Serena’s Style Changed the Game in Fashion, Business

Tennis - US Open - Flushing Meadows, New York, United States - September 2, 2022 Serena Williams of the US before her third round match against Australia's Ajla Tomljanovic REUTERS/Mike Segar
Tennis - US Open - Flushing Meadows, New York, United States - September 2, 2022 Serena Williams of the US before her third round match against Australia's Ajla Tomljanovic REUTERS/Mike Segar
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Serena’s Style Changed the Game in Fashion, Business

Tennis - US Open - Flushing Meadows, New York, United States - September 2, 2022 Serena Williams of the US before her third round match against Australia's Ajla Tomljanovic REUTERS/Mike Segar
Tennis - US Open - Flushing Meadows, New York, United States - September 2, 2022 Serena Williams of the US before her third round match against Australia's Ajla Tomljanovic REUTERS/Mike Segar

From glossy magazine covers to generation-defining on-court styles, Serena Williams took a bow at the US Open on Friday, having rewritten the fashion playbook for female athletes while building an empire of her own.

The 23-times Grand Slam winner chose the bible of women's fashion, Vogue, to announce she was "evolving away from tennis," before taking to the court in her bedazzling Nike sneakers at the US Open this week under the watchful eyes of the magazine's grand dame, Anna Wintour.

The fiercely competitive queen of Queens put on a gritty performance in what is widely expected to be her final tournament, losing in the third round 7-5 6-7 (4) 6-1 to Ajla Tomljanovic with her legacy as a cultural icon firmly in place.

"Style and sport have always been closely intertwined, but no athlete embraced the power of fashion like Serena Williams," Katie Abel, executive editor of Footwear News, told Reuters.

"She’s never shied away from boundary-breaking looks, on or off the court, and always knows how to send a message, even if it’s controversial."

She famously competed in Flushing Meadows in a denim skirt in 2004 and ruffled feathers at Roland-Garros in 2018, when she wore a black catsuit to keep her circulation going after developing blood clots in the days after giving birth.

After organisers said they would ban the catsuit from their clay courts, Williams' supporters cried foul. Williams quipped to the Associated Press: "When it comes to fashion, you don’t want to be a repeat offender."

The moment was an instant classic and showed she could harness fashion to disrupt the status quo, said Katie Lebel, a researcher of gender equity in sport and assistant professor at University of Guelph.

"Sexism has been pretty pervasive when it comes to women’s clothing... The expectations around what women athletes should look like that been particularly steeped in that," she said.

"Enter Serena and she pushed back against all this. I think she really rethought (the) uniform standards for women in tennis."

Serena and her sister Venus brought Black style to the overwhelmingly white sport when they first took the court as professionals in the 1990s, facing criticism for wearing beaded braids in competition.

Williams wore the style when she won her inaugural Grand Slam in New York. Photos of daughter Olympia in identical plaits in the stands at Flushing Meadows this year were an instant sensation.

"From the moment Serena and her sister Venus stepped onto the court in their signature braids... they have been role models for Black women and aspiring female athletes everywhere," said Abel.

Williams' friendship with late Louis Vuitton artistic director Virgil Abloh resulted in one of her most memorable US. Open ensembles, a ballerina-inspired Nike kit in 2018, when she got tantalisingly close to clinching a record-equalling 24th major title but came up short in the final.

While her run at the US Open is over, her work in New York has just begun, with a "Glam Slam" preview of new looks from her S by Serena brand planned for Sept. 12 to coincide with New York Fashion Week.

And her retirement from competitive sport is expected to have little to no impact on her brand value - with Nike planning to continue its partnership with the 40-year-old. read more

"Williams may be retiring from tennis, but I’m guessing her influence on fashion is just getting started. Without her gruelling training schedule, I’d think she would have even more time and energy to focus on this category," said W Magazine Fashion Director Nora Milch.

A bona fide fashion tycoon off the court, Serena was named to the board of shopping app Poshmark in 2019, opening her own closet alongside pieces from Olympia to customers on the fashion marketplace.

Manish Chandra, founder and CEO at Poshmark, said Williams has inspired several other female entrepreneurs to sell on the app by way of her unique voice and perspective.

"As a champion of female empowerment, Serena always leads with love and helps to ensure that our Poshmark community is front and centre in everything we do," Chandra told Reuters.

"Her achievements and vision across the worlds of business, fashion and entrepreneurship made her a perfect fit for our board... She leads with humility, kindness and authenticity."



