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Must Read: Raf Simons on Art vs. Fashion, Tom Ford Beauty Could Become the Next $1 Billion Brand

Plus, Gigi Hadid debuts design for FAO Schwarz soldier uniform.
Raf Simons at Calvin Klein's Fall 2018 runway show. Photo: Slaven Vlasic/Getty Images

Raf Simons at Calvin Klein's Fall 2018 runway show. Photo: Slaven Vlasic/Getty Images

These are the stories making headlines in fashion on Wednesday.

Raf Simons on art vs. fashion
Vanessa Friedman visited Raf Simons's home to discuss the link between his first love, art, and fashion. They spoke at length about the role Andy Warhol paintings have played in Simons' vision for Calvin Klein, with the Belgian designer opening up about how he feels about people's reactions to his work. {The New York Times

Tom Ford Beauty could become the next $1 billion brand 
Estée Lauder wasn't initially pleased with calling Tom Ford's limited-edition scent "Fucking Fabulous," but the designer insisted on the name. The perfume proceeded to go viral, and its projected $400,000 in sales turned into $25 million. "Such is the power of Tom Ford Beauty, which since launching its first fragrance, Black Orchid, in 2006 has grown into one of the jewels of Estée Lauder's portfolio," writes Rachel Strugatz for Business of Fashion. In the piece, Strugatz explores how Ford's understanding of the importance of digital storytelling coupled with his strong point of view is responsible for the rapid expansion of his beauty empire. {Business of Fashion

Gigi Hadid debuts design for FAO Schwarz soldier uniform
Gigi Hadid stopped by "The Tonight Show" on Tuesday evening to eat a 4 Charles burger and debut her collaboration with FAO Schwarz. The store, which reopens on Nov. 16 in New York, asked the supermodel to design the uniforms of the iconic soldiers that guard the toys. After unveiling the red military jacket, Hadid told Jimmy Fallon that she's really excited that the store will have female soldiers for the first time. You can watch the full clip below. {YouTube

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"Suspiria"'s costume designer on dressing the '70s-style remake 
"Suspiria," Luca Guadagnino's remake of the '70s horror film, depicts a dark story filled with blood, custom-made caftans and patchwork cloaks. The film's costume designer Giulia Piersanti spoke with Vogue about what went into dressing every bone-chilling scene, from working with real human hair extensions to creating original prints formed out of body parts. {Vogue

Refinery29 lays off 40 full-time employees
Refinery29 will lay off about 10 percent of its staff, or 40 full-time staffers, most of whom come from the product, engineering and video teams. In an internal e-mail sent to employees on Tuesday, the female-focused digital media company said it came up 5 percent short on its 2018 revenue target and is restructuring to "achieve 2019 goals and successfully grow over the long-term." {WWD

Artificial intelligence has the capacity to change the fragrance industry
IBM, along with flavor and fragrances producer Symrise, have teamed up to create an artificially intelligent computer that can act as a modern perfumer. Called "Philyra," the AI system analyzes over 1.9 million digitally archived formulas Symrise has created for clients, as well as thousands of raw ingredients across different markets, to create new scents for home products, fine fragrance and personal-care products. While still in its early stages of development, the AI technology could alter the fragrance industry by using millions of data points relating to taste preferences, demographics, consumer personality and available ingredients to create customizable and marketable fragrances within a matter of minutes. {Glossy

The Costume Council of the Chicago History Museum will honor Jason Wu
Jason Wu will receive the second-annual Presidents' Circle Honors Award from the Costume Council of the Chicago History Museum on Nov. 16. The award, named after the 15 presidents of the Costume Council, honors designers who are making an indelible mark in the fashion world. {WWD

Mytheresa expands into children's wear 
After dipping its toes in the kiddie pool last year, MyTheresa is diving all the way in with a permanent children's wear line. Dubbed Mytheresa Kids, the new website vertical will launch in January and carry clothing, shoes and accessories for girls and boys aged two to 12 and babies aged zero to 36 months. The range will debut with 35 brands, including Dolce & Gabbana, Gucci, Stella McCartney, Acne Studios, Marc Jacobs, as well as specialist children's wear brands. {Business of Fashion} 

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