New Designers Make a Splash at Moschino, Tod’s and Blumarine during Milan Fashion Week

 Models present creations from the Moschino Fall-Winter 2024/2025 collection during Fashion Week in Milan, Italy, February 22, 2024. (Reuters)
Models present creations from the Moschino Fall-Winter 2024/2025 collection during Fashion Week in Milan, Italy, February 22, 2024. (Reuters)
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New Designers Make a Splash at Moschino, Tod’s and Blumarine during Milan Fashion Week

 Models present creations from the Moschino Fall-Winter 2024/2025 collection during Fashion Week in Milan, Italy, February 22, 2024. (Reuters)
Models present creations from the Moschino Fall-Winter 2024/2025 collection during Fashion Week in Milan, Italy, February 22, 2024. (Reuters)

Designers are giving their first impressions at their new fashion houses during Milan Fashion Week.

In a game of musical chairs, Matteo Tamburini showed his first collection for Tod's on Friday just hours before his predecessor there, Walter Chiapponi, made his debut as creative director of Blumarine.

Adrian Appiolaza premiered his first collection for Moschino Thursday evening in a bittersweet moment just a month and a half after being named. His appointment followed the sudden death of David Renne just 10 days into his tenure.

Here are highlights from designer debuts during Milan Fashion Week of mostly womenswear previews for Fall-Winter 2024-25.

TAKING A STAND AT MOSCHINO Having just six weeks to pull together a collection forced Argentinian Appiolaza to be very decisive, creating a collection that he said "didn’t feel too overthought."

He plunged into the archives, taking inspiration from fashion house founder Franco Moschino’s sense of subversion, love of archetypes and trompe l’oeil playfulness.

Appiolaza’s vision invoked a dreaminess. Looks were as if being roused from sleep, and the garments were at times surreal — folded newspaper boat hats, turbans created from shirt sleeves, or a cowboy hat that was unfinished in the back, like a piece of stage scenery seen only from the front. A top was constructed out of men’s ties; a golden bowtie hung sideways as a necklace. Extravagant strands of pearls were worn under a sheer dress.

The feminine silhouette was defined by ruffles, bustles and slip dresses, complemented by men’s vests fitted with garters, oversized cloth shirts and masculine trousers.

"The idea was trying to convey Franco’s universe. It was not really about creating a ready-to-wear collection, but something that told a story," Appiolaza said backstage after the Thursday evening show.

While many brands made circumspect reference to global conflicts, responding mostly with comfort collections of cozy clothes, Appiolaza was more direct, with garments emblazoned with peace signs or the word PEACE written capitals. "I thought it was a good idea to bring peace as a universal message," the designer said.

Closing the show, a Black model wore a top of the Italian tricolor, green, white and red, which Appiolaza said was part of the collection’s message of inclusion. Some social media commentors read it also as a statement about the war in Gaza: the Palestinian flag is green, white, red and black, the black reflected in the closing look’s monochrome skirt and collar detailing on the tricolor top with a trailing tassel. The model carried a piece of bread.

TOD’S FOR THE TRAVELER Matteo Tamburini’s journey with Tod’s departed from a Milan tram depot, with the city’s distinctive vintage orange trams serving as a backdrop.

"We selected this location because it speaks to dynamism, which is closely linked to Tod’s aesthetic. The collection was thought for people who travel, who move in the world," Tamburini said backstage, citing the daytime workhorse Di Bag and the trademark driving moccasin as key starting points.

The mostly monochrome looks featured rich leather dresses, skirts and overcoats, made cozy with layered, twisting knitwear. Trenches were oversized; button-down cotton shirts were layered one over the other; trousers featured deep cuffs, while jacket shoulders were slightly enlarged. Bags were soft, molding into the body. Belts had oblong buckles resembling a vehicle grating. The driving shoe featured long tassels, for movement.

Tamburini said the collection reflects the duality of Milan, at once an expression of the bourgeois and Italy's industrial power.

Tod’s group recently announced an operation to delist the company. Speaking on the sidelines of the show, chairman Diego Della Valle told reporters there was no reason to sell the business after the operation is complete. "We have a family business with young people who want to do this job. What could be better?’’ he asked.

Front-row guests included Chinese actor Xiao Zhan, US actor Larsen Thompson and South Korean singer Jungwoo.

BLUMARINE’S NIGHTTIME PLUNGE Walter Chiopponi took Blumarine back to its romantic rebel days of the 1990s when the star vibes of Chloe Sevigny and Mila Jovovich aligned with the fashion house.

The creative director assembled an array of female codes for his debut collection: bows and lace, animal prints and florals, kitten knits and silk.

