Ralph Lauren Draws A-List Hollywood Crowd for Sumptuous Show

Models walk the runway at the Ralph Lauren Spring 2023 Fashion Experience on Thursday, Oct. 13, 2022, at The Huntington in Pasadena, Calif. (AP)
Models walk the runway at the Ralph Lauren Spring 2023 Fashion Experience on Thursday, Oct. 13, 2022, at The Huntington in Pasadena, Calif. (AP)
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Ralph Lauren Draws A-List Hollywood Crowd for Sumptuous Show

Models walk the runway at the Ralph Lauren Spring 2023 Fashion Experience on Thursday, Oct. 13, 2022, at The Huntington in Pasadena, Calif. (AP)
Models walk the runway at the Ralph Lauren Spring 2023 Fashion Experience on Thursday, Oct. 13, 2022, at The Huntington in Pasadena, Calif. (AP)

Bronx-born Ralph Lauren, a quintessential New Yorker, had never staged a runway show on the West Coast before. So clearly, with his first show in sunny California, he was going to go big — or, well, stay home.

Big he went, staging a sumptuous display of his well-honed ethos of casual luxury, with strong Western accents like cowboy hats and boots, against a setting sun at the grand Huntington Library, Art Museum, and Botanical Gardens in San Marino, California, near Los Angeles.

Rivaling his lavish 50th anniversary show in New York’s Central Park in 2018, Thursday’s extravaganza brought in a slew of movie stars — including newlyweds Jennifer Lopez and Ben Affleck — to watch more than 120 models strut the runway, including some adorable tots in Lauren's childrenswear who had the fashionable crowd gasping with delight.

"We’re in show business," the 83-year-old designer said simply in a post-show interview, standing next to the endlessly long, candlelit tables where guests dined post-show on Polo Bar burgers, grilled branzino and other specialties from his restaurant in New York.

Lauren explained that early on, he had felt LA wasn’t his style, but that changed and he finally decided, "OK let’s do something in LA, but let’s do it great."

Always a celebrity magnet, Lauren brought out a slice of A-list Hollywood with Lopez and Affleck, Ashton Kutcher and Mila Kunis, Sylvester Stallone, John Legend, Diane Keaton, Jessica Chastain, Laura Dern, Chris Pine and James Marsden, to name a few.

The intimate affair for some 200 people began with cocktails and hors d’oeuvres like tuna tartare on a patio overlooking the lush lawns and gardens of the Huntington, which once housed Gilded Age tycoon Henry Huntington. Celebrity guests mingled along with TikTok influencers and Lauren customers.

As the sun sank lower, guests were summoned to the tiled entrance of the museum, where models strutted to a soundtrack of California-themed songs like "California Dreamin."

There were plenty of cowboy hats, worn-in jeans and boots to begin with, gradually morphing into fancier wear like long, bright skirts and slinky cut-out gowns for the women.

A gasp traveled through the crowd as two small children appeared, each holding one hand of their accompanying adult, dressed in classic Lauren looks of tweed jackets, sweater vests, pinstriped button-downs and white shorts.

More children followed, including a little boy in bright green trousers who stole the moment by insisting on high-fiving everyone he passed.

The show, which featured designs from several Ralph Lauren lines including menswear and childrenswear, finished with the models all returning to gather on the patio, joined by Lauren as he emerged to cheers.

Over dinner, Kushton and Kunis chatted with Legend, who said in an interview before the show that Lauren is "obviously an icon in the fashion business and has meant so much to style for such a long time."

Lopez noted that Lauren had dressed her and Affleck for their recent nuptials. "Ralph did our wedding, so we’ve become quite close," the pop star said. "And we really love his aesthetic."

And singer Maggie Rogers noted she had grown up as a fan of the brand. "I have been watching them for the last couple of years and to me they represent such a timeless American style, and I always try and bring that ... classic thing to my music," she said. "So, it feels like the perfect match."



Estee Lauder Sees Bigger Sales Fall in 2025 on US Slowdown, Sputtering China Recovery

An Estee Lauder cosmetics counter is seen in Los Angeles, California, US, August 19, 2019. (Reuters)
An Estee Lauder cosmetics counter is seen in Los Angeles, California, US, August 19, 2019. (Reuters)
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Estee Lauder Sees Bigger Sales Fall in 2025 on US Slowdown, Sputtering China Recovery

An Estee Lauder cosmetics counter is seen in Los Angeles, California, US, August 19, 2019. (Reuters)
An Estee Lauder cosmetics counter is seen in Los Angeles, California, US, August 19, 2019. (Reuters)

Cosmetics giant Estee Lauder forecast a bigger-than-expected drop in fiscal 2025 sales on Thursday, signaling a slowdown in demand for beauty products in the American market and a longer road to recovery in the key China region.

Estee has been struggling to revive sales at airports and tourist hubs in China and other major Asian markets as consumer sentiment in the region remains weak due to high unemployment rates. Asia-Pacific, which includes China, contributed 31.3% of the company's total sales in fiscal 2024.

Its sales have also been soft in the US, with the company now facing challenges from President Donald Trump's chaotic implementation of tariffs.

Estee had pulled its annual forecast in October, citing an uncertain recovery in China, before Stephane de La Faverie took over as CEO.

His turnaround plans for the company include speeding up of new launches and bringing in new luxury price tiers. But that might face a roadblock from growing economic uncertainties due to the trade war.

Organic net sales in the Americas fell 5% on retail softness and decline in consumer confidence and sentiment.

"From a regional perspective, the Americas had the largest miss and EMEA (Europe, Middle East and Africa) was only slightly softer ... Outperformance on margins show the progress of EL's PRGP (profit recovery plan) and restructuring activities," RBC Capital Markets analyst Nik Modi said in a note.

European peer L'Oreal has also flagged weakness in the US, while it continues to see strong demand for its creams and perfume in Europe.

Estee expects fiscal 2025 net sales to be down 8% to 9%, compared with analysts' estimate of a 7.07% fall, according to data compiled by LSEG.

The company forecasts annual adjusted per-share profit to be between $1.30 and $1.55, with midpoint above the estimate of $1.40, as it starts to benefit from its restructuring plan, including job cuts.

Shares of the MAC lipstick maker were down nearly 1%.

Estee aims to return to sales growth in fiscal 2026, its CEO said, adding that this depends on the resolution of the recently enacted tariffs to mitigate potential negative impacts.

The US has imposed 145% tariffs on China, while Beijing put a 125% levy on American imports into the country.

To navigate the tariff situation, Estee expects to reduce imports into China from the US to 10% from 25%.

Estee said about a quarter of products imported into EMEA are sourced from the US, but it is working to change to regionalized and third-party manufacturing networks.