Photo: Collier Schorr/Courtesy of Calvin Klein
These are the stories making headlines in fashion on Friday.
Calvin Klein returns to New York Fashion Week
After last showing in 2018, Calvin Klein is returning to the official New York Fashion Week calendar to present Creative Director Veronica Leoni’s debut Calvin Klein Collection for Fall 2025. The intimate show will feature both women’s and men’s looks and will be held on Feb. 7 at 12 p.m. “Calvin Klein is thrilled to return to the global stage at New York Fashion Week and unveil Veronica Leoni’s creative vision for Calvin Klein Collection,” Calvin Klein Global Brand President Eva Serrano said in a statement. “Veronica’s debut marks a new era of innovation and creativity, embracing a fresh vision for the brand while honoring its iconic heritage. We can’t wait to share it with the world.” {Fashionista inbox}
The resurgence of silver and sterling jewelry
As the price of gold surged to all-time highs (peaking at about $2,800 an ounce in late October before dropping to its current price, about $2,600 an ounce), jewelers are increasingly seeking out silver, which costs about $30 an ounce. Many jewelers are using silver to make hefty and intricate pieces that are fueling a shift away from delicate styles and towards sizable jewelry. There are many designers and brands tapping into silver jewelry, including J. Hannah, Mondo Mondo, Sophie Buhai, Leo Costelloe, Completedworks and more. {The New York Times/paywalled}
Nike delivers better-than-expected Q2 results following CEO shift
On Thursday, Nike, Inc. released its fiscal 2025 financial results for its second quarter that ended on Nov. 30, 2024 which showed revenues were down 8% to $12.4 billion compared to the prior year. Its net income was down 26% to $1.2 billion and diluted earnings per share was $0.78, which represented a 24% decrease and was ahead of the $0.63 expected by analysts. In October, Elliott Hill replaced John Donahoe as Nike’s CEO. “After an energizing 60 days of being back with my Nike teammates, our clear priority is to return sport to the center of everything we do,” Hill said in a statement. “We’re taking immediate action to reposition our business, so we can get back to driving long-term shareholder value. Our team is ready to go, and I’m confident you will see more moments of Nike being Nike again.” {WWD/paywalled; Nike, Inc.}
Are trends over?
When unpacking 2024’s biggest fashion trend, many possibilities emerge thanks to an increasingly fast-moving trend cycle. José Criales-Unzueta polled more than 100 industry professionals on what 2024’s best fashion trend was, and 50.2% voted that “trends are over.” While trends are not necessarily dead, they shift and evolve quicker than ever with help from social media algorithms, which is leading to industry jadedness and micro-trend fatigue. Some of this year’s largest trends — “Brat” summer, quiet luxury, boho chic and Western, for example — soared for certain sides of the internet and fashion world, but Criales-Unzueta notes that “algorithms make things seem larger in the URL world than they are IRL.” {Vogue Business/paywalled}
Source: Fashionista.com