Fashion Industry Evolves, as Virus Forces a Rethink

In this Jan. 27, 2021 file photo, model Cara Delevingne wears a creation for Fendi's Spring-Summer 2021 Haute Couture fashion collection presented in Paris. (AP)
In this Jan. 27, 2021 file photo, model Cara Delevingne wears a creation for Fendi's Spring-Summer 2021 Haute Couture fashion collection presented in Paris. (AP)
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Fashion Industry Evolves, as Virus Forces a Rethink

In this Jan. 27, 2021 file photo, model Cara Delevingne wears a creation for Fendi's Spring-Summer 2021 Haute Couture fashion collection presented in Paris. (AP)
In this Jan. 27, 2021 file photo, model Cara Delevingne wears a creation for Fendi's Spring-Summer 2021 Haute Couture fashion collection presented in Paris. (AP)

The pandemic has torn a multibillion-dollar bite out of the fabric of Europe's fashion industry, stopped runway shows and forced brands to show their designs digitally instead.

Now, amid hopes of a return to near-normality by the year’s end, the industry is asking what fashion will look like as it dusts itself off and struggles to its well-heeled feet again.

Answers vary. Some think the Fashion Week format, in use since the 1940s, will be radically rethought. Others believe Asia will consolidate its huge gains in influence. Many see brands seeking greater sustainability to court a younger clientele.

“The impact of the pandemic will be unquestionably to increase the importance and influence of Asia on fashion,” said Gildas Minvielle, economist at the Institut Francais de la Mode in Paris.

“Luxury in Europe has already rebounded but it’s only because it’s globalized, only because of Asian buyers," Minvielle said. "They spent on European brands.”

Asian buyers are still considered a largely untapped market, yet their wealth has recently tipped over that of Westerners. China, in particular, was already considered the worldwide engine of growth in the luxury industry before the pandemic. Its quicker containment of the virus will leave it in an even stronger position.

“In the next 50 years money will come from the East as it has been (coming) in the last 50 years from the West,” said Long Nguyen, chief fashion critic of The Impression.

This could see a designer aesthetic that panders more to Chinese tastes.

Another trend that's been strengthened during the pandemic is the decision to forgo the frenetic pace of runway calendar shows.

As the virus tore across the globe from East to West, these morphed overnight from a live, in-person, sensory experience to a pre-taped digital display released online. Many predicted devastation for the industry, but houses have proved surprisingly resilient. That's because the system was already overdue a shift.

Since the advent of social media, brands have become much less reliant on traditional advertising outlets such as fashion magazines. Now, they create their own online channels, circumventing the glossies, to get their designs out.

“Each brand is a media entity unto itself,” Nguyen said, calling the way the industry operates “obsolete.”

Moreover, as buyers themselves move online, houses have necessarily become much less dependent on traditional sales outlets such as department stores.

Some houses have done better than expected with the new digital format. Smaller brands, in particular, have welcomed the break from staging runway shows that can be astronomically expensive — for relatively little return.

Paris couture designer Julien Fournie said the virus has led him to question “whether fashion shows were really necessary” in the first place.

The virus saw many brands, including Balenciaga, Alexander McQueen and Bottega Veneta of French luxury giant Kering, tearing up the traditional calendar to show their new collections when it suits them — both creatively and financially. Saint Laurent started the trend last year, drawing headlines for quitting Paris Fashion Week to “take control of its pace.”

The advantage for these brands is to set dates on their own terms, with collections that don't compete with others for attention at the same time. Yet many nostalgic critics, buyers and consumers argue that nothing can replace the physical runway experience.

“Brands have been deciding more and more when their optimal time to show is... They want to control their business more and that is their right,” Pascal Morand, Paris fashion federation Executive President.

“But this is not the end to Fashion Week. No matter what people say they are all awaiting a return to the runway and to come back to the physical experience.”

