Hedi was supported by prior season revenue and proper overhead for a house that had long been in existence. So again, my original points are supported. I get what you're saying, and agree to some extent. Phoebe has fans. Her works been proven.
First year, like every other start up or brand, is still vitally important for what's to come next. In strategic planning, first 5 years are important but second year is based on what you can do in year one. Whether you're surviving after a shortfall, or basking in doubling revenue. Breaking even is simply not enough, especially in the world of fashion. We know this.
Agree, she was in the fashion conversation when she had the PR of houses with long standing history. Past tense. Very much looking forward to seeing how she'll grow past year one, or sustain like you mention in 2/3 years. I really wish there was a different logo than the Times New Roman red text. Maybe she doesn't care, and is doing this all as a money grab. Maybe she won't do runway, or lookbooks, and won't do campaigns. We'll have to see.
First year of business is important but it hasn’t been a year yet. We are trying to dissect strategies and numbers since the first collection.
That’s why I think it’s important to see how things will evolve. Is she going to have a permanent collection? So far, her distribution has went from full online to one physical presence in NYC. The piece by Vanessa Friedman gave us pieces but so far, we have had 2 drops for UK, US and EU. Her line is not distributed in Asia yet, particularly South Korea, which is the driving machine in luxury like Japan was years ago.
Obviously, dropping on the net is not sustainable because of our attention that is very short. There’s an excitement and then it vanishes…But at the same time, it’s not like the majority of the people looking at it are clients anyway.
Hedi was supported by prior season revenue and proper overhead for a house that had long been in existence. So again, my original points are supported. I get what you're saying, and agree to some extent. Phoebe has fans. Her works been proven.
First year, like every other start up or brand, is still vitally important for what's to come next. In strategic planning, first 5 years are important but second year is based on what you can do in year one. Whether you're surviving after a shortfall, or basking in doubling revenue. Breaking even is simply not enough, especially in the world of fashion. We know this.
Agree, she was in the fashion conversation when she had the PR of houses with long standing history. Past tense. Very much looking forward to seeing how she'll grow past year one, or sustain like you mention in 2/3 years. I really wish there was a different logo than the Times New Roman red text. Maybe she doesn't care, and is doing this all as a money grab. Maybe she won't do runway, or lookbooks, and won't do campaigns. We'll have to see.
But I think she will always be part of the conversation because she is an iconic designer. Will she drive it? No.
I think that time has passed. But history has told us time and time again that the public may not align with the intentions of a designer. I bet her work will be received with the same old comments we get from all her colleagues who had the same level of influence: « I miss her work for Celine ».
It’s totally OK for a designer to design without the intention to not lead the fashion conversation. The last time Armani was a relevant name in terms of driving the fashion conversation was probably 24 years ago. What keeps the creative spark on his brand today is the Couture but then again, the Armani clientele is there. The same can be said about Legendary designers like Yohji and others.
She is a multimillionaire. I don’t think she is doing anything for a money grab. But it’s also OK to aknowledge that the choices she made like her logo, the color, the communication are her decisions. The fact that we don’t like it isn’t relevant.
I hate Hedi’s Helvetica but he doesn’t care. It’s his taste.
It’s her brand after all. And I believe that all those things that doesn’t please a lot of people were considerate. This isn’t an overnight project.