The Iconic ‘T’ Stands for Twisted in Tory Burch’s New Collection at New York Fashion Week 

A model walks the runway during the Tory Burch Fall/Winter 2025 show at New York Fashion Week on February 10, 2025 in New York City. (AFP)
A model walks the runway during the Tory Burch Fall/Winter 2025 show at New York Fashion Week on February 10, 2025 in New York City. (AFP)
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The Iconic ‘T’ Stands for Twisted in Tory Burch’s New Collection at New York Fashion Week 

A model walks the runway during the Tory Burch Fall/Winter 2025 show at New York Fashion Week on February 10, 2025 in New York City. (AFP)
A model walks the runway during the Tory Burch Fall/Winter 2025 show at New York Fashion Week on February 10, 2025 in New York City. (AFP)

Tory Burch not only put her own twist on American sportswear in her new fall/winter collection at New York Fashion Week — she made it “twist-ed,” with exaggerated shapes and details, a splashy backdrop and memorable music.

Known for her classic lines and splashes of color against neutral tones, Burch says her inspiration for Monday’s show was “twisted American sportswear,” her way of taking expected pieces and adding unconventional details and pairings.

“It was sort of a literal and figurative take on the word ‘twisting.’ I loved the idea that sportswear was created in America,” Burch told The Associated Press after the show.

“I ... wanted it to give people the ability to have a second glance when you look at something. It has more depth than when you first perceived what it would be. And whether that’s in the luxurious yarn that you use or the sophistication of an interesting cut line and drape ... It was an exploration of that — of how do you twist things that make it more desirable?”

The collection featured layers galore, with sweaters draped on top of coats and button downs peeking from underneath sweaters, with an oversized blazer on top. Other standout looks included reimagined track pants, made in brushed wool and cotton, paired with blazers and sweaters.

Several utilitarian short jackets had multiple pockets, which Burch called “handbag jackets,” in black leather, denim, and one in fire engine red, paired with a brown skirt.

Some jackets and button-down shirts had exaggerated sleeves and cuffs, that hung loosely on the models like dad’s sportscoat. A series of textured velvet and jersey dresses with draping in muted colors could be dressed up or down.

Burch loves a little drama in her shows and always chooses venues that make a statement. She said she felt “very fortunate” to be showing at New York’s Museum of Modern Art.

“I’ve come here for my whole life and I’ve always loved MoMA and it’s just a miracle to me. It’s like the quintessential perfect space in New York.”

The runway was in two separate spaces connected by a giant staircase the models descended during the show. Some guests were seated on metal benches on the top of the two-story space and others were below in a stark white room with one wall of windows facing the street, and another a giant video screen showing skewed camera angles of the models walking and guests watching the show, giving off very big brother vibes.

The eerie soundtrack added to the experience — starting out with a booming techno beat. There were few if any lyrics, and instead a woman was heard giggling – sometimes maniacally. “It’s a bit twisted,” Burch said of the music with a smile. “You didn’t know if she was laughing or crying.”

Stars who attended the Burch show Amanda Seyfried, Jodie Turner-Smith, and Alexandra Daddario shared a bench with singer-songwriter Ciara and media icon Martha Stewart.

“Industry” star Myha’la said of Burch's collection: “It really exuded female strength, which I love."

Singer-songwriter-actor Charlotte Lawrence said she loved all the details in the show. “You can tell when a designer loves women, and obviously Tory does and knows how to dress women in a very elegant way that I believe ... sets a kind of blueprint of how to carry yourself with strength and confidence.”



Nike’s Turnaround Put to Test as Middle East Conflict Poses New Risks

A man walks past Nike booth with installation of shoes at the 8th China International Import Expo (CIIE) venue in Shanghai, China, November 5, 2025. (Reuters)
A man walks past Nike booth with installation of shoes at the 8th China International Import Expo (CIIE) venue in Shanghai, China, November 5, 2025. (Reuters)
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Nike’s Turnaround Put to Test as Middle East Conflict Poses New Risks

A man walks past Nike booth with installation of shoes at the 8th China International Import Expo (CIIE) venue in Shanghai, China, November 5, 2025. (Reuters)
A man walks past Nike booth with installation of shoes at the 8th China International Import Expo (CIIE) venue in Shanghai, China, November 5, 2025. (Reuters)

Nike's efforts to steady its business ‌face a fresh setback, with executives cautioning that unrest in the Middle East could further complicate the turnaround, while the sportswear giant still struggles to regain traction in China.

