The Loop Issue Nineteen
WHO:
Estee Lauder announces new CEO: Stéphane de La Faverie
Estee Lauder proudly presents Stéphane de La Faverie, who will succeed Fabrizio Freda as CEO and president of Estée Lauder Companies on January 1, 2025. De La Faverie has spent over 13 years within the industry, with prior experience at L’Oréa as the Senior Vice President. In addition, William P. Lauder will step down as executive chairman but remain chair of the board. De La Faverie, alongside Jane Lauder, has led the company’s recovery plan since 2023, focusing on brand revitalization and expansion in Asia entailing brand updates, marketing overhauls, and distribution through Amazon.
The faces of 2024’s most iconic Halloween costumes
2024’s most memorable Halloween costumes combined dramatic makeup transformations and custom costumes to create harrowingly realistic looks. From Kim Kardashian to Alix Earle, here’s a glimpse at some of this year’s top celeb costumes. (top left Alix Earle, top right Alex Cosani, bottom left Kim Kardashian, button right Heidi Klum)
A look into Kamala Harris’s style throughout her campaign
Throughout her campaign, Kamala Harris showcased her signature style: tailored pantsuits in neutral or jewel tones, pointy-toe pumps, and powerful silhouettes of shoulder pads and tapered trousers. Harris's style choices often carry a deeper meaning, like the tan Chloé suit worn to the Democratic National Convention alluding to President Obama's past fashion statement. Throughout every event, Harris's wardrobe underscored her confidence and eagerness for impactful leadership.
Billie Eilish on Vogue's November 2024 cover
Photo by Vogue
If you haven’t already heard, beloved Gen Z artist, Billie Eilish, is the face of Vogue’s November 2024 issue. Since the onset of her career, the world has been captivated by her evolving maturity in both music and personal character, creating a completely new culture and connectedness within music. On the cover, she is pictured in various baggy pant suits by Gucci, Bottega Veneta, and Burberry–an ode to her iconic streetwear-grunge style.
WHAT:
Miu Miu sales surge 105% during the international luxury downturn
Upon steady declines in luxury revenue, Miu Miu’s retail sales more than doubled in the third quarter. This marks a 105% year-on-year increase for the luxury brand, which has been driven by the brand’s dedication to a whimsical and free-spirited portrayal of femininity.
Aritzia’s secret sauce: how they engineered their explosive growth
Photo by The Charles Street Times
Arguably one of the most popular brands amongst Gen Z, for everything from business casual to high-quality basics, Aritzia has engineered its explosive growth by positioning itself in a blank space within the fashion industry. Their differentiation emphasizing timelessness makes consumers come back time and time again for wardrobe updates. Leveraging a price point between luxury and fast fashion, alongside upleveling the shopping experience, Aritzia has more than doubled its revenue since 2019–with projections for even more growth.
The New York Marathon turned into a fashion show?
Photo by The Business of Fashion
Fashion has turned a new focus on running culture, making major marathons serve as the perfect stage for brands to advertise both performance and lifestyle products. Rather than the anticipation for a 26.2 mile, the New York Marathon emulated a fashion week: with numerous product collaborations, pop-ups, and sponsored fitness events.
The ultimate guide to building your holiday wishlist
The holiday season is upon us–and we’re starting to sense the panic. Don’t fear, the MFMS is here! If you feel like you don’t have clothes for class, ask for a Comfort lounge set or some classic Skims basics. Think ahead to any professional events coming up and consider Aritzia’s iconic Effortless Pant or Reformation’s collection of business casual vests and blouses. Sick of asking for just clothes? Look for a fun pair of shoes, new signature perfume, or a restock of your favorite makeup and skincare products.
WHEN:
Miami Fashion Week is coming up fast!
Just over a week away, be sure to stay tuned for Miami Fashion week on November 19th-23rd. The final fashion week of the year will feature Lafayette 148 alongside several other Latin American designers.
Combatting dry skin during seasonal changes
The lack of moisture during cold winter months causes increasingly dry skin. The most obvious tip? Find products with hydrating and moisturizing ingredients: emollients, humectants, and occlusives. Emollients aim to smooth and lubricate the outermost layer of our skin, such as ceramides and silicones. These work alongside humectants, such as hyaluronic acid and honey, which absorb water into our skin to decrease dryness. Lastly, occlusives prevent moisture loss in the skin while supporting skin barriers, and are found in waxes and oils. These three ingredients are crucial to protecting your skin from dryness in the coming months.
WHY:
To inspire and educate the next generation of fashion industry leaders by connecting them to creative and professional opportunities across the retail world. The Michigan Fashion Media Summit is the premier platform for college students and industry professionals to collaborate and shape the future fabric of fashion.
