Photo: Courtesy of LVMH
These are the stories making headlines in fashion on Tuesday.LVMH Prize reveals 2026 semifinalistsThe LVMH Prize for Young Fashion Designers has selected its 20 semifinalists (out of more than 2,400 applicants) for the 2026 edition. Semifinalists include Act No.1, Colleen Allen, De Pino, Derrick, Golshaah, Iamisigo, Institution, Julie Kegels, Kartik Research, Kinyan Lam, Lii, Maz Manuela Álvarez, Nong Rak, Petra Fagerström, Ponte, ShinyaKozuka, Ssstein, The Vxlley, Tíscar Espadas and Yoshita 1967. The LVMH Prize comes with a €400,000 endowment. The 20 semifinalists will showcase their collections at the semifinal showroom in Paris on March 4 and 5. {Fashionista inbox}Eddie Bauer files for bankruptcyEddie Bauer LLC has filed for Chapter 11, marking the brand’s third trip to bankruptcy court. The company plans to sell as many of its 175 stores as possible (which employ about 2,200 people) and liquidate the rest. Eddie Bauer has struggled with declining sales and supply chain problems made worse by tariffs and inflation. {Bloomberg/paywalled}Kering Group’s Q4 revenue drops 9%Kering Group released its 2025 results on Tuesday, which revealed a 13% decline in 2025 revenue to €14.7 million ($17.5 million). Its Q4 revenues were down 9%. For 2026, Kering aims to return to growth and margin improvement. “As we enter 2026, the entire team is fully committed to delivering a leaner, faster Kering, enhancing brand positioning and sales, rebuilding margins and strengthening cash generation to ensure sustainable, long-term value creation,” Kering CEO Luca de Meo said in a statement. {Kering}Nike braces Converse staff for cutsConverse employees have been instructed to work from home ahead of layoffs and restructuring at Nike. The changes include new roles and team moves for some staff, according to a note from Converse CEO Aaron Cain. Converse “also had to make difficult decisions” which will include “saying goodbye to friends and teammates,” he wrote. The memo didn’t indicate how many positions were being eliminated. {Bloomberg/paywalled}How an indie bridal brand earned a major marketing moment at the Super BowlThomas Wolter and Eleisa Aparico invited Bad Bunny to their wedding last year, and he proposed they get married live on-stage during the halftime show. Stylist Joleen Garnett reached out to bridal designer Hayley Paige asking for some wedding dress options, and Paige ultimately designed the dress Aparico wore in front of around 140 million people. In less than 24 hours after the show, Paige’s marketing team reported more than 1.5 million views of content related to the halftime dress and more than 40,000 likes. {Glossy/paywalled}Peter Thomas Roth faces backlash from involvement in Epstein emailsInfluencers and consumers are distancing themselves from Peter Thomas Roth following renewed scrutiny of emails in which the brand’s namesake founder corresponds with Jeffrey Epstein. Roth’s name appears in emails exchanged with Epstein between 2004 and 2018. The emails contain references to product shipments, social correspondence and planned meetings at Epstein’s Manhattan residence. Roth posted a statement to his brand’s Instagram account and his personal social channels, acknowledging his past association with Epstein and expressing regret. {Beauty Independent}Fashionista’s audience includes 1 million site visitors, 110,000 newsletter subscribers and 4.74 million social media followers. Want to know how to reach them? Learn more.
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