The company on Tuesday warned of a sharp drop in current-quarter sales and slower-than-expected progress on its turnaround, as higher trade-related costs squeeze its margins and cautious consumers rein in spending.

Shares of the company slumped 10% to $47.35 in premarket trading on Wednesday and were on track to open at their lowest in over a ‌decade.

On an earnings ‌call, Chief Financial Officer Matthew Friend said ‌the ⁠conflict in the ⁠Middle East had already disrupted shopping behavior in parts of Europe, the Middle East and Africa, contributing to softer store traffic and weaker sportswear sales.

"The Middle East conflict is compounding the pressure, with Nike flagging traffic disruption and elevated inventory across EMEA," said Josh Gilbert, market analyst at eToro.

Nike CEO Elliott Hill, ⁠who took the helm in 2024, has ‌been looking to steady the company ‌as it grapples with several challenges, including a sluggish digital business, ‌stubborn excess inventory and intensifying competition from Chinese sportswear brands.

To boost ‌margins and bolster investor confidence, Hill has moved to rein in promotions, sharpen product innovation and refocus the business on core franchises such as running.

The efforts showed some signs of improvement in the ‌reported quarter, with the running category growing over 20%, but analysts still see a long road ⁠ahead for ⁠Nike.

At least eight brokerages cut their price target on the stock.

"We are turning at least somewhat frustrated, with seemingly slower than planned pace of recovery," Oppenheimer analyst Brian Nagel said.

The company's forward price-to-earnings multiple, a common benchmark for valuing stocks, is 25.47, compared with 13.54 for Adidas and Under Armour's ratio of 25.72, according to LSEG data.

"These earnings show Nike is keeping pace at a steady jog, but it keeps tripping over hurdles along the way," eToro's Gilbert added.

"Patience is clearly the price of admission."


From Plastic Jars to Transport, Iran War Drives up Beauty Industry Costs

Visitors browse stalls at the beauty industry Cosmoprof trade show, in Bologna, Italy, March 26, 2026. Picture taken with a mobile phone. (Reuters)
Visitors browse stalls at the beauty industry Cosmoprof trade show, in Bologna, Italy, March 26, 2026. Picture taken with a mobile phone. (Reuters)
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From Plastic Jars to Transport, Iran War Drives up Beauty Industry Costs

Visitors browse stalls at the beauty industry Cosmoprof trade show, in Bologna, Italy, March 26, 2026. Picture taken with a mobile phone. (Reuters)
Visitors browse stalls at the beauty industry Cosmoprof trade show, in Bologna, Italy, March 26, 2026. Picture taken with a mobile phone. (Reuters)

The Iran war is seeping into the cosmetics supply chain, pushing up the cost of everything from plastic jars and lipstick tubes to transport, and reminding the beauty industry that even a tub of face cream depends on fragile global trade routes.

Cost pressures were a recurring theme last week at one of the sector's largest trade fairs in the northern Italian city of Bologna, as executives watched Iran's blockade of the vital Strait of Hormuz shipping route approach a fifth week.

The Cosmoprof fair drew 3,100 exhibitors from 68 countries and 255,000 visitors from 150 nations, ranging from companies seeking packaging solutions to retailers scouting new products.

Cosmetics companies are primarily worried about higher raw material and transport costs due to rising oil prices ‌and disrupted shipping, five ‌industry executives told Reuters.

"We are beginning to see cost increases driven ‌by ⁠energy price inflation, compounded ⁠by delivery delays," said Simone Dominici, CEO of Italian cosmetics group Kiko, who estimates additional logistics-related costs of about 1.5 million euros ($1.7 million) for the group over the year.

Kiko, which sells lipsticks starting at 5 euros and mascaras from 7.5 euros, operates more than 1,000 stores worldwide.

"With so many containers stuck in the Middle East, there is a tighter container availability ... and goods are not being moved efficiently," Dominici said, adding that higher prices for some chemical components and packaging - much of it sourced from the ⁠Far East - would add further pressure.

