Dr Martens Projects Flat 2026 Revenue as It Scales Back Discounts

People walk past a Dr Martens store in Manchester, Britain, May 26, 2023. (Reuters)
People walk past a Dr Martens store in Manchester, Britain, May 26, 2023. (Reuters)
TT

Dr Martens Projects Flat 2026 Revenue as It Scales Back Discounts

People walk past a Dr Martens store in Manchester, Britain, May 26, 2023. (Reuters)
People walk past a Dr Martens store in Manchester, Britain, May 26, 2023. (Reuters)

Dr Martens on Tuesday forecast ​broadly flat revenue for fiscal 2026, after quarterly sales dipped as the British bootmaker pulled back on discounts as part of its plan to return ‌to profit ‌growth.

Dr Martens ‌has ⁠been ​scaling ‌back discounting and expanding into shoes, sandals and bags as it seeks a return to profit growth in the current financial year. However, ⁠tariffs imposed by US President Donald ‌Trump have complicated the ‍bootmaker's targets, adding ‍fresh pressure to costs ‍in its largest market.

Dr Martens, known for its chunky lace-up boots, plans to raise US ​prices from January, and has shifted production to Vietnam ⁠from Laos to blunt the impact of higher US import tariffs.

For the three-month period ended December 28, the company's revenue fell 3.1% to 251 million pounds ($343.42 million), pressured by weaker consumer demand in its European market.



Dior Couture Debut for Anderson Mixes Wonder, Wit, Celebrity-Wattage

Danish model Mona Tougaard presents a creation for Christian Dior during the Women's Haute Couture Spring/Summer 2026 collection fashion show as part of the Paris Haute Couture Fashion Week, in Paris, on January 26, 2026. (AFP)
Danish model Mona Tougaard presents a creation for Christian Dior during the Women's Haute Couture Spring/Summer 2026 collection fashion show as part of the Paris Haute Couture Fashion Week, in Paris, on January 26, 2026. (AFP)
TT

Dior Couture Debut for Anderson Mixes Wonder, Wit, Celebrity-Wattage

Danish model Mona Tougaard presents a creation for Christian Dior during the Women's Haute Couture Spring/Summer 2026 collection fashion show as part of the Paris Haute Couture Fashion Week, in Paris, on January 26, 2026. (AFP)
Danish model Mona Tougaard presents a creation for Christian Dior during the Women's Haute Couture Spring/Summer 2026 collection fashion show as part of the Paris Haute Couture Fashion Week, in Paris, on January 26, 2026. (AFP)

Dior turned the Musée Rodin into a celebrity waiting room — then into a garden.

Guests packed into the museum as the start time for the show drifted.

French first lady Brigitte Macron arrived. Lauren Sánchez Bezos swept in. Parker Posey twirled in her trench-dress.

And then the whole room, celebrities and editors alike, sat and waited for Rihanna.

When the popstar finally took her seat, the lights dropped on a suspended ceiling hung with a garden of flowers.

Gravity did its quiet work: a bloom loosened and fell to the floor.

It was a fitting opening image for Jonathan Anderson’s first Dior haute couture show: beauty under pressure.

Dior’s showman does everything at once Anderson, the Northern Irish designer who revived Loewe with craft and wit, is now doing something Dior has never asked of one person in the modern era: he commands menswear, womenswear and couture at once.

That scale matters.

Dior is one of the main engines of the luxury conglomerate LVMH, and couture is where a house shows its power.

The collection was pitched as “nature in motion,” with technique treated as living knowledge, not museum display. Anderson followed that logic, reworking fragments of the past into something meant to feel new.

From the start, the palette was disciplined — blacks, whites and ecru — then punctured by flashes of color and texture. Lines were clean. Draping softened, then snapped back into structure: archetypal couture.

At its best, Anderson’s couture had the crispness he has already shown in menswear, and previously at Loewe.

A sublime silken Asian-style coat, strict and elegant, was cut through with black lapels that felt archive-meets-modern.

The house’s history appeared not as costume but as distortion.

The show’s oddest and most telling jokes were the pannier gowns: 18th-century volume reimagined as a take on a fanny pack silhouette.

It was classic Anderson: take something precious, tilt it, and make the result feel both witty and exact. Micro became macro — flowers cut from light silks, dense embroideries, chiffon and organza layered like feathers.

He also nodded to a broader Dior lineage without leaning on nostalgia.

