Ralph Lauren Stays Closer to Home This Time with Intimate Manhattan Gallery Show

A model presents a creation from the Ralph Lauren collection in New York City, US, April 17, 2025. (Reuters)
A model presents a creation from the Ralph Lauren collection in New York City, US, April 17, 2025. (Reuters)
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Ralph Lauren Stays Closer to Home This Time with Intimate Manhattan Gallery Show

A model presents a creation from the Ralph Lauren collection in New York City, US, April 17, 2025. (Reuters)
A model presents a creation from the Ralph Lauren collection in New York City, US, April 17, 2025. (Reuters)

Ralph Lauren, known for staging elaborate runway shows in sumptuous settings like the horsey Hamptons or amid his vintage car collection, took it down a notch for a more intimate show Thursday in a Manhattan gallery space.

As celebrities like Anne Hathaway, Michelle Williams, Julia Louis-Dreyfus, Ariana DeBose and many others watched from the front row, Lauren presented a fall collection dubbed “The Modern Romantics,” heavy on high ruffled necks, classics like buttery leather in everything from aviator jackets to bustiers, and soft cashmere. Evening looks were long and lacy.

Models descended a grand staircase in an airy gallery setting Lauren’s models first appeared atop a balcony, then each descended a grand staircase to walk the runway. The venue, now the Jack Shainman Gallery, was built in 1898 in the Italian Renaissance Revival style.

For the New York-based crowd, it was much less of a journey than Lauren’s last show in the Hamptons on Long Island, which took some guests four hours from Manhattan in busy traffic.

Lauren himself appeared at the end of the show to wave — from the top of the balcony.

Lauren said he was celebrating “The Modern Romantics,” an aesthetic he described as “self-assured and unbound by rules.”

Strutting the runway, the models displayed looks that began with a classic Lauren combination of black trousers, a high-necked ruffled white shirt, and an aviator jacket in brown distressed leather.

That was followed by a filmy white midi-dress paired with a thick black leather belt, and tall black leather boots.

A black leather bustier was paired with a long camel wool skirt, and white lacy ruffled shirts popped up in different ensembles — with a long camel coat, or a puffy brown cardigan. There were also white lace neckties. There were velvet jackets, including in a deep shade of purple.

Outfits segued into evening with long, silky or strappy gowns, one in a white crochet theme, another in sumptuous black lace. There was a black halter gown in tiers of ruffles spiraling around the body.

Hathaway, Williams and Watts sat together in the front row, each in a Lauren-style trench or wrap coat. Hathaway, her hair pulled back in a tight ponytail, paired her coat with a pair of tan-colored jeans, embroidered with sequins and strategically shredded.

DeBose wore a smart gray suit that would go perfectly with next month’s Met Gala dress code: “Tailored For You.” Louis-Dreyfus wore a cropped leather jacket in light brown, with white trousers.

Also attending were Sadie Sink, Sarah Catherine Hook, Eiza Gonzalez, Andra Day, Kacey Musgraves and Ella Hunt, among others.

“I thought it was very much his sensibility and what he believes,” Anna Wintour, the influential Vogue editor, said after the show, noting that Lauren’s fashion transcended trends. “He’s a designer that never looks to the left or to the right. He’s just very clear in what he wants to say and what his customer wants, and that’s one of the reasons he’s so unbelievably successful.”

Sarah Catherine Hook, who appeared in the recently concluded third season of “The White Lotus," said she liked the collection’s ephemeral feel.

“I love anything timeless and I feel like this is the most timeless you could possibly get," Hook said. “I love the masculine-feminine mix of it and this is my first time getting to wear a necktie, so I’m feeling pretty chic today.”



Nike Shares Rise as Apple’s Cook Doubles His Bet on CEO Hill’s Overhaul Effort

A jogger wearing Nike shoes runs along the Charles River in Cambridge, Massachusetts, US, March 18, 2019. (Reuters)
A jogger wearing Nike shoes runs along the Charles River in Cambridge, Massachusetts, US, March 18, 2019. (Reuters)
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Nike Shares Rise as Apple’s Cook Doubles His Bet on CEO Hill’s Overhaul Effort

A jogger wearing Nike shoes runs along the Charles River in Cambridge, Massachusetts, US, March 18, 2019. (Reuters)
A jogger wearing Nike shoes runs along the Charles River in Cambridge, Massachusetts, US, March 18, 2019. (Reuters)

Nike shares rose 5% in early trading on Wednesday after Apple CEO Tim Cook doubled his personal stake in the sportswear maker, raising his bets on the margin-pinching turnaround efforts led by CEO Elliott Hill.

Cook, who has been on Nike's board since 2005, bought 50,000 shares at $58.97 ‌each, according to ‌a regulatory filing. As of December ‌22, ⁠he holds about ‌105,000 shares, which is now worth nearly $6 million.

It was the largest open market stock purchase for a Nike director or executive and possibly the largest in more than a decade, said Jonathan Komp, analyst at Baird Equity Research.

"(We see) Cook's move as a positive signal for the progress under CEO Elliott Hill and Nike's 'Win ⁠Now' actions," Komp said.

