Karl Lagerfeld news and archive

Hun Kim, creative director at Karl Lagerfeld: “AI is no longer an experiment, it’s a necessity”

Redesigning the workflow “When I first began as a designer, the process was always the same,” Hun Kim, creative director at Karl Lagerfeld, explained during his talk at the online Alvanon 3D Tech Fest last week, where he shared how Karl Lagerfeld has welcomed AI into its design process. “We sketched ideas, chose fabrics, made technical drawings,...

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Business

G-III Apparel Q2 sales down, tariff impact expected

For the second quarter, G-III Apparel Group's net sales decreased 5 percent to 613.3 million dollars compared to the same period last year. Net income for the quarter was 10.9 million dollars, or 25 cents per diluted share, a decline from 24.2 million dollars, or 53 cents per diluted share, a year ago. G-III also repurchased 1.14 million of its...

People

Japanese designer Soshi Otsuki named LVMH Prize winner

Paris - Japanese designer Soshi Otsuki has been awarded the 12th annual LVMH Prize, an award that recognises promising young fashion designers. Otsuki received the top prize of 400,000 euros at the Fondation Louis Vuitton in Paris from Indian actress Deepika Padukone. A specialist in tailoring, Otsuki launched his menswear label, Soshiotsuki, in...

Culture

Lagerfeld's life as a graphic novel

Those seeking light summer reading may find what they're looking for in Alfons Kaiser's latest project. The fashion critic of the Frankfurter Allgemeine Zeitung (FAZ) has now released his 383-page biography of Karl Lagerfeld as a graphic novel. Illustrator and comic author Simon Schwartz has selected key moments from the book, tracing...

People

Karl Lagerfeld's country house to be auctioned in July

Paris – Karl Lagerfeld's country house on the outskirts of Paris was auctioned on July 1, 2024, the notary in charge of the sale reported. The 600 square metre, fully renovated, 19th-century house is situated in Louveciennes, about 12 miles southwest of Paris. 'Villa Louveciennes' was purchased by the designer in 2010 and kept until his death in...

Culture

New documentary explores the life and legacy of Karl Lagerfeld

Paris (dpa) - If anyone understands the craft - or rather, the art - of documentary filmmaking and celebrity portraits, it’s Gero von Boehm. In a small but sophisticated film, the 71 year old now gets to the bottom of the man, myth and fashion designer Karl Lagerfeld (1933-2019). ‘karl - the man behind the mask’ (60 minutes) was broadcast on...

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Karl Lagerfeld parent G-III posts surprising sales and profit growth

US clothing group G-III Apparel Group Ltd. closed the 2024/25 financial year with surprisingly strong sales and profit growth. This is evident from the annual report that the parent company of fashion brands Donna Karan, DKNY, Karl Lagerfeld and Sonia Rykiel presented on Thursday. In the past fiscal year, which ended on January 31, the group's...

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Fairs

Karl Lagerfeld to return to Pitti Uomo with immersive brand experience

Karl Lagerfeld has announced its upcoming return to Pitti Uomo in Florence, Italy. Taking place from January 14 to 17, 2025, Karl Lagerfeld will host a one-of-a-kind immersive presentation that invites visitors to step into the World of Karl. The presentation at Pitti Uomo aims to capture the brand’s heritage through storytelling and custom...

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G-III raises earnings guidance for fiscal 2025

G-III Apparel Group’s third quarter net sales increased 1.8 percent to 1.09 billion dollars, while net income was 114.8 million dollars or 2.55 dollars per diluted share. The company said non-GAAP net income per diluted share was 2.59 dollars for the quarter compared to 2.78 dollars in the same period last year. Commenting on the financial...

Fashion

H&M marks 20th anniversary of Guest Designers Collaborations with limited re-release drop

H&M is celebrating the 20th anniversary of its guest designer collaborations by revisiting and releasing some of its most iconic collaborative collections. The Swedish fashion retailer launched its first designer collection with Karl Lagerfeld, the creative director of Chanel at the time, in 2004. One of the first of its kind, the collaborative...

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G-III raises fiscal 2025 profit guidance

G-III Apparel Group reported net sales for the second quarter decreased 2 percent to 644.8 million dollars. Net income for the quarter rose to 24.2 million dollars or 53 cents and non-GAAP net income per diluted share increased to 52 cents. The company expects 2025 net sales to increase by approximately 3 percent to 3.20 billion dollars, net...

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G-III Apparel Group posts sales and earnings growth

G-III’s net sales for the first quarter were 609.7 million dollars , while net income rose to 5.8 million dollars or 12 cents per diluted share versus the prior year’s quarter. Non-GAAP net income per diluted share was 12 cents for the quarter compared to 13 cents in the same period last year. Commenting on the first quarter results, Morris...