Saint Laurent was the first fashion house to count film production among its activities. But Susan Scafidi, director of Fordham Law’s Fashion Law Institute, explains to The New York Times why other fashion brands may think twice about following their lead in the wake of multiple controversies surrounding Saint Laurent Productions’s “Emilia Pérez.”
Despite the existence of “reputational risk insurance,” or “disgrace insurance,” which, Susan Scafidi of the Fashion Law Institute at Fordham University said, “can be part of other insurance policies or a separate policy designed to cover costs of crisis management and related losses,” human risk is almost impossible to avoid.
Read “How Saint Laurent’s Big Bet on ‘Emilia Pérez’ Lost Its Luster” in The New York Times.