Milan Fashion Week Opens with Chiffon and Tweed at Fendi

A model presents a creation from the Fendi Fall/Winter 2022/2023 collection during Fashion Week in Milan, Italy, February 23, 2022. (Reuters)
A model presents a creation from the Fendi Fall/Winter 2022/2023 collection during Fashion Week in Milan, Italy, February 23, 2022. (Reuters)
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Milan Fashion Week Opens with Chiffon and Tweed at Fendi

A model presents a creation from the Fendi Fall/Winter 2022/2023 collection during Fashion Week in Milan, Italy, February 23, 2022. (Reuters)
A model presents a creation from the Fendi Fall/Winter 2022/2023 collection during Fashion Week in Milan, Italy, February 23, 2022. (Reuters)

Milan picked up the autumn/winter 2022 catwalk baton on Wednesday, with designer Kim Jones revisiting Fendi archives as inspiration for new looks at the Italian luxury label's Fashion Week show.

The Feb. 23-28 event, which follows fashion weeks in New York and London, is hosting mainly in-person catwalk shows rather than digital presentations this season, including by heavyweights Prada, Versace, Giorgio Armani and Dolce & Gabbana.

At Fendi, part of luxury conglomerate LVMH, model Bella Hadid open the show in a pale pink chiffon slip dress, teamed with a cropped furry jacket and long green cashmere gloves.

Hers was the first of many soft chiffon designs in the collection, including see-through tops, trousers and jumpsuits, adorned with wavy frills or patterns and sometimes peeping out of tweed outfits.

Kim Jones, artistic director of Fendi couture and womenswear, said he looked into the archives after seeing jewellery designer Delfina Delettrez wearing her mother's old Memphis-print blouse.

Jones works alongside Delettrez's mother and the founding family's scion Silvia Venturini Fendi, who looks after menswear and accessories, at the Rome-based label.

He turned specifically to two collections designed by his predecessor, the late Karl Lagerfeld: Fendi's Spring/Summer 1986 and Autumn/Winter 2000 lines, reworking prints and styles.

"The best place to explore the Fendi archives is through the Fendi wardrobes," Jones said in shownotes. "And these are collections which, although they come from the past, feel very now."

Models wore checked trousers, high-waisted skirts and corset-like shirts. Jackets were cropped, trousers slim and belts were pocketed to carry phones.

"It's a wardrobe designed for every aspect of a woman's life, for every generation," Jones said. "And it all started with Delfina."

For accessories, Venturini Fendi marked 25 years of the brand's Baguette's bag by bringing back editions in cashmere, shearling-lined leather and intarsia mink.



China's HongShan Reportedly Eyes $2.9 Billion Golden Goose Deal by Christmas

People walk in a commercial street at the historical Shichahai district in Beijing, China, December 3, 2025. REUTERS/Sarah Meyssonnier
People walk in a commercial street at the historical Shichahai district in Beijing, China, December 3, 2025. REUTERS/Sarah Meyssonnier
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China's HongShan Reportedly Eyes $2.9 Billion Golden Goose Deal by Christmas

People walk in a commercial street at the historical Shichahai district in Beijing, China, December 3, 2025. REUTERS/Sarah Meyssonnier
People walk in a commercial street at the historical Shichahai district in Beijing, China, December 3, 2025. REUTERS/Sarah Meyssonnier

China's HongShan Capital Group (HSG) has sent a 2.5 billion euro ($2.91 billion) offer to private equity Permira to buy Italian luxury sneaker maker Golden Goose, with the aim of signing the deal by Christmas, daily la Repubblica reported on Friday.

Details still need to be defined but the offer gives the luxury group an enterprise value of 10 times the core profit expected by the end of the year, debt included, the newspaper said.

Golden Goose's revenues totaled 655 million euros in 2024, with an adjusted core profit of 227 million euros.

HSG has asked veteran fashion industry executive Marco Bizzarri to become Golden Goose's future chairman, la Repubblica said, adding that the Chinese private equity aims to expand Golden Goose's directly-managed stores, particularly in Asia, and plans to list the group in the medium-term.

Last year the Venice-based company, which sells sneakers for more than 500 euros a pair, shelved plans for an initial public offering on the Milan Bourse, citing market volatility caused by political uncertainty in Europe.


Debenhams' New Pay Plan Without Vote 'Disgraceful', Says Top Investor Frasers

Debenhams logo is seen on smartphone in front of a displayed Boohoo logo in this illustration taken January 25, 2021. (Reuters)
Debenhams logo is seen on smartphone in front of a displayed Boohoo logo in this illustration taken January 25, 2021. (Reuters)
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Debenhams' New Pay Plan Without Vote 'Disgraceful', Says Top Investor Frasers

Debenhams logo is seen on smartphone in front of a displayed Boohoo logo in this illustration taken January 25, 2021. (Reuters)
Debenhams logo is seen on smartphone in front of a displayed Boohoo logo in this illustration taken January 25, 2021. (Reuters)

A move by struggling British online fashion retailer Debenhams to push ahead with a new executive pay scheme without seeking approval from investors was "utterly disgraceful", the finance chief of rival Frasers said on Thursday.

Frasers is Debenhams' biggest investor with a 29.7% stake.

Last week, Debenhams said that one of the reasons it was not asking for a shareholder vote on the new pay scheme worth up to 222 million pounds ($296 million) was because a "major competitor" investor, which it did not name, had tried to block previous resolutions.

Debenhams has been locked in a long-running tussle with Frasers, majority-owned by British retail tycoon Mike Ashley, which unsuccessfully attempted to block its rebrand and oust its co-founder.

Frasers' chief financial officer Chris Wootton said Debenhams' latest move, which could see CEO Dan Finley earn up to 148 million pounds if Debenhams' share price hits 3 pounds over the next five years, was "typical corporate governance from them, utterly disgraceful".

However, he told Reuters that if Debenhams achieved a share price of 3 pounds "shareholders will be happy."

Debenhams shares were trading at 22.25 pence on Thursday, down 3.3%.


Zara Owner Inditex Reports Strong Start to Winter Sales

FILE PHOTO: A person walks by a Zara store in Plaza de Espana in Madrid, Spain, June 11, 2025. REUTERS/Ana Beltran/File Photo
FILE PHOTO: A person walks by a Zara store in Plaza de Espana in Madrid, Spain, June 11, 2025. REUTERS/Ana Beltran/File Photo
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Zara Owner Inditex Reports Strong Start to Winter Sales

FILE PHOTO: A person walks by a Zara store in Plaza de Espana in Madrid, Spain, June 11, 2025. REUTERS/Ana Beltran/File Photo
FILE PHOTO: A person walks by a Zara store in Plaza de Espana in Madrid, Spain, June 11, 2025. REUTERS/Ana Beltran/File Photo

Zara owner Inditex said sales grew 10.6% in constant currency over the start of its fourth quarter, beating analysts' expectations for the November period that includes the crucial Black Friday sales.

The $178 billion fast fashion giant also reported on Wednesday sales of 9.8 billion euros ($11.41 billion) for its third quarter ending October 31, higher than the 9.69 billion euros expected by analysts according to an LSEG estimate.

The results from Inditex, seen as a bellwether for the global fast fashion sector, provide a first glimpse into how successful the key Black Friday sales weekend was for retailers.

The strong sales growth in the period from November 1 to December 1 compared to a year ago marked an acceleration from the nine-month currency-adjusted growth rate of 6.2%, an encouraging sign for the fourth quarter, its biggest in terms of revenues.