Pharrell Bigs Up Brown Denim as Paris Fashion Week Starts

Pharrell Williams at a Louis Vuitton Paris show last year. ALAIN JOCARD / AFP/File
Pharrell Williams at a Louis Vuitton Paris show last year. ALAIN JOCARD / AFP/File
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Pharrell Bigs Up Brown Denim as Paris Fashion Week Starts

Pharrell Williams at a Louis Vuitton Paris show last year. ALAIN JOCARD / AFP/File
Pharrell Williams at a Louis Vuitton Paris show last year. ALAIN JOCARD / AFP/File

Paris Men's Fashion Week kicks off Tuesday with shows by big hitters Saint Laurent and Louis Vuitton, with American singer-turned-designer Pharrell Williams teasing his latest creation -- "coffee bean brown" denims.

The man who got the world dancing to his catchy hit "Happy" predicted the new Louis Vuitton jeans he will unveil at his Paris show will become a "future staple" in fashionable wardrobes, reported AFP.

Williams posted a rear-end photo of the roomy medium-brown jeans on Instagram, saying they are "woven -- not dyed", and are finished with an untreated leather belt loop echoing Vuitton's monogram and the fashion house's trunk-making roots.

He also posted pictures of a matching denim jacket, finished with brassy buttons, over a white shirt and brown and beige striped T-shirt.

The singer and producer usually draws a galaxy of music, film and sports stars to his Paris shows, the locations often as glamorous as his guest list.

This time Williams is putting his Vuitton bags down in front of the Pompidou Center modern art museum just before the architectural icon closes for a major overhaul.

US basketball legend LeBron James and French San Antonio Spurs star Victor "Wemby" Wembanyama are likely to be there as ambassadors for the brand, as well as Olympic swimming sensation Leon Marchand.

The invitation sent to guests, a set of dice in a leather keyring case, hints that the designer may be taking something of a gamble.

Saint Laurent back

Saint Laurent also returns to the fashion week fold Tuesday after a two-and-a-half-year absence from the Paris men's shows.

Heads have been rolling across much of the luxury industry as bumper profits have plunged.

Saint Laurent's parent group Kering is no exception, with a drop in sales last year wiping 28 percent off its share price since the turn of the year.

But shares shot back up 12 percent last week after former Renault boss Luca de Meo was named as Kering's new chief executive.

Fashion buyer Alice Feillard of Galeries Lafayette, Europe's biggest department store chain, said the return of Saint Laurent creative director Anthony Vaccarello to the men's fashion week was "rather a good thing", and would help reinforce the label's men's line.

Vaccarello teased his summer 2026 collection with a picture of a bronzed young Adonis stretched out on a bed on a beach.

The packed six days of Paris shows are in stark contrast to London -- which cancelled its men's shows completely -- and the rather thinned-out line-up in Milan last week.

Anderson's Dior debut

Instead the French capital will see a "rather dense program with big headliners including Jonathan Anderson", who will be making his highly anticipated debut at Dior, said Adrien Communier of French GQ magazine.

The Northern Irish designer is the first to oversee both the men's, women's and haute couture lines at the fabled French house since its founder Christian Dior.

In all, some 70 brands will unveil their latest looks across 40 runway shows and 30 presentations that end late Sunday with the French label Jacquemus.

Anderson, the son of former Irish rugby captain Willie Anderson, who had previously turned around the rather fusty Spanish house Loewe, was named as the head of Dior's women's collection earlier this month, replacing the Italian Maria Grazia Chiuri.

Belgian Julian Klausner, 33, who took over at Dries Van Noten in December, will also show his first men's collection for the label on Wednesday.

Communier predicted the trend for stripes "which we saw a lot in Milan is going to continue".

But with men's fashion becoming a "little bit dull" in recent years, he said we "really need to be surprised".



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.