Milan Fashion Week Gripped by 90s Nostalgia

Milan Fashion Week will remain mostly digital for menswear previews in June. (LVMH)
Milan Fashion Week will remain mostly digital for menswear previews in June. (LVMH)
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Milan Fashion Week Gripped by 90s Nostalgia

Milan Fashion Week will remain mostly digital for menswear previews in June. (LVMH)
Milan Fashion Week will remain mostly digital for menswear previews in June. (LVMH)

Technicolor cargo pants, leather lumberjack shirts and guest stars such as Paris Hilton, Carla Bruni, Naomi Campbell and Kate Moss -- nostalgia for the 1990s swept over the just-ended Milan Fashion Week which channeled hits by Haddaway and Alizee on the runway for the spring/summer 2023 collections.

Here are a few of the trends:

- Cargo pants reworked -
Camouflage cargo pants -- emblematic of the 1990s -- were reworked in delicate fabrics and shades screaming Florida by maisons such as Fendi, which reverted to champagne silk as well as an eye-popping orange.

Versace opted for a version in deep violet as well as in pink satin for a boss-woman look favored by Donatella while Dolce & Gabbana revisited their classic looks including ripped jeans.

- Dresses over trousers -
Another trend that made a major comeback was the dress worn over trousers.

Miuccia Prada showed transparent gowns over pants and Fendi mirrored the same look to showcase fluid trousers, the obi and kimono tailoring.

Paris Hilton click-clacked down the runway in a shimmering pink dress with matching veil and Carla Bruni and Naomi Campbell flaunted trench coats for Tod's.

Armani, the master of the deconstructed suits, looked to India, China and Syria for inspiration with sarong-like trousers and fluid robes and the languid silk silhouette that Giorgio is renowned for.

- Sparkle -
Tops, gowns, pants and jackets in silk and satin all went back to sparkle and shine with shades that evoked the Golden Age of Hollywood.

Master showman and flamboyant couturier Roberto Cavalli turned to ivory -- the staple of bygone stars like Marlene Dietrich and Greta Garbo -- while young prodigy Matthieu Blazy showed off exquisitely worked scarves for Bottega Veneta.

Prada's undulating lines had warm colors while Versace used classic lace and black in its wedding gown.

- Knitted gowns -
Fendi and Jil Sander paraded knit gowns without motifs but with gashes in the midriff. Matthieu Blazy at Bottega Veneta had knitted jacquard dresses with trompe-l'œil motifs inspired by futuristic Italian artists.

- Fruit salad -
Apples, pears, cherries both in giant and micro versions dominated along with vibrant summer shades at Benetton's pret-a-porter line.

Roberto Cavalli emblazoned grapes, palm trees and pineapples on gowns while Jeremy Scott at Moschino headlined inflation chic with inner tubes as belts on dresses and dolphin-shaped wings as glove accessories to inspire "mood buoyancy", according to Moschino.

"This symbolic uplift starts with daytime looks to stay afloat," the fashion house said.

"A direct twist on the word 'inflation' then starts to enter the relief, with pool toys, life rafts and life preservers."



Nike Shares Rise as Apple’s Cook Doubles His Bet on CEO Hill’s Overhaul Effort

A jogger wearing Nike shoes runs along the Charles River in Cambridge, Massachusetts, US, March 18, 2019. (Reuters)
A jogger wearing Nike shoes runs along the Charles River in Cambridge, Massachusetts, US, March 18, 2019. (Reuters)
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Nike Shares Rise as Apple’s Cook Doubles His Bet on CEO Hill’s Overhaul Effort

A jogger wearing Nike shoes runs along the Charles River in Cambridge, Massachusetts, US, March 18, 2019. (Reuters)
A jogger wearing Nike shoes runs along the Charles River in Cambridge, Massachusetts, US, March 18, 2019. (Reuters)

Nike shares rose 5% in early trading on Wednesday after Apple CEO Tim Cook doubled his personal stake in the sportswear maker, raising his bets on the margin-pinching turnaround efforts led by CEO Elliott Hill.

Cook, who has been on Nike's board since 2005, bought 50,000 shares at $58.97 ‌each, according to ‌a regulatory filing. As of December ‌22, ⁠he holds about ‌105,000 shares, which is now worth nearly $6 million.

It was the largest open market stock purchase for a Nike director or executive and possibly the largest in more than a decade, said Jonathan Komp, analyst at Baird Equity Research.

"(We see) Cook's move as a positive signal for the progress under CEO Elliott Hill and Nike's 'Win ⁠Now' actions," Komp said.

The purchase comes days after Nike reported weaker quarterly margins and weak ‌sales in China even as CEO ‍Hill tries to revive demand ‍through fresh marketing plans and innovation focused on running and sports, ‍while phasing out lagging lifestyle brands.

He has also attempted to mend Nike's ties with wholesalers such as Dicks Sporting Goods to increase visibility among shoppers amid stiff competition from newer brands.

