Gold Armor for Lil Nas X, All Black for Kim Kardashian at Met Gala

Billie Eilish at the Met Gala. (AP)
Billie Eilish at the Met Gala. (AP)
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Gold Armor for Lil Nas X, All Black for Kim Kardashian at Met Gala

Billie Eilish at the Met Gala. (AP)
Billie Eilish at the Met Gala. (AP)

Red, silver and blue ruled the Metropolitan Museum of Art steps at a youth-driven Met Gala on Monday in a celebration of the best of American fashion.

There were show-stopping outfits from rapper Lil Nas X, wearing a Versace suit of gold armor and supermodel Iman in a stunning feathered gold and beige headdress and cage skirt as actors, singers, sports stars and social media influencers embraced the theme of “American Independence.”

Kim Kardashian, wearing Balenciaga, turned heads by dressing entirely in black, with even her face covered in thick black fabric. Her companion, a man wearing a blackout hoodie, was initially thought to be her estranged husband Kanye West, but Vogue.com said later it was Balenciaga designer Demna Gvasalia.

Chaired by four of the biggest Gen Z stars - actor Timothee Chalamet, singer Billie Eilish, poet Amanda Gorman and tennis champion Naomi Osaka - the so-called Oscars of the East Coast annual fundraiser was intended to highlight young designers and celebrities.

“Dune” star Chalamet sported a white silk suit with black lapels, teamed with white high-top sneakers, while Eilish, 19, shed her trademark baggy clothes for a plunging Oscar de la Renta peach gown she said was inspired by Marilyn Monroe.

The invitation-only gala is a fundraising benefit for New York’s Metropolitan Museum of Art and also marks the opening of the Costume Institute’s annual fashion exhibition which this year is titled “In America: A Lexicon of Fashion”.

Some guests took the theme more seriously than others. Jennifer Lopez sported a Western black hat over a plunging bronze gown and fur jacket, singer Leon Bridges had a white cowboy hat and fringed suede jacket, Kim Petras wore the model of a horse’s head on her bust, “Blondie” singer Debbie Harry picked a gown inspired by the US flag, and “Dear Evan Hansen” star Ben Platt chose denim flares and 1970s platform shoes.

Gorman wore a blue Vera Wang gown and crystal laurel headpiece she said was intended to make her look like a reimagined Statue of Liberty, while red was the choice of multiple celebrities, including model Karlie Kloss, actress Jennifer Hudson and Colombian singer Maluma.

Amid the glamour, some guests highlighted social issues.

Alexandria Ocasio-Cortez, the 31 year-old Democratic Congresswoman from New York, had “Tax the Rich” written in red across the back of her white gown.

“It’s time we bring all classes into the conversation about having a fairer country,” Ocasio-Cortez said about the slogan.

Like Ocasio-Cortez, many of the celebrities were first-timers at the Met Gala, including YouTuber Emma Chamberlain, Tik Tok star Addison Rae, musician Chance the Rapper, singer Olivia Rodrigo and “Game of Thrones” actress Maisie Williams.

Last year’s Met Gala was canceled because of the coronavirus pandemic, and Monday’s gathering was about a third smaller than usual with about 300 guests, with proof of vaccination required, though they did not wear masks while posing upon their arrival.

Grimes, the musician girlfriend of Tesla entrepreneur Elon Musk, was among the exceptions. She sported a metallic face mask and carried a sword.



Fashion Commission Launches 1st Executive Master’s Program in Riyadh

Fashion Commission Launches 1st Executive Master’s Program in Riyadh
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Fashion Commission Launches 1st Executive Master’s Program in Riyadh

Fashion Commission Launches 1st Executive Master’s Program in Riyadh

The Fashion Commission announced the launch of the first Executive Master’s program to be delivered in Riyadh, developed in collaboration with the world-renowned Institut Français de la Mode (IFM).

The new program marks a significant leap in advancing fashion education and executive training within the Kingdom, according to SPA.

The Executive Master’s in Strategic Management of Fashion & Luxury represents a new milestone in fashion education, taking place in Riyadh for the first time. It is a 15-month hybrid executive master’s degree track designed for high-potential professionals seeking advanced executive training while continuing their careers. Delivered through a blend of in-person modules in Riyadh and Paris, alongside supervised online learning, the program equips participants with strategic, managerial, and analytical expertise tailored to the rapidly evolving fashion and luxury sector.

Designed with market needs in mind, the executive master’s curriculum covers creation and design, brand strategies, sustainability, new consumer behaviors, retail innovation, fashion media, collection management, and future industry perspectives. Participants will also complete a thesis that contributes new knowledge to the regional and global fashion landscape.

The program is taught by IFM’s internationally recognized faculty, experts in fashion history, sustainability, consumer behavior, design, and luxury management, alongside industry leaders from major global houses, fashion federations, media groups, and innovation-driven organizations.

This landmark program builds on the Fashion Commission’s ongoing partnership with IFM since June 2022. Within the first year, the collaboration introduced high-level educational initiatives, including the Advanced Management Program for Luxury Fashion and the Executive Master’s in Luxury Fashion, designed to elevate local talent and strengthen the Kingdom’s creative workforce.

