Jacquemus Turns Versailles Lake Into Fashion Front Row

The Chateau de Versailles (Versailles Palace) is seen in an aerial view outside Paris July 14, 2011. REUTERS/Charles Platiau
The Chateau de Versailles (Versailles Palace) is seen in an aerial view outside Paris July 14, 2011. REUTERS/Charles Platiau
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Jacquemus Turns Versailles Lake Into Fashion Front Row

The Chateau de Versailles (Versailles Palace) is seen in an aerial view outside Paris July 14, 2011. REUTERS/Charles Platiau
The Chateau de Versailles (Versailles Palace) is seen in an aerial view outside Paris July 14, 2011. REUTERS/Charles Platiau

One of the canniest rising stars of fashion, the French house Jacquemus put on perhaps the most luxurious show of the season in Paris on Monday, putting stars such as Victoria and David Beckham on boats on the lake of the Palace of Versailles to watch the catwalk along the water's edge.

French designer Simon Porte Jacquemus's new collection, inspired by Lady Diana and Marie Antoinette, was revealed on a long red podium installed on the grass at the royal site southwest of the capital.

Jacquemus called the show "Le Chouchou" -- French for 'darling' but also for scrunchy hair ties in reference to some of the puffy shapes of the dresses as worn by the likes of Kendell Jenner.

"I was going to call it 'La culotte' (the panties), but it was too ugly for Versailles," he said with a laugh, AFP reported.

The feminine looks -- practically all white with some flashes of black and pink -- featured openwork tights and white knee-high stockings with rose touches.

"I was always obsessed with Lady Di and started collecting 90s magazines and Vogue covers," he said.

A white dress with black polka dots as well as 80s silhouettes of suits and bomber jackets were "winks" to his "favourite modern princess", he said.

The abundance of tutus, meanwhile, evoked Marie-Antoinette's passion for ballet.

"I wanted something very elegant, ballet-inspired, even for men," he said.

As with his previous shows -- and many others in the recent fashion week -- there was plenty of skin on show, with cutouts, mini-skirts and transparent materials.

Jacquemus said he began planning the show before he had the green light from Versailles.

"During the first meeting I was told that it wouldn't be possible," he said.

"Now, it's crazy, I have a one-year contract," he added, promising "something special" to come.

True to his taste for independence, Jacquemus held his all-gender show just one day after the official Paris Fashion Week menswear shows had finished.

He has forged a singular and hugely successful path in the fashion game, building 5.6 million followers on Instagram despite staying out of the official fashion week calendar since 2020.

Actresses Monica Bellucci, Eva Longoria and Adele Exarchopoulos were among the invitees who arrived at the site and were taken aboard a water-bound "front row".

"What a place! He's an incredible talent, an artist," said Bellucci, wearing a brown trouser suit.

Star model Gigi Hadid was among those on the catwalk, perched on heels and wearing a light, transparent lace outfit.

After the show, she circled the lake driving a cart, provoking cheers from fashionistas watching from behind barriers.

Among the outfits were some patriotic touches, including red, white and blue dresses, short and transparent in the front and adorned with long trains.

"I love my country and I'm proud of it," said Jacquemus.



Nike Shares Rise as Apple’s Cook Doubles His Bet on CEO Hill’s Overhaul Effort

A jogger wearing Nike shoes runs along the Charles River in Cambridge, Massachusetts, US, March 18, 2019. (Reuters)
A jogger wearing Nike shoes runs along the Charles River in Cambridge, Massachusetts, US, March 18, 2019. (Reuters)
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Nike Shares Rise as Apple’s Cook Doubles His Bet on CEO Hill’s Overhaul Effort

A jogger wearing Nike shoes runs along the Charles River in Cambridge, Massachusetts, US, March 18, 2019. (Reuters)
A jogger wearing Nike shoes runs along the Charles River in Cambridge, Massachusetts, US, March 18, 2019. (Reuters)

Nike shares rose 5% in early trading on Wednesday after Apple CEO Tim Cook doubled his personal stake in the sportswear maker, raising his bets on the margin-pinching turnaround efforts led by CEO Elliott Hill.

Cook, who has been on Nike's board since 2005, bought 50,000 shares at $58.97 ‌each, according to ‌a regulatory filing. As of December ‌22, ⁠he holds about ‌105,000 shares, which is now worth nearly $6 million.

It was the largest open market stock purchase for a Nike director or executive and possibly the largest in more than a decade, said Jonathan Komp, analyst at Baird Equity Research.

"(We see) Cook's move as a positive signal for the progress under CEO Elliott Hill and Nike's 'Win ⁠Now' actions," Komp said.

The purchase comes days after Nike reported weaker quarterly margins and weak ‌sales in China even as CEO ‍Hill tries to revive demand ‍through fresh marketing plans and innovation focused on running and sports, ‍while phasing out lagging lifestyle brands.

