Fashion
BFC announces nominees for The Fashion Awards 2025
Award categories announced include Designer of the Year, British Womenswear Designer, British Menswear Designer and the Vanguard Award. This year, the BFC invited a jury of 19 distinguished critics, editors and buyers to finalise the shortlist of nominees, ensuring that all nominees meet the highest standards of quality, creativity and diversity. These will now be presented to a voting committee of leading industry members to review the shortlist and cast votes confidentially to balance perspectives and guarantee impartiality, the BFC said in a press release.
The BFC has announced the nominees for The Fashion Awards 2025, taking place on December 1 at the Royal Albert Hall.
Key categories include Designer of the Year, British Womenswear and Menswear Designer, and the Vanguard Award.
The shortlist, selected by a jury of industry experts, highlights innovation, creativity, and diversity, and will now be voted on by leading fashion professionals.
Designer of the Year recognises a British or international designer whose innovative collections have made a notable impact on the industry, defining the shape of global fashion. The 2025 nominees include Glenn Martens for his work at Diesel and Maison Margiela, Jonathan Anderson for Dior and JW Anderson, and Martine Rose for her eponymous label. Also nominated are Miuccia Prada for Miu Miu, Rick Owens for his continued influence through his namesake brand, and Willy Chavarria for his powerful and boundary-pushing work at Willy Chavarria.
British Womenswear Designer of the Year celebrates a leading British womenswear designer who has made a global impact through innovation and creativity, shaping the international womenswear landscape. This year’s nominees are Charlotte Knowles and Alexandre Arsenault for KNWLS, Emma Chopova and Laura Lowena-Irons for Chopova Lowena, and Erdem Moralioglu for ERDEM. Also recognised are Sarah Burton for her creative direction at Givenchy and Simone Rocha for her continued excellence with her eponymous brand.
British Menswear Designer of the Year honours a British menswear designer whose vision and creativity have shaped the international menswear scene. Nominees for 2025 include Craig Green for Craig Green, Foday Dumbuya for Labrum London, and Grace Wales Bonner for Wales Bonner. Also shortlisted are Kiko Kostadinov for his innovative namesake label, Nicholas Daley for his culturally rich menswear collections, and Stefan Cooke and Jake Burt for their collaborative work at Stefan Cooke.
The Vanguard Award recognises a designer at the forefront of a new wave in British fashion — a visionary creative demonstrating cultural leadership and global influence, helping to shape the future of the industry. This year’s nominees are Aaron Esh for Aaron Esh, Dilara Findikoglu for her bold and subversive label, and Feben for her namesake brand that blends identity and craftsmanship. Also nominated are Steve O Smith for his contemporary and emotionally resonant work, Tolu Coker for her powerful storytelling through design, and Torishéju Dumi for Torisheju, a brand gaining attention for its conceptual and culturally charged collections.
Fibre2Fashion News Desk (RR)
Fashion
Indian textile sector struggling in energy, waste management: ICRA ESG
Seventy-four per cent of top textile firms in the country adopted zero liquid discharge (ZLD) processes in fiscal 2024-25 (FY25), led by integrated players, while the industry’s waste recycling rate improved from 77 per cent in FY23 to 80 per cent in FY25, though waste generation rose by nearly 19 per cent.
Despite making strides in sustainability, India’s textile sector faces critical challenges in energy and waste management, according to a new report by the ICRA ESG Ratings Limited.
Both water and waste usage trends point towards the need for strengthening circularity in resource use.
The apparel, yarn and fabric segments are making gradual progress towards formal ESG governance frameworks.
Both water and waste usage trends point towards the need for strengthening circularity in resource use.
Maturing governance systems across the textile sector companies is another positive development. Fifty-seven per cent of integrated companies have environmental and social governance (ESG) committees; 71 per cent have set emission reduction targets.
The apparel, yarn and fabric segments are making gradual progress towards formal ESG governance frameworks.
However, challenges persist. Energy intensity remains high, particularly in the yarn and fabric segment, with renewable energy share being only 8 per cent in FY25, highlighting urgent need for decarbonisation, a release from the company said.
