Paris Fashion Week: Valentino Puts on Opulent Study in Black, as McGirr Unveils McQueen Debut

 A model wears a creation as part of the Valentino Fall/Winter 2024-2025 ready-to-wear collection presented Sunday, March 3, 2024 in Paris. (AP)
A model wears a creation as part of the Valentino Fall/Winter 2024-2025 ready-to-wear collection presented Sunday, March 3, 2024 in Paris. (AP)
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Paris Fashion Week: Valentino Puts on Opulent Study in Black, as McGirr Unveils McQueen Debut

 A model wears a creation as part of the Valentino Fall/Winter 2024-2025 ready-to-wear collection presented Sunday, March 3, 2024 in Paris. (AP)
A model wears a creation as part of the Valentino Fall/Winter 2024-2025 ready-to-wear collection presented Sunday, March 3, 2024 in Paris. (AP)

The gilded salons of a grand 18th-century townhouse were the hallowed venue for Valentino’s latest fashion display on Sunday – an ode to black. This monochromatic collection gleamed and glistened under crystal chandeliers amid myriad textures and materials, inspired by great artists such as the French master of black, Pierre Soulages

Moons away, in the shadowy expanse of an icy-cold industrial warehouse crisscrossed by disused iron tracks and raw concrete surfaces, Alexander McQueen’s shivering guests huddled under blankets, buzzing with an air of electric anticipation. Because this wasn’t just another fashion show: it marked the first page of a new chapter for a house steeped in an iconoclastic history — and the debut of new creative director Sean McGirr.

Here are some highlights of fall-winter ready-to-wear collections:

VALENTINO’S NOIR Designer Pierpaolo Piccioli said he “approached black as a canvas, a starting point on which to build ... silhouettes that could move while looking for lights around, to soak them in and reflect them.”

The couturier was fascinated by the color’s contradictions — used for uniform and individuality, representing sobriety and exuberance, lacking light yet soaking up reflections. It evoked the philosophy of Soulages, who died in 2022.

Thus, with a tinge of Valentino’s 1980s heyday and glamor, all-black looks sauntered by as daywear and evening merged indistinguishably owing to the color’s intense allure.

Signature house looks were reimagined with a modern flair — think a voluminous black rosette adorning a sleeve, or the delicate tease of skin beneath tiered silk, not to mention sporty A-line skirts accented with tubular ruffles.

Though feathers, leathers, sequins, and lace provided subtle textural tensions, they did not provide enough of a lift to stop the collection from falling into the perennial danger of such one color-themed shows: Feeling one-note.

Nevertheless, the series of gowns that ended collection were a sublime study in chicness, such as one exquisite sheer chiffon floor-sweeping gown. Delicate baubles peppered poetically around it like a constellation of black stars.

ALEXANDER MCQUEEN’S NEW BEGINNINGS The pressure was palpable for McGirr, the relatively unknown 35-year-old Dublin-born designer, to unveil in this debut a vision and identity after 14 illustrious years of Sarah Burton. Burton, who parted ways with McQueen last season, had woven her narrative into the brand’s darkly romantic ethos after its visionary founder’s sudden, tragic death, leaving big shoes to fill.

Tagged “Rough opulence” and intent on “unveiling the animal within,” McGirr’s first foray resonated with the core tenets laid down by Alexander McQueen: a fusion of Gothic allure, a provocation, an ode to historical fashion, and the brand’s hallmark of dramatic tailoring.

The show unfurled with a model emerging from the shadows in a sinisterly twisted black laminated dress that seemed to swallow her hands whole — a striking image of constriction that reappeared throughout the collection. This binding theme was echoed in cords winding around slim-legged jeans and robust boots morphing into horses' hooves, trailing tails, and ominous broad leather coats.

However, designs occasionally verged on the overly obvious, with pattered historic Renaissance sleeve gowns and bulky “car tire”-like knitwear lacking the subtlety associated with his predecessor. Though the collection sparkled with promising moments of audacity, McGirr prioritized a play-it-safe approach over the risk of a misstep by pushing the envelope. This debut may have benefitted from being presented in a less pressurized, lower-octane, and more intimate format.

Nonetheless, amid the collection’s somber reflections, a surprising undercurrent of delight and whimsy surfaced, most notably through the stirring melody of his compatriot Enya’s “Sail Away” filling the air. It infused the space with a buoyant optimism subtly echoed in McGirr’s oft-playful creations.



Abercrombie & Fitch Lifts Sales Forecast on Trendy Apparel Demand; Lofty Expectations Hit Shares

A hiring sign is displayed in front of Abercrombie & Fitch at the Tysons Corner Center mall on August 22, 2024 in Tysons, Virginia. (Getty Images via AFP)
A hiring sign is displayed in front of Abercrombie & Fitch at the Tysons Corner Center mall on August 22, 2024 in Tysons, Virginia. (Getty Images via AFP)
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Abercrombie & Fitch Lifts Sales Forecast on Trendy Apparel Demand; Lofty Expectations Hit Shares

A hiring sign is displayed in front of Abercrombie & Fitch at the Tysons Corner Center mall on August 22, 2024 in Tysons, Virginia. (Getty Images via AFP)
A hiring sign is displayed in front of Abercrombie & Fitch at the Tysons Corner Center mall on August 22, 2024 in Tysons, Virginia. (Getty Images via AFP)

Abercrombie & Fitch raised its annual sales target on Wednesday after reporting better-than-expected quarterly revenue, but shares of the company fell 14% as investors expected a bigger forecast bump from the high-flying retailer.

The stock has surged about 89% so far this year after nearly quadrupling in 2023.

"While the market may have been looking for a stronger guidance lift for the year, given momentum across the business, we see a beat and raise as impressive given a moderating top line outlook in response to a choppy macro environment across many of Abercrombie's specialty retail peers," said Dana Telsey, analyst at Telsey Advisory Group.

Abercrombie has been revamping its merchandise with new styles, featuring dressier apparel and cargo pants while tapping into growing demand for wide-legged jeans, helping it draw in fashion-savvy shoppers.

Retailers ranging from department store chains Macy's to home improvement chain Home Depot struck a cautious note and trimmed their annual sales forecasts, blaming weak discretionary demand. Strong results from Target and Walmart showed shoppers were looking for bargains amid budget constraints.

Sales at the Abercrombie brand jumped 26% in the quarter ended Aug. 3, while its Hollister division reported a 17% rise due to better-than-expected back-to-school selling.

The company now expects net sales to rise between 12% and 13% in fiscal 2024, compared with its prior forecast of around 10% growth.

Abercrombie CEO Fran Horowitz said the forecast raise came despite "an increasingly uncertain environment".

The company saw benefits from lower promotions and lower cotton costs, which helped it improve its gross profit rate by 240 basis points to 64.9%. However, it expects pressure from freight costs in the back half of the year.

In the second quarter, it reported profit of $2.50 per share, beating an estimate of $2.22, according to LSEG data.

Net sales rose 21% to $1.13 billion in the second quarter, compared with analysts' estimate of $1.10 billion.