Bottega Veneta Wins Big, French Luxury Goods Might Have a Heavy New Tax

by Aria Darcella
Bottega Veneta

Read today’s dose of chic intel right here…

Bottega Veneta Sweeps the Fashion Awards (British Fashion Council)
Daniel Lee certainly had a big night at the 2019 Fashion Awards. The designer for Bottega Veneta picked up four trophies, a massive feat considering he only debuted his first collection for the brand one year ago. He wasn’t the only fresh face in the winner’s circle — Rihanna picked up the Urban Luxe award for Fenty, which launched in May. Below is a full list of winners.

Brand of the Year: Bottega Veneta
British Designer of the Year, Menswear: Kim Jones for Dior Men
British Designer of the Year, Womenswear: Daniel Lee for Bottega Veneta
Accessories Designer of the Year: Daniel Lee for Bottega Veneta
British Emerging Talent, Menswear: Bethany Williams
British Emerging Talent, Womenswear: Rejina Pyo
Designer of the Year: Daniel Lee for Bottega Veneta
Business Leader: Remo Ruffini for Moncler
Model of the Year: Adut Akech
Urban Luxe: Fenty
Fashion Icon: Naomi Campbell
Outstanding Achievement: Giorgio Armani
Isabella Blow Award for Fashion Creator: Sam McKnight
Designers’ Designer Award: Christopher Kane
Trailblazer Award: Sarah Burton

Rihanna (Daniele Venturelli/WireImage, Courtesy of Fenty)

The U.S. Might Impose Heavy Taxes On French Goods (WWD)
French luxury goods — as well as wine and cheese — might get significantly more expensive. The U.S. government is considering a 100 percent tax on French imports in retaliation to a French tax on “online activity.” After a review, a U.S. trade representative said the digital services tax “discriminates against U.S. companies, is inconsistent with prevailing principles of international tax policy and is unusually burdensome for affected U.S. companies, such as Google, Apple, Facebook, and Amazon.” It is unknown when the tax would go into effect, but the government will be taking public comments on the issue until January 6th, and rebuttals until the 14th.

Louis Vuitton

Louis Vuitton Fall 2019 (firstVIEW)

Launchmetrics Acquires IMAXtree
Launchmetrics, the Brand Performance Cloud for the fashion, luxury, and beauty industries, has acquired the visual production and distribution brand IMAXtree. The price of the acquisition was not revealed, although it is Launchmetrics’ first since the company’s $50M fundraising round in September 2018.

“We are ​empowering companies to build the right content and experiences so they can increase their brand momentum and improve performance​,” says Michael Jais, CEO of Launchmetrics. “IMAXtree will enhance our Brand Performance Cloud to provide unique assets, tools, and high-touch professional services to our clients… By applying our proprietary Media Impact Value metric, among other data capabilities, in a visual context, brands will be empowered to measure which experiences perform best and gain insights as to what content most resonates with their consumers, impacting their bottom line.”

Andrea Oreni, CEO of IMAXtree, and Michael Jais, CEO of Launchmetrics (Courtesy)

Jonathan Cohen Launches Eco-Friendly Line
The Studio is a new capsule collection by Jonathan Cohen made entirely from upcylcled fabrics salvaged from previous seasons. After saving 1,500 sheets of paper per person when the design team shifted to digital sketching, Cohen and his CEO, Sarah Leff, were interested in other ways of cutting down. They noticed approximately 10 to 20 percent of textiles used in garment manufacturing were going to waste.

Now, all post-production fabric is collected from the brand’s New York factories to be potentially used for The Studio. Cohen’s goal is to reduce the yardage of fabric going to landfill to zero. “The Studio has been a really exciting way to continue our ready-to-wear brand and put a system in place to deal with excess waste,” he says. “Creating something new out of materials that would otherwise be discarded results in environmental and financial benefits.” Pieces from The Studio range in price from $95 to $3225, and are available online now.

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