‘Something Borrowed’: Dutch Bride Opts for Recycled Wedding

Sustainable development communications specialist and bride-to-be Lara Beters and groom Mathijs Dordregter walk through a ticket gate in Utrecht train station for their wedding inside the station as part of an initiative to highlight sustainability issues, in Utrecht on April 2, 2026. (AFP)
Sustainable development communications specialist and bride-to-be Lara Beters and groom Mathijs Dordregter walk through a ticket gate in Utrecht train station for their wedding inside the station as part of an initiative to highlight sustainability issues, in Utrecht on April 2, 2026. (AFP)
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‘Something Borrowed’: Dutch Bride Opts for Recycled Wedding

Sustainable development communications specialist and bride-to-be Lara Beters and groom Mathijs Dordregter walk through a ticket gate in Utrecht train station for their wedding inside the station as part of an initiative to highlight sustainability issues, in Utrecht on April 2, 2026. (AFP)
Sustainable development communications specialist and bride-to-be Lara Beters and groom Mathijs Dordregter walk through a ticket gate in Utrecht train station for their wedding inside the station as part of an initiative to highlight sustainability issues, in Utrecht on April 2, 2026. (AFP)

"Within like 30 minutes I knew this was the one," Lara Peters said of the second-hand wedding dress she had just worn to her marriage -- in the Netherlands' busiest rail station.

Peters, 42, had found the dress two days earlier in a shop run by "Free Fashion", a Dutch foundation devoted to recycling clothing to combat waste -- a cause close to her heart.

That is why she and her 44-year-old husband Mathijs Dordregter chose sustainability as the theme of their wedding -- with the help of Free Fashion.

The organization says it is the kind of trend people everywhere will need to adopt if humankind wants to curb over-consumption and its destructive effect on the planet.

"The message that during your wedding you can also choose sustainable options is very important to me," the bride explained.

Peters works in communications in the sustainable development field, so the couple's choice to hold their wedding ceremony in the bustle of Utrecht rail station had a certain logic to it.

Nina Reimert of the Free Fashion foundation helped organize the event.

"We know that in terms of emissions... producing a wedding dress is similar to something like 250 kilometers (155 miles) by car," she told AFP.

"And they're made of all different materials so they are really hard to recycle and almost everything is polyester," she added.

With 17,000 weddings a year in the Netherlands, she explained, that adds up to a lot of emissions. "It's a nightmare."

It was to draw attention to the over-consumption inherent in many weddings that the Free Fashion foundation decided to make an online appeal to convince couples to approach the happy day from a different perspective.

For as the old saying for weddings goes: "Something old, something new; Something borrowed, something blue."

- Love me, love my planet -

For Free Fashion's co-founder Lot van Os, opting for a second-hand bridal dress -- something that is normally only worn once -- sends a strong message.

"When you celebrate love you should also celebrate love for the planet," he told AFP.

Free Fashion's team of 800 volunteers is much in demand by local councils who want to meet their targets for reducing waste and recycling.

The foundation also works with businesses, helping them organize exchanges of clothing between employees.

For van Os, this practice of exchanging rather than constantly buying new items is a habit people are going to have to acquire in the future.

This "circular transition", he says is something we are all going to have to go through. "It's not a matter of if but when we are going to change," he said.

To underline the wedding's sustainability theme, a pop-up store at the rail station offered dozens of wedding dresses, free to anyone willing to sign up to the concept.

"There are now already enough clothes in the world for the next six generations," said a sign printed outside the store.

Both the bride and the bridegroom wore second-hand outfits for the big day -- as did all their guests.

And the sustainability theme did not end there, said Peters.

Their wedding meal was vegetarian -- less harmful for the environment -- and they travelled to the venue on bikes or by public transport.

"Everything I bought for the wedding was already used at other weddings," added the bride.

As for her wedding dress, she promised: "It's not going to be hanging in my closet!"


Nike’s Turnaround Put to Test as Middle East Conflict Poses New Risks

A man walks past Nike booth with installation of shoes at the 8th China International Import Expo (CIIE) venue in Shanghai, China, November 5, 2025. (Reuters)
A man walks past Nike booth with installation of shoes at the 8th China International Import Expo (CIIE) venue in Shanghai, China, November 5, 2025. (Reuters)
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Nike’s Turnaround Put to Test as Middle East Conflict Poses New Risks

A man walks past Nike booth with installation of shoes at the 8th China International Import Expo (CIIE) venue in Shanghai, China, November 5, 2025. (Reuters)
A man walks past Nike booth with installation of shoes at the 8th China International Import Expo (CIIE) venue in Shanghai, China, November 5, 2025. (Reuters)

Nike's efforts to steady its business ‌face a fresh setback, with executives cautioning that unrest in the Middle East could further complicate the turnaround, while the sportswear giant still struggles to regain traction in China.

The company on Tuesday warned of a sharp drop in current-quarter sales and slower-than-expected progress on its turnaround, as higher trade-related costs squeeze its margins and cautious consumers rein in spending.

Shares of the company slumped 10% to $47.35 in premarket trading on Wednesday and were on track to open at their lowest in over a ‌decade.

On an earnings ‌call, Chief Financial Officer Matthew Friend said ‌the ⁠conflict in the ⁠Middle East had already disrupted shopping behavior in parts of Europe, the Middle East and Africa, contributing to softer store traffic and weaker sportswear sales.

"The Middle East conflict is compounding the pressure, with Nike flagging traffic disruption and elevated inventory across EMEA," said Josh Gilbert, market analyst at eToro.

