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Unpacking Alexander Wang’s Rise, Fall and Attempted Return to Fashion

Unpacking Alexander Wang’s Rise, Fall and Attempted Return to Fashion

FromThe Debrief


Unpacking Alexander Wang’s Rise, Fall and Attempted Return to Fashion

FromThe Debrief

ratings:
Length:
18 minutes
Released:
Apr 27, 2022
Format:
Podcast episode

Description

BoF’s Lauren Sherman and Matthew Schneier, senior writer at New York Magazine and The Cut, discuss the former star designer’s attempted industry re-entry following a slew of sexual assault allegations.  Background:  Following a flurry of sexual assault allegations — which some thought would wipe him from fashion forever — Alexander Wang is attempting a return to fashion. After dressing celebrities including Rihanna and Julia Fox, and honing his business strategy in China, the designer staged a runway show in Los Angeles historic Chinatown — his first live event in more than three years.   But his plans were thwarted when swarms of consumers rejected the idea of any kind of Alexander Wang comeback following the fashion show — making it clear that his return to fashion is in no way guaranteed. Will consumers buy into a revived Alexander Wang?  “It's up to the public to decide whether they are still interested in what he has to say and whether whatever issues they may have with him personally impact their interest in hearing it,” said Matthew Schneier, senior writer at New York Magazine and The Cut.  Key Insights:  The rise of the Alexander Wang brand was fueled by Wang’s energetic, party-forward image. Even before publicly facing allegations of groping, non-consensual touching and druggings — the relevance of Wang’s brand was beginning to fade amid market shifts including the rise of luxury streetwear labels like Off White.It remains unknown how much the scandal affected Wang’s brand. According to a source close to the business, e-commerce sales have almost doubled since 2020.  Additional Resources: Alexander Wang Plans a Comeback: After sexual assault allegations tarnished his brand, the designer is back with a booming business in China, an upcoming show in Los Angeles and a broader strategy. What Will Happen to Alexander Wang?: Five men spoke to BoF about similar encounters with the New York-based designer, who is facing an onslaught of sexual assault allegations, which he vehemently denies. Could a backlash hurt his business?Join BoF Professional today with our exclusive podcast listener discount of 25% off an annual membership, follow the link here and enter the coupon code ‘debrief’ at checkout.  Want more from The Business of Fashion? Subscribe to our daily newsletter here. Follow The Debrief wherever you listen to podcasts. Hosted on Acast. See acast.com/privacy for more information.
Released:
Apr 27, 2022
Format:
Podcast episode

Titles in the series (42)

Welcome to The Debrief, a new weekly podcast from The Business of Fashion, where we go beyond the glossy veneer and unpack our most popular BoF Professional stories. Hosted by BoF’s chief correspondent Lauren Sherman, who after covering fashion and beauty for nearly two decades, will be your guide into the mega labels, indie upstarts and unforgettable  personalities shaping the $2.5 trillion global fashion industry. Hosted on Acast. See acast.com/privacy for more information.