Blazy’s Chanel Fairy Tale Continues with Whimsical Couture Show

A model presents a creation for Chanel for the Women Haute Couture Fall/Winter 2026-2027 collection as part of the Paris Fashion Week, in Paris, on July 7, 2026. (AFP)
A model presents a creation for Chanel for the Women Haute Couture Fall/Winter 2026-2027 collection as part of the Paris Fashion Week, in Paris, on July 7, 2026. (AFP)
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Blazy’s Chanel Fairy Tale Continues with Whimsical Couture Show

A model presents a creation for Chanel for the Women Haute Couture Fall/Winter 2026-2027 collection as part of the Paris Fashion Week, in Paris, on July 7, 2026. (AFP)
A model presents a creation for Chanel for the Women Haute Couture Fall/Winter 2026-2027 collection as part of the Paris Fashion Week, in Paris, on July 7, 2026. (AFP)

Franco-Belgian designer Matthieu Blazy delved into fairy tales as inspiration for his second Chanel Haute Couture show from "Jack and the Beanstalk" to "Goldilocks".

The 42-year-old has won rave reviews from fashion experts since being appointed in December 2024 to start a fresh chapter in the life of the venerable Parisian fashion house.

"Much like the story of (Chanel founder) Gabrielle Chanel, Matthieu Blazy's tenure at the maison writes itself like a fairy tale," Elle magazine's fashion editor wrote on Tuesday.

His first collections have been snapped up by buyers worldwide, helping the group report a slight rise in sales last year when many of its peers were struggling with lower demand.

For the Autumn/Winter Haute Couture collection, unveiled at the Grand Palais exhibition space in central Paris, Blazy sent out models against a backdrop of colorful flowers, climbing plants and magic mirrors.

The collection featured pieces with direct references to fairy tales: coats made to look as though they were crafted from straw, evoking scarecrows, and almost transparent dresses embroidered with climbing vines.

Other details, such as a handbag shaped like a sleeping teddy bear or a row of buttons showing a duck transform into a swan, hinted at other stories.

"I asked myself whether Gabrielle Chanel's life was a fairy tale. In her library I found the little book 'Les Fées, contes des contes' (which translates as 'Fairies, Tales of Tales' by Charles Perrault) and, together with the Haute Couture ateliers, we explored the idea of clothes that carry stories, like books," the designer said in a statement.

The model who opened the show was carrying a copy of Perrault's book.

Celebrities at the show included Teyana Taylor, Tilda Swinton, Pedro Pascal and Lupita Nyong'o.

-- Armani --

The show was one of the most eagerly anticipated of this haute Couture week, alongside Jonathan Anderson's presentation for Dior.

Anderson scooped his rivals for one of the biggest prizes in the fashion industry this year -- designing Taylor Swift's wedding dress for her ceremony in New York last weekend.

Another highlight on Tuesday will be the Armani show.

Following the death of founder Giorgio Armani in September 2024, his niece, Silvana Armani, took charge of the brand's Haute Couture collections.

In January, she presented her first collection, described as "classic Armani with a touch of originality", featuring fluid satin suits and luxurious evening gowns in a palette of black, white, nude pink and aqua green.

Wednesday's shows by Balenciaga and Jean Paul Gaultier, both of which recently changed creative directors and were absent from the previous season, are also among the most eagerly awaited moments of this edition.

In total, 30 fashion houses will present their Haute Couture collections to Thursday, in a category of fashion reserved for a select group of brands whose creations are intended primarily for gala events and red carpets.



Sources: Shein Aims to IPO on September 1

FILE PHOTO: Packs of clothing are displayed at a garment factory for Shein in Panyu District, Guangzhou, Guangdong province, China, July 27, 2026. REUTERS/Go Nakamura/File Photo
FILE PHOTO: Packs of clothing are displayed at a garment factory for Shein in Panyu District, Guangzhou, Guangdong province, China, July 27, 2026. REUTERS/Go Nakamura/File Photo
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Sources: Shein Aims to IPO on September 1

FILE PHOTO: Packs of clothing are displayed at a garment factory for Shein in Panyu District, Guangzhou, Guangdong province, China, July 27, 2026. REUTERS/Go Nakamura/File Photo
FILE PHOTO: Packs of clothing are displayed at a garment factory for Shein in Panyu District, Guangzhou, Guangdong province, China, July 27, 2026. REUTERS/Go Nakamura/File Photo

Shein aims to launch its Hong Kong initial public offering on Monday, according to a source familiar with the matter, and is targeting a listing on September 1, two other sources said, slightly later than previously planned.

While September 1 is the target date, the listing could happen a few days later, one ⁠of the sources ⁠said. Reuters reported last week that Shein had been aiming to list on August 28.

