Versace’s Milan Show Aims for ‘Optimism and Joy’ with Colorful Prints

 A model wears a creation as part of the Versace Spring Summer 2025 collection, that was presented in Milan, Italy, Friday, Sept. 20, 2024. (AP)
A model wears a creation as part of the Versace Spring Summer 2025 collection, that was presented in Milan, Italy, Friday, Sept. 20, 2024. (AP)
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Versace’s Milan Show Aims for ‘Optimism and Joy’ with Colorful Prints

 A model wears a creation as part of the Versace Spring Summer 2025 collection, that was presented in Milan, Italy, Friday, Sept. 20, 2024. (AP)
A model wears a creation as part of the Versace Spring Summer 2025 collection, that was presented in Milan, Italy, Friday, Sept. 20, 2024. (AP)

Presenting a playful and colorful collection of mismatched prints, Italian designer Donatella Versace said she had set out to bring "optimism and joy" to the catwalk with her show at Milan Fashion Week.

Friday evening's Versace show, held at the medieval Castello Sforzesco, kicked off with models wearing clashing prints: zigzag tops and floral skirts, an aesthetic that dominated the spring/summer 2025 line for both womenswear and menswear.

The mixed prints featured on silky dresses and skirts, shirts and knitwear which came in brown, blue, lilac and yellow, with hints of the Versace Medusa head print on some designs.

Outfits nodded to 1990s' styles, with shirts sticking out from under short, unbuttoned cardigans, and there was also a selection of tailored suits and trousers in lemon.

"When there is so much darkness in the world - with this collection, I wanted to bring color, light, optimism and joy - we have never needed it more," Versace, the design head at the Italian fashion house, said in a statement.

Some pieces were cut in shimmering gold - a corset, skirt and strapless dress.

Models also wore colorful tights as well as slinky heels or platforms in bold hues, while menswear models wore suits with trainers or socks and sandals.

Milan Fashion Week runs until Monday.



H&M seeks to Lure US Shoppers as Fast-fashion Rivals Hike Prices Due to Tariffs

A woman is reflected next to the logo of the H&M fashion retailer in the newly opened Mall of Berlin shopping center in Berlin, Germany, in this September 25, 2014 file photo. REUTERS/Thomas Peter
A woman is reflected next to the logo of the H&M fashion retailer in the newly opened Mall of Berlin shopping center in Berlin, Germany, in this September 25, 2014 file photo. REUTERS/Thomas Peter
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H&M seeks to Lure US Shoppers as Fast-fashion Rivals Hike Prices Due to Tariffs

A woman is reflected next to the logo of the H&M fashion retailer in the newly opened Mall of Berlin shopping center in Berlin, Germany, in this September 25, 2014 file photo. REUTERS/Thomas Peter
A woman is reflected next to the logo of the H&M fashion retailer in the newly opened Mall of Berlin shopping center in Berlin, Germany, in this September 25, 2014 file photo. REUTERS/Thomas Peter

H&M is trying to win shoppers from rivals in the United States by holding prices steady while Zara and Shein raise theirs, as US tariffs disrupt the fast-fashion industry that relies on imports of low-cost clothes from China, Vietnam, and other Asian countries.

H&M CEO Daniel Erver said on Thursday constantly changing tariffs had created turbulence, with the world's second-largest listed fashion retailer planning for multiple scenarios.

In an interview, he told Reuters that the challenge in the coming months is "to understand the consumer sentiment, which we see has dropped in the US due to all the turbulence... with the fact that some will be forced to raise prices more, and what (that creates) as an opportunity".

"Different competitors are acting in different ways, some more aggressively, some more cautiously," he added.

H&M has around 500 stores across the US, its second-largest market after Germany in terms of sales, accounting for 13% in 2024.

As US tariffs add to costs for retailers, relative price positioning is front of mind for executives, and the timing of price increases is key, with companies watching the competition closely to see who will blink first.

For H&M, which is trying to improve its profitability, sticking to current prices for longer carries risks as rising costs eat into margins.

But it also provides an opportunity to take market share from rivals.

"Maybe they are going to raise prices in the US... but just to a lesser extent as compared to competitors," Pareto Securities analyst Alexander Siljestrom said.

H&M can also mitigate the tariff impact by shifting production of US-bound clothes from China, which faces the highest tariff rate, to Bangladesh and elsewhere, he said.

Across categories including dresses, jeans, and shirts, the average US price at H&M's bigger competitor Zara was up by 28% this month from a year ago, according to data from price tracking firm EDITED, while prices at H&M in the US were on average down 3% year-on-year.

Zara prices were up across the board in June compared to January this year, EDITED found, while H&M has kept prices more or less stable, even though its chief financial officer Adam Karlsson said in March that price hikes were likely to offset tariffs.

Shein, which sends clothes direct to US shoppers from factories in China, has also had to raise prices and suffered weaker customer growth since Trump ended the "de minimis" duty-free treatment of low-value parcels.

SOURCING FROM FEWER, CLOSER SUPPLIERS

As it aims to improve its supply chain and get new styles to stores faster, H&M has spent the last 18 months consolidating its supplier base, Erver said, aiming to order more from a smaller number of big suppliers who also operate factories in multiple countries.

"We look at each individual order to decide what's the best sourcing market depending on the craftsmanship, the skills, the pricing situation, but also now more than ever the geopolitical situation with trade barriers," he told Reuters.

"That has led us in certain cases to take the decision to move things to different markets."

H&M also aims to be below full capacity with all of its suppliers, so it can easily increase production if needed when an item sells well, Erver said.

As part of its "nearshoring" strategy of sourcing products from suppliers closer to main consumer hubs, H&M is looking to increase its supplier base in markets like Türkiye, Egypt, Jordan, and Morocco for Europe, Erver said.

H&M will also add suppliers in Brazil, where it is opening its first stores in the second half, he added.