Bold Looks Among Boulders at Michael Kors’ New York Fashion Week Show 

A model walks the runway during the Michael Kors Spring/Summer 2025 fashion show during New York Fashion Week in New York on September 10, 2024. (AFP)
A model walks the runway during the Michael Kors Spring/Summer 2025 fashion show during New York Fashion Week in New York on September 10, 2024. (AFP)
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Bold Looks Among Boulders at Michael Kors’ New York Fashion Week Show 

A model walks the runway during the Michael Kors Spring/Summer 2025 fashion show during New York Fashion Week in New York on September 10, 2024. (AFP)
A model walks the runway during the Michael Kors Spring/Summer 2025 fashion show during New York Fashion Week in New York on September 10, 2024. (AFP)

Fashion sometimes involves risk and designer Michael Kors would tell you some risks aren’t worth taking. Last year, his September show was held outside and the weather did not cooperate, so he decided his spring/summer 2025 collection at New York Fashion Week would bring nature inside instead.

Kors and his team created a unique runway in a cavernous raw space in a midtown building, with stark metal benches lining the rectangular walls and gigantic faux black rocks scattered in the center and sides, similar to the rocky beaches of the Amalfi Coast. The drama of Italian cliffs in an urban setting was part of Kors’ abstract inspiration.

Kors says he’s “glued” to pop culture and was especially fascinated by the recent Netflix series “Ripley,” based on Patricia Highsmith’s classic novel, “The Talented Mr. Ripley.” The dark story is set in coastal Italy where a man who covets a friend’s wealthy life kills him and takes over his identity, killing anyone else who threatens his new persona.

“Seeing this romantic, moody, dark story shot all in black and white, I thought it brought something very different to the romance of it,” Kors told The Associated Press backstage before the show. “There was this sort of dark side of romance that’s not sweet, not insipid, and mysterious. And then also, this is my 35th anniversary of working with Italian artisans and I really wanted to play up all of the incredible tailors and craftspeople in Italy.”

The result was a show that used stark lighting and a haunting instrumental score to set the mood for a lot of black and white and muted colors with looks that evoke Ripley’s 1950’s hybrid style of city and resortwear.

“There’s lots of texture, black raffia, white embroideries. Everything is very tactile,” Kors explained. “It’s all the colors that you would find in the Mediterranean. So all of the natural colors have very soft browns and creams. And then of course, there’s going to be blue.”

The brand’s craftsmanship was on display with intricate peekaboo lace dresses and skirts and several dresses, skirts and coats adorned with flower applique’. Accessories stood out in the collection with leather handbags, hats and shoes teeming with black raffia that looked like leather straw. Nearly every look had a belt — some styled loosely but extra-long and knotted to dangle, and others wide and tight at the waist. The ever-present trench coat appeared for men and women on the runway, mostly oversized and slouchy.

This season’s shows brought guests and media to all corners of the city and surroundings, showing off its beauty and designers’ creativity — from a horse ranch in the tony Hamptons for Ralph Lauren, to a giant ferry boat docked on the East River for Tommy Hilfiger, to an old Domino sugar factory in Brooklyn for Tory Burch.

The show’s front row was packed with celebrities, including Kerry Washington, Mary J. Blige, Shailene Woodley, Mindy Kaling, and Lindsay Lohan.

“I’m always really inspired by the simplicity, the craftsmanship. He has a real kind of a love for women that is so kind of understated, but just so consistent,” Olivia Wilde said. “I always feel so beautiful in his clothes.”

Suki Waterhouse was wearing a pink lace Kors dress and matching fluffy coat. “The straw shoes with the matching bag was my absolute favorite,” the actor and recording artist said after the show. “I need to book a holiday to be able to wear those things.”



Birkenstock Raises Annual Revenue Forecast on Strong Demand

Shares of the German sandal maker were up ‌7% in ‌premarket trading.  (Getty Images)
Shares of the German sandal maker were up ‌7% in ‌premarket trading. (Getty Images)
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Birkenstock Raises Annual Revenue Forecast on Strong Demand

Shares of the German sandal maker were up ‌7% in ‌premarket trading.  (Getty Images)
Shares of the German sandal maker were up ‌7% in ‌premarket trading. (Getty Images)

Birkenstock raised its full-year sales growth forecast on Wednesday, banking on resilient full-price demand for its premium sandals from affluent shoppers.

Shares of the German sandal maker were up ‌7% in ‌premarket trading.

A pullback in ‌US ⁠discretionary spending has ⁠weighed on much of the apparel and footwear sector, but brands such as Birkenstock catering to wealthier consumers have largely held up, benefiting from ⁠strong pricing power and ‌brand loyalty.

While ‌the Middle East conflict continues ‌to create uncertainty in the Gulf ‌region, the impact on the quarter was more contained than initially anticipated, the company said.

It now ‌expects fiscal year 2026 revenue growth of 15% ⁠on ⁠a constant currency basis, compared with its earlier forecast of a 13% to 15% rise.

The company posted third-quarter revenue of 719.5 million euros ($829.08 million), compared with analysts' estimate of 713.4 million euros, according to data compiled by LSEG.


