Trend Report: Global Fashion Roundup

by Editorial

Cannes Film Festival, Museum Exhibits, Gilt Groupe now worth $1 Billion  and more designer news.
By Nichole Devolites

Image Courtsey of Chanel

This past week, the Cannes Film Festival officially kicked off with a screening of Woody Allen’s Midnight in Paris as the Festival’s opening ceremony.  See who wore what red carpet.

…and speaking of Cannes, Chanel takes this opportunity to debut their Cruise Collection, just days before the Film Festival kicks off.

Still, what would Chanel be without an accessory-of-the-moment that gets the elite chattering?  This year, it Chanel’s Man Turban.

Museum Hype

With the unbelievable success of Alexander McQueen’s exhibit, it seems to have set off a new must-have for designers and couture collectors alike.

An avid Alexander McQueen collector, Daphne Guinness now wants to showcase her Isabella Blow Collection in a ‘Virtual Museum.

… and if that isn’t enough, Marc Jacobs is getting a museum exhibit too, except it will be for his work with Louis Vuitton.

Designer News Mashup

As anticipated, Rachel Zoe’s 2012 Resort Collection is very seventies, which makes sense, given her style.

Proving that ready-to-wear couture is making a comeback, Giambattista Valli will be showing his collection in July.

Each designer gets his or her start somewhere in the business and Michael Kors shares his… selling tie-dyed jeans. See which major department stores wouldn’t hire him when he was at F.I.T.

…and speaking of building an empire, Gilt Groupe has announced that their valuation has doubled over the past year to $1 Billion. There are a lot of luxury-hungry shoppers out there.

What luxury designer isn’t launching a children’s line?  Versace announcesHigh-end, Glamorous Children’s Clothes ‘With a Touch of Rock ‘n’ Roll’ “.

CoCo Chanel Has One and So Does Valentino…

Designer documentaries are still a must-have, especially when you’ve achieved longevity in this business.  Watch an Exclusive Clip From L’amour Fou, the New Yves Saint Laurent Documentary.

Models and Bankers No Longer the Perfect Match?

Bankers disappointed by lack of models at Fashion Meets Finance Event.

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