Marc Jacobs at Fall 2016 show. Photo: Antonio de Moraes Barros Filho/Getty Images
These are the stories making headlines in fashion on Thursday.
Will Marc Jacobs step back from his namesake label?
In late May, Sebastian Suhl left his role as chief executive officer at LVMH-owned Marc Jacobs, a position he held since 2014. As incoming chief executive Eric Marechalle takes control of the troubled brand, it’s unclear how involved Jacobs will be in the company’s turnaround strategy; undisclosed sources told BoF that he may relinquish his day-to-day design role or exit his namesake brand altogether. Marechalle will step down as the chief executive officer at Kenzo — a French label he is credited with putting back on the contemporary cool map — to help Marc Jacobs regain it’s former retail glory. {Business of Fashion}
What to expect next from Lanvin
Olivier Lapidus has just just been appointed as artistic director at Lanvin, replacing Bouchra Jarrar in the role. He is tasked with doing what many other designers have done in the past: Re-creating an identity-less brand (think Nicolas Ghesquière at Balenciaga and Riccardo Tisci at Givenchy). Lapidus has already outlined exactly what he wants the house to represent: “A house focused on chic, diverse evening clothes, but with room for a daywear section that leans toward sophisticated,” he told WWD. {WWD}
An ode to dying shopping malls
Malls used to house an ample selection of mid-priced goods and our most freeing moments of adolescence — we shopped, we ate, we socialized and we did it all in one place. Now these beloved cultural institutions are nearing extinction. Dan Bell, a 40-year-old filmmaker, chronicles these dying pleasure domes on YouTube in short videos that reveal a string of desolate shopping spaces. His “Dead Mall Series” are powerful visual tributes to dead malls in working-class and rural communities across America. {New York Times}
Matchesfashion maybe readying for a sale
Following a reported revenue of £204 million in 2016, Matchesfashion is seeking advisors to manage a sale. Sources close to BoF said the company will likely be acquired by a private equity firm. This news comes shortly after the luxury fashion retailer announced plans to establish a large store with an event space and three floors of private shopping in London’s Mayfair this fall. Matchesfashion celebrated its 30th birthday this year and already boasts a successful e-commerce site, as well as four brick-and-mortar stores in London and a private shopping townhouse in Marylebone. {Business of Fashion}
Cara Delevingne has topped Kate Moss as Britain’s highest-earning model
Kate Moss reportedly earned £5 million last year, where as model-turned-actress and platinum blonde suit-slayer — Cara Delevingne — earned £8 million. As we know, social media influence is everything and is a powerful incentive for brands looking to push products to a larger audience. It seems Britain’s first supermodel has fallen a step behind the 24-year-old in terms of annual income because she was late to the Instagram game and her 630,000 followers via her modeling agency cannot compete with Delevingne’s whopping 40 million. {Vogue UK}
Proenza Schouler’s campaign is a Planned Parenthood PSA
Proenza Schouler has released a campaign that doubles as a public service announcement dedicated to Planned Parenthood. A cast of 24 activists, artists, sex educators, models and friends of the designers come together through director Harley Weir’s lens to explore the broad and complex concept of “femininity” and what it means to be a woman today. “We developed this film as a new kind of PSA, a call to action of sorts, in support of Planned Parenthood of New York City,” designers Jack McCollough and Lazaro Hernandez told i-D Magazine. “Planned Parenthood means so much to the women who work at our company, and to the community Planned Parenthood serves in New York City and beyond.” Watch the full campaign below. {i-d}
British ‘Vogue’ places risky bet on flashy masthead
Edward Enninful will assume his highly talked about new role as editor-in-chief of British Vogue on August 1st. Since his appointment, Enninful has been on a masthead rampage, tapping into all of Britain’s top industry talent for contributing positions. But can these buzzy bylines boost British Vogue sales? “Time will tell whether this is the editorial equivalent of stunt-casting or if these celebrity contributors will actually add substance,” said Jennifer Davidson, editor-in-chief of The Fashion Spot. “Magazines have also long had to reconcile advertiser interests with their editorial content. I am sure that [this group] will be able to find a palatable balance.” {Glossy}
Rent the Runway launches same-day delivery in NYC
The site that outfits countless wedding attendees in borrowed frocks will launch a same-day delivery service starting Thursday. Rent the Runway‘s new in-app feature enables orders placed by 12 PM to be at your door by 5 PM — just in time for happy hour! Those seeking a last-minute ruffled skirt will be able to choose from the inventory currently stocked in-store at Rent the Runway’s five retail locations in Chicago, New York City, Washington D.C., San Francisco and Los Angeles. {Fashionista Inbox}
Want the latest fashion industry news first? Sign up for our daily newsletter.
