helmut lang

Absolut Creates Online Art Gallery For Helmut Lang

Filed under: Art

Absolut, which has a history of supporting art projects has created a new online virtual "gallery" showcasing Helmut Lang's "Alles Gleich Schwer". The online gallery will exist for three months at Absolut.com/HemultLang. In the gallery you can zoom in on pieces and look at them from different angles. From the site you can also download and print exhibition posters. It's an interesting experiment and it seems suited to Helmut Lang's first solo institutional art exhibition which showcases the same lean, angular and industrial aesthetic seen in his fashion lines.

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Tags: absolut, art, helmut lang, online art

Prada May Postpone IPO in an Uncertain Market

by Tracy Chait (RSS feed) —

Filed under: Apparel

Earlier in the year, rumors swirled about a potential Prada IPO, divesting the company of a third of its shares and forcing the Prada family to reduce drastically its 95% stake. It's not news that the design house needs cash -- experts have criticized the house for neglecting to stake a claim in burgeoning Asian markets, and the house is in debt after a 1999 shopping spree that included Jil Sander and Helmut Lang. Enterprising CEO Patrizio Bertelli (husband to design brainiac Miuccia Prada) noted after the New Year that Prada might hit the chopping block in Milan by year's end.

And yet, Prada may need to postpone its public offering another time (it avoided an IPO following the 9/11 attacks), as experts estimate its worth at almost $2 billion less than they predicted earlier in the year. Though some hope Prada can withstand a withering economy and ride out 2008, its significant debt may make such a goal as out of reach as one of the house's iconic Fairy Bags.

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Tags: bertelli, fairy bag, FairyBag, helmut lang, HelmutLang, ipo, jil sander, JilSander, miuccia prada, MiucciaPrada, prada, prada fairy bag, PradaFairyBag, salvatore ferragamo, SalvatoreFerragamo

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