Kim Kardashian Culls Dolce & Gabbana Archives for Milan Show

A model presents a creation for Dolce & Gabbana's Women's Spring Summer 2023 fashion collection on September 24, 2022 as part of the Fashion Week in Milan. (AFP)
A model presents a creation for Dolce & Gabbana's Women's Spring Summer 2023 fashion collection on September 24, 2022 as part of the Fashion Week in Milan. (AFP)
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Kim Kardashian Culls Dolce & Gabbana Archives for Milan Show

A model presents a creation for Dolce & Gabbana's Women's Spring Summer 2023 fashion collection on September 24, 2022 as part of the Fashion Week in Milan. (AFP)
A model presents a creation for Dolce & Gabbana's Women's Spring Summer 2023 fashion collection on September 24, 2022 as part of the Fashion Week in Milan. (AFP)

Kim Kardashian took Milan by storm on Saturday, curating a new collection for Dolce & Gabbana that took inspiration from 20 years of archival looks.

It was a day of debuts in Milan, including Maximilian Davis, a 27-yeaer-old British designer with Afro-Caribbean roots, at the creative helm of Salvatore Ferragamo and Filipino American designer Rhuigi Villasenor at Bally, as the brand returns to the runway for the first time in 20 years.

Some highlights from the fourth day of Milan Fashion Week previews of mostly womenswear for next spring and summer:

Kim Kardashian and Dolce & Gabbana: The backstory
Kim Kardashian’s love of Dolce & Gabbana goes way back, and the affection showed in her curation of their latest collection, drawing on archival looks from 1987-2007.

She remembers growing up watching her mother dress in Dolce & Gabbana for date nights with her stepfather, recalling “she always looked so smart and so strong.”

One year, Kardashian’s borrowed one of her mom’s black Dolce & Gabbana dresses with a built-in bra and choker to wear for a family Christmas card, a look, she said, “I will never forget.”

When Kardashian and her sisters owned a store, she borrowed her father’s credit card to buy a bunch of D&G dresses, jeans and belts before her paycheck came in.

Even the family dogs were named Dolce and Gabbana. Gabbana was a black labrador, Dolce a tiny chihuahua.

“It is very close to reality,” Stefano Gabbana quipped in a presentation for the new collection.

But no matter how hard she tried, even deploying her mother, Kris Jenner, to help make her case, the designers refused to open their archives. “The past is the past,” Domenico Dolce explained. “We try to go ahead with the new generation.”

That is, until Kardashian proved she had the right stuff.

When Kourtney Kardashian married Travis Barker in Italy, social media swarmed with the vintage Dolce & Gabbana dresses she and her sisters wore. They were all from Kim Kardashian’s private collection, which she accrued with the help of a book of more than 100 desired Dolce & Gabbana looks she and her stylist compiled years before.

“Everything looked insane. It was so fun,” Kardashian said of the wedding looks. “I think (the designers) were surprised I came with all my own stuff and I had been collecting it for years.”

Dolce said the wedding photos persuaded them to dig into the archives, and he approached Kardashian about the project.

“We were afraid that the vintages dresses would look old. Instead, they were still contemporary,” Dolce said.

And so the new Spring-Summer 2023 collection was born, with the designers selecting looks from the past that they loved, many with memories attached working with models like Linda Evangelista and Monica Bellucci. Kardashian curated from there.

“After all these years, this is all of the stuff we would wear today,” Kardashian said. “As a designer, I would just think that is so cool, to see everyone trying to emulate the looks. And why not do a full collection, obviously with some new pieces in there, but just reimagined in a way that we would wear it today, which is so similar to how it was shot and worn back then.”

Hashtag ciao,Kim at Dolce & Gabbana

Designers Dolce and Gabbana presented their Spring-Summer 2023 collection curated by Kim Kardashian against the backdrop of a film showing Kardashian, styled as a starlet, sensually eating a plate of pasta.

And indeed, Kardashian’s curation showed her full embrace of Dolce & Gabbana’s Italian roots.

“You just don’t take shit from anyone when you are here and wearing Dolce & Gabbana,” Kardashian told reporters. “You feel powerful, and strong and sexy at the same time.”