As the Iran crisis upends supply ‌chains, Yonwoo, a container maker for L'Oreal and K-beauty firms, ‌said it was scrambling to secure stocks of plastic resin to manufacture the pots used for skincare and cosmetics.

ALTERNATIVE ‌ROUTES

Beyond higher costs, the industry could also face softer demand from consumers whose purchasing power ‌is being eroded by inflation, Dominici said.

"It's the perfect storm," he warned.

Milan-listed Intercos and privately owned Ancorotti Group, among Italy's largest contract manufacturers in the sector, said they had not yet faced major supply shortages but cited higher logistics costs, longer delivery times and rising raw material prices as challenges.

"Lead times have lengthened as routes have ‌become longer and ports more congested. What once took eight weeks now can take 12 to 14 weeks," said Ancorotti Chief Executive Roberto ⁠Bottino.

Some clients have turned ⁠to rail transport to reach Asia, Bottino added.

Ancorotti Group makes around 220 million euros in revenues per year from selling products to beauty brands worldwide.

Bottino said it was difficult to imagine supply-chain cost increases not ultimately being passed downstream.

"Middle East customers value quality and are willing to pay a premium for added value, so being unable to access these markets can have a negative impact," said Fabio Franchina, chairman of haircare products maker Framesi.

Franchina said the company's distributor in the region was exploring alternative delivery routes.

"They are looking at ... (options such as) shipping to Jeddah and then moving goods by road instead of routing them through Gulf ports," he said.

Some goods are currently being shipped by air rather than by sea, he added, further lifting costs.

Italy produced 18 billion euros of cosmetics in 2025, including 8.4 billion euros in exports, according to industry body Cosmetica Italia, making the country the world's fifth-largest exporter of beauty products and one of the leading producers of hair dyes, eye make-up and fragrances.


Judge Lifts Judicial Control on 2 Italian Fashion Firms in Worker Exploitation Case

A woman walks her dog at the CityLife Shopping District in Milan, on March 25, 2026. (Photo by Stefano RELLANDINI / AFP)
A woman walks her dog at the CityLife Shopping District in Milan, on March 25, 2026. (Photo by Stefano RELLANDINI / AFP)
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Judge Lifts Judicial Control on 2 Italian Fashion Firms in Worker Exploitation Case

A woman walks her dog at the CityLife Shopping District in Milan, on March 25, 2026. (Photo by Stefano RELLANDINI / AFP)
A woman walks her dog at the CityLife Shopping District in Milan, on March 25, 2026. (Photo by Stefano RELLANDINI / AFP)

An Italian judge has lifted the judicial control imposed by Milan prosecutors on two Italian fashion firms over alleged worker exploitation, court documents seen by Reuters showed, meaning a court-appointed administrator need no longer monitor the two firms' operations.

It is the first time a judge has not upheld such a measure in a series of similar cases involving the high-end fashion sector.

Milan prosecutors had placed the two firms under investigation on March 17, along with their two directors and three Chinese nationals ⁠who owned two ⁠workshops to which the brands had subcontracted production.

In a 25-page ruling seen on Monday, Judge Roberto Crepaldi said "the conditions do not exist" for placing Alberto Aspesi and Dama Spa, owner of the Paul & Shark brand, under judicial oversight.

He added it had not been proven that ⁠the two companies' directors were complicit in the crime of labor exploitation.

The judge said the exploitation and underpayment of migrant workers had been established, but he attributed responsibility to the two subcontracting workshops rather than to the two client companies. Milan prosecutors said they would file an appeal on Tuesday over the judge's decision, asking a court to confirm the judicial oversight measure.

A three-judge panel will then decide whether to uphold the lower court ⁠judge's ruling ⁠or reimpose judicial control.

Being placed under investigation does not imply guilt or mean the case will go to trial.

Aspesi and Dama have not commented on the case, while the lawyer for Dama's director said he ruled out any criminal liability for his client, Andrea Dini.

The March 17 move had brought to seven the number of high-end brands put under various forms of judicial administration because of suspected labor violations, while another 13 have been subject to inspections - cases that have tainted the sector's image.