New York Fashion Week, which has been renamed American Collections Calendar, is being held virtually today, and according to one analyst, the inclination to watch has “significantly diminished.”
For the fall 2021 season event, most designers will showcase their collections in lookbooks, presentations and on virtual runways over the Council of Fashion Designers of America (CFDA) platform.
The Analyst: There are a number of huge names in the fashion industry that investors will be watching closely for gains despite a virtual show without the air kisses and afterparties.
“I hate to be the angel of Fashion Week death here, but an abbreviated, quasi-virtual, socially-distanced New York Fashion Week almost seems like a quaint, antiquated notion,” Kristin Bentz, president KB Advisory Group LLC told Benzinga.
According to Bentz, from a trading perspective many of the big fashion names have opted out, choosing to livestream their own events, including Ralph Lauren Corp