Lingerie strongly inspired the collection. There were corsets, incorporated bras and bodysuits, employing all of the designer’s best tricks, from rigid bones for structural elements, to pretty lace and eye-catching crystals. They were worn with gartered stockings and long gloves, or under beautiful wraps.

Kardashian adhered to a mostly neutral palette: black, gray and beige, with some burgundy. And she the drew the line at prints, completely rejecting the brand’s fruits and florals, causing Gabbana to lament: “She killed me. I said ‘Noooo!’”

But she went all in on the leopard.

“I would say the boys brought out the leopard in me,” Kardashian said. “I think you will see that for me, color is the crystals.’’

The collection was designed with women of all ages and shapes in mind, Kardashian said, with the goal of simplifying designs to help some of the more ornate pieces feel less intimidating.

“If you simplify it, more people can feel confident wearing it. And I think we really achieved that in the show,” she said.

Kardashian’s mom, three of her children and sister Khloe sat in the front row. Proud mamma Kris Jenner filming the entire show on her phone.

Jil Sander’s tranquility
Jil Sander created a tranquil island in Milan’s chaotic fashion week, filling a temporary show space in a distant field with a thicket of wildflowers and grasses, along with soothing pastels and forgiving silhouettes.

The collection lends itself to easy layering and defies all gender stereotypes. Creative directors Lucie and Luke Maier continued to dabble in embellishments, adding sequins, feathers and metallic accents to the brand’s minimalist silhouette.

Sleeveless suiting worked across genders, and men wore long pastel kilts with button-down shirts. Knitwear was distressed, with rough edges and slits, in both tops and dresses. The designers chose a single print, featuring blurry points of light.

Models carried umbrellas to protect the looks from the seasonal rainfall -- inconvenient for an outdoor show but welcome in Italy after months of drought.

Ferragamo’s new dawn
Maximilian Davis created a vermillion red background for his Salvatore Ferragamo debut in the courtyard of a 17th century baroque and neoclassical palace — all the better to highlight the fashion house’s new direction.

The 27-year-old British designer worked strong silhouettes and simple elements, like tank tops and leggings, or full-on bodysuits, all the better to highlight the bag of the season, oversized cutout bags in highly polished leather with a canvas interior. Dresses were slinky in solid colors or flowing chiffon in degradé prints; a red trouser and skin-tight top combo popped with crystals. Strappy sandals featured a distinctive circular heel.

The male silhouette was challenged with an off-shoulder, sheer ombre dyed top, the colors an homage to the California sunset. Davis tapped Ferragamo’s leather heritage with boyishly short leather shorts paired with a leather blazer. Any male divo can make a red-carpet entrance with a silver sheer off-shoulder top that flows dramatically into a trailing scarf.

Models trod across red sand that covered the entire courtyard, a reference to Ferragamo’s Hollywood origins near the California beaches, and Davis’ own Caribbean heritage.

The sea and the sand mean for him “a place where you can go to reflect, and feel at one,” he said. “I wanted to show that perspective, but now through the Ferragamo lens.”

Super model Naomi Campbell turned out for the debut.

Bally rebooted
Filippino American designer Rhuigi Villasenor, best known for his US streetwear brand, is seeking to drive a transition at the storied Swiss brand Bally, founded in 1851.

His debut collection paid tribute to the brand’s heritage of quiet elegance, while introducing an edge. A plunging V-neck swimsuit was worn with snakeskin boots, while a long beaded skirt featured a waist-high slit and was paired casually with a denim top. For him, a flashy reptile leather jacket was worn with a mesh top and jeans, but there was also a dark blue double-breasted suit for more formal business occasions.

Villasenor said he was inspired by “the brand’s codes around art, graphic design, architecture and nature.”

Bottega Veneta’s tromp l’oeuiel
To the uninitiated, Kate Moss looked downright dressed down on the Bottega Veneta runway, in a pair of loose jeans and a plaid shirt. But that is the genius of designer Matthieu Blazy, who replayed a trick from his first season, showing leather pants that replicate the look of jeans.

