Ralph Lauren Draws Fashion Crowd to Horsey Hamptons for Show of Americana 

English model Naomi Campbell walks the runway during the Ralph Lauren Spring/Summer 2025 collection runway show in Bridgehampton, New York on September 5, 2024. (AFP)
English model Naomi Campbell walks the runway during the Ralph Lauren Spring/Summer 2025 collection runway show in Bridgehampton, New York on September 5, 2024. (AFP)
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Ralph Lauren Draws Fashion Crowd to Horsey Hamptons for Show of Americana 

English model Naomi Campbell walks the runway during the Ralph Lauren Spring/Summer 2025 collection runway show in Bridgehampton, New York on September 5, 2024. (AFP)
English model Naomi Campbell walks the runway during the Ralph Lauren Spring/Summer 2025 collection runway show in Bridgehampton, New York on September 5, 2024. (AFP)

Ralph Lauren took to Hamptons horse country for a rollout of his signature Americana featuring first lady Jill Biden, Usher and Colman Domingo on his front row and Naomi Campbell, Christy Turlington and a bevy of adorable kids on his runway.

Horses and riders meandered Thursday night in a nearby field behind a white picket fence at a tony equestrian complex in Bridgehampton as Lauren showed bright tennis whites, baby blue dresses and jackets, and bright orange, green and yellow looks for men, women and the aforementioned tots.

The sun faded as the open-air show came to a close and Lauren's guests made their way to dinner in an on-site pop-up of his iconic Polo Bar restaurant.

Lauren, taking his bow with Biden at his side, has fond memories of the Hamptons, where he maintains a home and visited as a child. For his spring 2025 show, a day ahead of the official start of New York Fashion Week, he chose Khalily Stables, a state-of-the-art, 19-acre equestrian compound of stalls, barns, riding arenas and grassy paddocks.

Lauren mixed his Ralph Lauren Collection, Purple Label, Polo Ralph Lauren and children's wear for an extra-long show that stressed wearability on a weather-perfect evening as summer turns to fall.

There were picnic looks in soft blue dresses, and white trousers and shorts paired with stripes and jackets. There were evening looks, including a stunning long blush pearled skirt worn by Campbell with a knotted white T-shirt.

For the men, Lauren offered skinny cuffed trousers, blue floral dinner jackets and splashes of color blocking in orange pants paired with navy nautical jackets and wide multicolored ties over pinstripe shirts.

Whites and blues dominated, with a sprinkling of crochet and khaki. He threw in some sparkle in slinky sequined evening gowns, backless white cocktail dresses and blue blouses, adding a bit of his fairy dust to a pair of torn khaki trousers and other looks.

Lauren's young ones, from preschoolers to tweens and teens, were ready for anything.

One wore white shorts and a green slicker worthy of the US Open the company just sponsored in looks for the ball crews and on-court officials. Others wore high riding boots with blue polos and matching pants. Still more were tiny prepsters in pinstripe button downs, navy jackets and cropped white pants.

The show, Usher mused afterwards, was “American life. That's American love. That's family.”

Another of Lauren's guests, Tom Hiddleston, agreed. “It’s an extremely precise and intelligent vision because you sort of think, I’d like to be a part of that. I’d like to live that,” he said. "Very inspiring.”

Domingo added: “You saw literally all different colors and shapes and sizes of people and people feeling like they belong and go together.”

Fellow guest Jude Law summed it up this way: “Aspiration for a better place.”

Naomi Watts, Kasey Musgraves, Demi Singleton and Justin Theroux were also among Lauren’s guests. So was Kim Min-jeong, known as Winter, from the K-pop girl group Aespa.

In his show notes, Lauren said the Hamptons is “more than a place. It’s a natural world of endless blue skies, the ocean, green fields, and white fences, rusticity and elegance with a quality of light that drew artists here decades ago.”

