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.



Cartier Owner Richemont Beats Sales Forecasts as China Recovery Continues

The Swiss-based company said sales in its fourth quarter to end-March rose to 5.17 billion euros ($5.80 billion). (AFP)
The Swiss-based company said sales in its fourth quarter to end-March rose to 5.17 billion euros ($5.80 billion). (AFP)
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Cartier Owner Richemont Beats Sales Forecasts as China Recovery Continues

The Swiss-based company said sales in its fourth quarter to end-March rose to 5.17 billion euros ($5.80 billion). (AFP)
The Swiss-based company said sales in its fourth quarter to end-March rose to 5.17 billion euros ($5.80 billion). (AFP)

Cartier owner Richemont reported sales ahead of market expectations on Thursday, buoyed by strong global demand for jewelry and a continued recovery in greater China, its second-biggest market and a bellwether for the luxury sector.

The Swiss company's shares rose 3% on the reading with investors looking for signs the luxury goods industry can return to stable growth in a year already marked by geopolitical turmoil and the bankruptcy of one of the sector's largest retail groups, Saks Global.

The world's second-largest luxury company, which also owns Van Cleef & Arpels and Buccellati, said sales in its September-to-December third quarter rose to 6.4 billion euros ($7.45 billion), a 4% year-on-year increase in reported currencies.

That beats an analyst consensus of 6.28 billion euros cited by Visible Alpha and represents an ‌11% increase when ‌measured in constant currencies, Reuters said.

Richemont's trading update provides the first clues on demand for ‌luxury ⁠goods going into ‌2026. LVMH is due to report its annual results later this month, followed by Hermes and Gucci-owner Kering in February. Smaller Italian cashmere brand Brunello Cucinelli was the first luxury brand to report quarterly sales this week.

Shares of sector peers, including watch company Swatch and Birkin-bag maker Hermes, rose in early trade following Richemont's results announcement.

CHINESE MARKET CONTINUES GROWTH REBOUND

Richemont highlighted continued improvement in China, Hong Kong and Macau, where its sales rose by 2%. China accounts for just under 20% of the company's sales, according to a Bank Vontobel estimate, ranking second behind the United States.

The greater China performance "mostly led by ⁠solid activity in Hong Kong" was the second quarter in a row that Richemont has reported improved sales in the region, following a 7% rise ‌in the previous three months.

China has been luxury's main growth engine in ‍recent years, but has been struggling with a sticky ‍real estate crisis and a shift in consumer appetite that have weighed on demand for Western brands.

Richemont's reported ‍trends from China "may be regarded as a pivotal moment", RBC analyst Piral Dadhania said in a note, adding that its performance is a positive signal for the wider luxury sector.

Demand in China, where most European houses saw their sales decline heavily last year, is seen as a decisive factor for the luxury industry to return to sustained growth.

"The Chinese consumer holds the key to luxury and is thus the critical sector theme for 2026," Berenberg analyst Nick Anderson said in a recent note to clients.

JEWELLERY UP BUT GOLD PRICES, STRONG FRANC PRESSURE MARGINS

Following two ⁠years of stagnation, analysts are beginning to turn more optimistic on the $400 billion luxury industry, with jewelry seen as a critical growth driver since inflation-wary shoppers view it as an investment rather than a mere treat.

Richemont's jewelry sales were up 14% helped by the launch of novelty items such as bracelets and pendants, which tended to be slightly cheaper and were popular during the gifting season.

"Jewelry is in strong shape, and Richemont dominates it with its brands," Bernstein analysts said.

The company's watchmaking business, which includes the IWC and Jaeger-LeCoultre brands, lifted sales by 7%.

Pressures on Richemont's margins due to record-high gold prices and the strong Swiss franc, however, will likely persist and could impact the group's profit outlook for the next business year if not countered by more price increases, analysts from Deutsche Bank said.

A company spokesperson declined to comment on the bankruptcy of Saks Global, the owner of US department stores Saks Fifth Avenue, Bergdorf Goodman and Neiman Marcus.

Richemont ‌is among the retailer's top unsecured creditors. Saks owes about $3.4 billion to creditors, while claims by the top 30 unsecured creditors are worth a total of $712 million, bankruptcy filings show.


Globes Red Carpet: Chic Black, Elegant Dresses and a Bit of Politics

Ariana Grande is a nominee for her turn as Glinda in 'Wicked: For Good'. Frederic J. Brown / AFP
Ariana Grande is a nominee for her turn as Glinda in 'Wicked: For Good'. Frederic J. Brown / AFP
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Globes Red Carpet: Chic Black, Elegant Dresses and a Bit of Politics

Ariana Grande is a nominee for her turn as Glinda in 'Wicked: For Good'. Frederic J. Brown / AFP
Ariana Grande is a nominee for her turn as Glinda in 'Wicked: For Good'. Frederic J. Brown / AFP

Hollywood's top stars hit the red carpet on Sunday for the Golden Globes, the first major event on the road to the Oscars, and they delivered lots of old-school glamour.

