The-Glam-Observer-Report-2024-3_compressed
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.