Every piece in Blazy’s sophomore collection was strong: from the intarsia knitwear that have ice blue and red vying for the starring role, to the leather shift dresses and jackets with unexpected folds, to the shredded leather skirts and dresses, and sheer dresses embellished with velvety floral appliques.

At Bottega Veneta, leather is king. Bags include beautifully crafted fishing bags that fit neatly on the body, either in flat leather or a basket weave, to bucket-bags worn flung over the shoulder.

Blazy collaborated with Italian architect and designer Gaetano Pesce on the sculptural resin runway and 400 unique chairs, some with hand drawings, used for guests at the show and destined for Design Miami.



Online Retailer Shein Is Latest to Face Strict European Union Digital Regulations

 26 April 2024, Spain, Madrid: Shein Accessories are pictured in an ephemeral store during its opening at ABC Serrano in Madrid. (dpa)
26 April 2024, Spain, Madrid: Shein Accessories are pictured in an ephemeral store during its opening at ABC Serrano in Madrid. (dpa)
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Online Retailer Shein Is Latest to Face Strict European Union Digital Regulations

 26 April 2024, Spain, Madrid: Shein Accessories are pictured in an ephemeral store during its opening at ABC Serrano in Madrid. (dpa)
26 April 2024, Spain, Madrid: Shein Accessories are pictured in an ephemeral store during its opening at ABC Serrano in Madrid. (dpa)

Online fast-fashion retailer Shein must face the European Union's strictest level of digital regulations, the bloc said on Friday as it added the company to its list of big platforms that need extra scrutiny.

The EU's Executive Commission said it formally classed Shein as a “very large online platform” under the 27-nation bloc's Digital Services Act, an expansive rulebook designed to clean up online platforms and keep internet users safe.

Shein is a low-cost online retailer that was founded in China but is now based in Singapore. It reaches customers mainly through its app. The company said it will “work constructively” to "deliver a safe and compliant environment for our online community.”

“We share the Commission’s ambition to ensure consumers in the EU can shop online with peace of mind, and we are committed to playing our part," Leonard Lin, Shein's global head of public affairs, said in a statement. “We also share a commitment to the principles of transparency and accountability that are at the core of the DSA."

Shein has had a meteoric rise in the West by offering low-cost apparel and household items, primarily targeting younger women through social media partnerships with online influencers and celebrities.

Because it has more than 45 million European users, Shein has to start obeying the most stringent requirements by August. They include taking specific measures to protect online users and assessing and mitigating any “systemic risks” from its services, such as limiting the sale of illegal or counterfeit products.

Shein's obligations also include adjusting its user interfaces and recommendation algorithms to prevent risks to consumer safety and well-being, and filing annual risk assessment reports evaluating potential harm to consumers, especially children, the commission said.

The EU already has 22 tech names including Facebook, TikTok, YouTube, Instagram, Amazon and Google Search on its list of the biggest online services that need the toughest tier of supervision since the DSA took effect last year.

Other online services operating in the EU aren't exempt - they still have to comply with the law's general requirements. Violations are punishable by fines of up to 6% of a company's annual worldwide revenue.


Hermes Q1 Sales Jump 17% on Growth Across Regions

(FILES) An employee holds a USD129,000 crocodile Hermes Birkin Bag for the press to see during a private opening for the new Hermes store on Wall Street in New York 21 June 2007. (Photo by Timothy A. CLARY / AFP)
(FILES) An employee holds a USD129,000 crocodile Hermes Birkin Bag for the press to see during a private opening for the new Hermes store on Wall Street in New York 21 June 2007. (Photo by Timothy A. CLARY / AFP)
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Hermes Q1 Sales Jump 17% on Growth Across Regions

(FILES) An employee holds a USD129,000 crocodile Hermes Birkin Bag for the press to see during a private opening for the new Hermes store on Wall Street in New York 21 June 2007. (Photo by Timothy A. CLARY / AFP)
(FILES) An employee holds a USD129,000 crocodile Hermes Birkin Bag for the press to see during a private opening for the new Hermes store on Wall Street in New York 21 June 2007. (Photo by Timothy A. CLARY / AFP)

