A number of U.K. modeling agencies are under investigation for fixing their pricing with fashion houses. Fuck you, pay me is always in style, it seems.
Recently, the offices of Storm Model Management, Premier Model Management and Models 1, according to the Daily Mail, were raided by the Competition and Markets Authority (CMA) for “suspected anti-competitive arrangements in the UK clothing, footwear and fashion sector.” The organization took hard drives, files and interviewed workers. Premier guided the early career of Naomi Campbell, while Storm found Kate Moss.
The issue is that, now, fashion brands need models to do more and more:
A source said: ‘Big name high street retailers are desperate to drive the price of modelling fees down as they’re having to shoot more clothes and from every angle for their websites.
‘It’s no longer about high-end glossy magazine shoots and the retailers believe they should be paying less. The agencies insist that they charge high prices because they’re selling quality. It’s a market and they set their own prices and, while there may be industry standards, the allegation is that the agencies are meeting as a cartel to agree prices.’
The CMA, which began their investigation in March, are continuing their investigation, and will decide in October whether to pursue it further.
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Image via Getty.