He called the summer haven for New Yorkers like himself his home away from home, “my refuge and always an inspiration.” Perhaps Lauren has better luck with the travel gods overseeing New York traffic. Some of his city guests without access to helicopters for hire spent four hours fighting traffic on the way to his show.

The company has had a big year. In addition to the US Open, Lauren dressed Team USA for the Paris Games.



Britain's JD Sports Says Chairman Higginson to Step Down

A branch of JD Sports is seen on a high street in London, Britain April 4, 2025. REUTERS/Maja Smiejkowska/File Photo
A branch of JD Sports is seen on a high street in London, Britain April 4, 2025. REUTERS/Maja Smiejkowska/File Photo
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Britain's JD Sports Says Chairman Higginson to Step Down

A branch of JD Sports is seen on a high street in London, Britain April 4, 2025. REUTERS/Maja Smiejkowska/File Photo
A branch of JD Sports is seen on a high street in London, Britain April 4, 2025. REUTERS/Maja Smiejkowska/File Photo

British sportswear retailer JD Sports Fashion said on Wednesday its chairman Andrew Higginson will step down from the role in July.

Higginson has chaired the group since 2022. He will leave after its annual shareholders meeting on July 21, Reuters reported.

Higginson, a retail ⁠veteran who was ⁠a long serving executive at Tesco before chairing Morrisons, oversaw the global expansion of JD Sports with about 40% of its business now ⁠in the United States. He also transformed its governance framework.

Analysts said his imminent departure was a surprise.

JD Sports said its board has started the process to find a successor.

It said independent non-executive director Darren Shapland will become interim chair following the July ⁠AGM ⁠until a permanent chair is appointed.

In January, JD Sports reported a fall in underlying sales over the key Christmas trading period. Its shares are down 9.5% so far this year, giving it a market capitalization of 3.7 billion pounds ($5.0 billion).


Kering Seeks to 'Reignite Desirability' with Gucci Reset

(FILES) This illustrative photograph shows screens displaying the logo of the French company Kering, listed on the CAC 40, the main stock market index of the Paris Stock Exchange, in Toulouse on March 31, 2026. (Photo by Lionel BONAVENTURE / AFP)
(FILES) This illustrative photograph shows screens displaying the logo of the French company Kering, listed on the CAC 40, the main stock market index of the Paris Stock Exchange, in Toulouse on March 31, 2026. (Photo by Lionel BONAVENTURE / AFP)
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Kering Seeks to 'Reignite Desirability' with Gucci Reset

(FILES) This illustrative photograph shows screens displaying the logo of the French company Kering, listed on the CAC 40, the main stock market index of the Paris Stock Exchange, in Toulouse on March 31, 2026. (Photo by Lionel BONAVENTURE / AFP)
(FILES) This illustrative photograph shows screens displaying the logo of the French company Kering, listed on the CAC 40, the main stock market index of the Paris Stock Exchange, in Toulouse on March 31, 2026. (Photo by Lionel BONAVENTURE / AFP)

French luxury group Kering vowed Thursday to "reignite desirability" of its flagging Gucci label, once the jet set's most coveted brand, as it seeks to turn around its financial performance.

The giant Paris-based fashion conglomerate, which also owns Yves Saint Laurent and Bottega Veneta, chose Florence, the birthplace of its flagship double-G brand, to unveil its turnaround plans to investors.

Kering plans a "structural reset" to be completed by the end of the year that will make it more efficient in order to improve margins and restore financial discipline to its brands, AFP quoted the company as saying.

Kering promises to offer "the agility of a challenger, a renewed focus on desirability and a stronger commitment to execution," Chief Executive Luca de Meo said in a statement.

Whether Kering's new plan -- called ReconKering -- will be enough to revive the struggling Gucci brand is yet to be seen, especially given the tough selling environment facing the entire luxury sector amid geopolitical tensions and more cautious consumer spending.