Birkin bag maker Hermes reported a 17% surge in first-quarter sales on Thursday, sustaining a rapid growth rate from the previous quarter and underlining strong demand for high end luxury.
Sales rose to 3.81 billion euros ($4.08 billion) for the three months to March 31 and beat expectations for a 13% rise, according to consensus provider Visible Alpha.
One of the most consistent performers in the luxury goods sector, Hermes is known for its ability to maintain strong growth even in the face of deteriorating economic conditions.
Its first-quarter growth far outpaced larger rival LVMH , underlining the strength of businesses operating in the top end of the market and defying broader weakness in key market China.
Sales updates from several leading luxury groups including LVMH and Kering have offered little reassurance that Chinese demand for high-end fashion is bouncing back, Reuters reported.
Hermes, which sells handbags priced at more than $10,000, said its sales in Asia excluding Japan grew 14%, and all other regions reported double-digit rises.
The company saw "slightly softer" traffic in China in March following the Chinese New Year holiday, Eric du Halgouet, executive vice-president finance, told journalists.
However strong demand from wealthier clients offset a reduction in purchases by those seeking more affordable silk items and fashion accessories, he said.


Prada Outshines Rivals with 16% Revenue Lift Boosted by Miu Miu

The logo of fashion house Prada is seen outside a shop in Milan, Italy, April 8, 2024. (Reuters)
The logo of fashion house Prada is seen outside a shop in Milan, Italy, April 8, 2024. (Reuters)
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Prada Outshines Rivals with 16% Revenue Lift Boosted by Miu Miu

The logo of fashion house Prada is seen outside a shop in Milan, Italy, April 8, 2024. (Reuters)
The logo of fashion house Prada is seen outside a shop in Milan, Italy, April 8, 2024. (Reuters)

Italy's Prada defied a slowdown across the luxury sector in the first quarter, reporting booming demand for its high fashion brand Miu Miu and continued growth in Asia.

Family-owned Prada on Wednesday reported sales up 16% to 1.19 billion euros ($1.27 billion) at constant exchange rates, slightly above a 1.14 billion euro consensus cited by analysts.

Its performance contrasts with that of Gucci-owner Kering. The French group on Tuesday forecast a 40% to 45% plunge in first-half operating profit, after first-quarter sales declined. LVMH's sales grew 3% in the first quarter.

For Prada, Europe and Asia Pacific, and in particular Japan, drove the sales growth, while the Americas lagged.

In a post-results conference call Prada echoed comments of other luxury brands saying Chinese shoppers were travelling more and spending more abroad in places like Japan and Europe, reducing sales at home in the holiday period.

Among its brands, flagship label Prada's retail sales grew by 7% in the January-March period, while Miu Miu, which contributes around 15% of total sales, posted an 89% increase.

"Over the first quarter, we delivered a solid performance in a more challenging market environment," Prada Group Chairman Patrizio Bertelli said in a statement.

"While the industry is experiencing new dynamics, we retain our ambition to deliver solid, sustainable and above market growth," Chief Executive Andrea Guerra said.

Guerra told an analyst call that the luxury industry had entered a new phase where strong creativity and a brand's positioning and desirability would drive performance.

He added that the sales trend in April was similar to that seen in the first quarter.

A dual listing, which was expected in Milan, is still on the agenda though not a priority at the moment, CFO Andrea Bonini told analysts, dismissing a press report about a possible triple listing.

The group is not planning to add additional shops this year, while 10-15 store openings for Miu Miu are slated for 2025, and five to 10 for Prada.

Prada shares rose 2.2% on the Hong Kong stock exchange before the results. Since the beginning of January the stock has risen around 37%.


From Milan to Riyadh... Marangoni International Institute to Open in 2025

Officials are seen at the press conference on Tuesday. (Photo: Turki al-Okaili)
Officials are seen at the press conference on Tuesday. (Photo: Turki al-Okaili)
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From Milan to Riyadh... Marangoni International Institute to Open in 2025

Officials are seen at the press conference on Tuesday. (Photo: Turki al-Okaili)
Officials are seen at the press conference on Tuesday. (Photo: Turki al-Okaili)

Istituto Marangoni, one of the top fashion universities in Milan, unveiled a strategic partnership with the Saudi Fashion Commission to establish an institute in Riyadh in 2025.