Here is a glance at some of the looks seen at the Beverly Hilton Hotel:

Ever-chic black

Selena Gomez is a newlywed and her happiness shows. The best comedy actress nominee for her work on "Only Murders in the Building" radiated joy as she arrived on the arm of her husband Benny Blanco.

She oozed sophistication in a black Chanel column gown with a frothy white feathered strapless neckline, her black bob swept into soft waves.

Gomez was not alone in striking an understated pose, with lots of stars opting for black or dark, wintry hues.

Teyana Taylor, a winner for her searing turn as a leftist revolutionary in hotly-tipped film "One Battle After Another," scorched the carpet in a cut-out backless black Schiaparelli gown with a halter neckline -- and a cheeky crystal bow on her backside.

Ariana Grande ("Wicked: For Good"), who competed with Taylor for the award for best supporting actress, turned heads in a black textured Vivienne Westwood ballgown with an asymmetrical neckline and a bubble silhouette before trailing to the floor.

Her hair was swept into her signature ponytail, and she kept the jewelry simple with a diamond choker.

Amy Madigan, also in their category for her villainous turn in "Weapons," went for a tuxedo look with cropped pants and patent leather boots.

Nominee Jenna Ortega embraced the goth chic of her title character in "Wednesday" in a black high-neck Dilara Findikoglu gown with glittering epaulets and cut-offs that revealed a bit of side boob... and part of her hip bone.

Among the male stars in attendance, Colman Domingo was as usual a standout, wearing head-to-toe black Valentino, with silvery appliques scattered from his left shoulder down his lapel to his waist.

Jennifer Lopez is no stranger to strong fashion statements. Her plunging green Versace gown at the Grammys in 2000 is still a reference for winning the red carpet by adopting the "less is more" rule.

On Sunday, Lopez -- whose turn in "Kiss of the Spider Woman" was overlooked by Globes voters -- wore a figure-hugging sheer gown with bronze patterns snaking over her body, ending in a mermaid fishtail.

Jennifer Lawrence --nominated for best drama actress in a film for "Die My Love" -- got the memo as well, rocking a barely-there sheer nude Givenchy gown with only a smattering of strategically placed flowers.

- Stars slam deadly ICE shooting -

Hollywood never quite has a night out without a bit of politics coming into play.

On Sunday, some of the stars including nominee Mark Ruffalo wore pins with the messages "BE GOOD" -- a reference to Renee Good, the Minneapolis woman who was shot and killed by a federal immigration agent.

Comedian Wanda Sykes wore the same pin on her lapel, while actress Natasha Lyonne, a nominee for her TV show "Poker Face," attached one to her clutch handbag.

The campaign is endorsed by the American Civil Liberties Union (ACLU), one of the country's most prominent civil rights organizations.

 


UK's Next Edges Up Profit Outlook after Christmas Sales Beat Expectations

FILE PHOTO: Shoppers walk past a NEXT retail store on Oxford Street in London, Britain, December 28, 2025. REUTERS/Isabel Infante/File Photo
FILE PHOTO: Shoppers walk past a NEXT retail store on Oxford Street in London, Britain, December 28, 2025. REUTERS/Isabel Infante/File Photo
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UK's Next Edges Up Profit Outlook after Christmas Sales Beat Expectations

FILE PHOTO: Shoppers walk past a NEXT retail store on Oxford Street in London, Britain, December 28, 2025. REUTERS/Isabel Infante/File Photo
FILE PHOTO: Shoppers walk past a NEXT retail store on Oxford Street in London, Britain, December 28, 2025. REUTERS/Isabel Infante/File Photo

British fashion retailer Next on Tuesday reported a better-than-expected 10.6% increase in full-price sales for the nine weeks to December 27 and edged up its annual profit guidance for the fifth time over the last year.

Subdued UK ⁠consumer confidence ahead of Christmas coupled with unseasonably mild weather had left analysts cautious about clothing retailers' festive trading prospects.

However, Next reported a 5.9% increase in UK ⁠sales year-on-year, with international sales up 38.3%.

According to Reuters, the group said it now expected to report a pretax profit of 1.15 billion pounds ($1.56 billion) for its year to January 2026, up from previous guidance of 1.135 billion pounds and the 1.011 billion pounds it made in ⁠2024/25 when it breached the 1 billion pounds mark for the first time.

Next forecast a further 4.5% increase in profit to 1.202 billion pounds for its 2026/27 year, on full-price sales up 4.5%.

Shares in Next have risen 43% over the last year.