The delay, first reported by the South China Morning Post, comes as slower growth and rising costs have dampened investor appetite for Shein.

The online fast-fashion retailer was ⁠seen just a few years ago as a disruptive challenger to established retailers such as H&M and Zara, thanks to its rapid supply chain and ultra-low prices.

Among cornerstone investors in the IPO is the asset management arm of UBS Group, which would be investing in Shein for the first time, according to a fourth source with direct knowledge of the matter.

A spokesperson for the Swiss bank declined to comment.

Cornerstone investors ⁠agree to ⁠buy a set amount of shares before an IPO, and sign up to a lockup period of six months.

Shein is targeting a valuation of $26 billion to $27 billion, the fourth source said, down sharply from the $100 billion valuation it achieved in a private fundraising in 2022.

The company had previously sought an IPO valuation of $30 billion to $40 billion when investor meetings ahead of the IPO first kicked off.

Shein did not respond to a Reuters request for comment.


France Fines UK Fashion Site Boohoo Over Fake Discounts

FILE PHOTO: A woman poses with a smartphone showing the Boohoo app in front of the Boohoo logo on display in this illustration taken September 30, 2020. REUTERS/Dado Ruvic/Illustration/File Photo
FILE PHOTO: A woman poses with a smartphone showing the Boohoo app in front of the Boohoo logo on display in this illustration taken September 30, 2020. REUTERS/Dado Ruvic/Illustration/File Photo
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France Fines UK Fashion Site Boohoo Over Fake Discounts

FILE PHOTO: A woman poses with a smartphone showing the Boohoo app in front of the Boohoo logo on display in this illustration taken September 30, 2020. REUTERS/Dado Ruvic/Illustration/File Photo
FILE PHOTO: A woman poses with a smartphone showing the Boohoo app in front of the Boohoo logo on display in this illustration taken September 30, 2020. REUTERS/Dado Ruvic/Illustration/File Photo

French regulators said Thursday that they had fined the UK fast-fashion site Boohoo 2.33 million euros ($2.7 million) after finding "deceptive trade practices" including fake sale prices.

An inquiry by France's anti-fraud and consumer watchdog DGCCRF found that clothes and other items were often promoted as discounts, when in fact they were not, or at misleading sale prices.

Other ads described items as leather or suede that were actually made of synthetic materials.

"The use of discounted pricing and permanent sales gave clients the impression they were getting very good deals, and were likely to influence their purchases," AFP quoted the fraud agency as saying.

It found that among the hundreds of items it checked, 40 percent in fact were not actually on sale, seven percent had reduced prices that did not match the discount advertised, and 48 percent were actually more expensive than originally.

"In total 95 percent of the ads were not compliant," the DGCCRF said.

Online retailer Boohoo is part of Debenhams Group. In 2021, Boohoo bought the British department store brand out of bankruptcy and took on its name.

Debenhams also now owns the brands Karen Millen, boohooMAN and PLT.


Estee Lauder Forecasts Annual Profit Above Estimates on Strong China Demand

An Estee Lauder cosmetics counter is seen in Los Angeles, California, US, August 19, 2019. (Reuters)
An Estee Lauder cosmetics counter is seen in Los Angeles, California, US, August 19, 2019. (Reuters)
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Estee Lauder Forecasts Annual Profit Above Estimates on Strong China Demand

An Estee Lauder cosmetics counter is seen in Los Angeles, California, US, August 19, 2019. (Reuters)
An Estee Lauder cosmetics counter is seen in Los Angeles, California, US, August 19, 2019. (Reuters)

Estee ‌Lauder forecast annual profit above Wall Street estimates on Wednesday, betting on sustained spending on premium fragrances and strong performance in key markets such as China, reflecting persistent gains from its CEO's turnaround strategy.

Resilient spending by affluent ‌and younger ‌customers, especially on trendy ‌items, ⁠has helped boost ⁠demand for the cosmetics maker's luxury fragrances and skincare products such as Le Labo and Balmain Beauty.

To sustain that momentum, Estee ⁠has accelerated premium product launches, ‌streamlined ‌supply chain and ramped up investments in ‌innovation and marketing under ‌CEO Stephane de La Faverie's "Beauty Reimagined" strategy.

The Clinique and M.A.C owner, whose merger conversations with Jean ‌Paul Gaultier-owner Puig collapsed in May, expects 2027 adjusted ⁠earnings ⁠per share in the range of $3.10 to $3.35, with its midpoint above analysts' average estimate of $3.18 per share, according to data compiled by LSEG.

The company's quarterly sales of $3.63 billion were also ahead of the estimate of $3.54 billion.