There’s an ever-evolving conversation about influencers and what their influence actually means. How does it translate into sales or awareness for brands and why even work with them (and pay them the exorbitantly high figures that they do)? With the rise of micro-influencers and brands gravitating towards those with a smaller but more engaged following, the place of the true influencers (1m plus followers on a platform) has been wavering. However, this WWD article shows that influencers are now separated into further subcategories, converters or brand-builders. Converters are the ones who actually drive sales and tend to have a smaller but more engaged following. They help the brand make sales and the influencer make money via affiliate links. Brand-builders are the ones like Chiara Ferragni who have huge followings (in Ferragni’s case, she has 10m on Instagram) but don’t necessarily convert these views into sales. However, neither type of influencer is better than the other and brands continue to work with them both. I’d be interested if there was a website out there that would be able to give you a list of all of the influencers and how their conversion actually works out so you’d be able to see who really is the most influential.
“Anthony Vaccarello’s Vision” – Harper’s Bazaar
I enjoyed reading this interview with Anthony Vaccarello, Saint Laurent’s creative director. Saint Laurent has been one of my favorite brands for as long as I can remember even caring about fashion and it is one that I keep up with season after season. Vaccarello had some large shoes to fill, entering the role after Hedi Slimane departed, but I’d say he has done a good job keeping the same level of buzz (or perhaps even growing it, marginally). Remember those slouchy glitter boots which had a waitlist at Saks the day of the runway show? They retail for $10000, FYI. I liked Vaccarello since a couple of years ago, when he was showing in Milan with the sexed-up Versace level of glam designs that put him on the map. I feel like his designs at Saint Laurent are just an extension of these with an added twist thrown in for good measure. This interview goes a little more in depth about Vaccarello’s life and career history. I’m always curious to hear people’s stories, especially those who are in a position that I admire. I’m excited to see the next Saint Laurent collection come the Spring shows!
“Vogue to Host Fall Conference with Star-Studded Designer Lineup” – Fashionista
Vogue Magazine is hosting a conference in October and no it doesn’t sound like that boring kind that your parents may have gotten sent to when you were a kid. They’ve managed to line up the best of the best in the industry as their speakers and have developed a one-day program at Milk Studios in Manhattan that seems like a genuinely interesting and valuable day to attend. Sounds great, until you see the price tag. A single ticket costs $3000. This is extremely prohibitive. I wonder how many companies will be willing to shell out this much for a ticket for employees and/or how many people will be willing to spend this much cash, personally, on such an event. The cost seems prohibitive. According to the Fashionista article, they will be releasing heavily discounted student tickets but I imagine even these will run for around $500. It’s a shame because when I first read about the event it seemed akin to the Vogue Festival which British Vogue hosted in London a few times. You could purchase tickets to individual talks for (I think) around 50 GBP (I don’t remember the exact price) and you had access to trend talks, styling sessions, and free manicures and hair & make-up. I initially thought this conference may have been a similar thing but evidently, it is not. Vogue is focused on professionals. I think it is sad that the cost is so high because the speakers are really amazing and I think the talks would be super valuable for people to hear, especially those who are trying to break into the industry. I’m waiting to hear what the student price is!