Matty Bovan Energizes Milan Fashion, Armani Offers Elegance

Models wear creations as part of the Benetton women's Spring Summer 2023 collection presented in Milan, Italy, Sunday, Sept. 25, 2022. (AP Photo/Alberto Pezzali)
Models wear creations as part of the Benetton women's Spring Summer 2023 collection presented in Milan, Italy, Sunday, Sept. 25, 2022. (AP Photo/Alberto Pezzali)
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Matty Bovan Energizes Milan Fashion, Armani Offers Elegance

Models wear creations as part of the Benetton women's Spring Summer 2023 collection presented in Milan, Italy, Sunday, Sept. 25, 2022. (AP Photo/Alberto Pezzali)
Models wear creations as part of the Benetton women's Spring Summer 2023 collection presented in Milan, Italy, Sunday, Sept. 25, 2022. (AP Photo/Alberto Pezzali)

Milan Fashion Week closed Sunday after five days of mostly womenswear previews that celebrated diversity and renewal, with more designers of color represented than ever and a host of new talent making their debuts at major fashion houses.

The Italian fashion council was promoting sustainability with the return of the Green Carpet awards Sunday night recognizing progress in practices that reduce waste in the industry and its carbon footprint.

Even while the fashion world was raising awareness about sustainability, this season’s calendar presented unsustainable trajectories between shows, forcing the fashion crowd to travel back and forth, multiple times in one day, in an already gridlocked city. Even biking proved a challenge with few bike lanes on the routes.

Fashion week closed as Italians went to the polls for an unseasonal parliamentary election.

Giorgio Armani voted early, even as he prepared the finishing touches on his runway show and to appear at the Green Carpet Awards. Asked about the elections, he responded: “That it may be a productive day. Stop.”

“This is new energy for Milan,” Stefano Gabbana gushed backstage to British designer Matty Bovan. “Bravo,” chimed in Domenico Dolce, The Associated Press reported.

“I am exhausted,″ Bovan confessed to fashion journalists moments earlier. “I haven’t run like that for years.”

Bovan said his colorful, definitely energetic and fantastical collection reflects “English surrealism at its best.”

The collaboration with Dolce & Gabbana gave him access to the designing duo’s ateliers, and Bovan was still overwhelmed by the quality of their craftsmanship “I have never seen work like that. I have never had access to work like that. It is just of a scale,’’ he said.

The Milan stalwarts also provide handbags, denim and corsetry, all of which Bovan has worked over with embroidery, crocheting or painting, about 90% of that by his own hand.



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.