The announcement came during a press conference in the Saudi capital on Tuesday, in the presence of Deputy Minister of Culture Hamed bin Mohammed Fayez.

According to a statement, the institute’s mission in the Kingdom is to open new horizons for developing local talent, empowering women, and enhancing employment with the aim to transform the fashion sector into a dynamic market for young consumers and innovators in the digital world. The institute will be accredited by the Saudi Technical and Vocational Training Corporation (TVTC).

The institute aims to provide academic services designed to boost career paths in the fields of fashion, business and luxury management. The main academic program includes a 3-year advanced diploma, and is available in specific basic areas, such as fashion product design and management, creative direction, perfume and cosmetics management and interior design.

Officials underlined the importance of this partnership, which they said reflected efforts to bolster foreign investments in the Kingdom.

In remarks to Asharq Al-Awsat, Chief Executive Officer of the Fashion Commission of Saudi Arabia's Ministry of Culture Burak Cakmak said the partnership with the Marangoni Institute was a good indicator of the foreign investors’ interest to work in the fashion sector in the Kingdom.

He added that the authority has worked over the past three years on many aspects to empower the sector, including identifying local brands, providing programs to professionalize business, and supporting talent at the international and local levels, leading to the launch of Fashion Week in Riyadh in October last year.

Managing Director of Istituto Marangoni Stefania Valenti explained that Saudi Arabia’s Vision 2030 has encouraged the institute to work with the Kingdom, pointing to the presence of a consistent program led by the Saudi Fashion Commission.

Moreover, she added that the growth of local and international brands in the Saudi market requires ready creative management.


Kering’s Shares Dive 9% as Gucci Falters 

A logo of fashion house Gucci is seen outside a shop in Paris, France, April 15, 2024. (Reuters)
A logo of fashion house Gucci is seen outside a shop in Paris, France, April 15, 2024. (Reuters)
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Kering’s Shares Dive 9% as Gucci Falters 

A logo of fashion house Gucci is seen outside a shop in Paris, France, April 15, 2024. (Reuters)
A logo of fashion house Gucci is seen outside a shop in Paris, France, April 15, 2024. (Reuters)

Shares in French luxury group Kering fell by as much as 9.3% in early trade on Wednesday, to their lowest level in over 6 years, as the market digested news of a likely 40%-45% plunge in first-half operating profit.

First-quarter sales at Kering declined 10%, the company reported after the market close on Tuesday, as wealthy shoppers curbed spending on products from its star label Gucci, reflecting a wider slowdown in luxury buying.

In the all-important Chinese market, a property crisis and high youth unemployment have weighed on Chinese shoppers' appetite for high end fashion and the company does not expect much improvement in the second quarter, company executives told analysts.

So far this year, Kering's share price has lost around a fifth of its value.

Its dive on Wednesday to the lowest level since October 2017 put it on track for the biggest one-day drop since March 20, a day after a previous warning from Kering that dashed hopes it had stemmed sales declines at Gucci.

The century-old Italian fashion house, which accounts for half of group sales and two-thirds of profit, is undergoing an overhaul. Executives are seeking to reignite sales with an aesthetic reset, led by creative director Sabato de Sarno, and including an emphasis on leather goods.

Executives say that early products from the new Ancora collection, which include glossy Jackie bags and chunky, platform loafers, have been well received, but stores will not be fully stocked with the products until later this year.

Kering's performance dragged down other luxury companies, with Burberry - which is also revamping its brand - down 3%, while shares of larger rivals LVMH and Hermes were slightly lower, down 0.5% and 0.2% respectively.

While management is positive about margin recovery in the second half as the new Gucci collection becomes more available, analysts at JPMorgan said the execution risk was high.

"We think it is too early to turn more constructive on this turnaround journey," they said.


