Gucci, McQueen, and LVMH: Inside Fashion's Ugly Third Quarter

*SUBSCRIBE to the Back Row newsletter for more coverage like this and to hear this episode in full: https://www.backrow.net/subscribe. Go Premium and save three months on an annual subscription.* Third-quarter earnings are in, and luxury's slump isn't letting up. Kering and LVMH were down, Hermès grew but missed expectations, and Chanel seems like just about the only house that's winning. Amy brings back StyleZeitgeist founder Eugene Rabkin, author of Torn: Fashion and Postmodernism, to ask what's driving the downturn and whether designers can save it. The rest of the conversation, on the Paris protests, Chanelmania, whether the Birkin is over, and Anna Wintour chasing tech money, is for Back Row Premium subscribers. Sign up at backrow.net/subscribe. CHAPTERS 00:00 Introduction 02:45 The Great Reset, one year in 07:30 Is McQueen headed for the mall? 09:45 Gucci's wholesale crutch 13:45 LVMH misses & Arnault slips 16:15 Is Dior really "gaining traction"? 📺 SUBSCRIBE to the Back Row Newsletter: https://www.backrow.net/subscribe 🎙️ Follow the Back Row Podcast on Apple: https://podcasts.apple.com/us/podcast/back-row-with-amy-odell/id1843400835 🎙️ Follow the Back Row Podcast on Spotify: https://open.spotify.com/show/0wpDOgcuWKjpH9WxklNqI4 📷 Follow Back Row on Instagram: @backrow 📷 Follow Amy on Instagram: @instamyodell Follow Eugene Rabkin 📷 Follow Eugene on Instagram: @eugenerabkin 📚 Buy the book: Torn: Fashion and Postmodernism: https://link.amazon/B09SW5CSb This episode was edited by Chrissi Harris.