Long the bright spot in Kering's portfolio and the darling of the fashion set before the Covid pandemic, sales of Gucci have since slumped by over a third to six billion euros last year.

While Gucci accounted for two-thirds of Kering's sales in 2019, that share fell to under 40 percent in 2025, pointing to its lackluster reception by luxury shoppers.

Profitability also sagged over this period.

Last year, Kering brought in Georgian Gen Z streetwear favorite Demna as Gucci's new artistic director while poaching De Meo from Renault, where he revitalized the automaker's lineup and financial performance.

Kering said it will go about "reigniting desirability by refocusing the brand around what makes it unmistakably Gucci, with clear creative direction, disciplined codes and a revitalized heritage with true cultural impact."

Sales in Gucci's first quarter declined by 14 percent to 1.35 billion euros, hit by shrinking demand in its key market of China and a cautious consumer environment due to the war in the Middle East.

Shares of Kering fell nearly two percent on the Paris stock exchange, underscoring investor's tepid response to the turnaround plans.

Kering gave few clues as to how exactly it would right the ship at Gucci, which enjoyed its headiest days under designer Tom Ford in the 1990s, who turned the leather goods brand into a fashion powerhouse beloved of the jetset.

"Gucci has had all sorts of issues. It's had issues on distribution. It's had issues on product. It's had issues on pricing," said Flavio Cereda, a luxury sector specialist at GAM, an investment firm, ahead of the investor day.

"Do people care about Gucci today? I don't think they do. Can people care about Gucci in six months' time? It's perfectly possible. We just don't know."

Kering said a new group platform will consolidate key functions such as purchasing, logistics, research and development and quality control for all its brands.

That will allow each brand within the portfolio to operate with more "power, speed and efficiency", Kering said.

For the group as a whole, Kering envisions doubling its recurring operating margin in the medium term to reach at least 22 percent, while improving its return on capital -- another measure of profitability -- by 20 percent, helped by more controlled inventory and selective investments.

By the end of 2028, Kering said, the group "will be in a phase of renewed, sustainable growth."


Kering Shares Slide After Gucci Sales Disappoint

A logo of fashion house Gucci is seen outside a shop in Paris, France, April 15, 2024. (Reuters)
A logo of fashion house Gucci is seen outside a shop in Paris, France, April 15, 2024. (Reuters)
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Kering Shares Slide After Gucci Sales Disappoint

A logo of fashion house Gucci is seen outside a shop in Paris, France, April 15, 2024. (Reuters)
A logo of fashion house Gucci is seen outside a shop in Paris, France, April 15, 2024. (Reuters)

Kering shares plunged as much as 10% on Wednesday after first-quarter sales at its Italian flagship brand Gucci dropped more than expected, underlining the challenges in reviving the brand's appeal.

Gucci sales fell 8%, the 11th straight quarterly decline, as the Iran war weighed on spending by Middle Eastern shoppers and curtailed international travel.

Shares ‌were down ‌8.5% to 255 euros at ‌0827 ⁠GMT and on ⁠track for their steepest daily decline in more than a year.

The result came days before Kering CEO Luca de Meo is due to unveil his strategic plan to turn around the 33-billion-euro ($39 ⁠billion) group's fortunes.

"While guidance was ‌confirmed, the timeline ‌for a Gucci turnaround remains uncertain and likely ‌gradual, against a challenging macro backdrop and ‌ongoing geopolitical tensions," Citi analysts wrote.

Like larger peers LVMH and Hermes, Kering is facing deteriorating demand from customers impacted by the conflict in the ‌Middle East.

Kering said it had seen strong demand for Gucci ⁠products ⁠in North America, but JPMorgan analysts said this was likely a trend for all luxury brands, rather than just Gucci, and pointed to double-digit declines in all other regions.

"This suggests, in our view, that the turnaround will take a lot longer, and much more work, than the bulls would hope for," they said.

Kering shares are down around 7% so far in 2026.