Upscale label Ralph & Russo’s administrators have reportedly struck a rescue deal with the US entrepreneurs behind Retail Ecommerce Ventures (REV) with an announcement about the “complex” deal said to be imminent.
Offers for luxury label Ralph & Russo need to be in by April 14, Hilco, which is running the auction of the failed business, said on Monday. And one of its joint administrators spoke of a “high level of interest”.
Pandemic or not, the ultimate expression of luxury in fashion, the Paris haute couture season, will debut digitally Monday with almost 30 houses vying for the attention of the world’s most expensively dressed women.
Schiaparelli kicked off first the ever fully digital Paris haute couture season on Monday with a film which concentrated on its couturier, Daniel Roseberry, since he was marooned in New York throughout the lockdown.
The Paris haute couture collections, to most fashion aficionados the ultimate expression of creative fashion, debuts in Paris on Monday morning, with the first digital season in the world’s greatest fashion capital.
Tamara Ralph, the designer half of Ralph & Russo, is an Australian couturier currently spending the lockdown far from her UK base. Sydney-born Ralph has found refuge to sketch and create in another city port: Cannes.