While many dread budget restraints, former Cacharel designer Ignacio Ribeiro welcomes it. "Cutting budgets back is so exciting," he said, referring to the relaunch of him and his wife, Suzanna Clement's label, Clement Ribeiro. The duo put their company into voluntary liquidation in 2005 and left Cacharel in 2007. "It’s been a big, fun game for us, finding ways to be better, stronger — and more competitive but on a smaller scale," Ribeiro said.
Whereas before their collection was all about intarsia, now knitwear will be combined with wovens. The pair currently works from home in North London and is aiming to reduce prices 20 percent for Spring 2010.
In the works is a bold and bright capsule collection — to be unveiled during couture week in Paris in July — of limited-edition ready-to-wear and accessories made from vintage couture fabrics. Also in the pipeline is an upgraded website featuring a series of 30-second films which will make the collections come to life. Welcome back.