NEW YORK — Fabric suppliers exhibiting at last week’s round of international textile fairs here have seen buyers slash the size of their orders, but sense the worst may have passed.
While few mills are seeing a spike in order writing from buyers, they have adjusted to the realities of doing business in an environment of prolonged global economic downturn. The expectation is that brands and retailers will play it safe with smaller orders in a bid to keep costs low and avoid excess inventory. Buyers also have been quick to reorder once they see a product working, and innovative, creative fabrics that can help an item stand out and entice customers continue to drive buyers.
At Première Vision Preview, which took place at the Metropolitan Pavilion July 15 and 16, exhibitors reported consistent traffic at their booths. The show featured 97 exhibitors, compared with 116 during last year’s edition, and attracted about 3,000 visitors.
Exhibitors said buyers continued to grapple with constrained budgets but seemed more upbeat about the future.
“I think the feeling in general is that it’s slow out there,” said Scott Henkus, account executive with Prosperity Denim. “But buyers still want to see something new and different.”
The show’s organizers are looking to boost the profile of both the New York and Paris editions through a new partnership with the Council of Fashion Designers of America. CFDA president Diane von Furstenberg was on hand to unveil the beginning of a relationship aimed at improving the show and helping designers. One of the biggest issues facing the Paris edition of Première Vision is its conflicting dates with New York Fashion Week.
“We all think Première Vision is very important and feel that we should all work together so we do not miss it, and that we are committed to making it a must,” said von Furstenberg. “It’s very much in the heart of every designer and it’s very much in the habit of every designer.”
Phillipe Pasquet, chief executive officer of Première Vision, said the overlapping dates will be a problem through 2010. In addition to tackling scheduling issues, Pasquet said the organizers also are working with the CFDA to develop special services for young designers.
“At the end of the day, we have the same objective: making the world of fashion and creativity as efficient as possible,” said Pasquet. “We have to find a way of having as many designers comfortable with the dates and our services.”
Pasquet acknowledged that the summer season had been “very tough” and that many in the industry had put their hopes on a recovery for winter collections. He was viewing last week’s show as a barometer for the upcoming Paris show.
“The outcome of this event will be very important on the kind of expectation we can have for the coming months,” he said. “Companies are still investing a lot in product development, so I’m still very impressed by that.”
@kering_official is spinning off its stake in puma in an effort to focus on its luxury brands, the brand operator announced yesterday. “We are proud to have supported the turnaround of Puma, which now has unrivaled capabilities to take full advantage of the specific dynamics of its global markets and is poised to achieve substantial growth,” said François-Henri Pinault, Kering’s chief executive officer and chairman. Artémis will become a “long-term strategic shareholder” of Puma with a 29 percent stake. #wwdnews #wwdfashion (📷: @jilliansollazzo)
The fashion world mourns for celebrated street style photographer, Nabile Quenum, who died at age 32 in Paris.
Quenum, creator of the fashion blog “J’ai Perdu Ma Veste,” was a fashion week fixture, and regularly shot for New York magazine’s The Cut, among other outlets, and brands such as Louis Vuitton, Moncler and Adidas. He was also actively involved in the #NoFreePhotos initiative, which kicked off in the fall. Read more about Quenum in @kbsmoke's story on WWD.com. #wwdnews
@verwanggang and @maisonladuree have teamed up on a dessert collab called Vera Wang Pour Ladurée. The collection, which launched this week, features a specialty macaroon, as well as a wedding cake inspired by one of the designer’s gowns. “I could not imagine a more delicate or sophisticated creation to grace any couple’s celebration,” said Wang. #wwdfashion
“I’m Russian and I love to use all these little tricks that I got from my grandma or my mom. We didn’t have a lot of money for creams or anything like that so we would use a garden as a beauty treatment regime. We’d put cucumber in the fridge and do a cucumber mask,” says model @irinashayk on one of her beauty hacks. WWD asked celebs what their go-to self-care rituals are. See what Naomie Harris, Freida Pinto and more said on WWD.com. #wwdeye #wwdbeauty (📷: @zefashioninsider)
Exclusive: @viktorandrolf are teaming up with @Zalando on a collection made from leftover clothing. The lineup, which lands at the retailer February 1, includes 17 pieces adorned with sliced up and repurposed overstock from the retailer’s private label collection. Pictured here is a look from the collection –– see more on WWD.com. #wwdfashion #wwdnews
@duewestnyc is the newest bar joining the collection of intimate neighborhood-focused spaces in the West Village. The cocktail menu, which includes bitters and syrups made in-house, offers a “Build Your Own Old-Fashioned” – like the one pictured here – where guests can choose from a list of spirits and unexpected sugars and bitters. #wwdeye
Spotted at last night’s National Board of Review gala in NYC: Angelina Jolie. Jolie – along with Meryl Streep, @lupitanyongo and more – continued the all-black dress code from Sunday’s Golden Globes. #wwdeye (📷: @lexieblacklock)