Must Read: Maria Grazia Chiuri to Receive Neiman Marcus Award, Stitch Fix Ends Full-Time Hours for Stylists
These are the stories making headlines in fashion on Friday.
Maria Grazia Chiuri to receive Neiman Marcus Award
Dior's creative director Maria Grazia Chiuri is the 2024 recipient of the Neiman Marcus Award for Distinguished Service in the Field of Fashion. Christian Dior himself received the same award in 1947, and now Chiuri, the fashion house's first female creative director, will be honored for her significant impact on the industry and her continued representation for women in fashion. Chiuri will receive the award on March 3 at the Neiman Marcus awards celebration during Paris Fashion Week at the Ritz Hotel. {Fashionista inbox}
Stitch Fix ends full-time hours for stylists
Stitch Fix, known for its mix of AI and human stylists, is shifting full-time hours for stylists to a part-time-only employment model, which will take effect on March 31, WWD reported on Thursday. The brand has opted for a belt-tightening strategy after it faced a series of down quarters, and the latest quarter in December beat estimates and pulled adjusted losses below expectations with a reported revenue of $364.8 million. Stitch Fix stylists have always been a combination of full- and part-time workers, but their numbers have been shrinking: The brand employed 5,100 stylists in 2020 compared to 2,620 stylists in July 2023. {WWD/paywalled}
Can Amiri become the next global luxury fashion house?
In 2023, American designer Mike Amiri was nominated for Menswear Designer of the Year at the CFDA Fashion Awards and his business surpassed $300 million in annual sales, but his brand is polarizing among some fashion insiders, Samuel Hine writes for GQ. Amiri's clothing is a staple within the wardrobes of NFL and NBA stars, young Hollywood and hip-hop artists, and his label could become the next international luxury powerhouse. From the rockstar feel of his skinny moto jeans to his aesthetic revamp in 2021 that ushered in tailored trousers with a touch of sophisticated leisure, Amiri has built up commercial success both at home and abroad. {GQ}
EU bans "misleading" environmental claims relying on offsetting
As part of a crackdown on the misleading environmental claims often used by brands and corporations, the EU will ban terms such as "climate positive" that rely on the practice of offsetting, by 2026. Members of the European parliament voted on Wednesday to outlaw verbiage like "environmentally friendly", "natural", "biodegradable", "climate neutral" or "eco" without proof. Furthermore, carbon offsetting schemes can no longer be used to substantiate claims of sustainability; instead, only approved certification schemes will be allowed. {The Guardian}
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