Phan Huy: The Fashion Prodigy Putting Vietnam on the Map

Claire Foy, Penelope Cruz, Dua Lipa, Kim Go-eun, Tilda Swinton, Anna Wintour, Nicole Kidman, Arthur Jafa, and Guillaume Diop attend the Chanel Haute Couture Spring/Summer 2026 collection show in Paris, France, January 27, 2026. REUTERS/Gonzalo Fuentes
Claire Foy, Penelope Cruz, Dua Lipa, Kim Go-eun, Tilda Swinton, Anna Wintour, Nicole Kidman, Arthur Jafa, and Guillaume Diop attend the Chanel Haute Couture Spring/Summer 2026 collection show in Paris, France, January 27, 2026. REUTERS/Gonzalo Fuentes
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Phan Huy: The Fashion Prodigy Putting Vietnam on the Map

Claire Foy, Penelope Cruz, Dua Lipa, Kim Go-eun, Tilda Swinton, Anna Wintour, Nicole Kidman, Arthur Jafa, and Guillaume Diop attend the Chanel Haute Couture Spring/Summer 2026 collection show in Paris, France, January 27, 2026. REUTERS/Gonzalo Fuentes
Claire Foy, Penelope Cruz, Dua Lipa, Kim Go-eun, Tilda Swinton, Anna Wintour, Nicole Kidman, Arthur Jafa, and Guillaume Diop attend the Chanel Haute Couture Spring/Summer 2026 collection show in Paris, France, January 27, 2026. REUTERS/Gonzalo Fuentes

Phan Huy has had a thrilling -- but quite stressful -- journey to making history at Paris Haute Couture Week on Thursday where he will become the youngest and the first Vietnamese designer to present a collection on the official calendar.

The early part of his week was spent anxiously waiting for his designs to arrive in France from Vietnam after they were held up in customs.

"I was very nervous," the soft-spoken 27-year-old told AFP on Tuesday just hours after his elaborate hand-made dresses were finally released, meaning he could begin fitting the models.

"We had a paperwork issue," his co-founder and brand chief executive Steven Doan, 40, explained.

The delays have complicated an already daunting task for the duo who have been catapulted into Paris Haute Couture Week and the fashion stratosphere, which some designers spend a lifetime hoping to enter.

They created the label less than three years ago, but have been fast-tracked into a field that includes corporate giants like Chanel, Dior or Armani, which have billions in annual sales.

Phan and Doan have more limited resources and prepared to unveil their designs on Thursday at 1230 GMT in a cramped basement apartment in western Paris.

"The first collection completely sold out and from that we reinvested," Doan explained. "We were very lucky that we've received a lot of orders from customers around the world, not just in Vietnam."

- 'A dream' -

The origins of the brand go back to Phan's final collection at the Ho Chi Minh City University which became a viral sensation, drawing attention from local celebrities including singers My Tam and Ho Ngoc Ha.

"It was a dream because I was a young student," said Phan, who only turned 27 this week.

Doan, a former model and a stylist in London, also reached out from his then-home in the British capital to suggest they work together.

"I was really struck by Huy's talent. In Vietnam there's a level of designing that is very similar and then when you see a different collection, it really stands out," Doan said.

While he grew up in the coastal city of Nha Trang, Phan hails from a village in the central Quang Tri province.

Phan credits his first interest in fabrics to his parents' curtain shop, where material was always abundant.

He would transform some of it into doll dresses.

"I was into fashion and clothing when I was six years old. I was always very picky with my own outfits," he explained.

- 'Fashion as well' -

The invitation to Paris Haute Couture Week came from France's FHCM fashion federation, which is the guardian of the country's highly protected Fashion Weeks and a key tastemaker.

Alongside the permanent French couture houses, the federation invites guest designers from around the world who have both the skill and commitment to handmade craft that form the basis of the business.

Phan Huy will take his place alongside other designers such as Rami Al Ali from Syria, Imane Ayissi from Cameroon and Hong Kong-born Robert Wun who have brought diversity and freshness to the program.

"I'm very happy and very proud because I can represent and bring the culture and creativity of Vietnam to the world," Phan said.

Doan stressed that their home country is known as a global manufacturing hub that produces mass-market clothes for Western brands.

"We want to prove that we can do fashion as well," he said.

The last Phan Huy collection, which was shown off-calendar in Paris last July, included references to everyday rural Vietnamese life from fans, fishing nets, straw bundles to banana leaves.

