Valentino Mixes 80s and Baroque Splendor on Rome Return

Models present creations from Valentino's Fall/Winter 2026/2027 collection at Palazzo Barberini, in Rome, Italy, March 12, 2026. REUTERS/Yara Nardi
Models present creations from Valentino's Fall/Winter 2026/2027 collection at Palazzo Barberini, in Rome, Italy, March 12, 2026. REUTERS/Yara Nardi
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Valentino Mixes 80s and Baroque Splendor on Rome Return

Models present creations from Valentino's Fall/Winter 2026/2027 collection at Palazzo Barberini, in Rome, Italy, March 12, 2026. REUTERS/Yara Nardi
Models present creations from Valentino's Fall/Winter 2026/2027 collection at Palazzo Barberini, in Rome, Italy, March 12, 2026. REUTERS/Yara Nardi

Italian fashion house Valentino returned to its roots Thursday with a 1980s-inspired catwalk show in one of Rome's most spectacular venues, two months after the death of founder Valentino Garavani.

Around 700 people including Hollywood star Gwyneth Paltrow were invited to the show held in the galleries of the Palazzo Barberini, a Baroque palace now home to masterpieces by Caravaggio, Raphael and many others.

Valentino, known for dressing some of the world's most glamorous women, normally shows in Paris, despite having been established in the Italian capital in 1960.

But creative director Alessandro Michele chose to return to the Eternal City for his fall/winter 2026-27 collection, the first for ready-to-wear since the founder's death aged 93 on January 19.

Under Pietro da Cortona's spectacular ceiling fresco, "The Triumph of Divine Providence", male and female models walked out onto fake grass in outfits heavily inspired by the 1980s.

There were strong shoulders, cinched waists and mini-skirts, accessorised with glittering oversized jewellery, including giant pearls and chunky pendants.

Michele, who took over in 2024, said that during the late 1980s and 1990s "Valentino was still working like crazy and making, from his hands, beauty".

It was a time of "positivity" and "empowerment", when women in particular were becoming more in control of their bodies, he told reporters backstage.

Working with pleats and draping the fabrics around their bodies, Valentino "was building the idea of a goddess... putting women in the centre of the world".

The final dress of Michele's collection Thursday, a longsleeved gown with a deep cut at the back, was a showstopper in the house's signature red.
"Red is very difficult to manage," Michele admitted, but said it was crucial to the brand.

- Perfect world -

The models reached the galleries via Francesco Borromini's helical staircase, one of two in the palazzo, the other a square design by Gian Lorenzo Bernini.

Commissioned at the same time, they reflect the palazzo's ability to have "divergent forces cohabit without neutralizing one another", Michele said in the show notes.

Along the same vein, the collection -- entitled "Interferenze" (interferences) -- demonstrated contrasts between "code and deviation, lightness and gravity", he wrote.

Valentino, who dressed A-listers from Jackie Kennedy and Elizabeth Taylor to Princess Diana and Julia Roberts, became synonymous with glamour and beauty.

Speaking to reporters, Michele said the designer made things that were "perfect", but "we no longer live in that perfect world".

"I do it my way, because I am the interference myself," he said.

- Very important clients –

The invite-only, black-tie show was a lavish affair, with many guests invited to a dinner afterwards, and brought to the venues in official cars.

It was broadcast live on Valentino's social media channels and on big screens around Rome, Milan and Naples -- but it was those inside the room who the house wanted to wow.

Of the estimated 700 guests invited, 200 were journalists and VIPs, with the rest VIC -- very important clients, according to a Valentino insider.

Like other fashion houses, Valentino has been buffeted by the myriad of challenges facing the wider luxury industry, from slowing demand to inflation and geopolitical uncertainty.

Michele helped transform Gucci during his seven years there, and Valentino is hoping he will do the same for them.

The label is 70 percent owned by Qatar investment fund Mayhoola, while French luxury group Kering has a 30 percent stake.



H&M's Q1 Profit Grows More Than Expected, Sees March Sales Up 1%

FILE PHOTO: A Swedish flag hangs outside a business on a street of the old city of Stockholm, Sweden, February 24, 2024. REUTERS/Tom Little/File Photo
FILE PHOTO: A Swedish flag hangs outside a business on a street of the old city of Stockholm, Sweden, February 24, 2024. REUTERS/Tom Little/File Photo
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H&M's Q1 Profit Grows More Than Expected, Sees March Sales Up 1%

FILE PHOTO: A Swedish flag hangs outside a business on a street of the old city of Stockholm, Sweden, February 24, 2024. REUTERS/Tom Little/File Photo
FILE PHOTO: A Swedish flag hangs outside a business on a street of the old city of Stockholm, Sweden, February 24, 2024. REUTERS/Tom Little/File Photo

Swedish fashion retailer H&M reported on Thursday a slightly bigger rise than expected in December-February operating profit, and predicted March sales would be up 1% in local currencies.

