DUSSELDORF -- A minority share in Igedo Internationale Modemesse Kronen GmbH & Co., which puts on the CPD, Igedo and First View fashion fairs here, has been acquired by another trade show producer and owner of the fairgrounds here,...
DUSSELDORF -- A minority share in Igedo Internationale Modemesse Kronen GmbH & Co., which puts on the CPD, Igedo and First View fashion fairs here, has been acquired by another trade show producer and owner of the fairgrounds here, Nowea.
Igedo also announced it is investing over $14 million (25 million marks) at current exchange rates in the building of a new service center and office tower on the fairgrounds, which is the site of the various Igedo shows.
The two fair organizations have a history of cooperation. The construction of the Dusseldorf Fashion House, a year-round showroom center and exhibition space during the Igedo fairs, was a 50-50 joint venture.
The main reason for the sale, Igedo chief and principal Manfred Kronen explained, is that "Nowea wanted to make sure that the Igedo shows would stay in Dusseldorf should something happen to me."
The parties declined to reveal the exact size of the share bought by Nowea.
Further commenting on the deal, Kronen said, "There is a great deal we can do together. This chance for Igedo to invest in the fairgrounds is a useful investment for both of us and, together, we will be very strong to conquer new international markets."
He also pointed out that the Igedo company, which is involved in many marketing, advertising and data base services beyond the scope of the Igedo fairs, can now extend its services to the various Nowea fairs, which include trade shows here for the boating, shoe and packaging industries.
“Azzedine has been one of the biggest influences in my life. He has always been such a strong, loving, fatherly figure to me. I call him Papa. His designs are indescribably unique, they are pieces of art. He knew how to make the female form look its loveliest. I have so many memories of him; my favorite might be during my first show with him in Paris. He liked me and he wanted to help me get more work. He called all his friends at Kenzo and Comme des Garcons, and asked them to book me. They said, ‘But she can’t walk!’ And he said, ‘but she has such a great ass!' His friendship and support has been the great privilege of my career. I can't imagine life without him. Repose en paix mon Papa.” - @stephanieseymour tells @wwd. #wwdfashion (📷: @steveeichner) #alaia #azzedinealaia
Azzedine Alaïa, flanked by two of his closest friends, models Stephanie Seymour and Naomi Campbell.
He designed Seymour’s dress for her 1995 wedding to Peter Brant, and treated Campbell (who famously called him Papa), like a daughter. For more on the legendary designer, tap the link in bio. #wwdfashion #alaia #azzedinealaia
Azzedine Alaïa's “I-did-it-my-way” ethos stood out starkly at a time when brands are experimenting with consumer-facing fashion shows, coed formats and trans-seasonal collections – anything to perk up lackluster sales of ready-to-wear in an age of Insta-everything. “It’s not creation anymore. This becomes a purely industrial approach,” the late designer told WWD in an interview last year. “But anyway, the rhythm of collections is so stupid. It’s unsustainable. There are too many collections.” Read more about the iconic designer’s life and work on wwd.com, link in bio. #wwdfashion #azzedinealaia (📷: @WWD Archive, 1986) #alaia
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Azzedine Alaïa, one of the most iconic couturiers of the modern era whose body-con designs defined Eighties fashion, has died in Paris. The diminutive Tunisian-born designer, known for his structured knitted dresses with fitted waists and impeccably cut, figure-hugging second skin silhouettes was deeply admired by his peers, and counted supermodel Naomi Campbell - his adoptive daughter - among his inner circle, one of a gang of glamazons including Farida Khelfa, Carla Bruni and Stephanie Seymour who became ambassadors of his style. (📷: Alexandre Guirkinger) #wwdblast