-
Rahm says player concessions needed to save LIV Golf
-
Bowlers, Samson keep Chennai afloat in IPL playoff race
-
Rolling Stones announce July 10 release of new album 'Foreign Tongues'
-
Romania's pro-European PM ousted in no confidence vote
-
France's Macron taps ex-aide to head central bank
-
PSG 'not here to defend' against Bayern, says Luis Enrique
-
Trump says he works out 'one minute a day' as he restores fitness award
-
Russia hits Ukraine with deadly strikes as Zelensky denounces Moscow's 'cynicism'
-
EU urges US to stick to tariff deal terms
-
Hantavirus on the Hondius: what we know
-
Rahm eligible for Ryder Cup after deal with European Tour
-
Stocks rise, oil falls as traders eye earnings, US-Iran ceasefire
-
Bayern's Kompany channels 'inner tranquility' before PSG showdown
-
Colombian mine explosion kills nine
-
Matthews latest England World Cup-winner out of Women's Six Nations
-
Race to find port for cruise ship battling deadly rodent virus
-
Celtic's O'Neill says Hearts' rise good for Scottish football
-
Ethiopia and Sudan accuse each other of attacks
-
Injured Mbappe faces backlash over Sardinia trip before Clasico
-
Vodafone to take full ownership of UK mobile operator
-
Stocks advance, oil falls as traders eye US-Iran ceasefire
-
Sabalenka ready to boycott Grand Slams over prize money
-
Boko Haram attack on Chad army base kills at least 24: military, local officials
-
US trade gap widens in March as AI spending boosts imports
-
US threatens 'devastating' response to any Iran attack on shipping
-
Murphy warns snooker hopefuls to 'work harder' to match Chinese stars
-
Race to find port for hantavirus-stricken cruise ship
-
Romanian pro-EU PM loses no-confidence motion
-
Edin Terzic to become Athletic Bilbao coach next season
-
Borthwick backed by RFU to take England to 2027 Rugby World Cup
-
EU hails 'leap forward' in ties with Russia's ally Armenia
-
German car-ramming suspect had mental health problems: reports
-
Pyongyang calling: North Korea shows off own-brand phones
-
Iran warns 'not even started' in Hormuz
-
World body in dark over allegations against China badminton chief
-
Asian stocks drop amid fears over US-Iran ceasefire
-
China fireworks factory explosion kills 26, injures 61
-
China hails 'our era' as Wu Yize's world snooker triumph goes viral
-
Ex-model accuses French scout of grooming her for Epstein
-
Timberwolves eclipse Spurs as Knicks rout Sixers
-
Taiwan leader says island has 'right to engage with the world'
-
Yoko says oh no to 'John Lemon' beer
-
Bayern's Kompany promises repeat fireworks in PSG Champions League semi
-
A coaching great? Luis Enrique has PSG on brink of another Champions League final
-
Top five moments from the Met Gala
-
Brunson leads Knicks in rout of Sixers
-
Retiring great Sophie Devine wants New Zealand back playing Tests
-
Ukraine pressures Russia as midnight ceasefire looms
-
Stocks sink amid fears over US-Iran ceasefire
-
G7 trade ministers set to meet but not discuss latest US tariff threat
The Westwood brand: cocky, brazen and resolutely independent
Irreverent British designer Vivienne Westwood, who died on Thursday, succeeded in keeping her fashion house financially independent, even as others sought stock market listings or security within major luxury groups.
She weathered the Covid pandemic, inflation and other storms thanks to the support of celebrities such as actor Emma Watson, singer Dua Lupa and British Queen Consort Camilla.
The punk icon's fashion house had just two board members -- Westwood herself and long-time director-general Carlo D'Amario -- until Jeffrey Banks joined them just two weeks ago on December 16.
In 2018, the company went into the red and was restructured.
But it stayed afloat.
"Vivienne did have ups and downs because of Covid, as well as inflation, especially in Europe," said Andrew Burnstine, associate professor in marketing at Lynn University in Florida.
"One of the reasons she was able to weather the recent storm was because of the incredible celebrity client base she had," Burnstine told AFP.
"Having a loyal and solid client base, licences, franchises and yearly collections are the best way to continuing your brand name and identity," he added.
"Vivienne was very good at making calls, meeting with clients and, most importantly, marketing her brand and name on social media and the media."
- 'Buy less. Choose well' -
The latest financial results for Westwood's fashion house published on the UK government's Company House website -- covering the 2020 financial year -- showed a pre-tax profit of 3.9 million pounds ($4.7 million) on sales worth 42 million pounds.
The label had around 500 employees.
The trade press made much of a past run-in Westwood had with the UK tax authorities.
She was accused of underestimating the value of her label by means of payments to a Luxembourg-based subsidiary and was forced, about a decade ago, to pay around 500,000 pounds in extra tax.
Westwood was an environmental and anti-capitalist activist, and coined the phrase "Buy less. Choose well. Make it last."
But she was accused of hypocrisy for continuing to produce several collections every year, including men's and women's ready-to-wear, accessories, perfumes and wedding dresses.
The Westwood label nonetheless prides itself on using organic or recycled synthetic materials, has stopped using plastic packaging and regularly publishes its carbon emissions.
While the majority of the label's sales are in the UK, where it owns six boutiques, the brand also has one outlet each in France and Italy, and two in the United States.
It is also making inroads in Asia, notably in China, Japan, Thailand and Singapore.
It has production sites in the UK, China, Italy and Kenya, with a "Made in Kenya" line that aims to develop a sustainable supply chain in Africa.
- Subverting conventions -
Since 2016, the company's artistic direction has been steered by Westwood's husband and long-time business partner Andreas Kronthaler, who has made a significant contribution to the style of the brand since the couple met in 1989.
That style cocks a snook at bourgeois and aristocratic conventions by subverting traditional British clothing habits.
The cuts are sophisticated but asymmetrical.
Westwood uses traditional flowery or tartan prints, along with tweed and romantic tulle fabrics. But the prints and colours clash.
Tucked-up skirts and crumpled crinolines make for a mad princess or wonky ballerina look -- always provocative, always tongue in cheek.
SM apparel combines with the corsets of romantic heroines. Taffeta dresses are worn as mini skirts with fishnet tights -- a look Westwood herself sported when she collected an award at the Florence Biennale in 2021, at the tender age of 80.
Once a punk, always a punk.
M.Odermatt--BTB