This upcoming Spring/Summer 2026 season has been inspired by Vietnam's former ruling Nguyen dynasty, notably Emperor Khai Dinh and the last empress consort, Nam Phuong, who both lived under colonial French rule.

"I want to be inspired by people like Empress consort Nam Phuong, King Khai Dinh, with their fashion style and the interaction between the West and the East," explained Phan.



Lululemon Slides as Bleak Forecasts Deepen Turnaround Worries

FILE PHOTO: A logo is displayed inside a Lululemon outlet retail store at Bicester Village in Oxfordshire, Britain, August 21, 2024. REUTERS/Hollie Adams/File Photo
FILE PHOTO: A logo is displayed inside a Lululemon outlet retail store at Bicester Village in Oxfordshire, Britain, August 21, 2024. REUTERS/Hollie Adams/File Photo
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Lululemon Slides as Bleak Forecasts Deepen Turnaround Worries

FILE PHOTO: A logo is displayed inside a Lululemon outlet retail store at Bicester Village in Oxfordshire, Britain, August 21, 2024. REUTERS/Hollie Adams/File Photo
FILE PHOTO: A logo is displayed inside a Lululemon outlet retail store at Bicester Village in Oxfordshire, Britain, August 21, 2024. REUTERS/Hollie Adams/File Photo

Lululemon Athletica shares dropped 12% in ‌premarket trade on Friday after bleak quarterly and annual profit outlooks deepened concerns over the yoga apparel maker's turnaround amid slowing US demand, competition and tariff costs.

The stock is on track to lose more than $1.7 billion from its market value of $14.44 billion if losses hold.

The weak forecasts intensified pressure on the stock, which has lost nearly 63% of its value in the last 12 months, as investors question how quickly Lululemon can revive product momentum in its ‌key US market, ‌while competing with newcomers like Alo Yoga ‌and ⁠Vuori.

"Lulu has just ⁠entered the 'trap' phase, where fundamentals are deteriorating as competition in all categories remains stiff and pricing power is fleeting for its core franchises," Barclays analysts said.

Lululemon, known for its pricey leggings and athleisure wear, has joined peers in feeling the pinch from muted spending on higher-margin products. Waning brand ⁠appeal in North America, design missteps and a ‌lack of fresh styles ‌have also added to the pressure amid a leadership transition.

Investors are ‌watching whether incoming CEO Heidi O'Neill, a former executive ‌at struggling Nike, can revive sales after she takes over in September, a task eased by the May resolution of a months-long proxy fight with founder Chip Wilson that had weighed on ‌the stock.

"A full strategic reset under the new CEO is required," Jefferies analysts said.

NEGATIVE BRAND ⁠BUZZ ADDS ⁠WORRIES

Meghan Frank, interim co-CEO and chief financial officer, said its yoga campaign rolled out to win back shoppers "hasn't had the expected halo effect on other areas of our assortment" and cited "negative commentary" as a headwind.

The spike in negative brand sentiment across media and social channels was evident in key markets, Barclays said, including the United States and China, and was primarily related to recent concerns about material composition and product safety.

The company's forward price-to-earnings multiple is 10.06, compared with 22.85 for Nike and 15.10 for Adidas , according to LSEG data.


Designer Gabriela Hearst Still Believes in 'Brilliance of Humanity' Despite AI

Uruguayan-US fashion designer Gabriela Hearst gestures during an interview after presenting the official suits for Uruguay's national football team ahead of the 2026 FIFA World Cup at the Centenario Stadium in Montevideo, on June 2, 2026. (Photo by Eitan ABRAMOVICH / AFP)
Uruguayan-US fashion designer Gabriela Hearst gestures during an interview after presenting the official suits for Uruguay's national football team ahead of the 2026 FIFA World Cup at the Centenario Stadium in Montevideo, on June 2, 2026. (Photo by Eitan ABRAMOVICH / AFP)
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Designer Gabriela Hearst Still Believes in 'Brilliance of Humanity' Despite AI

Uruguayan-US fashion designer Gabriela Hearst gestures during an interview after presenting the official suits for Uruguay's national football team ahead of the 2026 FIFA World Cup at the Centenario Stadium in Montevideo, on June 2, 2026. (Photo by Eitan ABRAMOVICH / AFP)
Uruguayan-US fashion designer Gabriela Hearst gestures during an interview after presenting the official suits for Uruguay's national football team ahead of the 2026 FIFA World Cup at the Centenario Stadium in Montevideo, on June 2, 2026. (Photo by Eitan ABRAMOVICH / AFP)

The "brilliance of humanity" will matter more, not less, in an AI world, Uruguayan designer Gabriela Hearst told AFP in an interview.

