This year I started subscribing to Women’s Wear Daily, which is a fashion industry newspaper. Wow! The amount of fashion news coming out on a daily basis is both overwhelming and fascinating. Here’s a small list of highlights from 2011 that caught my eye:
- The Metropolitan Museum of Art honored the late Alexander McQueen with a retrospective exhibit. The exhibit attracted over 600,000 visitors and was the museum’s eighth most popular show.
- Vera Wang adds to her long list of licensing contracts with a line of diamond jewelry for Zale Corp.
- Juicy Couture founders Pamela Skaist-Levy and Gela Nash-Taylor decide it’s time for something fresh and announce a new brand called Skaist-Nash.
- Fashion Institute of Technology in New York exhibits the personal clothing collection of style-icon Daphne Guinness.
- Dolce & Gabbana shut the D&G line.
- Gucci opens a museum in Florence.
- Liz Claiborne Inc. sells its brand to J.C. Penney.
- Costume designer Trish Summerville designs a clothing line for Target inspired by The Girl With the Dragon Tatoo.
- Tory Burch and Stella McCartney join dozens of designers and brands and announce a new fragrance.
- Miuccia Prada, Ferruccio Ferragamo, and Michael Kors take their companies public.
- Alexander McQueen’s Sarah Burton is honored by the British Fashion Awards with the title Designer of the Year 2011.
- Luxury brands target the growing middle-class in China.
- The industry lost designer Joan Vass, beauty business-woman Evelyn Lauder, and leader of couture embroidery Francois Lesage, among many others.
I have learned a lot about the business of fashion and I look forward to what’s ahead in 2012.