These programs have contributed to developing the skills and knowledge required to support a world-class fashion ecosystem.

The launch of the Executive Master’s marks a pivotal step in establishing Riyadh as an education hub for the fashion and luxury sectors. By bringing a master’s qualification of this caliber directly to the Kingdom, the Fashion Commission reinforces its commitment to enabling professional growth, supporting innovation, and creating globally competitive talent pipelines.


Nike Shares Rise as Apple’s Cook Doubles His Bet on CEO Hill’s Overhaul Effort

A jogger wearing Nike shoes runs along the Charles River in Cambridge, Massachusetts, US, March 18, 2019. (Reuters)
A jogger wearing Nike shoes runs along the Charles River in Cambridge, Massachusetts, US, March 18, 2019. (Reuters)
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Nike Shares Rise as Apple’s Cook Doubles His Bet on CEO Hill’s Overhaul Effort

A jogger wearing Nike shoes runs along the Charles River in Cambridge, Massachusetts, US, March 18, 2019. (Reuters)
A jogger wearing Nike shoes runs along the Charles River in Cambridge, Massachusetts, US, March 18, 2019. (Reuters)

Nike shares rose 5% in early trading on Wednesday after Apple CEO Tim Cook doubled his personal stake in the sportswear maker, raising his bets on the margin-pinching turnaround efforts led by CEO Elliott Hill.

Cook, who has been on Nike's board since 2005, bought 50,000 shares at $58.97 ‌each, according to ‌a regulatory filing. As of December ‌22, ⁠he holds about ‌105,000 shares, which is now worth nearly $6 million.

It was the largest open market stock purchase for a Nike director or executive and possibly the largest in more than a decade, said Jonathan Komp, analyst at Baird Equity Research.

"(We see) Cook's move as a positive signal for the progress under CEO Elliott Hill and Nike's 'Win ⁠Now' actions," Komp said.

The purchase comes days after Nike reported weaker quarterly margins and weak ‌sales in China even as CEO ‍Hill tries to revive demand ‍through fresh marketing plans and innovation focused on running and sports, ‍while phasing out lagging lifestyle brands.

He has also attempted to mend Nike's ties with wholesalers such as Dicks Sporting Goods to increase visibility among shoppers amid stiff competition from newer brands.

However, the strategy has strained Nike's margins, which have been declining for over a year, while its efforts to win back its ⁠premier position in discount-friendly China appears to be faltering.

Nike's shares have slumped nearly 13% since it reported results on December 18 and are on track for the fourth straight year of declines. They were trading at $60.19 on Wednesday.

Cook has been a lead independent director of Nike since 2016 when co-founder Phil Knight stepped down as its chairman.

The Apple CEO "remains extremely close" with Knight, Komp said, adding that he has advised Nike through key strategic decisions including Hill's appointment last year.

Board director and former Intel CEO ‌Robert Swan also bought about 8,700 shares for about $500,000 this week.


Etro Founding Family Exits Group as New Investors Including Türkiye's RAMS Global Join

L Catterton, a private equity firm backed by French luxury giant LVMH, will remain Etro's majority owner. Reuters
L Catterton, a private equity firm backed by French luxury giant LVMH, will remain Etro's majority owner. Reuters
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Etro Founding Family Exits Group as New Investors Including Türkiye's RAMS Global Join

L Catterton, a private equity firm backed by French luxury giant LVMH, will remain Etro's majority owner. Reuters
L Catterton, a private equity firm backed by French luxury giant LVMH, will remain Etro's majority owner. Reuters

The founding family of Italian fashion house Etro has sold the minority stake it still owned in the brand to a group of investors including Turkish group RAMS Global, the company said on Friday.

L Catterton, a private equity firm backed by French luxury giant LVMH, will remain Etro's majority owner and "will continue to actively support the brand's long-term growth strategy," Etro added, according to Reuters.

The new investors comprise also Italian fashion group Swinger International and small private equity firm ⁠RSI.

In addition to buying the stake, they all subscribed to a capital increase that will lower L Catterton's holding in Etro to between 51% and 55% from around 65%.

When including both the acquisition and the capital increase, the deal is worth around 70 ⁠million euros ($82 million), two sources close to the matter said. Etro did not disclose financial details.

Chief Executive Fabrizio Cardinali will remain at the helm, while Faruk Bülbül, representing RAMS Global, will become chairman of the board.

L Catterton bought a 60% stake in the brand known for its paisley motif four years ago, and it slightly increased the holding over the years.

The company, founded by Gimmo Etro in 1968, has ⁠been struggling with its turnaround. Last year it posted a net loss of 23 million euros with net revenues declining to 245 million euros from 261 million euros, according to filings with the local chambers of commerce reviewed by Reuters.

Rothschild advised L Catterton and the Etro family on the deal.

Rothschild had been hired in 2024 to look for a new investor who could buy all or part of the Etro fashion group, sources had previously told Reuters.