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Saudi Fashion Commission, Kering Start Screening for 'Kering Generation Award X Saudi Arabia' Winners

The Saudi Fashion Commission logo
The Saudi Fashion Commission logo
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Saudi Fashion Commission, Kering Start Screening for 'Kering Generation Award X Saudi Arabia' Winners

The Saudi Fashion Commission logo
The Saudi Fashion Commission logo

The Fashion Commission and luxury group Kering have launched the selection process for winners of the "Kering Generation Award X Saudi Arabia," a collaborative initiative aimed at training and supporting twenty innovative startups that are making a significant impact in the fashion industry.
The partnership focuses on emphasizing sustainable practices, exploring innovative startups within the fashion and commodities sectors, and establishing award criteria, selection procedures, and development programs for participants.
The application process began in November 2024, inviting startups to submit their applications and embark on a journey toward promoting sustainability. Over 100 startups applied for the program, and 20 were selected to participate in a three-day training camp in Riyadh. The program featured workshops that concentrated on the development of key performance indicators and goal setting, as well as pitching skills.
On January 14, the shortlist of 20 startups convened in Riyadh for the final presentation session, where each applicant was evaluated according to the three key criteria: customer engagement, circular economy, and water protection.
Following the presentation, the evaluation process commenced to select the top 10 proposals, which the jury will assess based on innovation, relevance to the topic, connection to fashion, and potential impact on nature and society.
The awards ceremony for the "Kering Generation Award X Saudi Arabia" is scheduled for January 27 in Riyadh; the top three winning startups will be announced.
Winners will have the opportunity to participate in a week-long trip to Paris for exclusive mentoring with Kering's sustainability teams and present their innovations at the ChangeNOW Summit 2025.
Fashion Commission CEO Burak Cakmak said that sustainability is central to the Fashion Commission's vision for the industry's future.
He added that the Kering Generation Award X Saudi Arabia aims to showcase and support startups that are fostering significant innovation in circular fashion and environmental stewardship.
Cakmak said the initiative demonstrates the commission’s commitment to advancing solutions that tackle current challenges while paving the way for a more sustainable future in fashion.

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Fashion

Burberry Beats Holiday Sales Expectations, Attracts More Shoppers in China

A Burberry Check styled shirt with the Burberry label is displayed at the Burberry flagship store in Regent Street, London, Britain, September 8, 2025. (Reuters)
A Burberry Check styled shirt with the Burberry label is displayed at the Burberry flagship store in Regent Street, London, Britain, September 8, 2025. (Reuters)
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Burberry Beats Holiday Sales Expectations, Attracts More Shoppers in China

A Burberry Check styled shirt with the Burberry label is displayed at the Burberry flagship store in Regent Street, London, Britain, September 8, 2025. (Reuters)
A Burberry Check styled shirt with the Burberry label is displayed at the Burberry flagship store in Regent Street, London, Britain, September 8, 2025. (Reuters)

Burberry beat expectations for sales growth in the key holiday quarter as its marketing push featuring British celebrities resonated ‌with shoppers ‌and helped attract more Gen ‌Z ⁠consumers ​in China.

Joshua ‌Schulman, who became CEO in July 2024 as sales were sliding, is leading a turnaround focused on trench coats, scarves and the brand's British heritage, while cutting costs after reducing the workforce by 20% last year.

"Our customers responded to our immersive Timeless ⁠British Luxury campaigns and experiences, while the continued strength in our core ‌outerwear category is now extending ‍into accessories and ready-to-wear," ‍Schulman said in a statement on Wednesday.

Comparable store sales rose 3% in the three months to December 27, beating analysts' expectation of 2% growth, according to a company-compiled consensus.

Sales ​in China rose 6% on a comparable basis, as the brand continued its recovery ⁠in the crucial luxury market. Burberry said the performance was supported by "double-digit" growth in Gen Z customers.

The company said its markdown period was shorter and "shallower" than last year, an encouraging sign for investors looking for signs that customers are increasingly willing to buy Burberry products at full price.

Burberry said it expects full-year adjusted operating profit to be in line with the consensus forecast of 149 million pounds ($200 ‌million).