Jeweller Pandora Raises 2026 Guidance as New Designs Draw in Shoppers

A view of the Pandora sign on one of the branches of the Danish jewellery maker Pandora in central Copenhagen, Denmark, August 13, 2025. (Reuters)
A view of the Pandora sign on one of the branches of the Danish jewellery maker Pandora in central Copenhagen, Denmark, August 13, 2025. (Reuters)
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Jeweller Pandora Raises 2026 Guidance as New Designs Draw in Shoppers

A view of the Pandora sign on one of the branches of the Danish jewellery maker Pandora in central Copenhagen, Denmark, August 13, 2025. (Reuters)
A view of the Pandora sign on one of the branches of the Danish jewellery maker Pandora in central Copenhagen, Denmark, August 13, 2025. (Reuters)

Jeweller Pandora raised its 2026 guidance for organic growth and profit margin on Wednesday, saying new designs and marketing were helping attract shoppers, and also reported second-quarter operating profit (EBIT) above analysts' expectations.

Pandora said EBIT for the April-June period came in at 1.46 billion Danish crowns ($225.35 million), against an average estimate of 1.10 billion expected by analysts in a company-compiled poll, reflecting partial refunds of previously paid ‌U.S. tariffs.

"We are ‌making progress in re-energizing Pandora's ‌growth engine," ⁠CEO Berta de ⁠Pablos-Barbier said in a statement.

"There is more work ahead, but we are moving in the right direction and raising our 2026 guidance for both growth and profitability," she added.

The company now expects organic growth at between 0% and 3% in ⁠2026, up from a previous range ‌of -1% to 2%, ‌and an operating profit margin between 22% and 23%, up ‌from 21% to 22%.

In the top job ‌since January, de Pablos-Barbier is leading a drive to release new designs, with its Pandora Wonders line - featuring pearl charms shaped like a frog, a pufferfish, or ‌a mushroom - launching in July in Paris during Haute Couture week.

Pandora's share price ⁠has ⁠been highly volatile over the past two years as the price of silver surged, prompting de Pablos-Barbier to announce in February a shift towards platinum-plated jewellery as a way of reducing its reliance on silver.

Pandora said on Wednesday it started pilot testing a limited range of platinum-plated jewellery in the Netherlands in July, and would do broader tests across markets in the fourth quarter, before scaling up the rollout next year.


Armani Stake Sale Could Be Delayed Beyond March 2027 Deadline

FILE PHOTO: People walk past a Giorgio Armani store in Galleria Vittorio Emanuele II, following Giorgio Armani's death at the age of 91, in Milan, Italy, September 5, 2025. REUTERS/Gonzalo Fuentes//File Photo
FILE PHOTO: People walk past a Giorgio Armani store in Galleria Vittorio Emanuele II, following Giorgio Armani's death at the age of 91, in Milan, Italy, September 5, 2025. REUTERS/Gonzalo Fuentes//File Photo
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Armani Stake Sale Could Be Delayed Beyond March 2027 Deadline

FILE PHOTO: People walk past a Giorgio Armani store in Galleria Vittorio Emanuele II, following Giorgio Armani's death at the age of 91, in Milan, Italy, September 5, 2025. REUTERS/Gonzalo Fuentes//File Photo
FILE PHOTO: People walk past a Giorgio Armani store in Galleria Vittorio Emanuele II, following Giorgio Armani's death at the age of 91, in Milan, Italy, September 5, 2025. REUTERS/Gonzalo Fuentes//File Photo

The planned sale of ‌a 15% stake in Italian fashion group Giorgio Armani may not be completed until after a March 2027 deadline set by the late designer's will, an Italian newspaper reported on Tuesday.

Citing company sources, the Corriere della Sera said market conditions for the luxury industry were still challenging and negotiating a deal could require time, said Reuters.

The indications on timing in the will are not binding, the sources said, adding the need to reach the best possible terms for a sale took precedence.

The company did not immediately ‌respond to ‌a request for comment.

Giorgio Armani, who died on ‌September ⁠4, 2025, instructed the ⁠eponymous foundation that controls the fashion house to sell an initial 15% stake within 18 months, giving priority to French luxury goods group LVMH, beauty giant L'Oreal and Franco-Italian eyewear maker EssilorLuxottica .

Corriere cited board documents from the Giorgio Armani Foundation as saying the process was still at an early stage and unlikely to ⁠be completed before 2027.

Evaluations over the stake ‌sale are under way but ‌remain preliminary because the transaction is complex, Rothschild & Co banker and foundation director ‌Irving Bellotti told an April board meeting, Corriere reported.

Bellotti said ‌that work on the deal would begin this year but was expected to be completed during 2027.

The group has also not ruled out a potential stock market listing, which would leave management in ‌the hands of the family and current executives under the foundation's strategic oversight, Corriere said, citing the ⁠sources.

Corriere also ⁠cited Chief Executive Giuseppe Marsocci as telling the foundation's board in April that net group sales in the first two months of 2026 fell 7.5% at current exchange rates and 3.9% at constant exchange rates from a year earlier.

The company adopted measures to cut operating costs by €25 million ($28.84 million), Marsocci added.

The drop, he explained, was driven by the wholesale channel where sales declined 10.7% year-on-year at constant exchange rates, while direct-to-consumer sales rose 3.5% net of currency effects, Corriere reported.

Giorgio Armani will approve first-half results on September 8, Corriere said, adding they should broadly confirm January-February trends.