Paris Fashion Week Prepares for Balmain Fashion Festival

Models present creations by designer Dries Van Noten as part of his Spring-Summer 2023 Women's ready-to-wear collection show during Paris Fashion Week in Paris, France, September 28, 2022. (Reuters)
Models present creations by designer Dries Van Noten as part of his Spring-Summer 2023 Women's ready-to-wear collection show during Paris Fashion Week in Paris, France, September 28, 2022. (Reuters)
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Paris Fashion Week Prepares for Balmain Fashion Festival

Models present creations by designer Dries Van Noten as part of his Spring-Summer 2023 Women's ready-to-wear collection show during Paris Fashion Week in Paris, France, September 28, 2022. (Reuters)
Models present creations by designer Dries Van Noten as part of his Spring-Summer 2023 Women's ready-to-wear collection show during Paris Fashion Week in Paris, France, September 28, 2022. (Reuters)

Paris Fashion Week roared into full gear Wednesday with atmospherics and palpable anticipation of Balmain’s evening fashion festival spectacular — a star-studded charity concert featuring the latest fashions, members of the public and secret celebrity performances.

Here are some highlights of spring-summer 2023 shows:

Courreges’ sands

For Courreges, a circular sandy runway featured a falling column of sand at its center evoking the sands of time — or the movie “Dune.” Off-kilter and slightly unnerving musical cadences in the soundtrack endowed the show with a sanitized, pared-down spirit.

Courreges has become a brand that touts a signature mood over a signature style, and designer Nicolas Di Felice likes to inject his fashion with atmosphere.

The spring-summer fashions began with a play of the crisp white shirt, with a voluminous shirt dress carrying the simple and sporty vibe well. Models sometimes had bare feet or nude footwear.

Di Felice used the runway to bring fashion-forward twists — snipaways, toggles, sheeny space materials and deconstruction — on everyday items such as a denim jacket, denim skirt or flared pants. A sporty vest, for example, was given a kinky side with its sheer materials.

It’s an approach that works well for the generation-defining brand founded in 1961 by André Courrèges and his wife, Coqueline, that became synonymous with the Space Age aesthetic.

The art of the invitation

The age of email and rising environmental awareness doesn’t seem to have left much of a mark on the fashion industry’s antiquated system of invitations.

Season after season, gasoline-guzzling couriers crisscross Paris to personally deliver ever-more-elaborate, often handmade, show invites.

Top houses vie for the wackiest or most imaginative idea that often bears a clue as to the theme of the runway collection.

For Loewe’s invitation, a bright red tropical flower came through the post that the floral dictionary identified as an anthurium. To keep the flower alive for the duration of Fashion Week, the bottom of the bloom’s stem was attached to a state-of-the-art humidity capsule.

Saint Laurent’s invite, meanwhile, was a chic black patent leather wallet with a metallic “YSL” on top, with the show card hidden inside.

Dries Van Noten lets loose

The Belgian fashion master was back on form for spring with a typically unpindownable collection held together only, it seemed, by the aesthetic of its looseness.

All-black ensembles -- an oversized menswear tuxedo worn on a bare chest, or an Asian crossover coat -- suddenly blossomed within the 64-look-collection into bright sequins, pastels, ruffles and florals.

There were artistic plays aplenty: One lace-like black top had ribbing evoking bones, all the while looking somewhat Elizabethan. The female models were chosen for their boyish looks, alongside myriad menswear twists on the womenswear wardrobe.

The one running theme seemed to be the softness: floppy layers of fabric, draped tassels that caressed the warehouse venue floor and the generous proportions in sleeves, skirts and billowing pants.

This was Van Noten, an original, having fun.

Undercover slashes it up

It was dressy with a difference at Jun Takahashi’s brand Undercover.

The streetwear-infused Japanese designer went slashing mad this season, lobbing the shoulder off a bright yellow oversized tuxedo, putting rips in a dressy white shirt and severing suit sleeves, pants and the lapel on an otherwise sophisticated double-breasted jacket.

As in previous seasons, Japanese anime felt omnipresent. Here, there was a cartoonish vibe in the double top-knot hairstyles worn by several of the models.

Statement T-shirts with “Love” and “Dream” on them added to the animation vibe.



Abercrombie & Fitch Lifts Sales Forecast on Trendy Apparel Demand; Lofty Expectations Hit Shares

A hiring sign is displayed in front of Abercrombie & Fitch at the Tysons Corner Center mall on August 22, 2024 in Tysons, Virginia. (Getty Images via AFP)
A hiring sign is displayed in front of Abercrombie & Fitch at the Tysons Corner Center mall on August 22, 2024 in Tysons, Virginia. (Getty Images via AFP)
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Abercrombie & Fitch Lifts Sales Forecast on Trendy Apparel Demand; Lofty Expectations Hit Shares

A hiring sign is displayed in front of Abercrombie & Fitch at the Tysons Corner Center mall on August 22, 2024 in Tysons, Virginia. (Getty Images via AFP)
A hiring sign is displayed in front of Abercrombie & Fitch at the Tysons Corner Center mall on August 22, 2024 in Tysons, Virginia. (Getty Images via AFP)

Abercrombie & Fitch raised its annual sales target on Wednesday after reporting better-than-expected quarterly revenue, but shares of the company fell 14% as investors expected a bigger forecast bump from the high-flying retailer.

The stock has surged about 89% so far this year after nearly quadrupling in 2023.

"While the market may have been looking for a stronger guidance lift for the year, given momentum across the business, we see a beat and raise as impressive given a moderating top line outlook in response to a choppy macro environment across many of Abercrombie's specialty retail peers," said Dana Telsey, analyst at Telsey Advisory Group.

Abercrombie has been revamping its merchandise with new styles, featuring dressier apparel and cargo pants while tapping into growing demand for wide-legged jeans, helping it draw in fashion-savvy shoppers.

Retailers ranging from department store chains Macy's to home improvement chain Home Depot struck a cautious note and trimmed their annual sales forecasts, blaming weak discretionary demand. Strong results from Target and Walmart showed shoppers were looking for bargains amid budget constraints.

Sales at the Abercrombie brand jumped 26% in the quarter ended Aug. 3, while its Hollister division reported a 17% rise due to better-than-expected back-to-school selling.

The company now expects net sales to rise between 12% and 13% in fiscal 2024, compared with its prior forecast of around 10% growth.

Abercrombie CEO Fran Horowitz said the forecast raise came despite "an increasingly uncertain environment".

The company saw benefits from lower promotions and lower cotton costs, which helped it improve its gross profit rate by 240 basis points to 64.9%. However, it expects pressure from freight costs in the back half of the year.

In the second quarter, it reported profit of $2.50 per share, beating an estimate of $2.22, according to LSEG data.

Net sales rose 21% to $1.13 billion in the second quarter, compared with analysts' estimate of $1.10 billion.