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."



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.


Paris Court Rejects Bid to Suspend Shein Platform in France

A customer holds shopping bags with a Shein logo in the first physical space of Chinese online fast-fashion retailer Shein on the day of its opening inside the Le BHV Marais department store, the Bazar de l'Hotel de Ville, in Paris, France, November 5, 2025. REUTERS/Sarah Meyssonnier/File Photo
A customer holds shopping bags with a Shein logo in the first physical space of Chinese online fast-fashion retailer Shein on the day of its opening inside the Le BHV Marais department store, the Bazar de l'Hotel de Ville, in Paris, France, November 5, 2025. REUTERS/Sarah Meyssonnier/File Photo
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Paris Court Rejects Bid to Suspend Shein Platform in France

A customer holds shopping bags with a Shein logo in the first physical space of Chinese online fast-fashion retailer Shein on the day of its opening inside the Le BHV Marais department store, the Bazar de l'Hotel de Ville, in Paris, France, November 5, 2025. REUTERS/Sarah Meyssonnier/File Photo
A customer holds shopping bags with a Shein logo in the first physical space of Chinese online fast-fashion retailer Shein on the day of its opening inside the Le BHV Marais department store, the Bazar de l'Hotel de Ville, in Paris, France, November 5, 2025. REUTERS/Sarah Meyssonnier/File Photo

A Paris court on Friday rejected a government request to suspend Chinese fast-fashion platform Shein in France after authorities found illegal weapons and child-like sex dolls for sale on the fast-fashion giant’s website.

Shein welcomed the decision, saying it remains committed to strengthening its control processes in cooperation with French authorities.

“Our priority remains protecting French consumers and ensuring compliance with local laws and regulations," the company said in an emailed statement to The Associated Press.

The controversy dates to early November, when France’s consumer watchdog and Finance Ministry moved toward suspending Shein’s online marketplace after authorities said they had found childlike sex dolls and prohibited “Class A” weapons listed for sale, even as the company opened its first permanent store in Paris.

French authorities gave Shein hours to remove the items. The company responded by banning the products and largely shutting down third-party marketplace listings in France.

French officials have also asked the European Commission to examine how illegal products were able to appear on the platform under EU rules governing large online intermediaries.


Lululemon Jumps on Elliott's $1 Billion Bet Ahead of Leadership Change

FILE PHOTO: A logo is displayed inside a Lululemon outlet retail store at Bicester Village in Oxfordshire, Britain, August 21, 2024. REUTERS/Hollie Adams/File Photo
FILE PHOTO: A logo is displayed inside a Lululemon outlet retail store at Bicester Village in Oxfordshire, Britain, August 21, 2024. REUTERS/Hollie Adams/File Photo
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Lululemon Jumps on Elliott's $1 Billion Bet Ahead of Leadership Change

FILE PHOTO: A logo is displayed inside a Lululemon outlet retail store at Bicester Village in Oxfordshire, Britain, August 21, 2024. REUTERS/Hollie Adams/File Photo
FILE PHOTO: A logo is displayed inside a Lululemon outlet retail store at Bicester Village in Oxfordshire, Britain, August 21, 2024. REUTERS/Hollie Adams/File Photo

Lululemon Athletica shares rose nearly 8% in early trading on Thursday after reports Elliott Management has built a $1 billion stake in the athleisure wear maker and is working with former Ralph Lauren executive Jane Nielsen for a potential CEO role.

The Canada-based retailer said last week that Calvin McDonald will step down after nearly seven years as its top boss, sparking hopes for a leader who can reverse slowing growth and win back younger shoppers amid fierce competition from trendier players like Alo and Vuori. The stock has lost nearly half of its value this year, underscoring investor concerns over Lululemon's struggles. The company's shares were trading at $224 on Thursday.

"Elliott is famous for agitating for change. These positions aren't built overnight, so Lululemon's board probably saw this coming," said Brian Jacobsen, chief economic strategist, Annex Wealth Management.

The activist investor has been working closely for months with Nielsen, a retail veteran, a source told Reuters on Wednesday. Nielsen, who sits on the board of Cadbury parent Mondelez, has also served as finance chief at Tapestry-owned Coach.

"Lululemon is one of the most powerful brands in retail, defined by exceptional products, deeply engaged communities and significant global potential," Nielsen said in a statement to the Wall Street Journal. "I would welcome the chance to discuss this opportunity with the Lululemon board."

Elliott, Lululemon and Nielsen did not respond to Reuters requests for comment.

Analysts have said the company will need to upgrade its fabrics, use fresher designs and accelerate product launches that click with Gen Z to reclaim its "cool factor" and lure shoppers back.

With much of its sourcing tied to Asian factories facing higher import duties, Lululemon will also need to streamline its supply chain to blunt US tariff pressures and protect margins next year, analysts have said.

"Lululemon should implement fast fashions and introduce an assortment that will pull customers from Alo and Vuori - especially Gen Z customers.

Fast fashion requires a much better supply chain than is currently in use at Lululemon," said Brittain Ladd, a strategy and supply chain consultant at Florida-based Chang Robotics.

The brand's struggles have drawn sharp criticism from founder and largest individual shareholder Chip Wilson. He has also called for an urgent CEO search, led by new, independent directors with deep company knowledge to restore a product-first focus.

Wilson did not respond to a Reuters request for comment.

With a 4.3% ownership, Wilson's stake is valued at about $988 million, according to LSEG data, making Elliott one of the top shareholders in Lululemon, which is valued at nearly $25 billion.

Lululemon trades at a forward price-to-earnings ratio of 16.37, while Gap trades at 11.88 and American Eagle at 16.81, according to LSEG data.