Russia Approves Deal for Hugo Boss to Sell Russian Business

A man walks his dog in a meadow, set in spring colors, outside Moscow, Russia, 23 April 2023. EPA/MAXIM SHIPENKOV
A man walks his dog in a meadow, set in spring colors, outside Moscow, Russia, 23 April 2023. EPA/MAXIM SHIPENKOV
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Russia Approves Deal for Hugo Boss to Sell Russian Business

A man walks his dog in a meadow, set in spring colors, outside Moscow, Russia, 23 April 2023. EPA/MAXIM SHIPENKOV
A man walks his dog in a meadow, set in spring colors, outside Moscow, Russia, 23 April 2023. EPA/MAXIM SHIPENKOV

Russia's government commission on foreign asset sales has approved a deal for German fashion house Hugo Boss to sell its Russian business to retailer Stockmann, Interfax reported on Wednesday, citing a government official.
Hugo Boss did not immediately respond to a request for comment.
Hugo Boss, along with many retailers, temporarily suspended its retail business operations in Russia soon after Moscow dispatched its army to Ukraine in February 2022. It also said it had paused its e-commerce activities in the Russian market and stopped advertising.
Interfax cited Deputy Minister of Industry and Trade Viktor Yevtukhov as saying that the government commission had approved the sale, with one of the conditions being all jobs are preserved.
The deal is expected to close in the third quarter of this year, Interfax reported.


Italian Fashion House Valentino Suffers Drop in Profit in 2023

The logo of fashion house Valentino is seen outside a shop in Milan, Italy, April 8, 2024. REUTERS/Claudia Greco
The logo of fashion house Valentino is seen outside a shop in Milan, Italy, April 8, 2024. REUTERS/Claudia Greco
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Italian Fashion House Valentino Suffers Drop in Profit in 2023

The logo of fashion house Valentino is seen outside a shop in Milan, Italy, April 8, 2024. REUTERS/Claudia Greco
The logo of fashion house Valentino is seen outside a shop in Milan, Italy, April 8, 2024. REUTERS/Claudia Greco

Operating profit at Italian fashion house Valentino dropped 18% last year, to 99 million euros ($105.7 million), the company said on Tuesday.
Last year French luxury group Kering, which is struggling to revive sales at its star brand Gucci, bought a 30% stake in Valentino, with an option to purchase the whole of company's share capital by 2028.
Valentino added its 2023 revenues dropped 3% at constant exchange rate, to 1.35 billion euros ($1.44 billion).
Earlier this year Valentino hired former Gucci designer Alessandro Michele as creative director, after the departure of longtime incumbent Pierpaolo Piccioli.
Direct sales, which include e-commerce and represents 66% of total sales, rose 3% last year, boosted by a positive performance in Asia Pacific and Japan, the company said.
The second half of the year was challenging for the European market, while the Americas showed "encouraging signs" in the same period, the fashion house added.


British Retailer JD Sports to Buy US Rival Hibbett for $1.08 Billion

FILE PHOTO: JD Sports logo is seen on the exterior of a store in London, Britain, November 17, 2021. REUTERS/May James/File Photo
FILE PHOTO: JD Sports logo is seen on the exterior of a store in London, Britain, November 17, 2021. REUTERS/May James/File Photo
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British Retailer JD Sports to Buy US Rival Hibbett for $1.08 Billion

FILE PHOTO: JD Sports logo is seen on the exterior of a store in London, Britain, November 17, 2021. REUTERS/May James/File Photo
FILE PHOTO: JD Sports logo is seen on the exterior of a store in London, Britain, November 17, 2021. REUTERS/May James/File Photo

JD Sports Fashion has proposed to buy American athletic-fashion retailer Hibbett Inc for about $1.08 billion, the companies said on Tuesday, as the British sportswear retailer expands across the southeastern US.
JD Sports, Britain's largest sportswear retailer, will pay $87.50 per Hibbett share in cash, representing a premium of about 20% to the US firm's last closing price.
The Bury, Greater Manchester-based company said it expects to fund the deal and refinance Hibbett's existing debt through its existing US cash resources of $300 million and a $1 billion extension to its existing bank facilities.
The enlarged group would have combined revenues of about 4.7 billion pounds ($5.80 billion) in North America, JD Sports said, adding that the region's contribution to total sales would increase to about 40% from the current 32%.