Stella McCartney, who unveiled her fall collection off-schedule last month, said that the industry has been seriously questioning the relevance of seasons “even before COVID,” as climate change has sadly highlighted how absurd it is.

“There was a moment at the beginning of lockdown — in the sky there were no airplanes, you could hear birds," McCartney said. "Everyone was talking about nature reclaiming its rightful place,” she added, expressing frustration with the industry’s lifestyle that requires thousands of kilometers of travel per year.

McCartney said that across the industry now there is a sense that brands must embrace sustainability “in order to survive,” especially to attract the young, more environmentally conscious consumer.

One example of such eco-thinking is in reducing waste in collections. Luxury giants have been criticized in the past for burning unused or unsold luxury goods.

And McCartney also doesn’t seem to think that this will be the end of the runway show.

“I don’t think we will throw away where we are today and I don’t think we’ll dismiss where we were yesterday," she said. "It took me a while, but I miss the energy at the end of the show, the engagement with my community, I miss seeing clothes in real life and moving, expressions of the models, the sound. That is the art.”



Fashion Commission, Saudi Retail Academy to Develop National Talent 

Fashion Commission, Saudi Retail Academy to Develop National Talent 
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Fashion Commission, Saudi Retail Academy to Develop National Talent 

Fashion Commission, Saudi Retail Academy to Develop National Talent 

The Saudi Fashion Commission signed a memorandum of understanding (MoU) with the Saudi Retail Academy to develop national capabilities and boosting specialized skills in the fashion and retail sectors, reported the Saudi Press Agency on Monday.

The MoU aims to support local talent and the creation of sustainable employment opportunities in this vital industry. It stems from the two sides’ keenness to cooperate in the fields of training and professional development.

The agreement was signed on the sidelines of the graduation ceremony of the academy’s first cohort.

The Fashion Commission focuses on developing local talent, transferring global expertise, and advancing the fashion sector in the Kingdom, while the Saudi Retail Academy is a non-profit institute and a specialized entity in training and development in the retail field and in building professional competencies and skills related to retail and sales.

The MoU aims to establish a framework for cooperation to design and implement specialized training programs that boost the readiness of national cadres and qualify them according to the highest professional standards, with a focus on developing skills in sales, customer experience, and store management to meet labor market requirement and the needs of the growing fashion sector.

Fashion Commission chief executive Burak Cakmak said that developing human capital is a fundamental pillar for the long-term growth of the Kingdom’s fashion sector.

The partnership reflects the commitment to strengthening the capabilities that form the foundation of a competitive and sustainable industry through investment in specialized skills within retail and customer experience, enabling brands to grow and supporting the sector’s confident evolution, he added.

Saudi Retail Academy chief executive Hend Al-Dhaban stressed that the partnership embodies a shared vision to empower national talent and elevate professionalism in the retail sector.

The agreement will help channel training expertise to meet the specialized needs of the fashion sector and equip young men and women with the practical skills required to succeed in the labor market, thereby boosting service quality and supporting localization targets and economic growth, she explained.

This cooperation is part of the Fashion Commission’s ongoing efforts to develop the fashion value chain through building strategic partnerships with specialized training and education entities, expanding professional opportunities for national talent, and linking education and training outputs with labor-market needs.

Through their partnership, the commission and the academy will help in building an integrated ecosystem that connects education, vocational qualification, and employment, bolstering the competitiveness of the fashion and retail sectors and supporting the objectives of Saudi Vision 2030 in empowering national cadres, localizing jobs, and improving quality of life.


