Ralph Lauren, a Son of the Bronx, Takes over Brooklyn in Lavish Return to NY Fashion Week

 Fashion from Ralph Lauren's latest collection is modeled during Fashion Week, Friday Sept. 8, 2023 in New York. (AP)
Fashion from Ralph Lauren's latest collection is modeled during Fashion Week, Friday Sept. 8, 2023 in New York. (AP)
TT

Ralph Lauren, a Son of the Bronx, Takes over Brooklyn in Lavish Return to NY Fashion Week

 Fashion from Ralph Lauren's latest collection is modeled during Fashion Week, Friday Sept. 8, 2023 in New York. (AP)
Fashion from Ralph Lauren's latest collection is modeled during Fashion Week, Friday Sept. 8, 2023 in New York. (AP)

He may have been born in the Bronx, but designer Ralph Lauren took over a different New York city borough — Brooklyn — with a sumptuous event that marked his return to NY Fashion Week after four years and brought out stars like Jennifer Lopez, Julianne Moore, Diane Keaton, Mindy Kaling, Gabrielle Union, James Marsden and many others.

After crossing the country last year to stage a lavish show at the grand Huntington Library in San Marino, California, Lauren returned to his home base of New York with Friday's show in a cavernous warehouse space at the Brooklyn Navy Yard, transformed into a reimagined artist’s loft. He decorated the space with rustic wood and draped canvases, and added glittering chandeliers above.

None other than Christy Turlington closed out the runway show of Lauren’s Spring 2024 women's collection, the 53-year-old supermodel looking regal in a one-shouldered gown in shiny gold. As is Lauren’s way, he combined luxury and casual throughout, showing sleek metallic looks and lacy evening dresses along with his beloved denim, for example a long floral embellished denim skirt, or a jean jacket adorned with rhinestones, feathers and embroidery.

Lauren addressed that variety in remarks emailed to The Associated Press, saying the woman he designs for “dresses for who she is on a particular day.” This collection, he said, was “inspired by her individuality — all the ways she can express herself through color, texture, contradictions.” It was his Lauren's first NY Fashion Week show since 2019.

Lopez, Moore, Keaton and Amanda Seyfried sat together in one row, Keaton grooving to the music. Nearby sat actors Keri Russell and Matthew Rhys, near Kaling. Other guests included Ariana DeBose, Rachel Brosnahan, Robin Wright and singer Sheryl Crow. Fellow designer Thom Browne was seated near Vogue editor Anna Wintour.

After the fashion show, big wooden barn-like doors opened from the runway “artist’s loft” to a huge barnlike room — inspired by Lauren’s ranch in Colorado — with long tables laden with pink roses and candles, where guests dined on lobster salad, filet mignon and grilled branzino.

Kaling said in an interview that she'd become a fan of the designer through her immigrant parents. “For them, if you wore Ralph Lauren, you had made it, you know, and so that became popularized in my house with Polo Ralph Lauren. So I love being here. It makes me feel really connected to my roots.”

Brosnahan said she admired Lauren's clothes because they lasted for many years and contributed to sustainability. “Some of my favorite Ralph sweaters are 15, 20 years old,” the actor said, “beautiful cashmere sweaters. We're having a conversation about sustainable fashion right now, and you can have less things if they're beautiful and they last a long time.”

Model Sofia Richie said she admired the designer’s consistency. “Through the years and years ... he’s stayed true to his designs and the kind of woman that he dresses,” she said.



Cartier-Owner Richemont Quarterly Sales Beat Estimates as Jewellery Demand Continues

 A rock crystal and diamond bracelet by Cartier, estimated at US$1-2 million, during a preview ahead of Christie's auction in Geneva, Switzerland, November 5, 2026. (Reuters)
A rock crystal and diamond bracelet by Cartier, estimated at US$1-2 million, during a preview ahead of Christie's auction in Geneva, Switzerland, November 5, 2026. (Reuters)
TT

Cartier-Owner Richemont Quarterly Sales Beat Estimates as Jewellery Demand Continues

 A rock crystal and diamond bracelet by Cartier, estimated at US$1-2 million, during a preview ahead of Christie's auction in Geneva, Switzerland, November 5, 2026. (Reuters)
A rock crystal and diamond bracelet by Cartier, estimated at US$1-2 million, during a preview ahead of Christie's auction in Geneva, Switzerland, November 5, 2026. (Reuters)

Cartier-owner Richemont reported a faster-than expected quarterly sales increase on Friday, helped by continued demand for its jewellery and bumper growth in the United States and Japan.

The company, which also owns Swiss watch brands Piaget and IWC, said its sales rose by 13% when measured in constant currencies to €5.95 billion ($6.58 billion) in the three ‌months to the end ‌of September.

