Christian Cowan’s NY Fashion Week Show Went 102 Stories Up

The Christian Cowan Fall/Winter 2022 collection is modeled at the One World Trade Center during New York Fashion Week on Friday, Feb. 11, 2022, in New York. (AP)
The Christian Cowan Fall/Winter 2022 collection is modeled at the One World Trade Center during New York Fashion Week on Friday, Feb. 11, 2022, in New York. (AP)
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Christian Cowan’s NY Fashion Week Show Went 102 Stories Up

The Christian Cowan Fall/Winter 2022 collection is modeled at the One World Trade Center during New York Fashion Week on Friday, Feb. 11, 2022, in New York. (AP)
The Christian Cowan Fall/Winter 2022 collection is modeled at the One World Trade Center during New York Fashion Week on Friday, Feb. 11, 2022, in New York. (AP)

To a screeching party soundtrack 102 floors up the Freedom Tower on hallowed 9/11 ground, British wunderkind Christian Cowan helped open New York Fashion Week on Friday night with a riot of sequins, feathers and little T-shirts of love to the city he now calls home.

The 25-year-old designer who first put clothes on Lady Gaga’s back while still a teenager in fashion school married Hollywood with Gen Z TikTok culture — and the vibes of Lower East Side club kids with Upper East Side ladies who lunch. He set out this time around to honor New York as the city wakes up amid a pandemic with loosened restrictions and the hope of a brighter future.

“This just seemed like such a symbol of New York’s power and resilience,” Cowan said of the towering One World Trade Center, where he invited guests to the observatory for sweeping night views of the city and the Hudson River. “I moved to New York five years ago but ... I always felt like a New Yorker before I even got here.”

Cowan rolled out a variety of evening sparklers, day looks and minis done in Valentine’s Day red. There was a slinky show of black and a silvery party mini adorned with flat sequins of varying sizes. He went with a deep purple for several creations and lavender for others worthy of a night out, including an embellished body hugger with one bulbous shoulder.

Feathers in pink adorned sleeves and bandeau tops, and trains trailed behind some of his models as they camped it up for the cameras.

“It’s about maximalism,” he told The Associated Press. “More is more.”

Lady Gaga served up Cowan’s coming out when she wore one of his huge hats and matching sparkly pink pantsuits in 2014. An exaggerated black-and-white check dress was plucked by Cardi B for the cover of her debut album, “Invasion of Privacy.” Miley Cyrus wore a sheer white pants and top combo adorned with little red hearts. His friend Lil Nas X brought him along to the 2019 MTV VMA awards after Cowan dressed him in a ruffle shirt and sequin silver suit with cowboy boots to match.

Candace Bushnell attended his sky-high show, which Cowan touts as one of the highest fashion shows ever held. Would she go for his sensible black-and-white tea-length stripe dress with feathers at the hem? Or maybe his high-neck mermaid look in blush with feathers from the thigh down.

“Christian is high-octane glamour,” Bushnell said, dressed in one of his shiny creations. “It’s what people want to wear when they’re out, and everybody wants to go out now.”

Perhaps another of his guests, Dorinda Medley of “The Real Housewives of New York,” would don the flowing, long-sleeve swirl of white and pink he showed in another dress.

The goal, always, is to bring the party into an outfit.

“It’s about just having a lot of fun,” Cowan said.



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.