Interview Magazine Folds
Sad news of Interview Magazine folding broke this week as word came from former editors that the tome started by Andy Warhol had numerous financial obligations that have gone unpaid. In February, staff was evicted from its New York headquarters after Brant Publications had not paid rent for several months, and just this past month former editorial director Fabien Baron, his wife and stylist, Ludivine Poiblanc and former creative director, Karl Templer sued for an estimated $880,000 in backed wages. See some of our favorite covers from the troubled yet influential book here.
Carven files for bankruptcy
And the financial woes continue as French house Carven has filed for the French equivalent of Chapter 11 bankruptcy. Brand owner Beranger Group is seeking a new buyer and to be placed in receivership by the Paris Commercial Court after years of dwindling sales since the departure of Guillaume Henry in 2014. The closing of its New York outpost, canceling of its men’s line, and severe delays of Spring 2018 deliveries to retailers seemed to be the final nails in the fiscal coffin. [WWD]
Gucci joins Paris Fashion Week this fall
Keeping us all on our toes, Milanese powerhouse Gucci plans to show its Spring 2019 collection in Paris this September. Owned by French shareholder, Kering, this will mark the second time the brand has chosen to show on French soil with its resort 2019 show happening in Arles next Wednesday. [WWD]
Raf Simons Moving Mens Show Back to Paris
And Alessandro isn’t the only one partaking in the French Renaissance as Raf Simons is also slated to move his men’s show to Paris this Summer. While Simons has continuously shown in Paris in the past, it will certainly be a big blow to an already decreasing calendar for fashion week stateside with designers like Altuzarra, Rodarte, Thom Browne, and Proenza Schouler skipping out on the Big Apple. [VOGUE]
IMG Models President Ivan Bart named the head of IMG Fashion
In addition to his countless duties as president of IMG Worldwide, Ivan Bart will be replacing Catherine Bennett and overseeing all of IMG’s global fashion events including New York Fashion Week: The Shows and MADE, digital platform, Made to Measure (M2M) and photography reps, Art + Commerce ((worldwide)), The Wall Group ((worldwide)), and LENS (New York). IMG merged with Hollywood talent agency WME in 2014 with Bart, who has worked for IMG Models since 1994, becoming president soon after the merger. The agency represents notable names like Kate Moss, Karen Elson, Gisele Bündchen, Alek Wek, the Hadid sisters, Cara Delevingne, Kaia Gerber, and many more. [WWD]
