Must Read: Can Carine Roitfeld Become a Brand? Burberry Expects Growth After Riccardo Tisci Collection Hits
Plus, having too much available cash can be good and bad for fashion businesses.
These are the stories making headlines in fashion on Thursday.
Can Carine Roitfeld become a commercial success?
Carine Roitfeld — the iconic fashion editor, stylist and muse who's notoriously unafraid of controversy and nudity — recently launched a namesake line of fragrances, which could expand to include cosmetics, accessories and ready-to-wear. But will the woman who's helped so many other labels flourish be able to turn herself into a successful lifestyle brand? {Business of Fashion}
Burberry expects growth after Riccardo Tisci collection hits
Burberry reported broadly flat full-year revenue and profit on Thursday, as it re-positions under company chief Marco Gobbetti and designer Riccardo Tisci, whose debut collection hit stores earlier this year. During the earnings call, Gobbetti said the reaction from customers to Tisci's first collection has been "very encouraging," and that the company expects growth to be re-established in the second half as Tisci's collections build through the year. {Business of Fashion}
Bella Hadid and Lil Miquela make out for a new Calvin Klein campaign
Yeah, you read that right. {YouTube}
Having too much available cash can be good and bad for fashion businesses
Having a lot of cash in the bank gives investors a sense of confidence and stability. It also facilitates growth and expansion as companies can use the money to buy up competitors or acquire new skills. But if a company has too much money sitting around, some investors might start to push management to either put the funds to work or give it to shareholders by way of stock buybacks or dividends. {WWD}
Amandla Stenberg is the new face of Fenty Beauty
Announced Wednesday on Instagram, Amandla Stenberg is Fenty Beauty's newest ambassador. "I wanted to become a part of the Fenty Family because it's one of the few beauty brands that make me feel like myself," the 20-year-old actor says of their new gig. "Fenty Beauty's whole ethos makes me feel empowered and excited to let different facets of myself shine." {@fentybeauty/Instagram}
Nike reveals collaboration with Ambush, Marine Serre, Koche and MadeMe
Nike has tapped Ambush's Yoon Ahn, Koché's Christelle Kocher, MadeMe's Erin Magee and Marine Serre to create a new soccer-inspired lifestyle collection just in time for the Women's World Cup this summer. "We wanted to leverage the World Cup, a moment we believe will be a tipping point for women's sport, to engage our ever-expanding global community of partners from the fashion, design and culture space in supporting and elevating female athlete voices and sports moments," VP and GM of Nike Women Rosemary St. Clair tells British Vogue. "Together, this collective represents a voice and spirit for the next generation of athletes." {British Vogue}
Scott Disick on casual dressing and making clothes
Times have changed for Scott Disick, the peripheral Kardashian who was once portrayed as an insincere party boy. Now, the father of three runs a clothing line — which donates 3% of every sale to the nonprofit Fuck Cancer — is filming a new reality show about flipping houses and has swapped power suits for comfortable hoodies. The unlikely "KUWTK" protagonist opens up about it all in a new piece for GQ. {GQ}
Barbie to be honored at the 2019 CFDA Awards
Barbie will receive the Board of Directors' Tribute award at the 2019 CFDA Fashion Awards. The plastic doll, which celebrated its 60th birthday this year, is joining an esteemed group of past honorees that includes First Lady Michelle Obama, Tom Ford, Gloria Steinem, Janelle Monáe, Cecile Richards and Mayor Michael R. Bloomberg. "Barbie has had such wide influence on American fashion and culture," says President of the CFDA Steven Kolb in an official statement. "Her story personally resonates with so many CFDA members that the Board of Directors decided to honor her with the special tribute." {Fashionista inbox}
Vanity Fair launches full digital archives of past issues
In a little over a year, Radhika Jones has changed the tone of Vanity Fair by making it less glam and more reflective of the current cultural moment. Her latest move doesn't involve putting a white T-shirt on the cover, but it does literally bring the pages of the magazine into the digital age: Every issue of Vanity Fair, from its beginnings in 1913 to its revival in 1983 through to the present, is now accessible online. You can view the complete digital archive here. {Vanity Fair}
Nike launches circular design guide to promote sustainable business goals
Nike has created an open source design guide to help businesses reach their sustainability goals. The guide maps out the 10 principles of circular design to help the industry codify and standardize sustainability in the supply chain. You can view the full guide here. {Fashionista inbox}
