{"id":132144,"date":"2023-10-13T22:22:58","date_gmt":"2023-10-13T22:22:58","guid":{"rendered":"https:\/\/bluemull.com\/?p=132144"},"modified":"2023-10-13T22:22:58","modified_gmt":"2023-10-13T22:22:58","slug":"miu-miu-crowned-worlds-hottest-brand-and-chemena-kamali-named-chloes-creative-director-in-this-weeks-top-fashion-news","status":"publish","type":"post","link":"https:\/\/bluemull.com\/lifestyle\/miu-miu-crowned-worlds-hottest-brand-and-chemena-kamali-named-chloes-creative-director-in-this-weeks-top-fashion-news\/","title":{"rendered":"Miu Miu Crowned World's Hottest Brand and Chemena Kamali Named Chlo\u00e9's Creative Director in This Week's Top Fashion News"},"content":{"rendered":"

There were several notable headlines in the fashion world this week, many of which set the stage for what’s to be expected from the industry’s future. Among the buzziest, Miu Miu earned the title of the World’s Hottest Brand for Q3 2023 from the Lyst Index, beating out brands including LOEWE, Prada and Bottega Veneta. Elsewhere, Chlo\u00e9 announced Gabriela Hearst’s successor to be Chemena Kamali, who is set to take over the brand’s helm immediately.<\/p>\n

This week also saw LVMH release its third-quarter financial results, which reported a 1% increase in revenue to \u20ac19.96 billion EUR. Additionally, Uniqlo’s parent company, Fast Retailing, reported record annual profits of \u00a5381.1 billion JPY ($2.56 billion USD). Outside of this, Serena Williams was named the 2023 Fashion Icon by the CFDA, and Luca Magliano was confirmed to be Pitti Immagine Uomo 105’s guest designer.<\/p>\n

Below, Hypebeast has rounded up the top fashion stories of the week so you can stay up to date on trends in the industry.<\/p>\n

Miu Miu Named the World’s Hottest Brand in Q3 2023<\/h3>\n

<\/span><\/span><\/p>\n

<\/span>Victor Virgile\/Gamma-Rapho\/Getty Images<\/span><\/p>\n

Miuccia Prada’s\u00a0Miu Miu has earned the top spot as the Lyst Index’s\u00a0World’s Hottest Brand for Q3 2023.<\/p>\n

Notably, the label was crowned the Brand of the Year for 2022, after earning a 49% increase in internet searches. In the third quarter of this year, Miu Miu saw a 16% increase in internet searches, securing the first-place position on the Lyst Index’s ranking.<\/p>\n

Behind Miu Miu, LOEWE took second place, and Prada earned third. Bottega Veneta ascended to fourth place; Versace dropped into fifth place, while Saint Laurent and Moncler rose to sixth and seventh place, respectively. Valentino took eighth place; Jacquemus climbed six positions to ninth place, and Burberry rounded out the top 10.<\/p>\n

Check out Lyst Index\u2019s full Q3 2023 report via its website.<\/p>\n

Chemena Kamali Was Appointed Chlo\u00e9’s New Creative Director<\/h3>\n

<\/span><\/span><\/p>\n

<\/span>Chlo\u00e9<\/span><\/p>\n

In ther aftermath of Gabriela Hearst’s\u00a0exit, Chlo\u00e9 named its new creative director to be Chemena Kamali.<\/p>\n

The Germany-born designer, who graduated from Central Saint Martins, previously worked under Phoebe Philo at Chlo\u00e9 and more recently acted as the design director at Anthony Vaccarello’s Saint Laurent. Kamali will take over Chlo\u00e9 immediately.<\/p>\n

\u201cMy heart has always been Chlo\u00e9\u2019s,” said Kamali in a statement. “It has been since I stepped through its doors more than 20 years ago. Returning feels natural and very personal. I am extremely honoured to be taking on this role and to be building on the vision that Gaby Aghion and Karl Lagerfeld defined early in the maison\u2019s history. I hope to capture the emotional connection and spirit of Chlo\u00e9 for today.\u201d<\/p>\n

LVMH Reported Increased Revenues of \u00a0\u20ac19.96 Billion EUR in 2023 Q3<\/h3>\n

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<\/span>Martin Bureau\/Afp\/Getty Images<\/span><\/p>\n

LVMH Mo\u00ebt Hennessy Louis Vuitton revealed its third-quarter financial results on Tuesday, reporting a 1% increase in revenues as inflation and heightened interest rates continue to influence consumer purchasing decisions.<\/p>\n

Home to more than 75 brands, including Louis Vuitton, Dior and Tiffany & Co., LVMH recorded revenues of \u20ac19.96 billion EUR in the three months ending on September 30. While the figure marks a small increase from last quarter\u2019s tally, it did fall below Bloomberg\u2019s consensus estimate of \u20ac21.15 billion EUR, per WWD<\/em>.<\/p>\n