Natural materials and handmade craftsmanship are the hallmarks of Hearst's luxury brand, whose commitment to environmentally friendly fashion has secured her status as a sustainable style icon.

With celebrities including Kate Middleton, Julia Roberts and former US first lady Jill Biden wearing her personal brand, Hearst was also the first Latin American woman to lead the French fashion house Chloe from 2020 to 2023.

In a world threatened by climate crisis and the emergence of artificial intelligence, "there will be a genuine need for handmade creation," Hearst told AFP during a recent trip to Montevideo to present World Cup uniforms to the Uruguayan team.

"The human part, the part of our brain that is unique to us, the part that represents the brilliance of humanity, is going to matter more and more," she said.

The designer on the cusp of 50 prizes quality over quantity, and obstinately opposes fast fashion fads.

"There are so many clothes in the world," she said. "There's always a way to have a small amount, but of good quality."

Now based in New York, Hearst said she owes her intimate knowledge of quality, sustainability and "true beauty" to her native Uruguay.

"When I was little, I wanted to go travel, to see the world," she said.

"After traveling," she continued, "I was able to appreciate what it means to grow up with those star-filled skies, the nature, eating food from the land, the quality, the natural luxury that surrounded me."

"Clothes were passed down" in Hearst's community, she said, recalling picking through her mother's wardrobe filled with garments made by the family seamstress.

In her native country of 3.4 million people, hundreds of weavers work for Manos del Uruguay, a network of cooperatives that produces handcrafted garments for Hearst's brand.

The finished products end up on runways, Vogue magazine covers and even on-screen in "Sex and the City" movie sequel, where a multi-colored blanket designed by Hearst appears draped over Sarah Jessica Parker's legs.

"It's incredible that our craftsmanship reaches so far," said 60-year-old weaver Mabel Bargas, who works in one of the Manos del Uruguay workshops.

Hearst wants to leave a legacy of positive social impact by creating jobs and doing her bit for the environment.

"We can't afford to lose our human connection," she said, adding that people with privilege "have a responsibility to help others."


France Hits Shein with 22 Mn Euros in New Fines Over Consumer Violations

FILE PHOTO: Clothes from fast-fashion brand Shein hang at their office in Sao Paulo, Brazil, December 15, 2025. REUTERS/Jorge Silva/File Photo
FILE PHOTO: Clothes from fast-fashion brand Shein hang at their office in Sao Paulo, Brazil, December 15, 2025. REUTERS/Jorge Silva/File Photo
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France Hits Shein with 22 Mn Euros in New Fines Over Consumer Violations

FILE PHOTO: Clothes from fast-fashion brand Shein hang at their office in Sao Paulo, Brazil, December 15, 2025. REUTERS/Jorge Silva/File Photo
FILE PHOTO: Clothes from fast-fashion brand Shein hang at their office in Sao Paulo, Brazil, December 15, 2025. REUTERS/Jorge Silva/File Photo

French authorities said Wednesday that they had imposed two fines on Shein totaling more than 22 million euros ($25.5 million), citing problems with product traceability, environmental labelling and delivery times.

The new penalties bring the total fines imposed by France against the Asian fashion giant to more than 210 million euros, AFP reported.

The latest fines were imposed by the government's consumer protection agency DGCCRF following a wide-ranging investigation targeting several e-commerce platforms, primarily based outside Europe, including Shein.

The first fine of 5.77 million euros targets Infinite Style Ecommerce Co Ltd (ISEL), which handles sales for Shein.

The DGCCRF accuses Shein of failing to comply with a 14-day period required for consumers to be able to reconsider certain purchases.

The watchdog also accuses the company of omitting mandatory traceability information, such as the countries where its clothing is woven, dyed and manufactured, and of failing to disclose the presence of microplastics in its fabrics.

Microplastics, primarily found in polyester, are released into the water with every machine wash, posing a serious environmental threat.

In addition, the agency imposed a fine of 16.73 million euros on Shein's subsidiary ISSL (Infinite Styles Services Limited), accusing it of violations of consumer law.

Shein has been under fire since it established operations in France.

It is widely criticized by campaign groups and politicians for generating environmental pollution, practicing unfair competition, selling goods that fail to comply with basic regulations and imposing poor working conditions in its Chinese factories.