At Vuitton, the Louvre Is a Stage for Stars, Spectacle and Paris Fashion Week’s Moving Masterpiece

A model presents a creation by Louis Vuitton for the Women Ready-to-wear Spring-Summer 2026 collection as part of the Paris Fashion Week, in Paris on September 30, 2025. (AFP)
A model presents a creation by Louis Vuitton for the Women Ready-to-wear Spring-Summer 2026 collection as part of the Paris Fashion Week, in Paris on September 30, 2025. (AFP)
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At Vuitton, the Louvre Is a Stage for Stars, Spectacle and Paris Fashion Week’s Moving Masterpiece

A model presents a creation by Louis Vuitton for the Women Ready-to-wear Spring-Summer 2026 collection as part of the Paris Fashion Week, in Paris on September 30, 2025. (AFP)
A model presents a creation by Louis Vuitton for the Women Ready-to-wear Spring-Summer 2026 collection as part of the Paris Fashion Week, in Paris on September 30, 2025. (AFP)

Screaming fans jammed the gates before the Louvre pyramid, blocking entrances and snarling traffic. They weren’t there for the Mona Lisa. They came for Louis Vuitton and for the front row.

Emma Stone sat with Zendaya, Jennifer Connelly, Jaden Smith, Ana de Armas and Sophie Turner, a casting flex that says as much about Paris Fashion Week today as any silhouette. The runway is no longer the only stage; the front row is the second show, shaping the brand’s message in real time.

And in a season of musical chairs with roughly ten marquee houses unveiling new creative directors this very week one constant held. Nicolas Ghesquière, who has steered Vuitton’s women’s line since 2013, didn’t flinch or chase a trend. He doubled down on his language.

Inside gilded salons, with fall light pouring through 17th-century windows once used by Anne of Austria, Ghesquière staged another jump through time. His Spring–Summer 2026 collection fused past and present, with corseted waists, Juliette sleeves, tubular arms, giant silk turbans. Feathered collars mimicked fur, while baggy, sultan-style trousers added an Eastern beat. A striped, ruffled coat winked like Pierrot as a bejeweled gown flashed back at the murals.

“The collection is a celebration of intimacy and the boundless freedom of the private sphere,” Ghesquière said — “an exploration of archetypes of genre” and the “ultimate luxury of dressing for oneself.” The set, styled as a contemporary apartment inside the Louvre, pushed the idea of private elegance into public spectacle, while Cate Blanchett’s reading of David Byrne lyrics kept the mood reflective.

Ghesquière’s signatures landed with clarity. Time-travel hybrids: Renaissance echoes clipped to modern attitude. Architecture made light: corsetry that moved, tailoring that floated like flou. Travel as code: an apartment inside a museum for a house built on motion. Surface obsession: feathers, crystals and rich, “changent” washes that blur costume and ready-to-wear. In a week of debuts, his hand was unmistakable.

Context sharpened the stakes. Major labels from Chanel and Balenciaga to Loewe, Dior womenswear and Jean Paul Gaultier are rolling out first collections from newly appointed designers this week in Paris, a reset meant to reignite demand as luxury faces softer spending among top clients in China, fresh US tariff headwinds and broader economic jitters.

Amid all these firsts, Ghesquière answered churn with continuity and nerve.

But familiar critiques surfaced. The storytelling dazzles in scenes rather than as one arc: Pierrot styles, Ottoman trousers and silk turbans landed like vivid chapters, not always a single book. And despite talk of intimacy, little felt everyday. With Ghesquière, concept and embellishment often outrun repeatable wardrobe.

On this sunny Paris day, the Louvre wasn’t about one masterpiece on a wall. It was a moving one — Vuitton at full power, arguing that fashion can be both spectacle and a “manifesto of individuality.”



China's HongShan Reportedly Eyes $2.9 Billion Golden Goose Deal by Christmas

People walk in a commercial street at the historical Shichahai district in Beijing, China, December 3, 2025. REUTERS/Sarah Meyssonnier
People walk in a commercial street at the historical Shichahai district in Beijing, China, December 3, 2025. REUTERS/Sarah Meyssonnier
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China's HongShan Reportedly Eyes $2.9 Billion Golden Goose Deal by Christmas

People walk in a commercial street at the historical Shichahai district in Beijing, China, December 3, 2025. REUTERS/Sarah Meyssonnier
People walk in a commercial street at the historical Shichahai district in Beijing, China, December 3, 2025. REUTERS/Sarah Meyssonnier

China's HongShan Capital Group (HSG) has sent a 2.5 billion euro ($2.91 billion) offer to private equity Permira to buy Italian luxury sneaker maker Golden Goose, with the aim of signing the deal by Christmas, daily la Repubblica reported on Friday.