Apparel Maker Gildan Recommends Two Browning West Nominees to Board

Representation photo: A model presents a creation from the Fall/Winter 2023/2024 Collection by British designer Kim Jones for Dior fashion house during the Paris Fashion Week, in Paris, France, 20 January 2023. (EPA)
Representation photo: A model presents a creation from the Fall/Winter 2023/2024 Collection by British designer Kim Jones for Dior fashion house during the Paris Fashion Week, in Paris, France, 20 January 2023. (EPA)
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Apparel Maker Gildan Recommends Two Browning West Nominees to Board

Representation photo: A model presents a creation from the Fall/Winter 2023/2024 Collection by British designer Kim Jones for Dior fashion house during the Paris Fashion Week, in Paris, France, 20 January 2023. (EPA)
Representation photo: A model presents a creation from the Fall/Winter 2023/2024 Collection by British designer Kim Jones for Dior fashion house during the Paris Fashion Week, in Paris, France, 20 January 2023. (EPA)

Gildan Activewear recommended the election of two Browning West nominees to its board on Monday, ahead of its annual and special shareholder meeting on May 28.
The Canadian clothing maker's board has been clashing with activist fund Browning West, which owns 5% of Gildan, following the ouster of co-founder and CEO Glenn Chamandy in December, Reuters said.
In January, Browning West escalated its fight with Gildan, expanding its list of board candidates to eight from five and called an annual and special shareholder meeting amid the ongoing dispute to replace a majority of its board members and reinstate Chamandy as CEO.
On Monday, the board recommended the election of Karen Stuckey and J.P. Towner, nominated by Browning West. It also appointed five new independent directors to its board effective May 1, 2024.
Gildan had said in March its board decided to put the company up for sale and is in talks with multiple bidders.
The company added on Monday that external interest in an acquisition persists and the process is ongoing.


Louis Vuitton Holds 'Voyager' Fashion Show in Shanghai

A logo of Louis Vuitton is displayed on a Louis Vuitton store on the Champs-Elysees avenue in Paris, France, March 30, 2024. (Reuters)
A logo of Louis Vuitton is displayed on a Louis Vuitton store on the Champs-Elysees avenue in Paris, France, March 30, 2024. (Reuters)
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Louis Vuitton Holds 'Voyager' Fashion Show in Shanghai

A logo of Louis Vuitton is displayed on a Louis Vuitton store on the Champs-Elysees avenue in Paris, France, March 30, 2024. (Reuters)
A logo of Louis Vuitton is displayed on a Louis Vuitton store on the Champs-Elysees avenue in Paris, France, March 30, 2024. (Reuters)

Louis Vuitton debuted its newly-labeled "Voyager" traveling show in Shanghai on Thursday night, showing off asymmetric hemlines and boxy leather vests in the country that is one of the brand's key markets.
More than 1,000 invitees, including international celebrities like Cate Blanchett and local stars such as Zhou Dongyu and Jackson Wang, took in the pre-fall collection designed by women's artistic director Nicolas Ghesquière, Reuters said.
The show was held in the cavernous concrete expanse of the Atelier Deshaus-designed Long Museum, in the riverside West Bund art district. It included pieces made in collaboration with Beijing-based artist Sun Yitian, who painstakingly paints photographs of inflated plastic animals, including ducklings, cats and rabbits. Reprints of her works were incorporated into the opening designs of the show.
In the days leading up to the show, images of Sun's work popped up around Shanghai, China's most international city, projected onto the exterior of malls and plastering walls in hip shopping and lifestyle districts.
For Louis Vuitton, the largest luxury brand in the LVMH stable, China continues to represent one of the world's most important luxury opportunities, even as a broader economic slowdown and consumer malaise stymie growth.
LVMH said on Tuesday that year-on-year sales for the quarter ending in March rose 3% on an organic basis, but purchases by Chinese shoppers globally grew 10%.
Last year, Louis Vuitton's men's line, helmed by Pharell Williams, staged a large-scale show in Hong Kong.