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Sleek Silhouettes, Flowers and a Protest Mark Hermes Show in Paris

TOPSHOT - Models present creations for Hermes during a show as part of the Paris Fashion Week Womenswear Spring/Summer 2024 in Paris on September 30, 2023. (Photo by JULIEN DE ROSA / AFP)
TOPSHOT - Models present creations for Hermes during a show as part of the Paris Fashion Week Womenswear Spring/Summer 2024 in Paris on September 30, 2023. (Photo by JULIEN DE ROSA / AFP)
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Sleek Silhouettes, Flowers and a Protest Mark Hermes Show in Paris

TOPSHOT - Models present creations for Hermes during a show as part of the Paris Fashion Week Womenswear Spring/Summer 2024 in Paris on September 30, 2023. (Photo by JULIEN DE ROSA / AFP)
TOPSHOT - Models present creations for Hermes during a show as part of the Paris Fashion Week Womenswear Spring/Summer 2024 in Paris on September 30, 2023. (Photo by JULIEN DE ROSA / AFP)

Hermes artistic director Nadege Vanhee-Cybulski evoked a country garden for her spring show at Paris Fashion Week on Saturday, seating the audience among wildflowers and grassy borders as she showed sleek coats, silk skirts and slim, skin-baring dresses.
Models marched down a runway strewn with vegetation, wearing monochrome looks mostly in taupe or crimson, including fitted leather dresses that molded to the body. Coats were also tailored in leather, or cashmere.
The show was briefly interrupted when, about halfway through, a protestor jumped from the audience onto the runway, holding up a sign that called for the label to stop using exotic skins such as crocodile or ostrich hides.
Audience member Bryanboy, a digital creator whose real name is Bryan Yambao and who regularly attends runway shows, leapt out of his seat and snatched the banner away from the protester.
"It's rude to disrupt a show that people have been working on for months," he told Reuters after the show.
"I love an Hermes exotic," he said, gesturing towards his leather bag.
There have been several incidents involving protesters disrupting catwalk shows this season, including at a Coach show in New York.

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Fashion

Kering Posts 11% Drop in Q2 Sales, Sees Weak Second Half

The logo of luxury brand Gucci is seen in Tokyo on June 22, 2021. (AFP)
The logo of luxury brand Gucci is seen in Tokyo on June 22, 2021. (AFP)
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Kering Posts 11% Drop in Q2 Sales, Sees Weak Second Half

The logo of luxury brand Gucci is seen in Tokyo on June 22, 2021. (AFP)
The logo of luxury brand Gucci is seen in Tokyo on June 22, 2021. (AFP)

Kering reported a bigger-than-expected drop in second-quarter sales and forecast a weak second half, as the French luxury group struggles to revive its key label Gucci and worries grow about a prolonged downturn in high-end spending.

Sales at the French luxury group which owns labels Gucci, Boucheron and Balenciaga, fell to 4.5 billion euros ($4.9 billion), an 11% drop on an organic basis, which strips out currency effects and acquisitions.

The figure was below analyst expectations for a 9% drop, according to a Visible Alpha consensus.

It also said second-half operating income could fall by around 30%, following a 42% drop in the first half.

Sales at Gucci fell 19%, showing no improvement from the first quarter, and below analyst expectations for a 16% decline, according to a Visible Alpha consensus.

Kering has been revamping Gucci, the century-old Italian fashion house which accounts for half of group sales and two-thirds of profit.

Minimalist designs from new creative director Sabato de Sarno, which began trickling into stores earlier this year, are key to the design reset and push upmarket, in a bid to cater to wealthier clients who are more immune to economic headwinds.

Kering chief financial officer Armelle Poulou told reporters that the designs had been well received and the rollout was on track.

But the efforts have been complicated by a downturn in the global luxury market, while China's rebound - traditionally Gucci's most coveted market - was clouded by a property crisis and high youth unemployment as Western markets came down from a post-pandemic splurge.

Earnings from sector bellwether LVMH on Tuesday missed expectations as sales rose 1%, offering few signs that a pickup is around the corner, sending shares in luxury goods companies down on Wednesday. Kering traded at its lowest level since 2017.