Elie Saab Runway Captivates with Moody Midnight Shadows at Paris Couture Week

 A model presents a creation by Elie Saab during the Haute-Couture Fall/Winter 2024 show as part of the Paris Fashion Week, at le Musee des Arts Decoratifs (Museum of Decorative Arts), in Paris, on June 26, 2024. (AFP)
A model presents a creation by Elie Saab during the Haute-Couture Fall/Winter 2024 show as part of the Paris Fashion Week, at le Musee des Arts Decoratifs (Museum of Decorative Arts), in Paris, on June 26, 2024. (AFP)
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Elie Saab Runway Captivates with Moody Midnight Shadows at Paris Couture Week

 A model presents a creation by Elie Saab during the Haute-Couture Fall/Winter 2024 show as part of the Paris Fashion Week, at le Musee des Arts Decoratifs (Museum of Decorative Arts), in Paris, on June 26, 2024. (AFP)
A model presents a creation by Elie Saab during the Haute-Couture Fall/Winter 2024 show as part of the Paris Fashion Week, at le Musee des Arts Decoratifs (Museum of Decorative Arts), in Paris, on June 26, 2024. (AFP)

Elie Saab again transported his VIP guests at Paris' Musee des Arts Decoratifs into a realm of magic and splendor, a world of bridal queens and midnight shadows. And French couturier Julie de Libran took her signature style further with a light and airy display.

Here are some highlights of Wednesday's fall-winter 2024 couture collection.

Elie Saab gleams for men and women

The Lebanese designer’s fall collection came with dramatic flair, strikingly at midnight, enveloping the audience in a welcome dark mood. Models in black leather opera gloves and graphic bands of black satin set the tone.

Men’s couture capes, part of Saab’s theme since fall 2022, were embroidered with sequins and gleaming threads, resembling silver foliage kissed by morning dew. Saab’s opulent men’s couture line continues to add a new dimension to his brand, catering to a market segment that craves visibility.

In the predominantly women's display, organza whooshes swirled upward from the waist in a feat of artistry. As the collection progressed, the color palette softened. Tried-and-tested floor-length silhouettes dazzled in gemstone hues.

A standout piece was a shoulderless gown in powder red, where sequins on the bodice morphed into a sea of feathers cascading down the mermaid-like skirt. The transformation of textures underscored Saab’s craftsmanship.

While Saab’s designs may not always break the mold in innovation or surprise, the commitment to his signature style ensures that his creations remain timeless. His starry clientele appreciates the red carpet-ready classicism.

Ellie Goulding and others applauded from the front row, a testament to Saab’s enduring appeal.

De Libran's nostalgic charm

French couturier Julie de Libran is renowned for intimate shows. She often enlists close friends as models and muses, evoking a nostalgic charm reminiscent of traditional couture presentations.

On Wednesday, de Libran took her signature style further with a light and airy display.

Models held numbered cards, a nod to the way collections were once presented. The vintage touch was complemented by details like a pink feather trim on a limp-waisted gown, which exuded a 1930s flair. The gown’s vivid red injected a contemporary twist.

De Libran’s affinity for vintage-inspired fabrics shone through in a Bordeaux column dress and a coat with large proportions, adorned with gleaming lamé velvet flowers. The pieces exemplified her commitment to high-quality craftsmanship and upcycling. Using exquisite fabrics from Lyonnaise mills, her creations often cannot be replicated, highlighting their artisanal nature.

As a rare independent designer on the couture calendar, de Libran continues to captivate with her blend of nostalgic elegance and modern sophistication.

The art of the invitation

In the Paris luxury industry, the art of the chic invite is vital. Fashion houses vie to create the most inventive and flamboyant show invitations, often delivered by gas-guzzling couriers to each guest’s personal or professional address, with little regard for the environment.

The miniature masterpieces sometimes hint at the forthcoming collection, while at other times they are simply whimsical.

Chanel’s latest invitation, a pair of opera glasses, hinted at the show’s theme inside Paris’ opera house. Staying true to its classic roots, Dior sent out beautifully penned cards by an age-old calligrapher, evoking the maison’s timeless elegance. Schiaparelli’s giant gold key invitation reflected the surrealist legacy of founder Elsa Schiaparelli, promising an avant-garde showcase.



Fashion Commission Launches 1st Executive Master’s Program in Riyadh

Fashion Commission Launches 1st Executive Master’s Program in Riyadh
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Fashion Commission Launches 1st Executive Master’s Program in Riyadh

Fashion Commission Launches 1st Executive Master’s Program in Riyadh

The Fashion Commission announced the launch of the first Executive Master’s program to be delivered in Riyadh, developed in collaboration with the world-renowned Institut Français de la Mode (IFM).

The new program marks a significant leap in advancing fashion education and executive training within the Kingdom, according to SPA.

The Executive Master’s in Strategic Management of Fashion & Luxury represents a new milestone in fashion education, taking place in Riyadh for the first time. It is a 15-month hybrid executive master’s degree track designed for high-potential professionals seeking advanced executive training while continuing their careers. Delivered through a blend of in-person modules in Riyadh and Paris, alongside supervised online learning, the program equips participants with strategic, managerial, and analytical expertise tailored to the rapidly evolving fashion and luxury sector.

Designed with market needs in mind, the executive master’s curriculum covers creation and design, brand strategies, sustainability, new consumer behaviors, retail innovation, fashion media, collection management, and future industry perspectives. Participants will also complete a thesis that contributes new knowledge to the regional and global fashion landscape.

