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General Entertainment Authority, Elie Saab Join Forces to Redefine Fashion for Riyadh Season 2024

Lebanese fashion designer Elie Saab and his son, the brand's director, Elie Saab Jr. are seen during an interview with Reuters in Faqra, Lebanon. Reuters
Lebanese fashion designer Elie Saab and his son, the brand's director, Elie Saab Jr. are seen during an interview with Reuters in Faqra, Lebanon. Reuters
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General Entertainment Authority, Elie Saab Join Forces to Redefine Fashion for Riyadh Season 2024

Lebanese fashion designer Elie Saab and his son, the brand's director, Elie Saab Jr. are seen during an interview with Reuters in Faqra, Lebanon. Reuters
Lebanese fashion designer Elie Saab and his son, the brand's director, Elie Saab Jr. are seen during an interview with Reuters in Faqra, Lebanon. Reuters

General Entertainment Authority CEO Faisal Bafarat and renowned fashion designer Elie Saab have signed a memorandum of understanding in London to create a one-of-a-kind experience that intertwines fashion and entertainment during the upcoming Riyadh Season.
This initiative is part of a series of major global events that have recently attracted a substantial number of visitors. Saab will unveil the highly anticipated Riyadh Season Fall Collection 2025; the season is an event that holds great significance for the capital city.
Chairman of the General Entertainment Authority Turki Al Al-Sheikh, who attended the signing of the memorandum on Saturday, said: "In Riyadh Season, we strive to collaborate with the most prominent international names in various fields, including the fashion industry, to enrich entertainment options.”

“Elie Saab is one of the distinguished names in this field, and through the upcoming season, he will present designs that will be the talk of the fashion world."
Al Al-Sheikh extended his gratitude to Minister of Culture Prince Badr bin Abdullah bin Farhan and to Deputy Minister of Culture Hamed Fayez for their remarkable contributions to this endeavor.

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Fashion

Primark Boss Marchant Resigns after 'Error of Judgment'

A Primark store is seen on Oxford Street, in London, Britain, January 16, 2023. REUTERS/Peter Nicholls/File Photo
A Primark store is seen on Oxford Street, in London, Britain, January 16, 2023. REUTERS/Peter Nicholls/File Photo
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Primark Boss Marchant Resigns after 'Error of Judgment'

A Primark store is seen on Oxford Street, in London, Britain, January 16, 2023. REUTERS/Peter Nicholls/File Photo
A Primark store is seen on Oxford Street, in London, Britain, January 16, 2023. REUTERS/Peter Nicholls/File Photo

The head of fast fashion chain Primark, Paul Marchant, has resigned with immediate effect after he admitted an "error of judgment" towards a woman in a social environment.
Parent-company Associated British Foods said in a statement on Monday that Marchant had accepted his actions fell below the standards expected, and the head of the 14 billion pound conglomerate said he was "immensely disappointed".
Primark has over 450 stores in 17 countries across Europe and the United States, with Marchant growing operating profit from about 250 million pounds to over a billion pounds during his more than 15 years in charge, Reuters reported.
Primark, founded in Ireland and has a huge presence on British high streets, contributes about half of group profit to AB Foods, which also owns major grocery, sugar, agriculture and ingredients businesses.
Shares in the parent company were trading down 3.5% on Monday morning.
"I am immensely disappointed. At ABF, we believe that high standards of integrity are essential," said CEO George Weston.
"Acting responsibly is the only way to build and manage a business over the long term. Colleagues and others must be treated with respect and dignity. Our culture has to be, and is, bigger than any one individual."
The group said that Marchant had cooperated with an investigation led by external lawyers, and acknowledged his "error of judgment".
It said he had apologized to the individual concerned, the group's board and also to his Primark colleagues and others connected to the business.
Eoin Tonge, AB Foods' finance director, will act as Primark chief executive on an interim basis working with the senior Primark management team and Primark's Strategic Advisory Board, while Joana Edwards, AB Foods' financial controller, will act as interim finance director.
"It is, indeed, a very disappointing, to say the least, end for Mr. Marchant and all at Primark and ABF, where he has overseen the development of a fine value-based retailer with strong prospects for growth," said analysts at Shore Capital.
AB Foods said the group would continue to offer support to the individual who brought this behavior to its attention.