“I think fashion is in a funny state,” said Blazy. “It grew very, very fast over the last years, post pandemic, and it kind of hit a ceiling. I think now what fashion needs to do is to rethink its own model, but not just when it comes to design. We’ve seen some houses exploding, we’ve seen some houses collapsing. What needs to be done is a deep... See more

In April, after the Fashion Trust U.S. awards, she estimated her debt to be about $90,000. Her creditors include factories that are starting to get mad, she said, but also people central to her team, like the designer Andrew Curwen, who is owed a few months’ worth of invoices.