Must Read: Raf Simons Speaks Out, Richemont Indicates Tough Holiday Season for Luxury

And Peter Copping talks about the importance of committing fully to one company.
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And Peter Copping talks about the importance of committing fully to one company.
Raf Simons. Photo: Antonio de Moraes Barros Filho/Getty Images

Raf Simons. Photo: Antonio de Moraes Barros Filho/Getty Images

These are the stories making headlines in fashion this Friday.

Raf Simons discusses the difficulties of managing Dior
An excerpt from an upcoming interview with Raf Simons for System Magazine sheds some light on the designer's recent and unexpected departure from Dior. Simons tells critic Cathy Horyn that when he first joined Dior in 2012, he was worried about putting together his first couture show in just eight weeks. Towards the end of his tenure, he had only three and five weeks for each collection, leaving little time to build on different concepts. "I don't want to do collections where I'm not thinking," he said. "There's never enough time. You get a tension. I know how to pull out from in my personal life... But how to do that in the context of your professional life?" {Business of Fashion}

Peter Copping discusses the importance of committing to just one brand
Peter Copping has been acclimating well to his creative director position at Oscar de la Renta, despite enormous pressures. According to the designer, the key is to fully commit oneself to the label. "I know [Raf Simons] was traveling back to Antwerp a lot where he obviously had his own line, which was similar to Alexander Wang – who was traveling between New York and Paris when he was at Balenciaga." Copping revealed that he sold his apartment in Paris so that he would never have to contend with dividing interests. {Vogue UK}

Richemont foresees tough end of year for luxury
Richemont, owner of luxury brands Cartier, Van Cleef & Arpels, Montblanc and Piaget, posted its half-year results ending Sept. 30 — and things aren't looking pretty. Sales fell short of analysts' expectations, increasing 15 percent to €5.82 billion and sending share prices down 9.1 percent on Friday. Echoing statements made by other luxury companies in recent weeks, Richemont said it expects the remainder of the year to be "challenging." {Wall Street JournalRichemont