Details still need to be defined but the offer gives the luxury group an enterprise value of 10 times the core profit expected by the end of the year, debt included, the newspaper said.

Golden Goose's revenues totaled 655 million euros in 2024, with an adjusted core profit of 227 million euros.

HSG has asked veteran fashion industry executive Marco Bizzarri to become Golden Goose's future chairman, la Repubblica said, adding that the Chinese private equity aims to expand Golden Goose's directly-managed stores, particularly in Asia, and plans to list the group in the medium-term.

Last year the Venice-based company, which sells sneakers for more than 500 euros a pair, shelved plans for an initial public offering on the Milan Bourse, citing market volatility caused by political uncertainty in Europe.


Debenhams' New Pay Plan Without Vote 'Disgraceful', Says Top Investor Frasers

Debenhams logo is seen on smartphone in front of a displayed Boohoo logo in this illustration taken January 25, 2021. (Reuters)
Debenhams logo is seen on smartphone in front of a displayed Boohoo logo in this illustration taken January 25, 2021. (Reuters)
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Debenhams' New Pay Plan Without Vote 'Disgraceful', Says Top Investor Frasers

Debenhams logo is seen on smartphone in front of a displayed Boohoo logo in this illustration taken January 25, 2021. (Reuters)
Debenhams logo is seen on smartphone in front of a displayed Boohoo logo in this illustration taken January 25, 2021. (Reuters)

A move by struggling British online fashion retailer Debenhams to push ahead with a new executive pay scheme without seeking approval from investors was "utterly disgraceful", the finance chief of rival Frasers said on Thursday.

Frasers is Debenhams' biggest investor with a 29.7% stake.

Last week, Debenhams said that one of the reasons it was not asking for a shareholder vote on the new pay scheme worth up to 222 million pounds ($296 million) was because a "major competitor" investor, which it did not name, had tried to block previous resolutions.

Debenhams has been locked in a long-running tussle with Frasers, majority-owned by British retail tycoon Mike Ashley, which unsuccessfully attempted to block its rebrand and oust its co-founder.

Frasers' chief financial officer Chris Wootton said Debenhams' latest move, which could see CEO Dan Finley earn up to 148 million pounds if Debenhams' share price hits 3 pounds over the next five years, was "typical corporate governance from them, utterly disgraceful".

However, he told Reuters that if Debenhams achieved a share price of 3 pounds "shareholders will be happy."

Debenhams shares were trading at 22.25 pence on Thursday, down 3.3%.


Zara Owner Inditex Reports Strong Start to Winter Sales

FILE PHOTO: A person walks by a Zara store in Plaza de Espana in Madrid, Spain, June 11, 2025. REUTERS/Ana Beltran/File Photo
FILE PHOTO: A person walks by a Zara store in Plaza de Espana in Madrid, Spain, June 11, 2025. REUTERS/Ana Beltran/File Photo
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Zara Owner Inditex Reports Strong Start to Winter Sales

FILE PHOTO: A person walks by a Zara store in Plaza de Espana in Madrid, Spain, June 11, 2025. REUTERS/Ana Beltran/File Photo
FILE PHOTO: A person walks by a Zara store in Plaza de Espana in Madrid, Spain, June 11, 2025. REUTERS/Ana Beltran/File Photo

Zara owner Inditex said sales grew 10.6% in constant currency over the start of its fourth quarter, beating analysts' expectations for the November period that includes the crucial Black Friday sales.

The $178 billion fast fashion giant also reported on Wednesday sales of 9.8 billion euros ($11.41 billion) for its third quarter ending October 31, higher than the 9.69 billion euros expected by analysts according to an LSEG estimate.

The results from Inditex, seen as a bellwether for the global fast fashion sector, provide a first glimpse into how successful the key Black Friday sales weekend was for retailers.

The strong sales growth in the period from November 1 to December 1 compared to a year ago marked an acceleration from the nine-month currency-adjusted growth rate of 6.2%, an encouraging sign for the fourth quarter, its biggest in terms of revenues.