The Blumarine girl was wandering home after a night out, at times disheveled in an animal print coat, silken shorts and floral pumps with a tattered bow that looked well walked-in. Full of the emotion of the evening, she held it together in soft pastel knits and floret applique tops and dresses that epitomized femininity. A velour slip dress with lace gloves, and a black lace dress over animal print tights gave boudoir looks the final say.

"The clothes are made by the city," Chiopponi said.



Nike’s Turnaround Put to Test as Middle East Conflict Poses New Risks

A man walks past Nike booth with installation of shoes at the 8th China International Import Expo (CIIE) venue in Shanghai, China, November 5, 2025. (Reuters)
A man walks past Nike booth with installation of shoes at the 8th China International Import Expo (CIIE) venue in Shanghai, China, November 5, 2025. (Reuters)
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Nike’s Turnaround Put to Test as Middle East Conflict Poses New Risks

A man walks past Nike booth with installation of shoes at the 8th China International Import Expo (CIIE) venue in Shanghai, China, November 5, 2025. (Reuters)
A man walks past Nike booth with installation of shoes at the 8th China International Import Expo (CIIE) venue in Shanghai, China, November 5, 2025. (Reuters)

Nike's efforts to steady its business ‌face a fresh setback, with executives cautioning that unrest in the Middle East could further complicate the turnaround, while the sportswear giant still struggles to regain traction in China.

The company on Tuesday warned of a sharp drop in current-quarter sales and slower-than-expected progress on its turnaround, as higher trade-related costs squeeze its margins and cautious consumers rein in spending.

Shares of the company slumped 10% to $47.35 in premarket trading on Wednesday and were on track to open at their lowest in over a ‌decade.

On an earnings ‌call, Chief Financial Officer Matthew Friend said ‌the ⁠conflict in the ⁠Middle East had already disrupted shopping behavior in parts of Europe, the Middle East and Africa, contributing to softer store traffic and weaker sportswear sales.

"The Middle East conflict is compounding the pressure, with Nike flagging traffic disruption and elevated inventory across EMEA," said Josh Gilbert, market analyst at eToro.

Nike CEO Elliott Hill, ⁠who took the helm in 2024, has ‌been looking to steady the company ‌as it grapples with several challenges, including a sluggish digital business, ‌stubborn excess inventory and intensifying competition from Chinese sportswear brands.

To boost ‌margins and bolster investor confidence, Hill has moved to rein in promotions, sharpen product innovation and refocus the business on core franchises such as running.

The efforts showed some signs of improvement in the ‌reported quarter, with the running category growing over 20%, but analysts still see a long road ⁠ahead for ⁠Nike.

At least eight brokerages cut their price target on the stock.

"We are turning at least somewhat frustrated, with seemingly slower than planned pace of recovery," Oppenheimer analyst Brian Nagel said.

The company's forward price-to-earnings multiple, a common benchmark for valuing stocks, is 25.47, compared with 13.54 for Adidas and Under Armour's ratio of 25.72, according to LSEG data.

"These earnings show Nike is keeping pace at a steady jog, but it keeps tripping over hurdles along the way," eToro's Gilbert added.

"Patience is clearly the price of admission."


From Plastic Jars to Transport, Iran War Drives up Beauty Industry Costs

Visitors browse stalls at the beauty industry Cosmoprof trade show, in Bologna, Italy, March 26, 2026. Picture taken with a mobile phone. (Reuters)
Visitors browse stalls at the beauty industry Cosmoprof trade show, in Bologna, Italy, March 26, 2026. Picture taken with a mobile phone. (Reuters)
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From Plastic Jars to Transport, Iran War Drives up Beauty Industry Costs

Visitors browse stalls at the beauty industry Cosmoprof trade show, in Bologna, Italy, March 26, 2026. Picture taken with a mobile phone. (Reuters)
Visitors browse stalls at the beauty industry Cosmoprof trade show, in Bologna, Italy, March 26, 2026. Picture taken with a mobile phone. (Reuters)

The Iran war is seeping into the cosmetics supply chain, pushing up the cost of everything from plastic jars and lipstick tubes to transport, and reminding the beauty industry that even a tub of face cream depends on fragile global trade routes.

Cost pressures were a recurring theme last week at one of the sector's largest trade fairs in the northern Italian city of Bologna, as executives watched Iran's blockade of the vital Strait of Hormuz shipping route approach a fifth week.

The Cosmoprof fair drew 3,100 exhibitors from 68 countries and 255,000 visitors from 150 nations, ranging from companies seeking packaging solutions to retailers scouting new products.

Cosmetics companies are primarily worried about higher raw material and transport costs due to rising oil prices ‌and disrupted shipping, five ‌industry executives told Reuters.