LVMH\u2019s 2023 Q3 revenues are up 9% from those reported during the same period in 2022. However, the luxury conglomerate\u2019s 2023 Q2 results increased by 17% year-on-year, meaning the company experienced a slow-down on a quarter-to-quarter basis.<\/p>\n

See more from the report here.<\/p>\n

Louis Vuitton Will Bring Its First Men’s Pre-Fall Show to Hong Kong<\/h3>\n

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<\/span>Aurelien Meunier\/Getty Images<\/span><\/p>\n

Pharrell Williams will stage his Pre-Fall 2024 collection for Louis Vuitton in Hong Kong at the end of November.<\/p>\n

The French fashion house boasts a longstanding presence in Hong Kong, having opened its first store in the city at the Peninsula Hotel in 1979. Additionally, Louis Vuitton has opened several major exhibitions in the city, including\u00a0Louis Vuitton: A Passion for Creation\u00a0<\/em>at the Hong Kong Museum of Art in 2009 and\u00a0Time Capsule\u00a0<\/em>at Statue Square Gardens in 2017.<\/p>\n

In a statement, Louis Vuitton described Hong Kong as a “city that has for centuries been a crossroads of people and trade; a melting pot of East and West that has given rise to a thriving metropolis of art, culture, and industry.\u201d<\/p>\n

Louis Vuitton’s Pre-Fall 2024 runway will take place on November 30. The brand has not yet revealed the show’s location.<\/p>\n

Luca Magliano Named Pitti Immagine Uomo 105’s Guest Designer<\/h3>\n

<\/span><\/span><\/p>\n

<\/span>Pitti Immagine Uomo<\/span><\/p>\n

Luca Magliano\u00a0will be the guest designer for\u00a0Pitti Immagine Uomo 105, scheduled to take place from Janaury 9 to 12 at the Fortezza da Basso in Florence.<\/p>\n

The Bologna-bred designer, who founded his namesake Italian fashion label in 2017, has had quite the successful year, after winning the Karl Lagerfeld Special Jury Prize at the LVMH Prize for Young Fashion Designers and subsequently earning increased attention in Milan\u2019s fashion scene. The specifics surrounding Magliano\u2019s upcoming Florence showcase are still under wraps, though Pitti Uomo organizers disclosed that the designer plans to stage a \u201cspecial show\u201d at a still-unknown destination.<\/p>\n

Notably, the announcement marks a full-circle moment for Magliano, who made his runway debut during Pitti Uomo in 2018, with a collection titled \u201cWardrobe for a Man in Love.\u201d<\/p>\n

Serena Williams Will Receive the Fashion Icon Award at the 2023 CFDA Fashion Awards<\/h3>\n

<\/span><\/span><\/p>\n

<\/span>Dimitrios Kambouris\/Getty Images<\/span><\/p>\n

The Council of Fashion Designers of America (CFDA) on Wednesday announced that\u00a0Serena Williams\u00a0will receive the Fashion Icon award at the 2023 CFDA Fashion Awards.<\/p>\n

Williams will become the first athlete to receive the highly-coveted trophy at this year\u2019s event, which is scheduled to take place on November 6 at the American Museum of Natural History.<\/p>\n

Off the court, Williams boasts a longstanding love for fashion that dates back to her early childhood. \u201cEver since I was a little girl, I\u2019ve used fashion as an outlet to express myself \u2013 fashion gave me the confidence to step on the court and own who I was, and where I knew I was going,\u201d said Williams in a statement. \u201cMy dream of owning my own brand, S by Serena, has become a reality and throughout my career I have been blessed to collaborate with the most established designers and the most exciting up-and-coming creatives.\u201d<\/p>\n

Uniqlo’s Parent Company Reported Record Annual Profits of $2.56 Billion USD<\/h3>\n

<\/span><\/span><\/p>\n

<\/span>Robert Alexander\/Getty Images<\/span><\/p>\n

Japanese fashion conglomerate\u00a0Fast Retailing <\/span><\/span><\/span><\/span>reported record annual profits on Thursday, according to\u00a0Business of Fashion<\/em>. The parent company, which owns Uniqlo, Theory and Helmut Lang, among several other brands, earned a 28% increase in sales to reach its second-consecutive record of \u00a0\u00a5381.1 billion JPY ($2.56 billion USD) in the year ending in August.<\/p>\n

Notably, the company\u2019s report surpassed the consensus estimate of \u00a5374.6 billion JPY, which was averaged from the expectations of 12 analysts via LSEG. The full-year report comes after the company\u2019s third-quarter earnings in July, which saw the conglomerate\u2019s annual forecast increase as its business in China continued to see post-pandemic recovery.
\nSource: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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