Only 21 per cent of companies disclose value chain emissions, indicating early-stage supply chain inclusion.
As global frameworks like the European Green Deal and the EU Carbon Border Adjustment Mechanism sharpen focus on carbon-heavy industries, Indian textiles must accelerate decarbonisation and circularity to maintain competitiveness, the company added.
“The transition is under way, but the pace must quicken. Targeted tech investments and collaborative frameworks are key for long-term resilience,” ICRA ESG chief ratings officer Sheetal Sharad said.
Fibre2Fashion News Desk (DS)
Fashion
Chanel taps Aegon’s top HR executive for luxury company role
By
Bloomberg
Published
December 16, 2025
Chanel has tapped the human resources chief from Dutch insurer Aegon as the fashion and beauty company continues to reshuffle its top executive roles.
Elisabetta Caldera, 55, has been named global chief people and organization officer for Chanel Ltd., succeeding Claire Isnard, 64, starting next month, the company told Bloomberg News in a statement.
Isnard is retiring after more than 17 years at the group, which had a workforce of around 38,400 employees last year. Caldera will join Chanel’s leadership team, reporting to Chief Executive Officer Leena Nair, and be based in London.
Caldera spent more than four years as global chief human resources officer at Aegon Ltd. where she was also part of the insurer’s executive committee. The Italian executive previously spent 17 years at Vodafone Group Plc in various HR roles until 2021 when she joined Aegon.
Under CEO Nair, the former head of HR at Unilever Plc, Chanel has been rebuilding the roster of top managers at the company as an older guard retires.
Chanel, known for its No. 5 fragrance, is privately owned by the billionaire brothers Alain and Gerard Wertheimer whose fortunes are estimated at about $43 billion each, according to the Bloomberg Billionaires Index.
The company, founded in Paris but headquartered in London, reports its financial performance once a year, generally around late May. Revenue fell 4.3% to $18.7 billion in 2024 on a comparative basis with operating profit sliding by almost a third partly due to heavy advertising spending and a rise in hiring.
Fashion
Iconix to reunite North American brand portfolio
Published
December 16, 2025
Iconix’s entire brand portfolio and related royalty revenue will once again be fully consolidated within its operating structure, creating a unified brand platform representing approximately $6 billion in global retail sales.
The company announced on Monday that it has completed an upsizing of its existing credit facility with affiliates of Apollo to discharge the company’s securitization financing facility, which has been outstanding since 2012. Iconix expects to complete the transaction by January 2026.
The securitization financing facility was secured by a pledge of North American brand intellectual property and licensing royalties for several of Iconix’s brands, including Ed Hardy, Starter, Danskin, Ocean Pacific, London Fog, Mossimo, Zoo York, Rocawear, and Iconix’s portfolio of home brands.
The retirement of the securitization facility marks a significant milestone in Iconix’s turnaround and resurgence following its take-private transaction in 2021. The company will now be able to pursue strategic alternatives involving the North American rights of its brands, including targeted investments and partnerships that were previously restricted.
“We have always believed that it is extremely important to reunite the North American brand rights under a cohesive operating structure in the US, which is obviously an incredibly influential market for our brands globally,” said Bob Galvin, chief executive officer, Iconix International Inc.
“For the first time in nearly a decade, and since we took over the business with our partners at Lancer Capital, we will have the opportunity to fully exploit all of our brand rights in the most optimal way.”
Since management changes in late 2018, Iconix has executed a significant turnaround, including improving its cost structure, deleveraging its balance sheet, repositioning its global brand portfolio, including acquisitions such as Hoodrich in 2023 and Salt Life in 2024. These efforts have been carried out in partnership with Apollo over the past three years.
“This expanded commitment to Iconix reflects the strong performance of the business and its brands. We’ve worked closely with the management team for several years and are pleased to support this transaction, helping to position Iconix to fully leverage its unified global brand platform,” added Kurt Hoffman, managing director, Apollo.
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