The figure beat analyst ‌forecasts ⁠for €5.89 billion in ⁠a consensus compiled by Visible Alpha.

Although a slowdown from the 20% growth rate in the prior quarter, the figure showed the resilience of Richemont's largely jewellery-based business and a strong performance in the United States, Japan and Europe, where sales ⁠increased by 15% or more.

The Swiss-based ‌company, which makes ‌brooches, earrings and necklaces under the Cartier, Buccellati, Van Cleef & ‌Arpels and Vhernier brands, has bucked the trend ‌in a struggling luxury industry thanks to its higher exposure to jewellery, with its jewellery brands accounting for about 75% of its revenues.

Sales of Richemont's jewellery ‌unit grew 14% in the quarter, while those of its specialist watchmakers division ⁠rose ⁠12%.

The company, which does not report quarterly earnings, said its first-half net profit improved to €2.53 billion from €1.81 billion a year earlier, ahead of analyst forecasts for €2.26 billion.

"The group delivered a strong first half, carried by sustained excellent performance of our Jewellery Maisons, robust growth at our specialist watchmakers and solid momentum at our fashion and accessories Maisons, despite a challenging fashion market," Richemont Chairman Johann Rupert said in a statement.


Frasers Executive David Epstein Becomes Hugo Boss CEO after Takeover

FILE PHOTO: Plastic toilet cabins are reflected in a window with the logo of Hugo Boss fashion company in central Moscow, Russia, May 8, 2025. REUTERS/Maxim Shemetov//File Photo
FILE PHOTO: Plastic toilet cabins are reflected in a window with the logo of Hugo Boss fashion company in central Moscow, Russia, May 8, 2025. REUTERS/Maxim Shemetov//File Photo
TT

Frasers Executive David Epstein Becomes Hugo Boss CEO after Takeover

FILE PHOTO: Plastic toilet cabins are reflected in a window with the logo of Hugo Boss fashion company in central Moscow, Russia, May 8, 2025. REUTERS/Maxim Shemetov//File Photo
FILE PHOTO: Plastic toilet cabins are reflected in a window with the logo of Hugo Boss fashion company in central Moscow, Russia, May 8, 2025. REUTERS/Maxim Shemetov//File Photo

Hugo Boss said on Thursday CEO Daniel Grieder would step down and leave the company at his own request, effective January 1, 2027.

The German fashion group said David Epstein from Frasers Group will ⁠succeed him as ⁠CEO, Reuters reported.

Frasers Group, already Hugo Boss's largest shareholder, took majority control of the company in October after raising its stake above 50%, months ⁠after an unsuccessful 2 billion euro takeover bid.

The move follows a series of leadership changes at Hugo Boss this year. In September, the company named Michael Murray, chief executive of Frasers Group, as chairman of its supervisory board.

The British retailer, ⁠controlled ⁠by billionaire Mike Ashley, has been expanding its presence in the premium and luxury segments.

Epstein has served as chief brand partnerships officer at Frasers Group since 2024, overseeing brand partnerships across its Sport, Premium, and Luxury businesses.


Burberry Returns to First-half Profit on Turnaround Plan

© Adrian DENNIS / AFP
© Adrian DENNIS / AFP
TT

Burberry Returns to First-half Profit on Turnaround Plan

© Adrian DENNIS / AFP
© Adrian DENNIS / AFP

Burberry returned to profit in its first half, the British luxury fashion label said Thursday, thanks to progress in its cost-cutting plan launched two years ago.

Net profit stood at £6 million ($8 million) in the six months to the end of September, compared with a loss of £26 million a year earlier, Burberry said in an earnings statement.

Revenue rose six percent to £1.1 billion, and the company's shares jumped more than seven percent in early deals on the London stock exchange, AFP said.

Burberry began a turnaround plan at the end of 2024 aiming to boost sales and cut costs as the global luxury sector suffers from weaker demand in China.

Under chief executive Joshua Schulman, Burberry has refocused on its staple outerwear, including its famed trench coats, in a bid to improve its fortunes.

Comparable retail sales grew four percent in the first half, lifted by sales in its key China market and in the Americas.

"The CEO is now over two years into his tenure and has injected a breath of fresh air into the brand's fortunes," said Richard Hunter, head of markets at Interactive Investor.

He said the company's "strategy is gaining momentum as the brand increasingly resonates with the Gen Z cohort", while noting "the transformation is still in its early stages, and that of course the fashion industry can be a fickle business."

China is a key market for the luxury sector, but as the country's post-pandemic recovery continues to struggle, consumption has flagged, sending jitters across the globe.