Jonathan Anderson Set for Dior Debut at Paris Fashion Week

Jonathan Anderson's arrival at Dior is one of the most notable shake-ups in recent fashion industry reshuffles. Geoffroy VAN DER HASSELT / AFP
Jonathan Anderson's arrival at Dior is one of the most notable shake-ups in recent fashion industry reshuffles. Geoffroy VAN DER HASSELT / AFP
TT

Jonathan Anderson Set for Dior Debut at Paris Fashion Week

Jonathan Anderson's arrival at Dior is one of the most notable shake-ups in recent fashion industry reshuffles. Geoffroy VAN DER HASSELT / AFP
Jonathan Anderson's arrival at Dior is one of the most notable shake-ups in recent fashion industry reshuffles. Geoffroy VAN DER HASSELT / AFP

Men's Fashion Week returns to Paris on Tuesday with heightened anticipation as Jonathan Anderson shows his first creations for Dior and Saint Laurent rejoins the official calendar.

Following a flurry of artistic director changes, the spring-summer 2026 menswear season reflects the industry's instability: Milan scaled back its program and London pulled out entirely.

But Paris is doubling down with a packed edition.

"The calendar is quite dense and there's a very good balance between creativity, business, independent labels, large groups and new talent," Alice Feillard, men's buying director at Galeries Lafayette, the landmark Paris department store, told AFP.

Around 70 labels are set to showcase their collections through 30 presentations and 40 runway shows between June 24 and 29.

The most eagerly awaited show is Dior Homme on Friday, marking the debut of Northern Irish designer Anderson, who was appointed head of Dior womenswear in early June just weeks after joining Dior Homme, replacing Maria Grazia Chiuri.

He becomes the first designer since Christian Dior to oversee both the men's and women's lines as well as haute couture at the flagship house, part of the LVMH group.

Following the appointment of Franco-Belgian Matthieu Blazy at Chanel last December, Anderson's move is one of the most notable shake-ups in recent fashion industry reshuffles.

The 40-year-old is widely seen as a fashion prodigy, having transformed the storied Spanish house Loewe into a global powerhouse.

But Loewe will be one of the major absentees from Fashion Week, pending the debut of Jack McCollough and Lazaro Hernandez, appointed to succeed Anderson.

Also drawing attention will be Julian Klausner's first menswear show for Dries Van Noten, set for Wednesday.

Appointed in December to succeed the founder Dries Van Noten, who retired last year, the Belgian designer had already made an impression in March with his first women's collection.

Saint Laurent returns

Another highlight is the return of Saint Laurent, which last took part in Men's Fashion Week in Paris in January 2023.

Anthony Vaccarello's new collection will be revealed Tuesday, just hours before Pharrell Williams presents his latest designs for Louis Vuitton.

Historic houses such as Hermes, Kenzo and Issey Miyake will also feature, alongside AMI, Comme des Garcons, Egonlab, Rick Owens and Willy Chavarria, who is returning after his first Paris show in January.

Also noteworthy are the returns of British designers Wales Bonner and Craig Green, and the Paris debut of rising Indian label Kartik Research.

Jacquemus, which made a comeback in January, will close the week with the final show.

Men's Fashion Week will be followed by Haute Couture Week from July 7 to 10, also marked by major artistic leadership changes.

Dior will not participate because Anderson preferred to unveil his first couture collection in January 2026.

Jean Paul Gaultier will also be absent, with its new creative director, Duran Lantink, set to debut at the women's fashion week in October.

Balenciaga will present the designer Demna's final collection before his departure for Gucci, while Glenn Martens will make his debut at Maison Margiela.

Elsewhere, American designer Michael Rider will reveal his first Celine collection on July 6 in a co-ed show.



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
TT

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
TT

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.


Lululemon Jumps on Elliott's $1 Billion Bet Ahead of Leadership Change

FILE PHOTO: A logo is displayed inside a Lululemon outlet retail store at Bicester Village in Oxfordshire, Britain, August 21, 2024. REUTERS/Hollie Adams/File Photo
FILE PHOTO: A logo is displayed inside a Lululemon outlet retail store at Bicester Village in Oxfordshire, Britain, August 21, 2024. REUTERS/Hollie Adams/File Photo
TT

Lululemon Jumps on Elliott's $1 Billion Bet Ahead of Leadership Change

FILE PHOTO: A logo is displayed inside a Lululemon outlet retail store at Bicester Village in Oxfordshire, Britain, August 21, 2024. REUTERS/Hollie Adams/File Photo
FILE PHOTO: A logo is displayed inside a Lululemon outlet retail store at Bicester Village in Oxfordshire, Britain, August 21, 2024. REUTERS/Hollie Adams/File Photo

Lululemon Athletica shares rose nearly 8% in early trading on Thursday after reports Elliott Management has built a $1 billion stake in the athleisure wear maker and is working with former Ralph Lauren executive Jane Nielsen for a potential CEO role.

The Canada-based retailer said last week that Calvin McDonald will step down after nearly seven years as its top boss, sparking hopes for a leader who can reverse slowing growth and win back younger shoppers amid fierce competition from trendier players like Alo and Vuori. The stock has lost nearly half of its value this year, underscoring investor concerns over Lululemon's struggles. The company's shares were trading at $224 on Thursday.

"Elliott is famous for agitating for change. These positions aren't built overnight, so Lululemon's board probably saw this coming," said Brian Jacobsen, chief economic strategist, Annex Wealth Management.

The activist investor has been working closely for months with Nielsen, a retail veteran, a source told Reuters on Wednesday. Nielsen, who sits on the board of Cadbury parent Mondelez, has also served as finance chief at Tapestry-owned Coach.

"Lululemon is one of the most powerful brands in retail, defined by exceptional products, deeply engaged communities and significant global potential," Nielsen said in a statement to the Wall Street Journal. "I would welcome the chance to discuss this opportunity with the Lululemon board."

Elliott, Lululemon and Nielsen did not respond to Reuters requests for comment.

Analysts have said the company will need to upgrade its fabrics, use fresher designs and accelerate product launches that click with Gen Z to reclaim its "cool factor" and lure shoppers back.

With much of its sourcing tied to Asian factories facing higher import duties, Lululemon will also need to streamline its supply chain to blunt US tariff pressures and protect margins next year, analysts have said.

"Lululemon should implement fast fashions and introduce an assortment that will pull customers from Alo and Vuori - especially Gen Z customers.

Fast fashion requires a much better supply chain than is currently in use at Lululemon," said Brittain Ladd, a strategy and supply chain consultant at Florida-based Chang Robotics.

The brand's struggles have drawn sharp criticism from founder and largest individual shareholder Chip Wilson. He has also called for an urgent CEO search, led by new, independent directors with deep company knowledge to restore a product-first focus.

Wilson did not respond to a Reuters request for comment.

With a 4.3% ownership, Wilson's stake is valued at about $988 million, according to LSEG data, making Elliott one of the top shareholders in Lululemon, which is valued at nearly $25 billion.

Lululemon trades at a forward price-to-earnings ratio of 16.37, while Gap trades at 11.88 and American Eagle at 16.81, according to LSEG data.