Gucci Dreams of Magical Sunsets at Milan Fashion Week

 A model presents a creation from the Gucci Spring/Summer 2025 collection during Fashion Week in Milan, Italy, September 20, 2024. (Reuters)
A model presents a creation from the Gucci Spring/Summer 2025 collection during Fashion Week in Milan, Italy, September 20, 2024. (Reuters)
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Gucci Dreams of Magical Sunsets at Milan Fashion Week

 A model presents a creation from the Gucci Spring/Summer 2025 collection during Fashion Week in Milan, Italy, September 20, 2024. (Reuters)
A model presents a creation from the Gucci Spring/Summer 2025 collection during Fashion Week in Milan, Italy, September 20, 2024. (Reuters)

Gucci sought to recreate the magic of summer sunsets at Milan Fashion Week on Friday with a colorful line that at times nodded to the 1960s.

Creative director Sabato De Sarno began the show for his spring/summer 2025 collection, called “Casual grandeur”, with a tailored zipped jacket and floor-length trousers slit at the front bottom, opening up over sneakers.

Models wore draped or sleeveless dresses in various colors adorned with golden buckles as well as see-through lace frocks.

There were looks that mirrored 1960s styles with short A-line skirts, structured jackets and shorts. Long coats were worn over tank tops and long denim trousers. Some coats were adorned with sparkling fringes.

Models walked down a red catwalk with lighting ranging from white to warmer shades, nodding to the "moment the sun dives into the sea at the end of an August day", De Sarno said in show notes.

“It’s the moment we find ourselves. This collection is a tribute to those moments, and an invitation to stop, seek your own moment," he said, as the show drew Oscar winner Jessica Chastain and Italian tennis star and world No. 1 Jannik Sinner among celebrity guests.

Accessories included large summer hats, an array of handbags and footwear that varied from loafers and boots to platforms with transparent heels.

De Sarno's color palette included grey, brown, different shades of green, white, orange and red.

De Sarno, who presented his first Gucci show a year ago, has been resetting the Italian luxury brand with his sleek, pared-back creations since taking over from former designer Alessandro Michele, known for his eclectic styles.

“A year later, this collection shows an accomplished journey of construction,” De Sarno said.

Gucci is the largest brand at Kering where it accounts for half of the French luxury group’s sales.

In July, Kering reported a bigger-than-expected drop in second-quarter sales and forecast a weak second half, as the group works to re-energize Gucci while facing subdued demand from Chinese shoppers.



Sources: Shein Weighs Sale of Less Than 10% of Company in London IPO

A mannequin with a Shein sign stands in an office of a lingerie maker at WeMet Industrial Park, in Guanyun county of Lianyungang, Jiangsu province, China November 25, 2024. REUTERS/Florence Lo
A mannequin with a Shein sign stands in an office of a lingerie maker at WeMet Industrial Park, in Guanyun county of Lianyungang, Jiangsu province, China November 25, 2024. REUTERS/Florence Lo
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Sources: Shein Weighs Sale of Less Than 10% of Company in London IPO

A mannequin with a Shein sign stands in an office of a lingerie maker at WeMet Industrial Park, in Guanyun county of Lianyungang, Jiangsu province, China November 25, 2024. REUTERS/Florence Lo
A mannequin with a Shein sign stands in an office of a lingerie maker at WeMet Industrial Park, in Guanyun county of Lianyungang, Jiangsu province, China November 25, 2024. REUTERS/Florence Lo

Fast fashion retailer Shein is considering asking UK regulators to waive listing rules that require at least 10% of its shares to be sold to the public in its planned London flotation, two people with knowledge of the matter said.
The company is exploring this option to facilitate its IPO, one of the people said, according to Reuters.
If granted, it would likely be the first time that a company in London has been allowed to list below the recent 10% rule.
Singapore-headquartered Shein, which sells $5 tops and $10 dresses mostly made in China, in June filed confidentially with the Financial Conduct Authority (FCA) for a London listing.
However, Britain's financial regulator is taking longer than usual to approve its application, Reuters reported last week.
The people declined to be identified as they were not authorized to speak to the media.
Shein declined to comment.
Shein was valued at $66 billion in a fundraising round last year. A 10% flotation at that valuation would make the IPO worth $6.6 billion. The biggest European IPO this year was perfume and fashion company Puig's $2.9 billion deal, according to Dealogic.
The current valuation of Shein and how much it is looking to raise via the London listing was not immediately known.
London changed its listing rules in 2021 to boost the attractiveness of the venue for companies. It cut the proportion of shares an issuer is required to float to 10% from 25%, reducing potential barriers for large IPOs, the FCA said at the time.
In July, Britain ushered in the biggest reform of company listing rules in more than three decades to help it compete more effectively with New York and the European Union for new issuers.
Shein began to explore a listing on the London Stock Exchange early this year, Reuters reported in May, citing sources. The China-founded company's original plan to list in New York was derailed after opposition from US lawmakers.
Shein is also waiting for China's securities regulator to approve its plans for a London IPO, Reuters previously reported. Its revenues are expected to hit $50 billion this year, up 55% from 2023, according to Coresight Research.