Dior cited bunches of cyclamen given to Anderson by its former creative director John Galliano, and the show carried a faint echo of Galliano-style spectacle — filtered through Anderson’s cooler, more controlled hand.

Hydrangea-like blooms appeared as oversized earrings throughout, a decorative flourish, but one that felt like Dior’s house codes pushing him toward embellishment.

For all the ambition, the accomplished show occasionally felt like a set of strong parts still settling into a single, defining line.

Couture raises the stakes. When it works, it doesn’t just impress; it convinces. Anderson’s debut did both — but not always at the same time.

The ceiling garden promised one complete world. At times, the clothes felt like a designer still deciding where that garden begins and ends.


10 Years, 3,000 Creatives: The Uphill Battle for Black Talent in Italian Fashion

Afrofashion Association founder Michelle Ngonmo prepares models in the backstage of the Victor-Hart Fall/Winter 2026-2027 Men's fashion show presented in Milan, Italy, Jan. 18, 2026. (AP)
Afrofashion Association founder Michelle Ngonmo prepares models in the backstage of the Victor-Hart Fall/Winter 2026-2027 Men's fashion show presented in Milan, Italy, Jan. 18, 2026. (AP)
TT

10 Years, 3,000 Creatives: The Uphill Battle for Black Talent in Italian Fashion

Afrofashion Association founder Michelle Ngonmo prepares models in the backstage of the Victor-Hart Fall/Winter 2026-2027 Men's fashion show presented in Milan, Italy, Jan. 18, 2026. (AP)
Afrofashion Association founder Michelle Ngonmo prepares models in the backstage of the Victor-Hart Fall/Winter 2026-2027 Men's fashion show presented in Milan, Italy, Jan. 18, 2026. (AP)

A day before an emerging Ghanaian designer made his Milan runway debut, Michelle Francine Ngonmo was troubleshooting how to squeeze more people into the venue to meet demand. Hours before the show, she was up before dawn with her team setting up backstage and the showroom.

Ngonmo, a 38-year-old Cameroonian-Italian, has dedicated her professional life to helping raise the profile of Africans and other people of color in Italian fashion and other creative fields "because there was, let’s say, a lack of representation of people like me."

Ngonmo, who founded the Afrofashion Association a decade ago, produces runway shows, mentors talent and recognizes trailblazing achievements through the Black Carpet Awards, launched in 2023. Ngonmo also teaches fashion students and travels regularly to Africa to work with designers there.

In its first decade, the Afrofashion Association has worked with 3,000 people of color, including 92 who are working in creative jobs and “on a sustainable professional path," Ngonmo said.

That number is both a sign of the Afrofashion Association’s success, and a measure of how much more work there is to be done.

"Italy is no longer a white Italy, as imagined, but an Italy where there are many colors," Ngonmo said.

The Black Lives Matters movement launched a discussion in Italy about the absence of people of color in Italian fashion’s influential design studios, and designers Stella Jean and Edward Buchanan teamed up with Ngonmo to demand fashion houses replace expressions of solidarity with action.

The fashion industry won't disclose diversity numbers, but the lack seemed evident as several prominent fashion houses were emerging from scandals over racially insensitive designs or campaigns.

For several seasons, the trio mentored creatives of color under the catchphrase: We Are Made in Italy (WAMI). But slowly the spotlight faded, as diversity and inclusion money dried up and the fashion industry was plunged into an economic crisis.

"At the time there was a reaction, indeed a very strong request to have to deal with creatives, especially Blacks in Italy," Ngonmo said. "And then slowly the curtain closed because the attention was no longer on that."

Ngonmo said she now focuses her attention “on those companies, those institutions that have remained with us during these years, and look at the result we have brought.”

That includes the Italian National Fashion Chamber, which backed WAMI and is giving platforms to up and coming Black talents on the Milan Fashion Week calendar. One of them is Ghanaian designer Victor Reginald Bob Abbey-Hart, who heads the brand Victor-Hart and debuted his collection of mostly denim looks earlier this month.

Abbey-Hart, who recently designed a denim collection for Max & Co., has worked with Ngonmo to raise his profile. He has graduated from showing his looks at a Black Carpet Awards ceremony to a presentation during fashion week in September before the runway show.

The designer said his love affair with fashion started when he saw his first Gucci bag back in Ghana.

"I realized I want to go where it was made. So that was the dream," he said, despite many naysayers at home who saw only obstacles. "Coming to Italy really gave me a big door of opportunity to understand what the world really asks for, as a designer."

