Balenciaga’s Gvasalia Throws Spotlight on Ukraine

Demna Gvasalia attends the 2017 CFDA Fashion Awards at Hammerstein Ballroom in New York City. (Getty Images)
Demna Gvasalia attends the 2017 CFDA Fashion Awards at Hammerstein Ballroom in New York City. (Getty Images)
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Balenciaga’s Gvasalia Throws Spotlight on Ukraine

Demna Gvasalia attends the 2017 CFDA Fashion Awards at Hammerstein Ballroom in New York City. (Getty Images)
Demna Gvasalia attends the 2017 CFDA Fashion Awards at Hammerstein Ballroom in New York City. (Getty Images)

Balenciaga creative director Demna Gvasalia threw the spotlight on the war in Ukraine, recalling his personal trauma as a refugee from Georgia at his winter show in Paris.

Guests were greeted with Ukrainian flag T-shirts and a note explaining that the war had triggered the pain of trauma the designer had carried since 1993, when "the same thing happened in my home country and I became a forever refugee".

"We, as a brand, have to do something ... we cannot take weapons and go fight there, but we can use our voices," Gvasalia told Reuters in an interview after the Paris Fashion Week presentation.

His show featured models marching through a blustery, glass-encased runway with swirling snow.

It kicked off with a woman in a black cape-like dress, swinging a sac resembling a stuffed plastic garbage bag. Others followed, walking against the wind in wide-leg trousers, oversize hoodies and floral-printed outfits.

An influential designer, Gvasalia played a central role in the rise of streetwear styles and is known for powerful runway presentations.

The designer said he had spent two years in Ukraine after the war in Georgia, where he still has family, before settling in Germany. Georgia, a former republic in the Soviet Union, was plunged into civil war after the break up of the bloc in 1991.

“When you go through war, you never forget that,” said the designer, whose native language is Russian.

Earlier this week, the Kering-owned label erased all images from its Instagram feed, which counts 12.8 million followers, leaving only an image of the Ukrainian flag, explaining that the platform would be used solely for relaying information about the situation in Ukraine.

Kering on Friday announced the suspension of operations in Russia, temporarily shutting its two stores there.



Report: L'Oreal in Talks to Buy Migros’ South Korean Cosmetic Unit

The logo of French cosmetics group L'Oreal is seen on a company building in Paris, France, February 7, 2024. (Reuters)
The logo of French cosmetics group L'Oreal is seen on a company building in Paris, France, February 7, 2024. (Reuters)
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Report: L'Oreal in Talks to Buy Migros’ South Korean Cosmetic Unit

The logo of French cosmetics group L'Oreal is seen on a company building in Paris, France, February 7, 2024. (Reuters)
The logo of French cosmetics group L'Oreal is seen on a company building in Paris, France, February 7, 2024. (Reuters)

French cosmetics giant L'Oreal is in final talks to acquire the South Korean skincare business Gowoonsesang Cosmetics owned by Mibelle Group, a unit of Swiss retailer Migros, according to two sources with knowledge of the deal.

An announcement could be made as soon as Monday, one of the people said.

A spokesperson for Migros said it did not comment on market rumors. L'Oreal did not respond to multiple requests for comment.

Mibelle acquired its stake in South Korean Gowoonsesang Cosmetics, which sells skin care products under the Dr.G brand, in 2018.

In February, Migros announced a strategic review for Mibelle Group, saying it wanted to find a new owner for the business.

Mibelle produces cosmetics for its own brands, including Dr.G, Imbue., Lee Stafford, and Mine, as well as for other brands, according to its website.

Dr.G is the No. 1 facial care line in the Korean dermocosmetics market, according to the Mibelle website.

Spanish investment bank Alantra was hired as adviser after the strategic review, to look for buyers for the business, one of the sources said.

A spokesperson for Alantra declined to comment.

Mibelle employs 1,615 people in five countries, with revenues of 661 million Swiss francs ($739.04)in 2023, according to its website.