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The Glam Observer Report 2024 Notes

Introduction

  • The Glam Observer Report 2024 aims to recap significant moments and shifts in the fashion industry within the year.

  • Highlights include industry changes in leadership, notable fashion shows, important acquisitions, and more.

  • Special focus on workplace environments within fashion, underscoring factors like innovation and culture that influence careers.

  • Personal notes from CEO Giada Graziano reflecting on personal milestones and industry changes.

The Year of Ins and Outs

  • 2024 marked a significant transition in fashion leadership with many top designers leaving their roles.

  • Notable changes include:

    • Virginie Viard (Chanel) stepped down; Matthieu Blazy appointed.

    • Pierpaolo Piccioli (Valentino) departed; replaced by Alessandro Michele.

    • John Galliano left Maison Margiela after 10 years.

    • Hedi Slimane exited Céline; Michael Rider takes over.

  • The year highlighted as musical chairs, creating excitement and speculation about new talents.

Fashion Moments

  • Key fashion moments included:

    • Simon Porte Jacquemus receiving the Neiman Marcus Award for Innovation.

    • Rihanna became the face of J’Adore Dior.

    • Alessandro Michele's surprise debut collection for Valentino.

  • Major fabrications in fashion shows, notably John Galliano's Artisanal Couture show.

Biggest Deal of the Year

  • Mytheresa acquired Net-a-Porter from Richemont for a considerable sum, reshaping luxury e-commerce landscape.

    • Objectives behind the acquisition include maintaining distinct brand identities while avoiding price competition.

Acquisitions in 2024

  • EssilorLuxotica acquired Supreme from VF Corporation for $1.5 billion.

  • LVMH sold Off-White to Bluestar Alliance.

  • Saks Fifth Avenue acquired Neiman Marcus for $2.65 billion with financial backing from Amazon.

Fashion Shows

  • The report highlights impactful fashion shows of 2024, including:

    • John Galliano’sArtisanal Spring-Summer Couture show for Maison Margiela is noted for its theatricality.

    • Victoria’s Secret runway return after a six-year hiatus, and unique presentation formats by The Row.

Magazines

  • Marc Jacobs guest-edited the December issue of American Vogue, a first in the magazine's history.

  • The year marked significant thematic diversity in magazine covers focusing on fashion and creative expression.

Fashion Campaigns

  • Standout campaigns from 2024 include:

    • Daniel Craig's campaign for Baiada!

    • An array of brands like Saint Laurent, Balenciaga and others being honed as favorites.

Fashion Events and Awards

  • Met Gala 2024 showcased the theme "The Garden of Time" and co-hosted by famous personalities.

  • CFDA Fashion Awards recognized designers and emerging talents in the industry, including a first-ever transgender winner.

Beauty

  • Several brands launched new beauty lines this year, with notable entries from Céline, Balmain, and Valentino, enhancing their portfolios.

Jewelry and Accessories

  • Louis Vuitton launched fine jewelry for men.

  • Bulgari celebrated its 140th anniversary with exhibitions highlighting its latest high-end creations.

Collaborations

  • Several exciting collaborative collections were launched.

  • High-profile partnerships involved brands like Victoria Beckham, Zara, and Calvin Klein.

Fashion Start-up of the Year

  • Phoebe Gates co-founded Phia, an AI shopping tool focusing on sustainable fashion and second-hand markets.

Beyond Fashion

  • Luxury brands explored creative avenues like film production and literary engagements, exemplified by Louis Vuitton opening a café in NYC.

In Memory Of

  • Acknowledgment of contributions from departed fashion icons like Iris Apfel and Roberto Cavalli who passed away in 2024.

Top of Mind

  • Miu Miu recognized as the brand that resonated most with audiences in 2024, showcased by successful collections and strong runway presentations.

Most Hiring Companies

  • Notable companies that were highlighted for job postings include Dior, Chanel, Louis Vuitton, and numerous others reflecting expanded career opportunities in the fashion sector.