Hungarian Fashion Studio Builds Roma Cultural Prestige

A model dressed in Romani Design clothes walks the catwalk at a fashion show in Budapest, Hungary, November 12, 2016. Reuters/ Laszlo Balogh.
A model dressed in Romani Design clothes walks the catwalk at a fashion show in Budapest, Hungary, November 12, 2016. Reuters/ Laszlo Balogh.
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Hungarian Fashion Studio Builds Roma Cultural Prestige

A model dressed in Romani Design clothes walks the catwalk at a fashion show in Budapest, Hungary, November 12, 2016. Reuters/ Laszlo Balogh.
A model dressed in Romani Design clothes walks the catwalk at a fashion show in Budapest, Hungary, November 12, 2016. Reuters/ Laszlo Balogh.

A fashion studio in Hungary is challenging the centuries-old stereotypes faced by the country's Roma minority, and asserting a place at the table of high culture for the historically marginalized group.

Established by sisters Erika and Helena Varga in 2010, the Romani Design fashion studio has the declared mission of using fashion and applied arts to build the socio-cultural prestige of the Roma community, and to reestablish Roma culture in a modern context, The Associated Press said.

“We were one of the first brands that actually gave the answer to how to rebuild (Roma) traditions in a contemporary, modern way,” said Erika Varga, co-founder of Romani Design.

The Roma are Hungary's largest minority, and represent as much of 10% of the population in the Central European country. Like their counterparts throughout Europe, Hungary's Roma are often the subjects of social and economic exclusion, and face discrimination, segregation and poverty.

Present in Hungary since the 15th century, many of the Roma's traditions are deeply ingrained in broader Hungarian culture. Yet many of their unique customs and occupations — as well as their language, Romani — have been slowly dying out after centuries of official and unofficial marginalization.

Before starting Romani Design, the Varga sisters worked as jewelry makers and designers. But seeing that the social acceptance long sought by their community had remained elusive, they worried that valuable Roma traditions were being lost, and excluded from conceptions of what constitutes high culture.

“We wanted to sensitize the social majority, including the social elite,” Erika said. “This was important because it’s the social elite that dictates who is valuable and what position they can occupy in the social hierarchy. ... We also wanted to communicate messages to our own community that we don’t have to give up our traditional values.”

Reutilizing the floral patterns, colorful fabrics and depictions of the Virgin Mary prevalent in traditional Roma dress and folklore, Romani Design creates modern clothing, jewelry and accessories that place Roma cultural traditions into a contemporary context.

Helena, the younger of the sisters who oversees the design of their products, said many of the dresses and accessories are reflections on lived experiences she has had through growing up Roma in Hungary.

“When I design, I absolutely live my own Gypsy identity, and my roots are absolutely here in my heart and soul,” Helena said, using a term for the Roma seen as pejorative in some places but commonly used by Roma in Hungary. "I've seen how (Roma communities) live, what they wear, what kinds of houses they live in and what the interior design is like ... These memories and experiences are completely embedded in my mind when I design something.”

While some advocacy groups in Hungary push for Roma equality and social inclusion by representing elements of Roma culture like folk music and dance, the Varga sisters say that fashion is one of the most powerful means of bridging the gap between their culture and the rest of society.

“Fashion, the way we dress, the clothes we wear on our bodies can send a message so fast and so intense that it reaches its target audience very, very quickly," Helena said. "It’s very effective.”

In the world of designer fashion, choosing to shop at Romani Design represents a conscious statement of values, Helena said, and their clients usually buy their products with the intent of expressing their views on inclusion.

Most clients of the studio are "people who want more from fashion,” Erika said.

“They want to be able to express their personality as much as possible, to shape their immediate environment, and at the same time to represent values that are important in their personal lives and communities, such as the values of multiculturalism,” she said.

Six dresses by Romani Design are currently on display at an exhibition in the Museum of Applied Arts in Hungary's capital, Budapest.

The rotating exhibition, “In Circulation,” has artists choose items from the museum’s permanent collection and create their own works inspired by them. After being displayed, the new contemporary works become part of the museum’s collection — securing them for posterity to be reflected upon by coming generations.

Judit Horvath, the head of the museum's contemporary design department, said it was a mission of the museum to “thematize social problems,” and that Romani Design's appearance in the exhibition had done so successfully.

“In the context of this exhibition it was clear what the social problem is that we want to thematize,” Horvath said. ”What is this problem? The conflict, fear, discord and anger that often exists between Roma and non-Roma communities ... things that we wish were not there."



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.