However, the strategy has strained Nike's margins, which have been declining for over a year, while its efforts to win back its ⁠premier position in discount-friendly China appears to be faltering.

Nike's shares have slumped nearly 13% since it reported results on December 18 and are on track for the fourth straight year of declines. They were trading at $60.19 on Wednesday.

Cook has been a lead independent director of Nike since 2016 when co-founder Phil Knight stepped down as its chairman.

The Apple CEO "remains extremely close" with Knight, Komp said, adding that he has advised Nike through key strategic decisions including Hill's appointment last year.

Board director and former Intel CEO ‌Robert Swan also bought about 8,700 shares for about $500,000 this week.


Etro Founding Family Exits Group as New Investors Including Türkiye's RAMS Global Join

L Catterton, a private equity firm backed by French luxury giant LVMH, will remain Etro's majority owner. Reuters
L Catterton, a private equity firm backed by French luxury giant LVMH, will remain Etro's majority owner. Reuters
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Etro Founding Family Exits Group as New Investors Including Türkiye's RAMS Global Join

L Catterton, a private equity firm backed by French luxury giant LVMH, will remain Etro's majority owner. Reuters
L Catterton, a private equity firm backed by French luxury giant LVMH, will remain Etro's majority owner. Reuters

The founding family of Italian fashion house Etro has sold the minority stake it still owned in the brand to a group of investors including Turkish group RAMS Global, the company said on Friday.

L Catterton, a private equity firm backed by French luxury giant LVMH, will remain Etro's majority owner and "will continue to actively support the brand's long-term growth strategy," Etro added, according to Reuters.

The new investors comprise also Italian fashion group Swinger International and small private equity firm ⁠RSI.

In addition to buying the stake, they all subscribed to a capital increase that will lower L Catterton's holding in Etro to between 51% and 55% from around 65%.

When including both the acquisition and the capital increase, the deal is worth around 70 ⁠million euros ($82 million), two sources close to the matter said. Etro did not disclose financial details.

Chief Executive Fabrizio Cardinali will remain at the helm, while Faruk Bülbül, representing RAMS Global, will become chairman of the board.

L Catterton bought a 60% stake in the brand known for its paisley motif four years ago, and it slightly increased the holding over the years.

The company, founded by Gimmo Etro in 1968, has ⁠been struggling with its turnaround. Last year it posted a net loss of 23 million euros with net revenues declining to 245 million euros from 261 million euros, according to filings with the local chambers of commerce reviewed by Reuters.

Rothschild advised L Catterton and the Etro family on the deal.

Rothschild had been hired in 2024 to look for a new investor who could buy all or part of the Etro fashion group, sources had previously told Reuters.


Paris Court Rejects Bid to Suspend Shein Platform in France

A customer holds shopping bags with a Shein logo in the first physical space of Chinese online fast-fashion retailer Shein on the day of its opening inside the Le BHV Marais department store, the Bazar de l'Hotel de Ville, in Paris, France, November 5, 2025. REUTERS/Sarah Meyssonnier/File Photo
A customer holds shopping bags with a Shein logo in the first physical space of Chinese online fast-fashion retailer Shein on the day of its opening inside the Le BHV Marais department store, the Bazar de l'Hotel de Ville, in Paris, France, November 5, 2025. REUTERS/Sarah Meyssonnier/File Photo
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Paris Court Rejects Bid to Suspend Shein Platform in France

A customer holds shopping bags with a Shein logo in the first physical space of Chinese online fast-fashion retailer Shein on the day of its opening inside the Le BHV Marais department store, the Bazar de l'Hotel de Ville, in Paris, France, November 5, 2025. REUTERS/Sarah Meyssonnier/File Photo
A customer holds shopping bags with a Shein logo in the first physical space of Chinese online fast-fashion retailer Shein on the day of its opening inside the Le BHV Marais department store, the Bazar de l'Hotel de Ville, in Paris, France, November 5, 2025. REUTERS/Sarah Meyssonnier/File Photo

A Paris court on Friday rejected a government request to suspend Chinese fast-fashion platform Shein in France after authorities found illegal weapons and child-like sex dolls for sale on the fast-fashion giant’s website.

Shein welcomed the decision, saying it remains committed to strengthening its control processes in cooperation with French authorities.

“Our priority remains protecting French consumers and ensuring compliance with local laws and regulations," the company said in an emailed statement to The Associated Press.

The controversy dates to early November, when France’s consumer watchdog and Finance Ministry moved toward suspending Shein’s online marketplace after authorities said they had found childlike sex dolls and prohibited “Class A” weapons listed for sale, even as the company opened its first permanent store in Paris.

French authorities gave Shein hours to remove the items. The company responded by banning the products and largely shutting down third-party marketplace listings in France.

French officials have also asked the European Commission to examine how illegal products were able to appear on the platform under EU rules governing large online intermediaries.