Women Designers 'Not Getting the Breaks' Despite Global Fashion Shake-up

FILED - 28 March 2014, Switzerland, Basel: A view of the Italian fashion brand Gucci at the Baselworld international watch and jewelry fair in Basel. Photo: Patrick Seeger/dpa
FILED - 28 March 2014, Switzerland, Basel: A view of the Italian fashion brand Gucci at the Baselworld international watch and jewelry fair in Basel. Photo: Patrick Seeger/dpa
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Women Designers 'Not Getting the Breaks' Despite Global Fashion Shake-up

FILED - 28 March 2014, Switzerland, Basel: A view of the Italian fashion brand Gucci at the Baselworld international watch and jewelry fair in Basel. Photo: Patrick Seeger/dpa
FILED - 28 March 2014, Switzerland, Basel: A view of the Italian fashion brand Gucci at the Baselworld international watch and jewelry fair in Basel. Photo: Patrick Seeger/dpa

In fashion at the moment, as seen on catwalks: frills, corsets, big shoulder pads, and "naked dresses". Out of fashion: employing women as chief designers.

In the most recent Spring-Summer 2026 womenswear Fashion Weeks in Paris and Milan, the effects of a huge reshuffle at the top of the European luxury clothing industry were plain to see.

From Chanel, Dior, Celine, Balenciaga, Loewe to Jean Paul Gaultier, around 10 leading labels unveiled debut collections from new artistic directors.

In Milan, heavyhitters Gucci, Versace and Bottega Veneta spotlighted freshly appointed designers too.

On only one occasion, the new face taking the bow and applause at the end was a woman -- Britain's Louise Trotter at Bottega Veneta -- while Matthieu Blazy at Chanel and Jonathan Anderson at Dior both replaced high-profile female predecessors.

"It seemed that there was a bit of an opening (for women) just before Covid," Karen Van Godtsenhoven, a fashion academic at the University of Ghent in Belgium and guest curator for the 2023 exhibition "Women Dressing Women" at New York's Metropolitan Museum of Art.

"But I think Covid played a role in society at large in bringing back more conservative and reactionary ways of thinking. For the fashion industry it has meant going back to the old certainties of the male solo designer," she added.

Dana Thomas, an American fashion writer and author of "Deluxe: How Luxury Lost its Luster", puts the retreat down to the fact that the highly concentrated industry is dominated by conservative elderly male owners at LVMH, Kering and Chanel.

"I think that Chanel missed a really big opportunity in not hiring a woman to run a house that was founded by the most famous woman and influential person in fashion," she told AFP, referring to Gabrielle "Coco" Chanel.

She lists other labels created by illustrious 20th-century female designers -- Lanvin, Nina Ricci, Schiaparelli or Celine.

"They all have men as creative directors now," she said.

Recently appointed Sarah Burton at LVMH-owned Givenchy and Maria Grazia Chiuri at Fendi, named this week, are the only exceptions in the new boys club running major labels.

Family-owned Hermes, which has had two women in charge of its lines for more than a decade, announced on Friday that its menswear designer Veronique Nichanian was stepping down after 37 years.

The reasons for the male domination at the top of the industry are multiple.

"There is a glass ceiling for women in most industries, so in that sense luxury fashion is no exception, but it has its own specificities," explained Frederic Godart, a professor at French business school INSEAD and author of "Unveiling Fashion".

He cites the "historically male dominated" leadership of the industry, as well as its punishing work culture and pay inequalities that make it more difficult for women to rise to the top.

He called the absence of women in the latest mega-round of job changes "quite glaring" given that the industry "has collectively and in many instances claimed it cares about diversity."

The third reason he cites is the myth of the "male genius designer" which continues to influence decision makers.

The two most recent women designers at Chanel (Virginie Viard) and Dior (Maria Grazia Chiuri) were both widely seen in the industry as transitional or continuity figures, Van Godtsenhoven said.

She believes women are still consigned to roles of "craft" -- they are overwhelmingly present at all levels of the production process -- while men are seen as the "fashion" visionaries.

"I just think it's a cliche that remains in the heads of people. And I think it's very damaging, both to men and women in the industry," she explained.

As fashion schools continue to churn out a majority of women designers, there is no lack of female talent in the industry either.

In management positions, they are well represented, with Chanel, Gucci and Dior run by women (Leena Nair, Francesca Bellettini, and Delphine Arnault respectively).

Figures from luxury giant Kering show that women hold 58 percent of its management positions and are half of its executive board.

LVMH did not respond when contacted for comment.

Given the difficulties of rising to the top, experts say talented female designers like Iris van Herpen, Molly Goddard or Simone Rocha are instead taking the route of other women designers like Donna Karen -- starting their own labels.

"There's a whole generation of women who are really, really good, and they're just not getting the breaks," said Thomas.



Fashion Commission Launches 1st Executive Master’s Program in Riyadh

Fashion Commission Launches 1st Executive Master’s Program in Riyadh
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Fashion Commission Launches 1st Executive Master’s Program in Riyadh

Fashion Commission Launches 1st Executive Master’s Program in Riyadh

The Fashion Commission announced the launch of the first Executive Master’s program to be delivered in Riyadh, developed in collaboration with the world-renowned Institut Français de la Mode (IFM).

The new program marks a significant leap in advancing fashion education and executive training within the Kingdom, according to SPA.

The Executive Master’s in Strategic Management of Fashion & Luxury represents a new milestone in fashion education, taking place in Riyadh for the first time. It is a 15-month hybrid executive master’s degree track designed for high-potential professionals seeking advanced executive training while continuing their careers. Delivered through a blend of in-person modules in Riyadh and Paris, alongside supervised online learning, the program equips participants with strategic, managerial, and analytical expertise tailored to the rapidly evolving fashion and luxury sector.

Designed with market needs in mind, the executive master’s curriculum covers creation and design, brand strategies, sustainability, new consumer behaviors, retail innovation, fashion media, collection management, and future industry perspectives. Participants will also complete a thesis that contributes new knowledge to the regional and global fashion landscape.

The program is taught by IFM’s internationally recognized faculty, experts in fashion history, sustainability, consumer behavior, design, and luxury management, alongside industry leaders from major global houses, fashion federations, media groups, and innovation-driven organizations.

This landmark program builds on the Fashion Commission’s ongoing partnership with IFM since June 2022. Within the first year, the collaboration introduced high-level educational initiatives, including the Advanced Management Program for Luxury Fashion and the Executive Master’s in Luxury Fashion, designed to elevate local talent and strengthen the Kingdom’s creative workforce.

These programs have contributed to developing the skills and knowledge required to support a world-class fashion ecosystem.

The launch of the Executive Master’s marks a pivotal step in establishing Riyadh as an education hub for the fashion and luxury sectors. By bringing a master’s qualification of this caliber directly to the Kingdom, the Fashion Commission reinforces its commitment to enabling professional growth, supporting innovation, and creating globally competitive talent pipelines.


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.