What’s Happening: London Fashion Week kicks off on Thursday as the British Fashion Council, under new CEO Laura Weir, tries to reinvigorate the event and reassert its status as a launchpad for emerging designers amid a sharp downturn in luxury demand. Baby Steps: Weir has eliminated the fees that designers had to pay to show on the week’s official schedule and increased funding to bring in foreign press. The Fashion Angle: Last week, the Bureau of Labor Statistics reported that apparel prices rose in August at their fastest pace in six months. Still, inflation overall, while rising, is not so high as to put off next week’s cut. Editor’s Note: This article was updated on 16 Sept 2025 to clarify that H&M is showing its third Atelier collection.