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What's Trending In Fashion (The Row Investment, Haider Ackermann Tom Ford, Sarah Burton Givenchy)

The Row, founded by the Olsen sisters, has recently sought additional investments. The family that owns French luxury house Chanel and the billionaire heiress of L’Oréal have both purchased a stake in the Oslen twins’ brand. According to Bloomberg, the family behind Chanel, specifically the Wertheimer brothers, have bought a minority stake in The Row through their family office Mousse Partners and L’Oréal heiress Francoise Bettencourt Meyers invests through her family vehicle, Tethys Invest. Fashion entrepreneur Natalie Massenet, who is the former executive chairman of Net-a-Porter, is also slated to invest in the label through her company Imaginary Ventures with Nick Brown. The Olsen sisters will still remain as The Row’s majority shareholders but this investment is expected to bring the valuation of the company up to $1 billion USD. So far, representatives from all parties have declined to comment. With The Row, Mary-Kate and Ashley Olsen have made a name for themselves in the quiet luxury sphere. Just earlier this year, The Row made headlines when it asked attendees to refrain from using social media during its Paris Fashion Week show, giving way to another level of exclusivity. The Row is considered one of the most sought-after brands in the world, with their handbags like the Margaux consistently selling out, even at a cost of $7,000 USD. The family behind Chanel are amongst a trio of France’s wealthiest dynasties. Mousse, the firm led by Alain and Gerard Wertheimer’s half-brother Charles, helped to take private Rothschild & Co. investment bank. The family office has been known to diversify on its investments, including in digital advertising firm Brandtech Group, Brightside Health,, biotechnology company Evolved by Nature and health-care provider Thirty Madison. Brothers Alain and Gerard Wertheimer are estimated to have a fortune worth around $43 billion USD. As for Meyers family’s Tethys, they have notably invested in French label Sezane and Ceva Sante, a company known for making pharmaceutical products and vaccines for livestock and pets. Bettencourt Meyers is the billionaire heiress to L’Oréal. Most of her fortune is amassed through her controlling stake in the company and is estimated to be around $84 billion USD. TOM FORD announces the appointment of Haider Ackermann as Creative Director, effective immediately. In his new role, Ackermann will assume the creative leadership across all TOM FORD fashion categories, including menswear, womenswear, accessories, and eyewear, and guide the creative vision for the overall brand. TOM FORD is owned by The Estée Lauder Companies Inc. (NYSE:EL) with the fashion business licensed to the Ermenegildo Zegna Group (NYSE:ZGN) and the eyewear business licensed to Marcolin SpA. Founder Tom Ford said, “I have long been a great fan of Haider’s work. I find both his womenswear and menswear equally compelling. He is an incredible colorist, his tailoring is sharp, and above all he is modern. We share many of the same historical references, and I could not be more excited to see what he does with the brand. I suspect that I will be the first on my feet to applaud after his show in March.” A French national born in Bogotá, Colombia, Ackermann's upbringing spanned Ethiopia, Chad, Algeria, The Netherlands, and Belgium, where he studied fashion at the Royal Academy of Fine Arts in Antwerp. Known for blending luxurious fabrics with impeccable tailoring, Ackermann has garnered acclaim for his avant-garde, yet wearable designs favored by celebrities. Ackermann's first collection will debut at Paris Fashion Week in March 2025. Givenchy announces the appointment of Sarah Burton as Creative Director, with immediate effect. Sarah will be responsible for the creative direction of all of the Maison’s Women's and Men's collections. Her unique vision and approach to fashion will be invaluable to this iconic Maison, known for its audacity and haute couture. I am convinced that her creative leadership will contribute to the future success and international standing of the Maison.” SUPPORT THE CHANNEL & GAIN ACCESS TO BONUS CONTENT ON PATREON:   / fashionroadman   MY FASHION E-BOOK (Effective Ways To Learn About Fashion): https://www.thefashionarchivemag.com/... JOIN THE FASHION DISCORD CHAT FOR FREE AND DISCUSS FASHION WITH LIKEMINDED PEOPLE:   / discord   SOCIAL MEDIA: https://linktr.ee/fashionroadman DONATE TO THE CHANNEL: https://paypal.me/odunayoojo WHAT I USE TO STREAM: https://streamyard.com/pal/d/57480878... #fashion #luxury #style #tomford #haiderackermann #therow 0:00 Intro 3:37 The Row Investment 1:22:22 Is Stefano Pilati Up To? 1:26:36 Ackermann Tom Ford 2:10:00 Sarah Burton At Givenchy