While designer Macy Grimshaw was a fashion design graduate student at Central Saint Martins, chances are she wasn't spending her time on school projects. Instead, she was likely toiling away on the sewing machine, creating custom pieces for celebrities like Harry Styles and Paloma Elsesser. (Yes, you read that correctly.) At 25 years old, she is already living a life many designers work years to achieve: She made a custom "Paper Doll" look featured in Styles' "Kiss All The Time. Disco, Occasionally," album art; designed a rose petal dress PinkPantheress wore for an on-stage performance; and landed a feature in Vogue Portugal's September 2024 issue. Most recently, Simone Ashley sported Macy Grimshaw at an event during "The Devil Wears Prada 2" press run. Macy Grimshaw. Photo: Luca Bass/Courtesy of Macy Grimshaw ...
With Saks Global filing for Chapter 11 bankruptcy after failing to pay vendors and Ssense owing millions to its stocked brands amid its own financial troubles last year (to name just a couple recent retail crises), the fashion wholesale landscape may look pretty grim. But from retail veteran Nicholas Parnell's perspective, "wholesale is not dead." "Wholesale is important, but I think what wholesale is becoming, is changing," the founder of new London- and New York-based consultancy Agency Parnell tells Fashionista. Against a backdrop of geopolitical tensions, ongoing tariff turmoil and shifting consumer habits, the fashion industry is in flux. U.S. department stores are now reckoning with their stalled "bulk buying" strategies from the past five-to-10 years, Parnell says, which is paving the way for an updated approach to luxury wholesale. "When things soften, it creates room for new growth," he adds. This April, Parnell opened his c...