Nike CEO Elliott Hill, ⁠who took the helm in 2024, has ‌been looking to steady the company ‌as it grapples with several challenges, including a sluggish digital business, ‌stubborn excess inventory and intensifying competition from Chinese sportswear brands.

To boost ‌margins and bolster investor confidence, Hill has moved to rein in promotions, sharpen product innovation and refocus the business on core franchises such as running.

The efforts showed some signs of improvement in the ‌reported quarter, with the running category growing over 20%, but analysts still see a long road ⁠ahead for ⁠Nike.

At least eight brokerages cut their price target on the stock.

"We are turning at least somewhat frustrated, with seemingly slower than planned pace of recovery," Oppenheimer analyst Brian Nagel said.

The company's forward price-to-earnings multiple, a common benchmark for valuing stocks, is 25.47, compared with 13.54 for Adidas and Under Armour's ratio of 25.72, according to LSEG data.

"These earnings show Nike is keeping pace at a steady jog, but it keeps tripping over hurdles along the way," eToro's Gilbert added.

"Patience is clearly the price of admission."


From Plastic Jars to Transport, Iran War Drives up Beauty Industry Costs

Visitors browse stalls at the beauty industry Cosmoprof trade show, in Bologna, Italy, March 26, 2026. Picture taken with a mobile phone. (Reuters)
Visitors browse stalls at the beauty industry Cosmoprof trade show, in Bologna, Italy, March 26, 2026. Picture taken with a mobile phone. (Reuters)
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From Plastic Jars to Transport, Iran War Drives up Beauty Industry Costs

Visitors browse stalls at the beauty industry Cosmoprof trade show, in Bologna, Italy, March 26, 2026. Picture taken with a mobile phone. (Reuters)
Visitors browse stalls at the beauty industry Cosmoprof trade show, in Bologna, Italy, March 26, 2026. Picture taken with a mobile phone. (Reuters)

The Iran war is seeping into the cosmetics supply chain, pushing up the cost of everything from plastic jars and lipstick tubes to transport, and reminding the beauty industry that even a tub of face cream depends on fragile global trade routes.

Cost pressures were a recurring theme last week at one of the sector's largest trade fairs in the northern Italian city of Bologna, as executives watched Iran's blockade of the vital Strait of Hormuz shipping route approach a fifth week.

The Cosmoprof fair drew 3,100 exhibitors from 68 countries and 255,000 visitors from 150 nations, ranging from companies seeking packaging solutions to retailers scouting new products.

Cosmetics companies are primarily worried about higher raw material and transport costs due to rising oil prices ‌and disrupted shipping, five ‌industry executives told Reuters.

"We are beginning to see cost increases driven ‌by ⁠energy price inflation, compounded ⁠by delivery delays," said Simone Dominici, CEO of Italian cosmetics group Kiko, who estimates additional logistics-related costs of about 1.5 million euros ($1.7 million) for the group over the year.

Kiko, which sells lipsticks starting at 5 euros and mascaras from 7.5 euros, operates more than 1,000 stores worldwide.

"With so many containers stuck in the Middle East, there is a tighter container availability ... and goods are not being moved efficiently," Dominici said, adding that higher prices for some chemical components and packaging - much of it sourced from the ⁠Far East - would add further pressure.

As the Iran crisis upends supply ‌chains, Yonwoo, a container maker for L'Oreal and K-beauty firms, ‌said it was scrambling to secure stocks of plastic resin to manufacture the pots used for skincare and cosmetics.

ALTERNATIVE ‌ROUTES

Beyond higher costs, the industry could also face softer demand from consumers whose purchasing power ‌is being eroded by inflation, Dominici said.

"It's the perfect storm," he warned.

Milan-listed Intercos and privately owned Ancorotti Group, among Italy's largest contract manufacturers in the sector, said they had not yet faced major supply shortages but cited higher logistics costs, longer delivery times and rising raw material prices as challenges.

"Lead times have lengthened as routes have ‌become longer and ports more congested. What once took eight weeks now can take 12 to 14 weeks," said Ancorotti Chief Executive Roberto ⁠Bottino.

Some clients have turned ⁠to rail transport to reach Asia, Bottino added.

Ancorotti Group makes around 220 million euros in revenues per year from selling products to beauty brands worldwide.

Bottino said it was difficult to imagine supply-chain cost increases not ultimately being passed downstream.

"Middle East customers value quality and are willing to pay a premium for added value, so being unable to access these markets can have a negative impact," said Fabio Franchina, chairman of haircare products maker Framesi.

Franchina said the company's distributor in the region was exploring alternative delivery routes.

"They are looking at ... (options such as) shipping to Jeddah and then moving goods by road instead of routing them through Gulf ports," he said.

Some goods are currently being shipped by air rather than by sea, he added, further lifting costs.

Italy produced 18 billion euros of cosmetics in 2025, including 8.4 billion euros in exports, according to industry body Cosmetica Italia, making the country the world's fifth-largest exporter of beauty products and one of the leading producers of hair dyes, eye make-up and fragrances.