Footwear News’ Post

Italian brand Prada is enlisting Hollywood talent for its spring/summer 2024 campaign. The “Days of Prada” menswear advertisement centers on three brand ambassadors and Hollywood talents, including British actor Harris Dickinson, American actor Kelvin Harrison Jr., and Australian actor and songwriter Troye Sivan. Concentrating on the “Prada man,” the trio plays themselves in the visuals, boosting authenticity while refocusing on the clothes over the ever-present pomp and circumstance in luxury fashion. Read the full article: https://bit.ly/3V7Z5AX #LuxuryDaily #LuxuryNews #Prada #FashionNews #Advertising #AdvertisingNews #DaysofPrada #PradaMan #LuxuryFashion #FashionTrends #MarketingTrends

And NOW⁉️ Sales at Renzo Rosso’s Breganza-based fashion group have continued to climb in a rocky market for designer apparel, validating the design-led approach that was on display at the Diesel and Marni shows this week in Milan. Last week, the group confirmed plans for an IPO after net sales reached €1.8 billion, up 10 percent from the previous year and 16.5 percent versus 2021. Each of OTB’s four marquee brands — Diesel, Marni, Margiela and Jil Sander — posted considerable growth, with Margiela (which delivered an internet-breaking couture show last month) at the top of the pack with 23 percent in year-on-year sales gain. Diesel, which filed for bankruptcy in the US just five years ago, saw a 13 percent boost. by The Business of Fashion #fashion #sales OTB https://lnkd.in/dKqjjcAA

Prada Group reports ‘solid results’ for the first half of 2024. The group which owns which owns luxury Italian fashion houses Prada and Miu Miu, saw net revenue rise by 17% year on year to €2.5bn (£2.1bn), for the six months to 30 June 2024. The group, which also owns Church's, Car Shoe Italia SRL, and Marchesi 1824, reported retail sales of €2.2 billion (£1.85 billion), an 18% increase year-on-year. They saw double-digit growth across the Asia Pacific, Europe, Japan, and Middle East regions. Prada’s momentum continued as the brand capitalised on its creative strength, high impact initiatives, and engagement with audiences. The positive performance was supported by a well-balanced category mix: newness and icons continued to sustain Leather Goods, while creative dynamism drove Ready-To-Wear and Footwear traction. Successful menswear and womenswear shows confirmed the appeal of the brand's aesthetic codes. Miu Miu kept shining as excitement continued to rise among its community, fuelled by acclaimed fashion shows and engaging activations. The brand’s very positive commercial response extended across all categories, with impactful communication initiatives, including the new Leathergoods campaign, fostering the brand’s desirability. Special projects like Miu Miu Upcycled and successful collaborations kept the brand in the spotlight. Read full article: https://lnkd.in/gaVixdpY

Top 3 Menswear Trends For SS25: What is Blokecore? 1. Short Shorts: Men’s inseams are on the rise, literally and figuratively. Gucci's collection featured them in 91% of its looks. Bianca Saunders and MSGM also jumped on the short shorts bandwagon, and guess what? They're selling at 6% higher rate than longer short styles. 2. Blokecore: With the UEFA European Championship, football culture meets fashion. Exhibit A: Louis Vuitton’s football shirts and bomber jackets. Plus, the Adidas Samba sneaker, originally designed for 1950s footballers, is making a stylish comeback with over 6 million global monthly searches in May. 3. Pastels: Fashion Week was all about playful pastels this season. Soft hues dominated the collections, with relaxed mix-and-match separates stealing the show. Hermès, Dior, Giorgio Armani and Valentino all embraced this trend. Which trends will you jump on?

Christian Louboutin designs shoes & accessories and continues to make the 👠 'red bottoms' synonymous with luxury. "The company was valued at $3.2 billion last year by Exor, the investment company of Italy’s Agnelli family, which bought a 24% stake in 2021 for about $650 million. Louboutin still owns 35%—which Forbes values at $1.1 billion. That stake makes up most of an estimated $1.2 billion fortune that includes other investments such as the Vermelho Hotel, a luxury resort he opened in southern Portugal last year. Representatives for Louboutin didn’t respond to requests for a comment on the valuation." 💰 #christianlouboutin #shoes #luxury #redbottoms #footwear #accessories #kickstory #sneakerculture #osdlive #sneakers #solecialstudies #obsessivesneakerdisorder #protectourculture https://lnkd.in/gtPpJFaR

• The "Dated" Shoe Trend • Mary Janes have been a staple in fashion this year, charming us with their versatile design that has graced both runways and wardrobes. As we transition into fall, we’re seeing a stylish evolution of this classic silhouette into T-bar shoes. Distinguished by an extra strap connecting the toe to the cross strap, these are now poised to become the season’s next biggest shoe trends. The sophisticated footwear peaked in popularity during the 1940s and 1950s, remaining a beloved staple in French Fashion for decades. But why are T-bar shoes making a comeback now? The answer lies again in their perfect blend of nostalgia and modernity, creating an alluring mix that appeals to today’s young fashion-conscious generation. Luxury brands like Gucci, Prada, and Miu Miu have been instrumental in reviving this timeless style; bringing it back to the forefront of fashion in luxurious new forms. While trends may come and go, T-bar shoes are confidently stepping up as a must-have for the fall. If you’re looking to update your shoe game this season, T-bars could be the perfect fit. #FashionTrends2024 #FallFashion #ShoeTrend #MaryJanes #TBarShoes #StyleRevival #TrendWatch

