Must Read: Casa Magazines Sold, U.S. Lawmaker Demands Answers From Loro Piana Over 'Exploitation' in Peru
Photo: BG034/Bauer-Griffin/GC Images
These are the stories making headlines in fashion on Wednesday.
Casa Magazines has been sold
Casa Magazines, the West Village newsstand known for its extensive assortment of fashion and art magazines from around the world, has been sold. Mohammed Ahmed, who owned and operated Casa since its opening in 1994, is retiring at 74 and has sold the shop to Iconic Magazines. Hemal Sheth of Iconic Magazines told Curbed that the shop will remain much the same, and shop manager Ali Wasim will continue to run it day to day. {Curbed}
U.S. lawmaker demands answers from Loro Piana over "exploitation" in Peru
U.S. Congressman Robert Garcia called upon LVMH-owned Loro Piana to answer for alleged "exploitation" of Indigenous workers of the Peruvian Andes, who shear vicuñas to make the luxury fashion brand's $9,000 sweaters. Garcia sent a letter on Friday to Loro Piana Chairman Antoine Arnault and CEO Damien Bertrand demanding the company send written responses to Congress by the end of April. "Despite the success of Loro Piana, the Indigenous people of this region remain deeply impoverished," Garcia wrote in the letter. "This is little evidence the benefits of the return of vicuñas population has trickled down to those it should be benefiting most." {Bloomberg}
Fashion Scholarship Fund to award 130 students
The Fashion Scholarship Fund will award more than $1.4 million to 130 students at a New York City event on April 8. Hosted by Paloma Elsesser, the event will also honor Michael Burke, chairman and CEO of LVMH Fashion Group; Tracee Ellis Ross, actor, CEO and founder of Pattern Beauty; and Pete Nordstrom, president and chief brand officer of Nordstrom Inc. The work of the 130 FSF Scholars — including recipients of the Virgil Abloh Post-Modern Scholarship Fund — will be showcased during the event, and each student will receive a scholarship between $5,000 and $25,000. {WWD/paywalled}
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