The Milan fashion chamber’s president, Carlo Capasa, joined top fashion editors in the front row for the packed Victor-Hart show, wearing one of the designer’s statuesque denim coats.

Capasa said projects with the Afrofashion Association have given visibility and behind-the-scenes support to more than 30 designers of color during recent fashion weeks. Ngonmo has also received support from Condé Nast’s Anna Wintour, who has met with Black Carpet Award nominees on the sidelines of Milan fashion weeks.

"There is a lot to do in diversity and inclusion everywhere in the world, for sure also in Italy," Capasa said, adding that Ngonmo’s role has been key in helping institutions "understand what were the needs" in minority communities, from mentoring to education.

Abbey-Hart said that finding opportunities as a Black man in Italy, where he has lived for the last nine years, remains hard.

"Sometimes, before you even get to the room for the interview, you’ve been disqualified already. It’s really tough, and I want people to understand," he said. "Take away the color, take away what I represent, just look at the job."


Haute Couture Week Begins in Paris

Czech model Michaela Tomanova is working with the Julien Fournie workshop in Paris for Haute Couture week. JULIEN DE ROSA / AFP
Czech model Michaela Tomanova is working with the Julien Fournie workshop in Paris for Haute Couture week. JULIEN DE ROSA / AFP
TT

Haute Couture Week Begins in Paris

Czech model Michaela Tomanova is working with the Julien Fournie workshop in Paris for Haute Couture week. JULIEN DE ROSA / AFP
Czech model Michaela Tomanova is working with the Julien Fournie workshop in Paris for Haute Couture week. JULIEN DE ROSA / AFP

Four days of ultra-exclusive Haute Couture fashion shows get underway in Paris on Monday, but how is the calendar constructed and who gets to take part? AFP has the answers.

- A restricted circle -

Only 13 houses hold the official "Haute Couture" accreditation, which is a legally protected term overseen by France's Federation de la Haute Couture et de la Mode (FHCM).

These include luxury heavyweights Dior, Chanel and Givenchy, as well as Jean Paul Gaultier, Maison Margiela, Alexis Mabille and Schiaparelli.

The designation is granted for one year only and must be renewed each season.

Some major French labels are not included, such as Saint Laurent and Hermes.

The former gave up Haute Couture in 2002 when founder Yves Saint Laurent left the house, while the latter plans to launch around 2027.

These houses are joined by seven "corresponding members", which have an activity considered similar to Haute Couture but are not based in France.

They include Italian brands Armani and Valentino, Lebanese designer Elie Saab and Dutch duo Viktor & Rolf.

The FHCM also invites several guest designers to show each season.

Syria's Rami Al Ali, France's Julie de Libran and Swiss designer Kevin Germanier are among the 28 houses showing through Thursday.

There will also be a debut by Phan Huy, who is the youngest designer ever invited to Paris Haute Couture Week by the FHCM -- aged just 26 -- and is the first Vietnamese couturier in the program.

"What is interesting is both the presence of very large houses and young designers from abroad who bring new energy and a new vision," said Pierre Groppo, fashion and lifestyle editor-in-chief of Vanity Fair France.

- Criteria -

Official Haute Couture houses must meet strict criteria to earn the label.

Designs must be original, made to measure and by hand, and created exclusively by the brand's permanent artistic director, in workshops based in France.

The house must also have two separate workshops: a "tailleur" workshop for structured, architectural garments such as jackets, coats and trousers, and a "flou" workshop for soft, fluid pieces such as dresses or blouses.

The FHCM monitoring committee also requires a workforce of at least 20 employees, as well as the presentation of two shows a year in Paris, in January and July.

In theory, houses are meant to present at least 25 looks combining daywear and eveningwear.

There is some flexibility for smaller houses, however.

"If there are only 21 or 22 looks, we're not going to play the police," Pascal Morand, head of the FHCM, told AFP, adding that the rule of two shows per year had also recently been relaxed.

- History -

Haute Couture predates ready-to-wear fashion, which is industrially produced clothing in large quantities.

Designers cater to an extremely exclusive clientele able to purchase pieces for thousands of dollars intended for red carpets, galas, weddings or other public events.

It was born in Paris in the late 19th century, with figures such as Charles Frederick Worth, Jeanne Paquin and Paul Poiret, and has been legally protected and regulated since 1945 by the French industry ministry.

Morand called it a "laboratory" of craftsmanship and creativity that is a "symbol of French identity."

In December, it was added to France's intangible cultural heritage list, the first step towards earning world heritage status which is granted by the UN's UNESCO body.