Thom Browne Closes Out NY Fashion Week with a Black-And-White Flourish and a Nod to Edgar Allan Poe 

Models walk the runway during the Thom Browne Fall 2024 fashion show at New York Fashion Week, February 14, 2024 in New York City. (AFP)
Models walk the runway during the Thom Browne Fall 2024 fashion show at New York Fashion Week, February 14, 2024 in New York City. (AFP)
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Thom Browne Closes Out NY Fashion Week with a Black-And-White Flourish and a Nod to Edgar Allan Poe 

Models walk the runway during the Thom Browne Fall 2024 fashion show at New York Fashion Week, February 14, 2024 in New York City. (AFP)
Models walk the runway during the Thom Browne Fall 2024 fashion show at New York Fashion Week, February 14, 2024 in New York City. (AFP)

Thom Browne, ever the master showman of American fashion, closed out New York Fashion Week on a blustery day with his own wintry landscape, blanketing the floor with fake snow and presenting his latest inventive designs to the words of Edgar Allan Poe’s chilling “The Raven.”

With celebrities like Janet Jackson and Queen Latifah in the front row Wednesday evening at a theater space on the far west side of Manhattan, Browne did what he does best, displaying feats of intricate tailoring and taking his time to weave a tale. His soundtrack narrator was Carrie Coon, star of “The Gilded Age,” who recited Poe’s bleak story of a lover mourning his lost love, Lenore, when he is visited by the black, thick-necked bird who constantly repeats, “Nevermore! Nevermore!”

Nobody in fashion is a better storyteller than Browne, now chairman of the Council of Fashion Designers of America, who over the years has placed his shows in mock cathedrals, magical gardens, even on faraway planets. As always, Browne’s models did not strut a runway but instead were players in his fantasy, walking deliberately and serenely around a wintry wasteland filled with snow and bare trees.

As the audience filed in, one of those “trees,” a man on stilts in a huge puffer coat, or gown, stood silently. Once the drama began, four young children emerged from that coat — as if he were a darker version of Mother Ginger from “The Nutcracker” — eventually sitting in the snow as the poem began.

“While I nodded, nearly napping, suddenly there came a tapping,” Poe’s words went, “as of some one gently rapping, rapping at my chamber door.” The procession began. Of nearly 50 looks, everything was in black-and-white — typical of Browne’s color discipline — with a little gold at the end.

The Poe theme was everpresent. In the first look, an imposing black headpiece made it seem like a raven was perched on the model’s head. In the second, black birds emblazoned a white coat that itself covered a black jacket and skirt.

It was a hugely inventive array of coats and jackets and skirts and trousers — and sometimes no trousers at all. There were solids and checks and prints. Some ensembles were fully formed and others had a deconstructed feel that is a longtime design theme of Browne’s. Each ensemble was a work of layered and intricate tailoring, the hallmark of a designer who recently was invited to show haute couture in Paris.

Some silhouettes were long and sleek, others boxy or cinched tightly at the waist. Bags included a number of variations of the Hector — a dog-shaped bag in honor of Browne’s pet of the same name. The bags were covered, said the label, by a removable layer of waterproof vinyl, also used on the shoes.

For whimsy, the word “Nevermore” from the poem was emblazoned on the backs of a few jackets. And there was a rare hint of skin for the label — a sheer black blouse covered with roses and a sheer skirt. As for the hair, it was hair-raising — literally. Many models wore two braids that defied gravity, reaching upward toward the sky.

“The Raven” hardly ends on a cheery note. Indeed, Coon ended it with frightening screams of “Nevermore!” But for Browne and his audience it was Valentine’s Day. And so, as he’s done before, Browne turned his post-show bow into a romantic gesture, carrying a huge red heart-shaped box, presumably of chocolates.

The crowd seemed to launch into a collective “Aww.” Then, as people prepared to file out into the freezing night, many first stopped to tromp on the fake snow and greet the tall human tree — who obliged by shaking his branches.



Birkenstock Results Beat on Resilient Demand, Forecasts Margin Recovery

A Birkenstock shoe is displayed at Birkenstock shoe store in London, Britain, October 11, 2023. (Reuters)
A Birkenstock shoe is displayed at Birkenstock shoe store in London, Britain, October 11, 2023. (Reuters)
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Birkenstock Results Beat on Resilient Demand, Forecasts Margin Recovery

A Birkenstock shoe is displayed at Birkenstock shoe store in London, Britain, October 11, 2023. (Reuters)
A Birkenstock shoe is displayed at Birkenstock shoe store in London, Britain, October 11, 2023. (Reuters)

Birkenstock beat market expectations for fourth-quarter results on robust demand for its pricey footwear and forecast a recovery in margins in fiscal 2025, sending the company's shares up 7% on Wednesday.

With fresh styles becoming a priority for consumers, Birkenstock's sandals and closed-toe clogs have drawn new customers both at its own stores and at retailers.

The company bypassed steep discounting trends evident during the holiday shopping season, which Birkenstock executives said was off to a strong start globally.

"The expansion of ranges into more closed-toe silhouette has helped boost revenue, given that they offer multi-season wear," Susannah Streeter, head of money and markets at Hargreaves Lansdown, said.

Germany-based Birkenstock's average selling prices across its product range were up 8% in fiscal 2024, in part due to higher sales of clogs, the company said, adding that closed-toe styles now made up about a third of its business.

The company has invested in expanding its global store presence and increasing manufacturing capacity this year to meet demand.

While it led to a 330-basis point drop in gross margins in fiscal 2024, Birkenstock forecast a recovery in margins in fiscal 2025 as it ramps up production from new facilities.

The company reported fourth-quarter revenue of 455.8 million euros ($478.27 million), compared with the average analyst estimate of 439.2 million euros, according to data compiled by LSEG.

However, Birkenstock's forecast for fiscal 2025 revenue to increase between 15% and 17% was below estimates of 17.5% growth.

"It would appear with this incredibly healthy growth, the company is choosing to adopt a conservative approach that they expect to be able to meet and beat," BMO Capital Markets analyst Simeon Siegel said.

On an adjusted basis, Birkenstock earned 0.29 euro per share, beating estimates of 0.26 euro.