Prada Pricing Evolution: Menswear vs Womenswear Given Prada's recent financial success (+6% on LY in H1 2024), I wanted to explore whether their pricing strategy contributed to their impressive performance. As a brand popular among both men and women, it's important to examine how clothing prices have evolved across these two categories. Interestingly, until about a year ago, Prada’s menswear collection was, on average, priced higher than its womenswear. However, while men's prices have risen by 17% since then, women's prices have surged by 39%, surpassing men's averages by €202. Why the shift? Prada has expanded its womenswear collection by 26% when analysing August 2024 vs LY, driven by an increase in shirts, skirts, sweaters, and outerwear. Sure, this could suggest an earlier introduction of their Autumn/Winter collection. But, the consistent increases across every product category indicate a broader investment in expanding their womenswear portfolio. On the men's side, Prada appears to be capitalising on the popularity of their basics. Despite maintaining a steady denim assortment year-over-year, they’ve increased the average price of their men's collection by 21%—a bold move that signals confidence in their range.

Elevating Menswear with Eyewear: Frederic Bittner’s Timeless Tribute to Yves Saint Laurent Beauty  In fashion, the smallest details often make the biggest impact.  German model Frederic Bittner opened the show in a gray flannel double-breasted suit, white shirt, and dark tie. The addition of eyewear completed this homage to the 1970s YSL look, accentuating Bittner's features and adding intellectual charm and historical accuracy.  The choice of eyewear in this context was far from incidental. Glasses have the power to transform an outfit, offering a blend of functionality and style. 💼 What do you think about the role of eyewear in modern fashion? Share your thoughts in the comments below! #Fashion #Trends #Eyewear #Innovation #apparel

According to HYPEBEAST's latest report, Miu Miu, under the helm of Miuccia Prada, has reclaimed its title as the world's hottest fashion brand in the first quarter of the year, with Prada Group following closely behind in the No. 2 spot. The ranking, determined by the Lyst Index, highlights Miu Miu's surge in popularity, with searches up by 8 percent, fueled by its recent Paris fashion show and collaboration with New Balance, particularly resonating with male fashion enthusiasts, as searches surged by 88 percent.  Miu Miu's collaboration with New Balance, featuring the coveted 530 SL sneakers, sold out rapidly, cementing its dominance in the market. With the ongoing rivalry between Miu Miu and Prada, the anticipation for Q2 remains high to witness any shifts in the fashion hierarchy. #robbreport #luxury #fashion #business

FORMER GUCCI CEO MARCO BIZZARRI INVESTS IN ELISABETTA FRANCHI Fashion Network Marco Bizzarri is beginning a new chapter. After eighteen years with Kering at the helm of some of the group's finest houses, including Gucci from 2015 to 2023, the manager is announcing a new phase in his professional life, "focused on investments in companies and human resources of value". His first operation involves the ELISABETTA FRANCHI label. "It's a great privilege for me to work alongside passionate people with whom I can create fruitful synergies," he says. Through Nessifashion, a newly created holding company of which he is the sole director and which is owned by his company Nessi SRL, Marco Bizzarri has taken a minority stake in the Italian ready-to-wear brand. This investment, the amount of which he is not disclosing, "represents a stake that could rise to 23%", the press release states, while the manager becomes chairman of Elisabetta Franchi. The entrepreneurial designer founded her company Betty Blue in 1998 in Bologna (central Italy), offering high-end, glamorous women's ready-to-wear. Over the last decade, the label has accelerated its retail and international expansion, with 85 single-brand shops in 78 countries. It is also distributed through a network of multi-brand boutiques. The company, which produces mainly in Italy and employs 300 people, has raised its profile in the premium segment over the years, broadening its offering to include accessories (shoes, bags, jewellery), swimwear and a line for girls, while it has recently joined forces with Pronovias to launch a bridal line. Managed since the start of the year by Gabriele Maggio, the label, which has been showing at Milan Fashion Week since September 2014, had planned to list on the stock exchange in 2019, but the project was put on hold due to the Covid pandemic. "Elisabetta Franchi is a successful, resilient, self-made entrepreneur with a clear vision of how her company will evolve in the future," says Marco Bizzarri. After topping the €100 million mark in 2016, the highly profitable label is forecasting sales of €170 million for 2023, 50% of which will be generated abroad, with an operating profit margin (Ebit) of 31.8%. According to the manager, this is an asset "with great potential for expansion, both in Europe and internationally". learn more: https://lnkd.in/gMvF3WnN #metaverse #fashion #ai #investment #vc #web3 #degens