The program is taught by IFM’s internationally recognized faculty, experts in fashion history, sustainability, consumer behavior, design, and luxury management, alongside industry leaders from major global houses, fashion federations, media groups, and innovation-driven organizations.

This landmark program builds on the Fashion Commission’s ongoing partnership with IFM since June 2022. Within the first year, the collaboration introduced high-level educational initiatives, including the Advanced Management Program for Luxury Fashion and the Executive Master’s in Luxury Fashion, designed to elevate local talent and strengthen the Kingdom’s creative workforce.

These programs have contributed to developing the skills and knowledge required to support a world-class fashion ecosystem.

The launch of the Executive Master’s marks a pivotal step in establishing Riyadh as an education hub for the fashion and luxury sectors. By bringing a master’s qualification of this caliber directly to the Kingdom, the Fashion Commission reinforces its commitment to enabling professional growth, supporting innovation, and creating globally competitive talent pipelines.


Nike Shares Rise as Apple’s Cook Doubles His Bet on CEO Hill’s Overhaul Effort

A jogger wearing Nike shoes runs along the Charles River in Cambridge, Massachusetts, US, March 18, 2019. (Reuters)
A jogger wearing Nike shoes runs along the Charles River in Cambridge, Massachusetts, US, March 18, 2019. (Reuters)
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Nike Shares Rise as Apple’s Cook Doubles His Bet on CEO Hill’s Overhaul Effort

A jogger wearing Nike shoes runs along the Charles River in Cambridge, Massachusetts, US, March 18, 2019. (Reuters)
A jogger wearing Nike shoes runs along the Charles River in Cambridge, Massachusetts, US, March 18, 2019. (Reuters)

Nike shares rose 5% in early trading on Wednesday after Apple CEO Tim Cook doubled his personal stake in the sportswear maker, raising his bets on the margin-pinching turnaround efforts led by CEO Elliott Hill.

Cook, who has been on Nike's board since 2005, bought 50,000 shares at $58.97 ‌each, according to ‌a regulatory filing. As of December ‌22, ⁠he holds about ‌105,000 shares, which is now worth nearly $6 million.

It was the largest open market stock purchase for a Nike director or executive and possibly the largest in more than a decade, said Jonathan Komp, analyst at Baird Equity Research.

"(We see) Cook's move as a positive signal for the progress under CEO Elliott Hill and Nike's 'Win ⁠Now' actions," Komp said.

The purchase comes days after Nike reported weaker quarterly margins and weak ‌sales in China even as CEO ‍Hill tries to revive demand ‍through fresh marketing plans and innovation focused on running and sports, ‍while phasing out lagging lifestyle brands.

He has also attempted to mend Nike's ties with wholesalers such as Dicks Sporting Goods to increase visibility among shoppers amid stiff competition from newer brands.

However, the strategy has strained Nike's margins, which have been declining for over a year, while its efforts to win back its ⁠premier position in discount-friendly China appears to be faltering.

Nike's shares have slumped nearly 13% since it reported results on December 18 and are on track for the fourth straight year of declines. They were trading at $60.19 on Wednesday.

Cook has been a lead independent director of Nike since 2016 when co-founder Phil Knight stepped down as its chairman.

The Apple CEO "remains extremely close" with Knight, Komp said, adding that he has advised Nike through key strategic decisions including Hill's appointment last year.

Board director and former Intel CEO ‌Robert Swan also bought about 8,700 shares for about $500,000 this week.


Etro Founding Family Exits Group as New Investors Including Türkiye's RAMS Global Join

L Catterton, a private equity firm backed by French luxury giant LVMH, will remain Etro's majority owner. Reuters
L Catterton, a private equity firm backed by French luxury giant LVMH, will remain Etro's majority owner. Reuters
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Etro Founding Family Exits Group as New Investors Including Türkiye's RAMS Global Join

L Catterton, a private equity firm backed by French luxury giant LVMH, will remain Etro's majority owner. Reuters
L Catterton, a private equity firm backed by French luxury giant LVMH, will remain Etro's majority owner. Reuters

The founding family of Italian fashion house Etro has sold the minority stake it still owned in the brand to a group of investors including Turkish group RAMS Global, the company said on Friday.

L Catterton, a private equity firm backed by French luxury giant LVMH, will remain Etro's majority owner and "will continue to actively support the brand's long-term growth strategy," Etro added, according to Reuters.

The new investors comprise also Italian fashion group Swinger International and small private equity firm ⁠RSI.

In addition to buying the stake, they all subscribed to a capital increase that will lower L Catterton's holding in Etro to between 51% and 55% from around 65%.

When including both the acquisition and the capital increase, the deal is worth around 70 ⁠million euros ($82 million), two sources close to the matter said. Etro did not disclose financial details.

Chief Executive Fabrizio Cardinali will remain at the helm, while Faruk Bülbül, representing RAMS Global, will become chairman of the board.

L Catterton bought a 60% stake in the brand known for its paisley motif four years ago, and it slightly increased the holding over the years.

The company, founded by Gimmo Etro in 1968, has ⁠been struggling with its turnaround. Last year it posted a net loss of 23 million euros with net revenues declining to 245 million euros from 261 million euros, according to filings with the local chambers of commerce reviewed by Reuters.

Rothschild advised L Catterton and the Etro family on the deal.

Rothschild had been hired in 2024 to look for a new investor who could buy all or part of the Etro fashion group, sources had previously told Reuters.