Tom Ford Relaunches Under Peter Hawkings and Moschino Celebrates 40 Years 

A model walks the runway at the Tom Ford fashion show during the Milan Fashion Week Womenswear Spring/Summer 2024 on September 21, 2023 in Milan. (AFP)
A model walks the runway at the Tom Ford fashion show during the Milan Fashion Week Womenswear Spring/Summer 2024 on September 21, 2023 in Milan. (AFP)
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Tom Ford Relaunches Under Peter Hawkings and Moschino Celebrates 40 Years 

A model walks the runway at the Tom Ford fashion show during the Milan Fashion Week Womenswear Spring/Summer 2024 on September 21, 2023 in Milan. (AFP)
A model walks the runway at the Tom Ford fashion show during the Milan Fashion Week Womenswear Spring/Summer 2024 on September 21, 2023 in Milan. (AFP)

Milan Fashion Week continued Thursday for the second day with mostly womenswear previews for next spring and summer under a steady rain.

Here are some scenes as Milan designers try to keep the focus on warm weather:

TOM FORD RETURNS TO MILAN ROOTS Peter Hawkings has come full circle, making his runway debut as creative director of the Tom Ford brand Thursday in Milan, where he started working with Ford at Gucci 25 years ago.

Fashionistas entered the Tom Ford world through plush, champagne-colored carpet, beckoning luxury.

Models trod comfortably on stiletto heels, showing leg in shorts worn with tailored jackets, revealing their form in clingy, floor sweeping dresses, and fully inhabiting velvet suits with silken shirts with the trademark Tom Ford plunging neckline.

Hawkings freely acknowledged that his design codes owe a lot to the 25 years he worked alongside Ford, who passed the torch last April. "The design ethos is ingrained in me," he said backstage.

The collection was inspired by Donyale Luna, a Detroit-born Black supermodel who was a muse to Andy Warhol and Richard Avedon.

But Hawkings said his wife, Whitney, equally embodies the Tom Ford woman, one with strong opinions. The pair met at Gucci back in the day.

"I run everything by her. She will tell me whether she loves something, hates something, how it fits, how comfortable it is. I can't try the clothes on, but she can. And she can give me constant feedback," he said.

Whitney wiped tears after the show. "I feel hugely emotional about the whole thing," she said. "It is like going back, but it is a huge step forward. It’s a lot going on. It’s family after all."

MOSCHINO EMPOWERS WOMEN AS IT MARKS 40TH ANNIVERSARY Moschino briefly passed the torch to four top female stylists as the brand marked its 40th anniversary with an homage to founder, the late Franco Moschino.

Fashion designer Carlyne Cerf de Dudzeele created a high-low, mix-match collection that can go anywhere and suit any woman. Gabriella Karefa-Johnson tapped a rap vein with high-energy hip looks featuring ruffled, tiered skirts, denim and granny squares that were size-inclusive.

Lucia Liu tapped Moschino's romantic vision, capping her collection with a cake-topper dresser with layers of pink bows, rosettes and boas, fit for the Barbie-moment. And Katie Grand let loose with dancewear from leotards with humorous graphic references and cutouts, exaggerated tutus and ironic slogans like Loud Luxury. Her models — professional dancers — brought the runway to life with a writhing, grinding, irreverent routine.

"We found the codes that we thought would be the most visually dissonant from one another," Karefa-Johnson said. "The challenge was creating cohesive looks within that, which is what I love as a stylist."

A successor to Jeremy Scott, who stepped down in March after a decade as creative director, is pending. But the spirit of Franco Moschino lives on.

BENETTON REACHES ACROSS GENERATIONS There’s a lot of floral-on-floral action in Benetton’s new co-ed, generation-spanning collection for Spring-Summer 2024, unveiled Thursday on the second day of Milan Fashion Week.

The Italian brand known as much for its consciousness-raising ad campaigns as for its bright knitwear is not looking to nudge into the luxury space, but rather into the every-day rotation of colorful dressers looking for elevated basics.

Andrea Incontri, in his third collection for the brand, reimagined Benetton’s mainstays and injected fun with bright monochromes that segued into the season’s upbeat strawberry and banana motifs, closing with tight floral prints that the designer treats as a wildflower patch: mix and match at will.

Denim looks punctuated the color, in two sweet miniskirt-jacket combos for her and shorts for him. The collection was mirrored across generations, underlined by babies and children accompanied by model parents.

Incontri said backstage that his aim is not to create iconic pieces so much as make the wearer feel that "you are iconic. You are expressing yourself with style."



Fashion Commission Launches 1st Executive Master’s Program in Riyadh

Fashion Commission Launches 1st Executive Master’s Program in Riyadh
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Fashion Commission Launches 1st Executive Master’s Program in Riyadh

Fashion Commission Launches 1st Executive Master’s Program in Riyadh

The Fashion Commission announced the launch of the first Executive Master’s program to be delivered in Riyadh, developed in collaboration with the world-renowned Institut Français de la Mode (IFM).

The new program marks a significant leap in advancing fashion education and executive training within the Kingdom, according to SPA.

The Executive Master’s in Strategic Management of Fashion & Luxury represents a new milestone in fashion education, taking place in Riyadh for the first time. It is a 15-month hybrid executive master’s degree track designed for high-potential professionals seeking advanced executive training while continuing their careers. Delivered through a blend of in-person modules in Riyadh and Paris, alongside supervised online learning, the program equips participants with strategic, managerial, and analytical expertise tailored to the rapidly evolving fashion and luxury sector.

Designed with market needs in mind, the executive master’s curriculum covers creation and design, brand strategies, sustainability, new consumer behaviors, retail innovation, fashion media, collection management, and future industry perspectives. Participants will also complete a thesis that contributes new knowledge to the regional and global fashion landscape.

The program is taught by IFM’s internationally recognized faculty, experts in fashion history, sustainability, consumer behavior, design, and luxury management, alongside industry leaders from major global houses, fashion federations, media groups, and innovation-driven organizations.

This landmark program builds on the Fashion Commission’s ongoing partnership with IFM since June 2022. Within the first year, the collaboration introduced high-level educational initiatives, including the Advanced Management Program for Luxury Fashion and the Executive Master’s in Luxury Fashion, designed to elevate local talent and strengthen the Kingdom’s creative workforce.

These programs have contributed to developing the skills and knowledge required to support a world-class fashion ecosystem.

The launch of the Executive Master’s marks a pivotal step in establishing Riyadh as an education hub for the fashion and luxury sectors. By bringing a master’s qualification of this caliber directly to the Kingdom, the Fashion Commission reinforces its commitment to enabling professional growth, supporting innovation, and creating globally competitive talent pipelines.


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.