These are the stories making headlines in fashion on Thursday.

British Fashion Council announces 2025 Fashion Awards nominees

On Thursday, the British Fashion Council announced the nominees for The Fashion Awards 2025 presented by Pandora. Designer of the Year nominees include Glenn Martens for Diesel and Maison Margiela, Jonathan Anderson for Dior and JW Anderson, Martine Rose for Martine Rose, Miuccia Prada for Miu Miu, Rick Owens for Rick Owens and Willy Chavarria for Willy Chavarria. The BFC also announced the nominees for British Womenswear Designer of the Year, British Menswear Designer of the Year and the Vanguard Award. The Fashion Awards 2025 will be held on Dec. 1 at The Royal Albert Hall in London. {Fashionista inbox}

Marc Jacobs unveils artist-led Joy capsule collection

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Marc Jacobs released a limited-edition capsule collection merging fashion and art, created in collaboration with contemporary artists Derrick Adams, David Shrigley and Hattie Stewart. The collection reimagines Jacobs’s The Tote Bag, The Snapshot, wallets, ready-to-wear and accessories in each of the artists’s styles. The brand also announced global partnerships with Converse, Shut, Crayola, Moleskine, Maxbone, Gibson, Barbie and Brompton. The Marc Jacobs Joy experience will roll out globally through fall, with installations and curated pop-ups at Nordstrom at The Corner (opening to the public on Sept. 6), Galeries Lafayette in Paris, Isetan in Tokyo and The Standard High Line in New York. Shop the collection now on marcjacobs.com. {Fashionista inbox}

Printemps CEO steps down

After five years, Jean-Marc Bellaiche has stepped down as CEO of Printemps. The executive notified the department store chain’s supervisory board that for “personal reasons” he had decided not to renew his contract, which expires on Sept. 15. Bellaiche came on board at the height of the pandemic, taking on the position that was left unfilled for six months following the sudden departure of his predecessor, Paolo de Cesare, after a 13-year run. {WWD/paywalled}

Topicals founder talks launching her own brand holding company

Topicals Founder and CEO Olamide Olowe and President Sochi Mbadugha launched brand holding company Cost Of Doing Business with the acquisition of hair-care brand Bread Beauty Supply in April. Olowe poured her own money into the Bread buy, and shared with Beauty Independent that “in the long term, it’s going to be a great thing…but, in the moment, it’s really difficult.” In the full interview, Olowe discussed the categories she’s eyeing for possible CODB deals, Topicals’ marketing strategy and reasons for the lack of Black-owned brand holding companies. {Beauty Independent}

Versace’s future under Prada Group

Many questions linger over Versace’s future as Prada Group’s acquisition of Versace has not been completed and details so far have been scarce. The deal to buy Versace from Capri Holdings for an enterprise value of €1.25 billion euros was confirmed in April, but it will be finalized between September and November. Dario Vitale’s choice of an “intimate” presentation for his spring 2026 collection is a sign of change for Versace, given the brand’s tradition of eye-catching runways. Vitale is no stranger to Prada Group, as he was previously ready-to-wear design director at Miu Miu, which he left in January. {WWD/paywalled}

American Eagle is capitalizing on the Sydney Sweeney buzz

In American Eagle’s second quarter earnings call on Wednesday, the retailer announced that its revenue for the three months ending Aug. 2 hit $1.28 billion — its second-highest ever for the quarter. CEO Jay Schottenstein said on the call that the success of its controversial Sydney Sweeney campaign played a major role. The “Syd’s Picks” shop on American Eagle’s website has been restocked four times, and her campaign also broke company records for new customer acquisition — picking up new shoppers in every U.S. county — and brand awareness across demographics. {Business of Fashion/paywalled}

How the insurance industry became an unlikely climate hero

Since extreme weather is becoming more frequent and intense, a looming insurance crisis could rock fashion supply chains. Humanity Insured provides grant funding that pays for “parametric” insurance, which pays out as soon as pre-agreed thresholds are met, rather than waiting for a catastrophic event to happen. This way, garment workers can access funds as soon as their home or factory hits a certain temperature, and farmers can receive a payout if their crop fails due to a reduction in rainfall. The charity says it has helped to protect more than 1.7 million people from climate-related losses since its foundation, by turning £2 million in donations into £6.2 million in pay-outs. {Vogue Business/paywalled}

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