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.



Pieter Mulier Named Creative Director of Versace

(FILES) Pieter Mulier attends the 2025 CFDA Awards at The American Museum of Natural History on November 03, 2025 in New York City. (Photo by Dimitrios Kambouris / GETTY IMAGES NORTH AMERICA / AFP)
(FILES) Pieter Mulier attends the 2025 CFDA Awards at The American Museum of Natural History on November 03, 2025 in New York City. (Photo by Dimitrios Kambouris / GETTY IMAGES NORTH AMERICA / AFP)
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Pieter Mulier Named Creative Director of Versace

(FILES) Pieter Mulier attends the 2025 CFDA Awards at The American Museum of Natural History on November 03, 2025 in New York City. (Photo by Dimitrios Kambouris / GETTY IMAGES NORTH AMERICA / AFP)
(FILES) Pieter Mulier attends the 2025 CFDA Awards at The American Museum of Natural History on November 03, 2025 in New York City. (Photo by Dimitrios Kambouris / GETTY IMAGES NORTH AMERICA / AFP)

Belgian fashion designer Pieter Mulier has been named the new creative director of the Milan fashion house Versace starting July 1, according to an announcement on Thursday from the Prada Group, which owns Versace.

Mulier is currently creative director of the French fashion house Alaïa, and was previously the right-hand man of fellow Belgian designer and Prada co-creative director Raf Simons at Calvin Klein, Jil Sander and Dior.

In his new role, Mulier will report to Versace executive chairman Lorenzo Bertelli, the designated successor to manage the family-run Prada Group. Bertelli is the son of Miuccia Prada and Prada Group chairman Patrizio Bertelli.

“We believe that he can truly unlock Versace’s full potential and that he will be able to engage in a fruitful dialogue,’’ The Associated Press quoted Lorenzo Bertelli as saying of Mulier in a statement.

Mulier takes over from Dario Vitale, who departed in December after previewing just one collection during his short-lived Versace stint.

Mulier was honored last fall by supermodel and longtime Alaïa muse Naomi Campbell at the Council of Fashion Designers of America for his work paying tribute to brand founder Azzedine Alaïa. Mulier took the creative helm in 2021, after Alaïa’s death.


Ralph Lauren’s Margin Caution Eclipses Stronger‑than‑expected Quarterly Results

Guests wait after viewing the latest Ralph Lauren collection in New York City, US, April 17, 2025. REUTERS/Caitlin Ochs/File photo
Guests wait after viewing the latest Ralph Lauren collection in New York City, US, April 17, 2025. REUTERS/Caitlin Ochs/File photo
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Ralph Lauren’s Margin Caution Eclipses Stronger‑than‑expected Quarterly Results

Guests wait after viewing the latest Ralph Lauren collection in New York City, US, April 17, 2025. REUTERS/Caitlin Ochs/File photo
Guests wait after viewing the latest Ralph Lauren collection in New York City, US, April 17, 2025. REUTERS/Caitlin Ochs/File photo

Ralph Lauren posted third-quarter results above Wall Street estimates on Thursday, but the luxury retailer's warning of margin pressure tied to US tariffs sent its shares down nearly 6.4% in premarket trading.

The company expects fourth-quarter margins, its smallest revenue period, to shrink about 80 to 120 basis points due to higher tariff pressure and marketing spend.

Ralph Lauren, which sources its products from regions such as China, India and Vietnam, has relied on raising prices and reallocating production to regions with lower duty exposure to offset US tariff pressures, Reuters reported.

"Ralph Lauren has been able to raise prices for some time now. There is some limit on how long it can continue to do this. I think (the company's) gross margins are near peak levels," Morningstar analyst David Swartz said.

The company, which sells $148 striped linen shirts and $498 leather handbags, has tightened inventory, lifted full-price sales and refreshed core styles, boosting its appeal among wealthier and younger customers, including Gen Z.

Higher-income households are still splurging on luxury items, travel and restaurant meals, while lower- and middle-income consumers are strained by higher costs for rents and food as well as a softer job market.

The New York City-based company saw quarterly operating costs jump 12% year-on-year as it ramped up brand building efforts through sports-focused brand campaigns such as Wimbledon and the US Open tennis championship.

The luxury retailer said revenue in the quarter ended December 27 rose 12% to $2.41 billion, above analysts' estimates of a 7.9% rise to $2.31 billion, according to data compiled by LSEG.

It earned $6.22 per share, excluding items, compared to expectations of $5.81, aided by a 220 basis points increase in margins and an 18% rise in average unit retail across its direct-to-consumer channel.

Ralph Lauren now expects fiscal 2026 revenue to rise in the high single to low double digits on a constant currency basis, up from its prior forecast of a 5% to 7% growth.


Saudi Fashion Commission, Kering Launch 'Kering Generation Award X MENA'

This year's award builds on the strong success of the 2025 award, which attracted more than 500 applications, shortlisted 21 finalists, and recognized three winners. SPA
This year's award builds on the strong success of the 2025 award, which attracted more than 500 applications, shortlisted 21 finalists, and recognized three winners. SPA
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Saudi Fashion Commission, Kering Launch 'Kering Generation Award X MENA'

This year's award builds on the strong success of the 2025 award, which attracted more than 500 applications, shortlisted 21 finalists, and recognized three winners. SPA
This year's award builds on the strong success of the 2025 award, which attracted more than 500 applications, shortlisted 21 finalists, and recognized three winners. SPA

Saudi Arabia’s Fashion Commission and global luxury group Kering have launched the "Kering Generation Award X MENA" across the Middle East and North Africa (MENA) for 2026.

The announcement was made on Tuesday during the opening of the RLC Global Forum, hosted at the French Embassy in Riyadh.

This year's award builds on the strong success of the 2025 award, which attracted more than 500 applications, shortlisted 21 finalists, and recognized three winners.

Participants benefited from mentorship programs, workshops, and opportunities to strengthen their global presence. Building on this momentum, the 2026 program seeks to expand its impact across the MENA region.

The 2026 award focuses on four key areas of sustainable fashion: innovation in regenerative materials and clean production, circular design and sustainable business models, nature conservation and animal welfare, and consumer awareness and cultural engagement.

The program targets startups across the MENA region that operate in, or positively influence, the sustainable fashion sector, provided they demonstrate innovation capabilities and the ability to deliver measurable sustainability outcomes.