"Towards the end of the quarter our well-received spring collections contributed to a positive sales trend, which also continued into March," CEO Daniel Erver said in a statement.

Operating profit in H&M's fiscal first quarter, ⁠which includes the key ⁠Christmas shopping period, rose for a third consecutive quarter to 1.51 billion crowns ($162 million) from a year-earlier 1.20 billion and a mean forecast in an LSEG poll of analysts of 1.39 billion, on an organic sales decrease of 1%.

The rival ⁠to Inditex in January flagged that local-currency sales in the first two months of the quarter were down 2%.

According to Reuters, H&M said it is closely monitoring developments in the Middle East and the implications for global trade.

"With good flexibility in the supply chain and a low proportion of air freight, there are opportunities to adapt the flow of goods to changed conditions," it said. "Middle Eastern markets account for a ⁠small portion ⁠of the company’s total sales and the markets are operated through franchise partners."

On February 28, the United States and Israel launched coordinated strikes against Iran. Iran has in response launched strikes against Israel, US bases and Gulf states.

It has attacked vessels and infrastructure throughout the Gulf region and effectively closed the Strait of Hormuz, hitting global supply chains and causing soaring energy costs, raising concern over war-driven inflation and potential impact on consumer demand.


Next Says UK Sales Have Held Up Since Iran War Started

Women tour a popular outdoor shopping mall in Beijing, China, Sunday, March 8, 2026. (AP Photo/Andy Wong)
Women tour a popular outdoor shopping mall in Beijing, China, Sunday, March 8, 2026. (AP Photo/Andy Wong)
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Next Says UK Sales Have Held Up Since Iran War Started

Women tour a popular outdoor shopping mall in Beijing, China, Sunday, March 8, 2026. (AP Photo/Andy Wong)
Women tour a popular outdoor shopping mall in Beijing, China, Sunday, March 8, 2026. (AP Photo/Andy Wong)

British clothing retailer Next has not seen a noticeable drop off in UK sales since the US-Israeli war on Iran started at the end of February, its boss said on Thursday.

"Eight weeks, ⁠including the war ⁠weeks, have been good in the UK," CEO Simon Wolfson told Reuters after Next published full-year ⁠results.

He said sales in the Middle East, which account for about 6% of the group's annual turnover, fell "dramatically" in the first few days of the war and demand remains "suppressed.”

Wolfson said if ⁠Next ⁠did have to raise prices around June or July to make up for higher costs caused by the war, the increases would only be 1% to 2%.


Primark to Open First Dubai Store

A woman speaks on her mobile phone as she browses a shop for new clothes ahead of the start of the Eid al-Fitr festival in Dubai on March 16, 2026. (Photo by AFP)
A woman speaks on her mobile phone as she browses a shop for new clothes ahead of the start of the Eid al-Fitr festival in Dubai on March 16, 2026. (Photo by AFP)
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Primark to Open First Dubai Store

A woman speaks on her mobile phone as she browses a shop for new clothes ahead of the start of the Eid al-Fitr festival in Dubai on March 16, 2026. (Photo by AFP)
A woman speaks on her mobile phone as she browses a shop for new clothes ahead of the start of the Eid al-Fitr festival in Dubai on March 16, 2026. (Photo by AFP)

Budget fashion retailer Primark has confirmed it will press ahead with opening its first Dubai store on Thursday despite the ongoing US-Israeli war with Iran, during which the emirate has been hit by Iranian missiles and drones.

Primark, owned by London-listed Associated British Foods, and its ⁠franchise partner Alshaya ⁠Group will open the store in Dubai Mall.

Primark and Alshaya plan to open two more stores in Dubai - at City Centre ⁠Mirdif in April and Mall of the Emirates in May.

Dubai's malls have seen a sharp fall in visitors since the Iran war began, reflecting a collapse in tourism.

Primark and Alshaya plan to open stores in Bahrain and Qatar by ⁠the ⁠end of the year.

Primark entered the Middle East with a store in Kuwait in October last year.

As of the end of January, Primark traded from about 475 stores in 18 countries across the UK, Europe, the Middle East and the US.