"We are beginning to see cost increases driven ‌by ⁠energy price inflation, compounded ⁠by delivery delays," said Simone Dominici, CEO of Italian cosmetics group Kiko, who estimates additional logistics-related costs of about 1.5 million euros ($1.7 million) for the group over the year.

Kiko, which sells lipsticks starting at 5 euros and mascaras from 7.5 euros, operates more than 1,000 stores worldwide.

"With so many containers stuck in the Middle East, there is a tighter container availability ... and goods are not being moved efficiently," Dominici said, adding that higher prices for some chemical components and packaging - much of it sourced from the ⁠Far East - would add further pressure.

As the Iran crisis upends supply ‌chains, Yonwoo, a container maker for L'Oreal and K-beauty firms, ‌said it was scrambling to secure stocks of plastic resin to manufacture the pots used for skincare and cosmetics.

ALTERNATIVE ‌ROUTES

Beyond higher costs, the industry could also face softer demand from consumers whose purchasing power ‌is being eroded by inflation, Dominici said.

"It's the perfect storm," he warned.

Milan-listed Intercos and privately owned Ancorotti Group, among Italy's largest contract manufacturers in the sector, said they had not yet faced major supply shortages but cited higher logistics costs, longer delivery times and rising raw material prices as challenges.

"Lead times have lengthened as routes have ‌become longer and ports more congested. What once took eight weeks now can take 12 to 14 weeks," said Ancorotti Chief Executive Roberto ⁠Bottino.

Some clients have turned ⁠to rail transport to reach Asia, Bottino added.

Ancorotti Group makes around 220 million euros in revenues per year from selling products to beauty brands worldwide.

Bottino said it was difficult to imagine supply-chain cost increases not ultimately being passed downstream.

"Middle East customers value quality and are willing to pay a premium for added value, so being unable to access these markets can have a negative impact," said Fabio Franchina, chairman of haircare products maker Framesi.

Franchina said the company's distributor in the region was exploring alternative delivery routes.

"They are looking at ... (options such as) shipping to Jeddah and then moving goods by road instead of routing them through Gulf ports," he said.

Some goods are currently being shipped by air rather than by sea, he added, further lifting costs.

Italy produced 18 billion euros of cosmetics in 2025, including 8.4 billion euros in exports, according to industry body Cosmetica Italia, making the country the world's fifth-largest exporter of beauty products and one of the leading producers of hair dyes, eye make-up and fragrances.


Judge Lifts Judicial Control on 2 Italian Fashion Firms in Worker Exploitation Case

A woman walks her dog at the CityLife Shopping District in Milan, on March 25, 2026. (Photo by Stefano RELLANDINI / AFP)
A woman walks her dog at the CityLife Shopping District in Milan, on March 25, 2026. (Photo by Stefano RELLANDINI / AFP)
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Judge Lifts Judicial Control on 2 Italian Fashion Firms in Worker Exploitation Case

A woman walks her dog at the CityLife Shopping District in Milan, on March 25, 2026. (Photo by Stefano RELLANDINI / AFP)
A woman walks her dog at the CityLife Shopping District in Milan, on March 25, 2026. (Photo by Stefano RELLANDINI / AFP)

An Italian judge has lifted the judicial control imposed by Milan prosecutors on two Italian fashion firms over alleged worker exploitation, court documents seen by Reuters showed, meaning a court-appointed administrator need no longer monitor the two firms' operations.

It is the first time a judge has not upheld such a measure in a series of similar cases involving the high-end fashion sector.

Milan prosecutors had placed the two firms under investigation on March 17, along with their two directors and three Chinese nationals ⁠who owned two ⁠workshops to which the brands had subcontracted production.

In a 25-page ruling seen on Monday, Judge Roberto Crepaldi said "the conditions do not exist" for placing Alberto Aspesi and Dama Spa, owner of the Paul & Shark brand, under judicial oversight.

He added it had not been proven that ⁠the two companies' directors were complicit in the crime of labor exploitation.

The judge said the exploitation and underpayment of migrant workers had been established, but he attributed responsibility to the two subcontracting workshops rather than to the two client companies. Milan prosecutors said they would file an appeal on Tuesday over the judge's decision, asking a court to confirm the judicial oversight measure.

A three-judge panel will then decide whether to uphold the lower court ⁠judge's ruling ⁠or reimpose judicial control.

Being placed under investigation does not imply guilt or mean the case will go to trial.

Aspesi and Dama have not commented on the case, while the lawyer for Dama's director said he ruled out any criminal liability for his client, Andrea Dini.

The March 17 move had brought to seven the number of high-end brands put under various forms of judicial administration because of suspected labor violations, while another 13 have been subject to inspections - cases that have tainted the sector's image.