Couture Week Comes to Paris amid Riot Fears

From Schiaparelli's show in July 2022. JULIEN DE ROSA / AFP/File
From Schiaparelli's show in July 2022. JULIEN DE ROSA / AFP/File
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Couture Week Comes to Paris amid Riot Fears

From Schiaparelli's show in July 2022. JULIEN DE ROSA / AFP/File
From Schiaparelli's show in July 2022. JULIEN DE ROSA / AFP/File

The fashion world is on edge as haute couture week kicks off on Monday in Paris, which has seen nights of violent riots over the police killing of a teenager.
French label Celine canceled its menswear show -- scheduled outside the official calendar -- on Sunday due to the riots, with designer Hedi Slimane saying it was "inconsiderate" to hold a fashion show when Paris was "bereaved and bruised".
Hundreds have been arrested across the country as mostly young protesters have torched cars and attacked infrastructure following the death of 17-year-old Nahel M., who was shot dead when he tried to flee a traffic stop on Tuesday.
Violence appeared to be ebbing somewhat in and around the French capital over the weekend, and the haute couture shows -- celebrating the most expensive, tailor-made end of fashion -- were due to go ahead as planned, the French fashion federation told AFP on Sunday.
First up is Schiaparelli, with fashionistas wondering if it can beat the social media meltdown caused by last season's fake animal heads.
The heads, sported by the likes of Kylie Jenner, were another publicity coup for Schiaparelli artistic director Daniel Roseberry, who has overseen a revamp of the brand and attracted the likes of Lady Gaga and Beyonce as clients.
Animal activists seemed unsure what to think.
The US branch of PETA (People for the Ethical Treatment of Animals) called the heads "fabulously innovative", while PETA's French branch said a thought should be spared for the silkworms and sheep "who have really suffered".
Couture week will see first-time appearances by the United States' Thom Browne and France's Charles de Vilmorin alongside regulars like Christian Dior.
De Vilmorin, just 26, will present for his own brand after a short-lived tenure as artistic director of Rochas.
"I'm super happy to have lived through all this and to do my first show," he told AFP in his apartment-workshop last week while finalizing the collection.
Fellow couturier Stephane Rolland is presenting his latest collection, dedicated to legendary singer Maria Callas, at the Opera Garnier.
It will be filmed by veteran French director Claude Lelouch for his next movie.
Rolland said it was vital to merge fashion and other art forms.
"It's very important in our profession. I find that from time to time it lacks a bit of refinement. Money is not everything," he told AFP.



Italian Shoemaker Geox to Invest $125 Million in 5-year Plan

FILE PHOTO: Geox shoes are seen in a shop in Rome, Italy, April 10, 2016. REUTERS/Max Rossi/File Photo
FILE PHOTO: Geox shoes are seen in a shop in Rome, Italy, April 10, 2016. REUTERS/Max Rossi/File Photo
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Italian Shoemaker Geox to Invest $125 Million in 5-year Plan

FILE PHOTO: Geox shoes are seen in a shop in Rome, Italy, April 10, 2016. REUTERS/Max Rossi/File Photo
FILE PHOTO: Geox shoes are seen in a shop in Rome, Italy, April 10, 2016. REUTERS/Max Rossi/File Photo

Italian shoemaker Geox plans to invest about 120 million euros ($125 million) as part of an industrial plan to 2029 and has signed a five-year deal with a leading Chinese operator to expand its presence in the country.

The maker of breathable, waterproof footwear said in November it would end direct operations in the unprofitable Chinese and US markets after posting a 9.7% yearly drop in nine-month revenue globally, Reuters reported. It said it would continue its business in the two countries through local partnerships.

In addition to the investments, announced in a statement late on Monday, the group said it would extend by 24 months the medium- to long-term debt repayment plans as part of a debt refinancing agreement with creditor banks including Monte dei Paschi and the Italian units of BNP Paribas and Credit Agricole.
Geox controlling shareholder LIR, the family holding of its chairman and founder Mario Moretti Polegato, will contribute up to 60 million euros to the industrial plan, the statement said.
The shoemaker expects yearly revenues above 850 million euros by 2029, compared with 720 million in 2023, with compound annual growth rate (CAGR) of 5% in the next five years, and an EBIT (earnings before interest and taxes) margin over 7% by 2029.