Fashion

L'Oreal Eyes Further Growth in Germany

The logo of French cosmetics Groupe L'Oreal is seen on the L'Oreal group's headquarters building in Clichy, near Paris, France, April 14, 2025. (Reuters)
The logo of French cosmetics Groupe L'Oreal is seen on the L'Oreal group's headquarters building in Clichy, near Paris, France, April 14, 2025. (Reuters)
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L'Oreal Eyes Further Growth in Germany

The logo of French cosmetics Groupe L'Oreal is seen on the L'Oreal group's headquarters building in Clichy, near Paris, France, April 14, 2025. (Reuters)
The logo of French cosmetics Groupe L'Oreal is seen on the L'Oreal group's headquarters building in Clichy, near Paris, France, April 14, 2025. (Reuters)

French cosmetics giant L'Oreal sees further growth potential in Germany, ​the business media outlet Capital reported on Wednesday.

"The German economy has barely grown in the last three years, but the local beauty ‌market has ‌grown by ‌20%," ⁠group ​CEO Nicolas ‌Hieronimus said in an interview with the magazine.

Average spending on beauty products in Germany, however, is still below the European ⁠average - "which is an opportunity ‌for us," Hieronimus said.

L'Oreal ‍has recently ‍invested in the booming ‍market for injectable cosmetics, increasing its stake in skin care firm Galderma in December, ​just two months after it agreed to ⁠pay 4 billion euros ($4.7 billion) for Kering's beauty business.

It has also said it will study a potential investment in Armani.

It will consider all the options when making an offer, its CEO told ‌Capital.

Fashion

Valentino, Fashion Designer to the Jet Set, Dies Aged 93 in Rome

Italian fashion designer Valentino Garavani celebrates 45 years in the fashion business as his latest haute couture line makes its debut at the "Complesso Monumentale di Borgo Santo Spirito in Sassia", in Rome, Italy, on 07 July 2007. (EPA)
Italian fashion designer Valentino Garavani celebrates 45 years in the fashion business as his latest haute couture line makes its debut at the "Complesso Monumentale di Borgo Santo Spirito in Sassia", in Rome, Italy, on 07 July 2007. (EPA)
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Valentino, Fashion Designer to the Jet Set, Dies Aged 93 in Rome

Italian fashion designer Valentino Garavani celebrates 45 years in the fashion business as his latest haute couture line makes its debut at the "Complesso Monumentale di Borgo Santo Spirito in Sassia", in Rome, Italy, on 07 July 2007. (EPA)
Italian fashion designer Valentino Garavani celebrates 45 years in the fashion business as his latest haute couture line makes its debut at the "Complesso Monumentale di Borgo Santo Spirito in Sassia", in Rome, Italy, on 07 July 2007. (EPA)

Valentino Garavani, the jet-set Italian designer whose high-glamour gowns — often in his trademark shade of “Valentino red” — were fashion show staples for nearly half a century, has died at home in Rome, his foundation announced Monday. He was 93.

“Valentino Garavani was not only a constant guide and inspiration for all of us, but a true source of light, creativity and vision,” the foundation said in a statement posted on social media.

His body will repose at the foundation’s headquarters in Rome on Wednesday and Thursday. The funeral will be held Friday at the Basilica Santa Maria degli Angeli e dei Martiri in Rome’s Piazza della Repubblica.

Universally known by his first name, Valentino was adored by generations of royals, first ladies and movie stars, from Jackie Kennedy Onassis to Julia Roberts and Queen Rania of Jordan, who swore the designer always made them look and feel their best.

“I know what women want,” he once remarked. “They want to be beautiful.”

Never one for edginess or statement dressing, Valentino made precious few fashion faux-pas throughout his nearly half-century-long career, which stretched from his early days in Rome in the 1960s through to his retirement in 2008.

His fail-safe designs made Valentino the king of the red carpet, the go-to man for A-listers’ awards ceremony needs. His sumptuous gowns have graced countless Academy Awards, notably in 2001, when Roberts wore a vintage black and white column to accept her best actress statue. Cate Blanchett also wore Valentino — a one-shouldered number in butter-yellow silk — when she won the Oscar for best supporting actress in 2004.