This week, the fashion news cycle continues to inspire excitement around this month’s fashion weeks, as designers from London and Milan present their latest menswear offerings for Spring 2024. Among the notable headliners, Rihanna stars on Pharrell’s debut.
Off the runway, the headlines went a bit downhill. For one, Super reported revenue of $523.1 million for the fiscal year ending March 2023, falling short of VF Corp’s $600 million target. Meanwhile, Rhuigi Villaseñor, the designer behind Rude, has been accused of stealing the company’s money to support his “lavish lifestyle.”
Below, Hypebeast has rounded up the best fashion stories of the week so you can stay up-to-date on trends in the industry.
Rihanna stars in Pharrell’s first Louis Vuitton campaign.
Before Pharrell’s official debut at the helm of Louis Vuitton, the menswear artistic director landed his first campaign for the French maison, representing Rihanna.
On Instagram, Pharrell shared a picture of himself standing in front of a gargantuan billboard suspended from a building in Paris with the caption, “Louis Vuitton Men’s Spring-Summer 2024.” Throughout the campaign, Rihanna puts her baby bump front and center, wearing several of LV’s signature accessories.
Pharrell will debut his inaugural menswear collection for Louis Vuitton on June 20 at Paris Fashion Week.
At the end of March 2023, the highest reported income has decreased
In the year It reported higher revenue of $523.1 million for the fiscal year ended March 2023, down $38.4 million from the same figure last year, according to a report by parent company VF Corp.
Rhuigi Villaseñor stole money from Rhude’s company to support a “lavish lifestyle”, according to a new federal indictment.
Rhuigi Villaseñor, the designer behind Los Angeles-based luxury streetwear label Rude, is accused of stealing company funds to fund his own “luxurious lifestyle,” according to a federal indictment. Los Angeles Times.
George Robertson, who owns a 20% stake in the Rhude brand, alleges in the lawsuit that Villaseñor has been “robbing the coffers of Rude’s companies with his expensive bills, including private jet travel, Italian vacations, Ferraris.” , Lamborghinis and a collection of $ 100,000 watches, “on the ramp.
Robertson, who is seeking compensation from Rudd’s companies and removal of Villasenor’s executive power, also claims the designer earned more than $30 million in annual revenue. But when the brand’s sales hit eight figures, Robertson, as co-owner, said he received $41,000 in annual distributions from Villaseñor. Robertson also revealed that Villasenor regularly sold Rhude’s items to VIP customers through private sales, concealing the sales.
Jacques will hold the next show at the Palace of Versailles
Jacques announced earlier this week that his next runway show will be held at the Palace of Versailles.
Being able to perform at Versailles has always been a childhood dream, says Simone Porte-Jacquemus. WWD. “I was very inspired by the design process in this historic space, so different from my previous shows but still very Jacquemus, it made me think of many new creative possibilities. I am truly honored and proud to be able to show there as an independent fashion house. It will be a very special moment for Jacquemus.”
In addition to unveiling its latest collection, the upcoming show will serve as the next step in the brand’s shifting strategy to expand its global retail arm. “The aim is to create strong luxury brand indicators around Jacquemus, increasing their collective consciousness,” said Jacquemus CEO Bastian Daguzan.
The Versailles exhibition at the Palace of Jacques takes place on June 26.
Daniel W. Fletcher will step down as creative director of Fiorucci
Daniel W. Fletcher will leave his role as artistic director of Fiorucci menswear at the end of June. WWD.