He has also attempted to mend Nike's ties with wholesalers such as Dicks Sporting Goods to increase visibility among shoppers amid stiff competition from newer brands.

However, the strategy has strained Nike's margins, which have been declining for over a year, while its efforts to win back its ⁠premier position in discount-friendly China appears to be faltering.

Nike's shares have slumped nearly 13% since it reported results on December 18 and are on track for the fourth straight year of declines. They were trading at $60.19 on Wednesday.

Cook has been a lead independent director of Nike since 2016 when co-founder Phil Knight stepped down as its chairman.

The Apple CEO "remains extremely close" with Knight, Komp said, adding that he has advised Nike through key strategic decisions including Hill's appointment last year.

Board director and former Intel CEO ‌Robert Swan also bought about 8,700 shares for about $500,000 this week.


Etro Founding Family Exits Group as New Investors Including Türkiye's RAMS Global Join

L Catterton, a private equity firm backed by French luxury giant LVMH, will remain Etro's majority owner. Reuters
L Catterton, a private equity firm backed by French luxury giant LVMH, will remain Etro's majority owner. Reuters
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Etro Founding Family Exits Group as New Investors Including Türkiye's RAMS Global Join

L Catterton, a private equity firm backed by French luxury giant LVMH, will remain Etro's majority owner. Reuters
L Catterton, a private equity firm backed by French luxury giant LVMH, will remain Etro's majority owner. Reuters

The founding family of Italian fashion house Etro has sold the minority stake it still owned in the brand to a group of investors including Turkish group RAMS Global, the company said on Friday.

L Catterton, a private equity firm backed by French luxury giant LVMH, will remain Etro's majority owner and "will continue to actively support the brand's long-term growth strategy," Etro added, according to Reuters.

The new investors comprise also Italian fashion group Swinger International and small private equity firm ⁠RSI.

In addition to buying the stake, they all subscribed to a capital increase that will lower L Catterton's holding in Etro to between 51% and 55% from around 65%.

When including both the acquisition and the capital increase, the deal is worth around 70 ⁠million euros ($82 million), two sources close to the matter said. Etro did not disclose financial details.

Chief Executive Fabrizio Cardinali will remain at the helm, while Faruk Bülbül, representing RAMS Global, will become chairman of the board.

L Catterton bought a 60% stake in the brand known for its paisley motif four years ago, and it slightly increased the holding over the years.

The company, founded by Gimmo Etro in 1968, has ⁠been struggling with its turnaround. Last year it posted a net loss of 23 million euros with net revenues declining to 245 million euros from 261 million euros, according to filings with the local chambers of commerce reviewed by Reuters.

Rothschild advised L Catterton and the Etro family on the deal.

Rothschild had been hired in 2024 to look for a new investor who could buy all or part of the Etro fashion group, sources had previously told Reuters.


Paris Court Rejects Bid to Suspend Shein Platform in France

A customer holds shopping bags with a Shein logo in the first physical space of Chinese online fast-fashion retailer Shein on the day of its opening inside the Le BHV Marais department store, the Bazar de l'Hotel de Ville, in Paris, France, November 5, 2025. REUTERS/Sarah Meyssonnier/File Photo
A customer holds shopping bags with a Shein logo in the first physical space of Chinese online fast-fashion retailer Shein on the day of its opening inside the Le BHV Marais department store, the Bazar de l'Hotel de Ville, in Paris, France, November 5, 2025. REUTERS/Sarah Meyssonnier/File Photo
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Paris Court Rejects Bid to Suspend Shein Platform in France

A customer holds shopping bags with a Shein logo in the first physical space of Chinese online fast-fashion retailer Shein on the day of its opening inside the Le BHV Marais department store, the Bazar de l'Hotel de Ville, in Paris, France, November 5, 2025. REUTERS/Sarah Meyssonnier/File Photo
A customer holds shopping bags with a Shein logo in the first physical space of Chinese online fast-fashion retailer Shein on the day of its opening inside the Le BHV Marais department store, the Bazar de l'Hotel de Ville, in Paris, France, November 5, 2025. REUTERS/Sarah Meyssonnier/File Photo

A Paris court on Friday rejected a government request to suspend Chinese fast-fashion platform Shein in France after authorities found illegal weapons and child-like sex dolls for sale on the fast-fashion giant’s website.

Shein welcomed the decision, saying it remains committed to strengthening its control processes in cooperation with French authorities.

“Our priority remains protecting French consumers and ensuring compliance with local laws and regulations," the company said in an emailed statement to The Associated Press.

The controversy dates to early November, when France’s consumer watchdog and Finance Ministry moved toward suspending Shein’s online marketplace after authorities said they had found childlike sex dolls and prohibited “Class A” weapons listed for sale, even as the company opened its first permanent store in Paris.

French authorities gave Shein hours to remove the items. The company responded by banning the products and largely shutting down third-party marketplace listings in France.

French officials have also asked the European Commission to examine how illegal products were able to appear on the platform under EU rules governing large online intermediaries.