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 Trips as Forecast of Another Sales Decline Dims Quick Turnaround Hopes 

Nike shoes are seen displayed at a sporting goods store in New York City, New York, US, May 14, 2019. (Reuters)
Nike shoes are seen displayed at a sporting goods store in New York City, New York, US, May 14, 2019. (Reuters)
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Nike Trips as Forecast of Another Sales Decline Dims Quick Turnaround Hopes 

Nike shoes are seen displayed at a sporting goods store in New York City, New York, US, May 14, 2019. (Reuters)
Nike shoes are seen displayed at a sporting goods store in New York City, New York, US, May 14, 2019. (Reuters)

Nike shares slipped nearly 6% premarket on Friday after the sportswear giant warned of another quarter of sales decline, leaving some investors worried about the pace of a crucial turnaround under new CEO Elliott Hill.

The company on Thursday forecast a steeper-than-expected drop in fourth-quarter revenue and also reported a 17% slump in China quarterly sales amid weaker discretionary spending in the country.

Hill - who took on the role in October to help the sportswear maker regain lost market share - has laid out what he called a "Win Now" strategy, which includes boosting on-the-ground presence in five key cities including Shanghai and Beijing.

"It is too early to be confident in the turnaround," Sheraz Mian, director of research at Zacks Investment Research, said.

The new management will take time to rebuild relations with other retailers that were weakened by its focus on selling directly via its stores and website and develop a more compelling line of products, he said.

Nike shares are down about 11% since Hill's CEO announcement in September, giving up all the gains following his appointment.

To be sure, Hill has fast-tracked certain sneaker launches such as Pegasus premium and Vomero 18 that helped lift sales in the reported third quarter. Still, Nike is working to move past the previous management's strategy missteps that led to a lack of innovation for its product lines.

Nike's Chief Financial Officer Matthew Friend said the company would take "several quarters" to clear out its dated stock, which would involve margin-hitting discounts.

"Nike is emerging from quite a deep hole from prior management in terms of excess inventory, lack of innovation and brand equity, which we expect will take multiple seasons to correct," Barclays analyst Adrienne Yih said.

Analysts at Barclays also projected that the earliest they foresee a turnaround is in the second half of Nike's fiscal year ending May 2026.

The company's forward price-to-earnings ratio for the next 12 months, a benchmark for valuing stocks, was 30.08, compared with 17.33 for Deckers and 25.91 for Adidas.

"We continue to like the recovery story but don't expect to see much short-term progress," Bernstein analysts said.