Memorabilia of Karl Lagerfeld to Go under Hammer in 8 Auctions Starting Fall

German designer Karl Lagerfeld. Photo: Reuters
German designer Karl Lagerfeld. Photo: Reuters
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Memorabilia of Karl Lagerfeld to Go under Hammer in 8 Auctions Starting Fall

German designer Karl Lagerfeld. Photo: Reuters
German designer Karl Lagerfeld. Photo: Reuters

This autumn, Sotheby's will bring to auction the collection of Karl Lagerfeld staged across Monaco, Paris and Cologne. The series of eight auctions, which will be offered later this year and the beginning of 2022, will bring the great late designer's most personal collection to the market, from the art he lived with to the items in his wardrobe.

As surprising and multifaceted as the designer himself, the auctions will offer an anthology of his personal taste, with the more than one thousand lots encompassing fine art, design, fashion and personal ephemera, illuminating the fashion titan's life as a designer, decorator, photographer and collector.

As a star that astonished several generations during the first decade of the 2000s, Lagerfeld was a brand unto himself. Capturing the imagination of the fashion world with his distinctive look and inimitable presence, he continually rewrote the rulebook, allowing him to remain ever relevant and always at the forefront of his game.

Artistic Director of Fendi from 1965, Chanel from 1983 and Chloé from 1991, and before launching his own ready-to-wear house in the same year, the designer became the guiding figure of the luxury industry that he helped to build.

Lagerfeld was also an insatiable collector with an eclectic eye. In the 1980s, he opted for the fun, colorful design of the Memphis Group, tickled by its humor. He then turned to the French decorative arts of the 18th century, which he considered as an ideal of elegance and refinement. Throughout his life, he also had a passion for the Art Deco period that adorned his residences in Biarritz and Monaco, which he described as "the roots of modernity, the modernity that I am always looking for."

During the last twenty years of his life, Lagerfeld went to contemporary design by the likes of Mark Newson, Martin Szekely and Ronan and Erwan Bouroullec that acquired to create a new futuristic aesthetic in his homes.

It was however, the works of his favorite designers Louis Süe and André Mare, to whom he remained faithful throughout his long collecting career, and to whose ethos "Evolution in Tradition" he stayed true.

Of his many residences, Pavillon de Voisins in Louveciennes near Paris – the last home he purchased – has a somewhat unexpected aesthetic. Inspired by his German roots, the decor harks back to the grand designs of the turn of the 20th century and creations of 1920s in Germany, which he had collected for over 30 years.

Further artists represented in this extraordinary collection are Marc Newson, Martin Szekely, Konstantin Grcic, Maarten Van Severen for contemporary design; Louis Süe and André Mare for Art Deco; and Georges Lepape – a French fashion designer, poster artist, engraver and illustrator particularly representative of the 1930s.

The sale will also include Lagerfeld's personal memorabilia, all of a fine quality: the dishes of Choupette – the cat who shared the last eight years of the designer's life; household furniture; his three Rolls Royce cars; his emblematic fingerless leather gloves, which he consistently wore for 20 years – more than 200 pairs will be brought to auction. It will also feature a selection of designer suit jackets by Dior, KL, Comme des garçons and Martin Margiela; as well as an astonishing number of Goyard suitcases, and Fendi key chains.



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.