Saudi 100 Brands Debuts Landmark Fashion Presentation at Saudi Cup 2026

The experience introduced global audiences to Saudi Arabia’s dynamic and growing fashion ecosystem - SPA
The experience introduced global audiences to Saudi Arabia’s dynamic and growing fashion ecosystem - SPA
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Saudi 100 Brands Debuts Landmark Fashion Presentation at Saudi Cup 2026

The experience introduced global audiences to Saudi Arabia’s dynamic and growing fashion ecosystem - SPA
The experience introduced global audiences to Saudi Arabia’s dynamic and growing fashion ecosystem - SPA

The Fashion Commission launched its Saudi 100 Brands showcase at the Saudi Cup 2026, marking a historic milestone for the world-renowned equestrian event at King Abdulaziz Racecourse in Riyadh.
The collections celebrate Saudi heritage by blending traditional and contemporary design. Jewelry and accessory brands also exhibited throughout, providing Saudi designers with a platform to reach a broader global audience. These showcases emphasize the fusion of heritage and modern design, offering a new perspective on the Kingdom's creative identity.
The Saudi 100 Brands program, a flagship initiative of the Fashion Commission, supports emerging designers by providing tools, expertise, and platforms to grow their global presence. This collaboration with the Saudi Cup underscores the importance of celebrating cultural heritage while advancing design innovation.

Each piece in the exhibition incorporates heritage motifs, textiles, and storytelling, reimagined through innovative design to appeal to modern and international audiences.

The exhibition aims to celebrate national identity, highlight local creative talent, and present the evolving direction of Saudi fashion, SPA reported.

Visitors explored the intersection of craftsmanship and cultural expression, discovering how designers honor tradition while advancing fashion design.

The experience also introduced global audiences to Saudi Arabia’s dynamic and growing fashion ecosystem.

This participation reflects the Fashion Commission’s vision to develop a thriving fashion sector rooted in cultural heritage and global ambition. By combining cultural narratives with innovative design, the commission enables Saudi fashion to contribute to global creative industries, nurture talent, and position Saudi brands for sustained success.


L’Oreal Shares Sink as Sales Miss Forecasts 

This photo taken on February 16, 2018 shows a board with the L'Oreal logo outside of the L'Oreal plant, in Lassigny. (AFP)
This photo taken on February 16, 2018 shows a board with the L'Oreal logo outside of the L'Oreal plant, in Lassigny. (AFP)
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L’Oreal Shares Sink as Sales Miss Forecasts 

This photo taken on February 16, 2018 shows a board with the L'Oreal logo outside of the L'Oreal plant, in Lassigny. (AFP)
This photo taken on February 16, 2018 shows a board with the L'Oreal logo outside of the L'Oreal plant, in Lassigny. (AFP)

L'Oreal shares fell heavily on the Paris stock market on Friday after the cosmetics giant posted sales that fell short of analyst expectations, stoking fears of weakness for its luxury brands and in the key Chinese market.

While revenues rose seven percent in the fourth quarter in Europe -- still the company's biggest market -- they edged up just 0.7 percent in North America and fell five percent in North Asia, which includes China.

Overall, sales were up 1.5 percent to 11.2 billion euros ($13.3 billion) in the final quarter of 2025 -- usually when the company benefits from strong holiday-fueled buying.

This was a marked slowdown from the 4.5-percent growth seen the previous year.

On a like-for-like comparison that excludes the impact of currency fluctuations, sales rose six percent, whereas the consensus forecast was around eight percent, analysts said.

The luxury division (Luxe) in particular, which includes high-end perfumes and make-up and is L'Oreal's biggest by revenue, saw a 0.5-percent sales slide in the fourth quarter, to 4.2 billion euros.

"We think the miss, led by North Asia and Luxe, will be a concern amid a vague outlook," said David Hayes, an analyst at investment bank Jefferies.

L'Oreal's stock was down 3.2 percent in morning trading, partly recovering from a drop of more than six percent at the open.

Net profit for the full year was down 4.4 percent to 6.1 billion euros.

Chief executive Nicolas Hieronimus said when he presented the results on Thursday that L'Oreal had achieved a "solid" performance "despite a context that was at the very least volatile and unfavorable".

For 2026, he said the company had to be "cautious and humble", although he expected "the beauty market to continue its acceleration" unless there was "a new surprise".

"We're going to have to intensify our efforts in terms of innovation to energize the market and win over customers," he added.