In a slump: how financial struggles are making fashion look the same

Lyst's brand index, what's happening to fashion's middle ground, Kering & LVMH sales declines but Hermès is up.

There’s a long list of casualties in fashion. Internationally, Vampire’s Wife and Mara Hoffman closed. In Australia, Dion Lee, Nique and Arnsdorf, to Mosaic Brands, which included Rockmans and Autograph and recently closed 200 stores and axed five of its brands. Ten Sass & Bide stores are going to be closed, and alongside it redundancies in the head off…