The purchase comes days after Nike reported weaker quarterly margins and weak ‌sales in China even as CEO ‍Hill tries to revive demand ‍through fresh marketing plans and innovation focused on running and sports, ‍while phasing out lagging lifestyle brands.

He has also attempted to mend Nike's ties with wholesalers such as Dicks Sporting Goods to increase visibility among shoppers amid stiff competition from newer brands.

However, the strategy has strained Nike's margins, which have been declining for over a year, while its efforts to win back its ⁠premier position in discount-friendly China appears to be faltering.

Nike's shares have slumped nearly 13% since it reported results on December 18 and are on track for the fourth straight year of declines. They were trading at $60.19 on Wednesday.

Cook has been a lead independent director of Nike since 2016 when co-founder Phil Knight stepped down as its chairman.

The Apple CEO "remains extremely close" with Knight, Komp said, adding that he has advised Nike through key strategic decisions including Hill's appointment last year.

Board director and former Intel CEO ‌Robert Swan also bought about 8,700 shares for about $500,000 this week.


Etro Founding Family Exits Group as New Investors Including Türkiye's RAMS Global Join

L Catterton, a private equity firm backed by French luxury giant LVMH, will remain Etro's majority owner. Reuters
L Catterton, a private equity firm backed by French luxury giant LVMH, will remain Etro's majority owner. Reuters
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Etro Founding Family Exits Group as New Investors Including Türkiye's RAMS Global Join

L Catterton, a private equity firm backed by French luxury giant LVMH, will remain Etro's majority owner. Reuters
L Catterton, a private equity firm backed by French luxury giant LVMH, will remain Etro's majority owner. Reuters

The founding family of Italian fashion house Etro has sold the minority stake it still owned in the brand to a group of investors including Turkish group RAMS Global, the company said on Friday.

L Catterton, a private equity firm backed by French luxury giant LVMH, will remain Etro's majority owner and "will continue to actively support the brand's long-term growth strategy," Etro added, according to Reuters.

The new investors comprise also Italian fashion group Swinger International and small private equity firm ⁠RSI.

In addition to buying the stake, they all subscribed to a capital increase that will lower L Catterton's holding in Etro to between 51% and 55% from around 65%.

When including both the acquisition and the capital increase, the deal is worth around 70 ⁠million euros ($82 million), two sources close to the matter said. Etro did not disclose financial details.

Chief Executive Fabrizio Cardinali will remain at the helm, while Faruk Bülbül, representing RAMS Global, will become chairman of the board.

L Catterton bought a 60% stake in the brand known for its paisley motif four years ago, and it slightly increased the holding over the years.

The company, founded by Gimmo Etro in 1968, has ⁠been struggling with its turnaround. Last year it posted a net loss of 23 million euros with net revenues declining to 245 million euros from 261 million euros, according to filings with the local chambers of commerce reviewed by Reuters.

Rothschild advised L Catterton and the Etro family on the deal.

Rothschild had been hired in 2024 to look for a new investor who could buy all or part of the Etro fashion group, sources had previously told Reuters.


Paris Court Rejects Bid to Suspend Shein Platform in France

A customer holds shopping bags with a Shein logo in the first physical space of Chinese online fast-fashion retailer Shein on the day of its opening inside the Le BHV Marais department store, the Bazar de l'Hotel de Ville, in Paris, France, November 5, 2025. REUTERS/Sarah Meyssonnier/File Photo
A customer holds shopping bags with a Shein logo in the first physical space of Chinese online fast-fashion retailer Shein on the day of its opening inside the Le BHV Marais department store, the Bazar de l'Hotel de Ville, in Paris, France, November 5, 2025. REUTERS/Sarah Meyssonnier/File Photo
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Paris Court Rejects Bid to Suspend Shein Platform in France

A customer holds shopping bags with a Shein logo in the first physical space of Chinese online fast-fashion retailer Shein on the day of its opening inside the Le BHV Marais department store, the Bazar de l'Hotel de Ville, in Paris, France, November 5, 2025. REUTERS/Sarah Meyssonnier/File Photo
A customer holds shopping bags with a Shein logo in the first physical space of Chinese online fast-fashion retailer Shein on the day of its opening inside the Le BHV Marais department store, the Bazar de l'Hotel de Ville, in Paris, France, November 5, 2025. REUTERS/Sarah Meyssonnier/File Photo

A Paris court on Friday rejected a government request to suspend Chinese fast-fashion platform Shein in France after authorities found illegal weapons and child-like sex dolls for sale on the fast-fashion giant’s website.

Shein welcomed the decision, saying it remains committed to strengthening its control processes in cooperation with French authorities.

“Our priority remains protecting French consumers and ensuring compliance with local laws and regulations," the company said in an emailed statement to The Associated Press.

The controversy dates to early November, when France’s consumer watchdog and Finance Ministry moved toward suspending Shein’s online marketplace after authorities said they had found childlike sex dolls and prohibited “Class A” weapons listed for sale, even as the company opened its first permanent store in Paris.

French authorities gave Shein hours to remove the items. The company responded by banning the products and largely shutting down third-party marketplace listings in France.

French officials have also asked the European Commission to examine how illegal products were able to appear on the platform under EU rules governing large online intermediaries.