade show announced its will be relaunching with new dates, new halls, and a re-edit and newly curated sectors as it looks to present a “new Moda for a new decade”.

Moda, the fashion trade show and the UK’s National Footwear Show, will showcase a “refreshed image, new shell scheme and an improved floor plan” for its all-new show in February 2020 as it looks to give exhibitors the best space to showcase their collections and to meet the “changing needs of brands and buyers,” explained organisers.

At the heart of the relaunch is a new date, Moda from its autumn/winter 2020 edition will be moved to February 23-25 within new halls within the NEC Birmingham to avoid clashes with Milan show MICAM.

Adam Gough, Event Director at Moda, says: “59% of buyers have been attending Moda for over 20 years, 41% spend over £150k, and 90% of visitors return every season and are owners with sole purchasing power. The show has this incredible heritage and is the heart of UK fashion, however, retail is changing and the show needs to adapt. A refreshed edit of the show will ensure that Moda remains a leading hub for contemporary, diverse and inspirational brands to cement their presence in the UK market. Much of our plan is dedicated to drawing in the key names in fashion retail, from online retailers, multiples and department stores, and with this in mind, we have altered our date lines for the AW20 edition to avoid clashing with Milan show MICAM. In our new halls 6,7 & 8, Moda will now be taking place 23rd – 25th February 2020.”