Photo: Tracy Nguyen/Courtesy of Future
These are the stories making headlines in fashion on Wednesday.
Tinashe covers Marie Claire‘s debut digital beauty issue
Tinashe is the star of Marie Claire’s debut digital beauty issue. In an accompanying interview, the artist discusses her relationship with makeup, telling Jazmine Hughes, “There’s an interesting disconnect between my artist persona and my day-to-day, where I don’t want to be the center of attention.” She continues, “I can tap into that and it makes me feel like I’m turning on this character. When I say character, it’s not a separation. It definitely still feels like me.” {Marie Claire}
Caleres to acquire Tapestry’s Stuart Weitzman brand for $105 million
Global footwear company Caleres (which owns brands including Famous Footwear, Sam Edelman and Naturalizer) will add Stuart Weitzman to its portfolio, acquiring the designer label from Tapestry Inc. for $105 million. Jay Schmidt, president and chief executive officer of Caleres, said in a statement, “I have long admired Stuart Weitzman for the brand’s pivotal role in shaping the footwear industry. As we bring this iconic brand into the Caleres portfolio, we are committed to preserving its legacy of craftsmanship, quality and fit while driving it forward.” {Business Wire}
Gwyneth Paltrow on the cover of Family Style. Photo: Brianna Capozzi/Courtesy of Family Style
Family Style releases its fifth issue
For its fifth issue, Family Style — an “arts and style journal at the intersection of food and culture,” launched four limited edition covers, starring Gwyneth Paltrow, Joan Smalls, Tess Breeden and a sculpture by artist Lita Albuquerque. In a press release, editor in chief Joshua Glass described the issue as “a response to the weird metamorphoses that occur when we consider ourselves through the eyes of others.” The issue, titled “It’s Not You It’s Me” will be available to shop on newsstands March 1. {Family Style}
Trump’s tariffs would test luxury’s pricing power
With President Trump threatening new tariffs on the European Union, executives at top luxury companies are preparing to test the limits of their brands’ price hikes. Hermès executive chairman Axel Dumas tells Business of Fashion, “If duties increase, we’ll increase our prices accordingly.” Kering CEO Francois-Henri Pinault echoed the same sentiment, saying the conglomerate would “review (its) pricing strategy” should tariffs increase. With luxury price climbs already having taken place over the last couple of years, analysts expect any further increases to cause a global economic slowdown. {Business of Fashion}
Indie designers brace for impact from US tariffs
For Vogue Business, Madeleine Schulz spoke with several independent designers about how they plan to navigate the promised tariffs from the Trump administration. Stephanie Suberville Rodriguez, co-founder and creative director of New York-based brand Heirlome (which sources and produces some of its garments in Mexico) says, “Obviously, we would prefer to operate without tariffs or trade restrictions, but as a small business we have to adapt to the current regulatory environment. We’re having conversations with our partners at all levels and will work together to adapt.” {Vogue Business}
600 pieces from the late Iris Apfel to be auctioned
Next month, more than 600 pieces from the personal collection of Iris Apfel will be auctioned off by Doyle Auctioneers and Appraisers. The sale will include apparel, accessories and home décor sourced from her Palm Beach, Florida and New York residences. The event will take place in-person on March 4, with an online sale to follow on March 5. {Fashion United}
Prada works with advisors to evaluate possible Versace bid
According to Bloomberg, Prada S.p.A. has requested a review of the Versace brand, seemingly eyeing to bid on the Italian label. Should Prada decide to move forward, it would acquire the Donatella Versace-led brand from Capri Holdings Ltd., which is reportedly exploring its options following its failed $8.5 billion merger attempt with Tapestry Inc. {Bloomberg}
Homepage Photo: Joe Scarnici/Getty Images for Tequila Don Julio
Source: Fashionista.com
