Must Read: Highsnobiety Raises $8.5 Million, See Demna Gvasalia's First Balenciaga Men's Pre-Collection - Fashionista

Must Read: Highsnobiety Raises $8.5 Million, See Demna Gvasalia's First Balenciaga Men's Pre-Collection

Plus, why fashion needs to put more people of color in positions of power.
Author:
Publish date:
Photo: @highsnobiety/Instagram

Photo: @highsnobiety/Instagram

These are the stories making headlines in fashion on Friday.

Highsnobiety raises $8.5 million in funding in first-ever financing round
Menswear media brand Highsnobiety teamed up with Felix Capital, a London-based venture capital firm for the Creative Class, to hold its first financing round, which secured $8.5 million. The funding will help expand the company's content production agency Highsnobiety+, global events, product development and commerce opportunities, as well as invest in new technology and digital media to explore data, analytics and niche verticals for its readers. {Fashionista inbox}

See Demna Gvasalia's first men's pre-collection for Balenciaga
For his first men's pre-collection for Balenciaga, Demna Gvasalia shot males of all ages, shapes and hair lengths walking the city streets of Paris. In the images, many of the men sport Chanel-esque quilted murses, flared jeans and oversized outerwear. And while Gvasalia has already familiarized us with padded shoulders and boxy jackets, in this collection he introduces us to some heavy-duty chunky boots. {Vogue}

Why fashion needs to put more people of color in positions of power
"How do you create an industry with a huge blind spot when it comes to issues of race?" Jon Moy writes in an opinion piece for Highsnobiety. "You exclude people of color from positions of power and agency." Spurred by H&M's recent racist photo controversy, Moy argues that the fashion industry needs to hire more people of color to avoid making culturally and racially offensive mistakes. {Highsnobiety}

John Galliano presents his first menswear collection for Maison Margiela
John Galliano's first menswear collection for Maison Margiela put his huge imagination on full display — there was drama, glamour, color and plastic overlay. Many of the pieces were shockingly wearable – see: structured trench coats and finely tailored suits — just styled in a wacky way — see: swim caps and cloud-like pillow bags as accessories. You can view the full collection here. {Business of Fashion}

Edward Enninful on how all his jobs have influenced his newest role as editor in chief
On Thursday, Edward Enninful shared his career journey with fashion students of London's Condé Nast College. From working under Franca Sozzani and Anna Wintour, to learning how to tell compelling visual stories with Stefano Tonchi at W, Enninful recounts how he went from being a model to editing British Vogue. {Vogue UK}

Five technologies designed to boost business for retailers in 2018 
We might as well prepare the floral arrangements and get a mournful playlist going because brick-and-mortar retail is nearing its eternal slumber. And while we've had a great run with physical stores, it's time for brand and retailers to fully embrace the vastly digital and smartphone-obsessed world we live in. Therefore, from facial recognition to blockchain, Business of Fashion spotlights five important technology innovations that have the potential to transform retail in 2018. {Business of Fashion}

Designers discuss the Time's Up movement and its implications on red carpet dressing 
With awards season in full swing, WWD caught up with some of the most in-demand red carpet dressers to talk the Time's Up movement and whether or not celebrities should embrace color as the big Hollywood events proceed. Everyone from Donatella Versace to Prabal Gurung weighed in, reacting both to the significance of the Golden Globes blackout and to the lack of recognition designers received that evening. {WWD}

Stay current on the latest trends, news and people shaping the fashion industry. Sign up for our daily newsletter.