Victoria/Tomas Shuttering Business

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Independent Paris-based label Victoria/Tomas will close its business due to the slowing wholesale market, will now concentrate on collabs like Caron.

The duo, who have shown on the Paris Fashion Week official calendar since 2017, will focus on collaborations and other design projects moving forward, they said. Their Paris atelier will also close.

“Especially after COVID-19, the business slowed down a lot, to be honest,” Berzins said. “We felt like the wholesale was going down, slowly but steadily.”“The industry has had a lot of change, negative change, starting from the wholesale , where we were focused mainly for our business since the beginning,” he said. “When the big shops are shutting down, or bankruptcy, you cannot replace them easily.

Berzins said he and Feldman were spending more than 50 percent of their time on business development instead of design and found the structure of the seasonal calendar system hindered exploring new creative avenues, collaborations and partnerships. “Compared to what we saw 10 years ago, even six years ago, the buyers wanted to take risks, they wanted to buy new stuff to experiment, and to give this platform for a young designer. Today, people are just trying to find fast solutions,” Feldman said.

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