Phoebe Philo Readies New Brand and Nike Q4 Sales Beat Expectations in This Week's Top Fashion News

This week, the fashion industry’s most-talked-about headlines spanned a vast spectrum. Among them, new information surfaced regarding Pheobe Philo’s forthcoming brand, confirming that the label’s first collection will include more than 150 styles across ready-to-wear, accessories and much more. Meanwhile, Nike reported revenues of $12.8 billion USD in Q4, beating out Wall Streets expectations, and Louis Vuitton dropped off Pharrell’s first menswear campaign, starring Rihanna.

Elsewhere, Louis Gabriel Nouchi took home the 2023 ANDAM Fashion Prize; Carlos Alcaraz was named Louis Vuitton’s newest ambassador, and Kim Kardashian dropped off a Steven Klein-shot SKIMS campaign.

Below, Hypebeast has rounded up the top fashion stories of the week so you can stay up to date on trends in the industry

Born X Raised Co-Founder Chris “Spanto” Printup Died

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Born X Raised on Wednesday confirmed that Chris “Spanto” Printup died after suffering injuries from a car crash in Albuquerque, New Mexico. The beloved designer leaves behind his wife Anna and three children — Marilyn, Carter and David — as well as his extended family and, as written in the brand’s Instagram post, “his family at Born X Raised, his extended native family, the city of Los Angeles that he loved and championed, and an extended network of true friends.”

Spanto founded the famous streetwear label alongside Alex “2Tone” Erdmann 10 years ago, and it has since blossomed into one of Los Angeles’ favorite imprints. Over the years, the brand has secured collaborations with the likes the Lakers, Dodgers, Kings, Rams and LAFC, among several other major franchises.

Learn more about the designer’s life here.

New Details Surfaced About Phoebe Philo’s Forthcoming Brand Launch

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Since announcing the launch date for her eponymous fashion label in February, Phoebe Philo has been silently crafting the brand’s inaugural collection, due out in September of this year. According to a new report from WWD, the signature line, which will mark Philo’s much-anticipated return to the industry, is slated to include ready-to-wear, leather goods, jewelry, eyewear and footwear.

The collection is expected to feature more than 150 pieces, and it will launch via the brand’s online store, with shipping initially available in the U.K., Europe and the U.S. Notably, former Canadian-Ukrainian model Daria Werbowy, who often appeared in Philo’s Celine campaigns, will be a face of the brand, per the outlet.

Nike Q4 Reported $12.8 Billion USD Sales

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Nike’s fiscal 2023 Q4 results came in this week, revealing tha the Oregon-based company earned revenues of $12.8 billion USD. Per the report, the Swoosh earned a 5% increase in revenues, when compared to last year’s numbers, to surpass Wall Street’s expectations of $12.59 USD in sales.

The company did, however, fall short in earnings, falling 28% to $1 billion USD with diluted EPS of 66 cents. For the entire fiscal year, Nike’s revenues increased by 10% to reach $51.2 billion USD. Net income declined by 16% at $5.1 billion USD.

In a statement, Nike’s CEO and president John Donahoe said, “Our investment in innovation and our digital leadership are fueling broad-based growth across our portfolio of brands, as we create value by serving the future of sport.”

Rihanna’s Full Louis Vuitton Campaign Arrived

Louis Vuitton

Pharrell’s first-ever Louis Vuitton show was a star-studded fashion spectacle — one that effectively ushered in the House’s next era with the unveiling of its Spring/Summer 2024 collection. In its aftermath, the freshly-minted menswear artistic director’s takeover continued, with the official launch of his first, fully-fledged SS24 campaign, starring Rihanna.

Shot by Keizō Kitajima and Martine Syms, the imagery was previously teased on the face of a building in Paris ahead of the brand’s opening-night runway, per Pharrell’s Instagram. Now, with three official posters and an accompanying video, the full campaign looks to highlight Louis Vuitton’s new Speedy: an adaptation of its emblematic Speedy bag that’s inspired by the locale of Pharrell’s entrance into luxury, Canal Street in New York City.

Louis Gabriel Nouchi Won the 2023 ANDAM Fashion Award

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Louis Gabriel Nouchi took home the coveted ANDAM Fashion Award on Thursday, beating five other finalists to score €300,000 EUR and a one-year mentorship from Chloé’s chief executive officer Riccardo Bellini.

The Paris-based designer accepted the trophy during an outdoor ceremony at the Palais-Royal’s gardens in the French capital. He joins an impressive roster of previous winners, which includes the likes of Viktor & Rolf, Christophe Lemaire, Jeremy Scott, Bianca Saunders and Marine Serre.

Elsewhere at the ceremony, ANDAM presented both Ester Manas and Durank Lantik with the runner-up Special Prize, which comes with a cash prize of €100,000 EUR as well as coaching. The additional finalists included GmbH’s Benjamin Huseby and Serhat Isik; Gauchere’s Marie-Christine Statz, and Andreadamo’s Andrea Adamo.

Carlos Alcaraz Was Named Louis Vuitton’s Newest House Ambassador

Louis Vuitton

Grand Slam Champion and the world’s youngest No. 1 tennis player Carlos Alcaraz became the newest Louis Vuitton House Ambassador on Wednesday. Marking his latest feat in fashion (following a Nike sponsorship as well as Rolex and Calvin Klein endorsements), this new title will see the tennis player represent the French House in marketing campaigns and at events.

“It’s such a dream to me to be a part of the Louis Vuitton family,” said Alcaraz in a video posted on Instagram. “I saw people with Louis Vuitton bags and I always wanted to get one of those.”

The athlete is the latest face to join the Maison, following the likes of Zendaya, J-Hope and Chloe Grace Moretz, among others.

Kim Kardashian Starred in a Steven Klein-Shot SKIMS Campaign

Steven Klein

Kim Kardashian’s shapewear brand SKIMS is known for its star-laden campaign visuals. Over the last several months, the label has put forth sartorial imagery fronted by musical starlets Ice Spice, PinkPantheress and SZA, as well as Snoop Dogg’s entire extended family. But this week, the imprint looked to stray from its traditional in-studio format with something different: a stylistic editorial campaign, shot by Steven Klein and starring Kardashian herself.

Showing off SKIMS’ latest Rubberized Scuba and Faux Leather swim collections, the imagery pictures the brand’s founder amidst a slew of models in a ’90s summer-inspired scene. In the foreground of one shot, Kim appears laid back in the label’s latest separates and sets atop vivid, green grass and next to a bright, blue pool; in the backdrop, models appear entangled with one another and suspended on chain-linked hoops. It’s tastefully chaotic, offering a fresh identity for the SKIMS tag.

Rihanna Stepped Down as Savage X Fenty CEO

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Reports surfaced earlier this week claiming that Rihanna will be stepping down from her role as chief executive officer of Savage X Fenty. Hillary Super, the former Anthropologie Group CEO, will assume the title, while Rihanna will maintain an executive chair position, effective June 26.

“It’s been beautiful to see our vision for Savage X Fenty impact the industry at such an incredible magnitude over the last five years. This is just the beginning for us, and we’re going to continue to expand in ways that always connect with the consumer,” said Rihanna in an official statement. Adding, “I’m so grateful and excited to welcome Hillary Super as our new CEO – she is a strong leader and is focused on taking the business to an even higher level.”