Showmanship Returns at Chanel as Designer Blazy Debuts Under a Sky of Planets

Model Awar Odhiang presents a creation by designer Matthieu Blazy as part of his Spring/Summer 2026 Women's ready-to-wear collection show for the fashion house Chanel during Paris Fashion Week in Paris, France, October 6, 2025. REUTERS/Benoit Tessier
Model Awar Odhiang presents a creation by designer Matthieu Blazy as part of his Spring/Summer 2026 Women's ready-to-wear collection show for the fashion house Chanel during Paris Fashion Week in Paris, France, October 6, 2025. REUTERS/Benoit Tessier
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Showmanship Returns at Chanel as Designer Blazy Debuts Under a Sky of Planets

Model Awar Odhiang presents a creation by designer Matthieu Blazy as part of his Spring/Summer 2026 Women's ready-to-wear collection show for the fashion house Chanel during Paris Fashion Week in Paris, France, October 6, 2025. REUTERS/Benoit Tessier
Model Awar Odhiang presents a creation by designer Matthieu Blazy as part of his Spring/Summer 2026 Women's ready-to-wear collection show for the fashion house Chanel during Paris Fashion Week in Paris, France, October 6, 2025. REUTERS/Benoit Tessier

Showmanship returned to Chanel on Monday.

At Paris Fashion Week, its new designer Matthieu Blazy opened the season’s most anticipated debut beneath colossal celestial bodies — Saturn with its rings, a full solar system suspended above a jet-black and a mirror-bright runway — staking a claim for theater from the first second.

Reflections mirrored the cosmos beneath the runway, while a front row constellation — Nicole Kidman, Marion Cotillard, Tilda Swinton, joined by Lauren Sanchez and Jeff Bezos — gazed upward.

By night’s end, the room rose in a standing ovation. As Vogue's doyenne Anna Wintour has said, “fashion needs its showmen.”

Chanel had one again.

Heritage house Founded in 1910, Chanel reshaped women’s wardrobes by replacing corseted silhouettes with ease — jersey, trousers — and later codified a global idea of Parisian chic through the little black dress, pearls and the tweed suit. Under Karl Lagerfeld in the 1980s, it became the model for how a heritage house can be both historic and relentlessly modern, its runway spectacles influencing the industry far beyond Paris. That legacy made Blazy’s debut more than a change of designer, but a test of how a century-old, multi-billion dollar institution continues to speak to the world.

The show capped a season dense with debuts: Pierpaolo Piccioli at Balenciaga, Louise Trotter at Bottega Veneta, Jack McCollough and Lazaro Hernandez at Loewe and Dario Vitale at Versace.

Yet Chanel’s moment felt singular for stakes and scale. By dialing down glitter, dialing up line, restoring theater and keeping the codes legible, Blazy positioned Chanel not as a museum of symbols but as a platform for them.

Opening statement of androgyny The opener functioned as a manifesto: an androgynous, slouchy pantsuit featuring low-slung trousers and an asymmetric jacket with structured shoulders. The looks split from the playbook of subdued designer Virginie Viard who parted ways with Chanel last year. They also shifted from late-period Karl Lagerfeld — one step closer to Gabrielle “Coco” Chanel.

The styles were not a reinvention of tweed, but rather menswear rethought through the founder’s origin story, when Coco wore the clothes of her lover the “Boy” Capel.

A hand anchored in a pocket made the point explicit: the freedom Chanel once placed in women’s hands — giving them trousers and pockets on them — restated. The spring 2026 collection, months in the making, read as an imagined conversation between Blazy and Chanel herself: thoughtfulness braided with showmanship.

Codes, humor and the Lagerfeld lens Ribbons — rumored to be a sticking point between designer and atelier — were largely gone. Sparkle was sparse, a calculated risk in markets that prize high shine.

In their place came silhouette-first solutions and masses of feathers, with the camellia held as steady leitmotif. However far the line moved, the codes stayed legible — each look unmistakably Chanel. Tweed arrived interconnected rather than narrowly Parisienne — multicultural in palette and weave, intercontinental if not interplanetary.

Then came the fun wigs — what one critic termed the “funny little hats” — feathered, sly and intentionally light. They channeled Lagerfeld’s provocation about how he revitalized the once-dusty heritage house when he joined the helm in 1983.

“Chanel is an institution, and you have to treat an institution like a (prostitute) — and then you get something out of her," he said.

While Viard’s Chanel was often faulted for sobriety and restraint; Blazy, like Lagerfeld, deals in irony. At Bottega Veneta he staged frogs on heels, bunny-lapel coats and trompe-l’œil leather jeans. Here, plumage, proportion and wigs delivered the wink without tipping into theatrical costume.

Accessories set a new tempo: big hats, metallic bags, tiers of pearls, chunky gold chains and statement earrings — bold on paper, disciplined on the body. Handbags — the other reason Blazy was chosen — spanned crisp chain-strap updates and playful clutches, including a notable ovoid shaped like an egg.

The finale carried the argument in motion: a silky short-sleeve shirt paired with a multicolored feathered skirt with a long train. Color moved across the plumage and the black floor threw back its reflection.

“It was such a surprise. ... It’s exciting to be here for a new era," filmmaker Sofia Coppola told The Associated Press. “There are things you recognize from the house codes, and a fresh new look at it.”



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.