عربي English Türkçe اردو فارسى
Logo
Latest News
Fashion

Designer Thebe Magugu Brings South African Fashion to Global Stage

Models present creations by designer Virginie Viard as part of her Spring/Summer 2021 ready-to-wear collection show for Chanel during Paris Fashion Week in Paris, France, October 6, 2020. REUTERS/Benoit Tessier
Models present creations by designer Virginie Viard as part of her Spring/Summer 2021 ready-to-wear collection show for Chanel during Paris Fashion Week in Paris, France, October 6, 2020. REUTERS/Benoit Tessier
TT
20
TT

Designer Thebe Magugu Brings South African Fashion to Global Stage

Models present creations by designer Virginie Viard as part of her Spring/Summer 2021 ready-to-wear collection show for Chanel during Paris Fashion Week in Paris, France, October 6, 2020. REUTERS/Benoit Tessier
Models present creations by designer Virginie Viard as part of her Spring/Summer 2021 ready-to-wear collection show for Chanel during Paris Fashion Week in Paris, France, October 6, 2020. REUTERS/Benoit Tessier

Celebrated South African fashion designer Thebe Magugu hopes his success will inspire other young people on the continent.

Magugu recently launched a new collection with global sportswear brand Adidas.

His clothes have been worn by celebrities such as Rihanna and Miley Cyrus, and in 2019 he won the prestigious LVMH Prize for young designers, Reuters reported.

“I’m particularly proud of it because I think it showed people that if I can do it, someone from Galeshewe township and (with) a lot of hardships along the way... all of those people can do it too,” said the 29-year-old from his studio in Johannesburg.

Most Viewed

 
Fashion

Italy’s Benetton Group Trims Losses in 2024 amid Restructuring Plan

A logo of United Colors of Benetton is seen in front of a store in Rome, Italy, July 21, 2020. (Reuters)
A logo of United Colors of Benetton is seen in front of a store in Rome, Italy, July 21, 2020. (Reuters)
TT
20
TT

Italy’s Benetton Group Trims Losses in 2024 amid Restructuring Plan

A logo of United Colors of Benetton is seen in front of a store in Rome, Italy, July 21, 2020. (Reuters)
A logo of United Colors of Benetton is seen in front of a store in Rome, Italy, July 21, 2020. (Reuters)

Italian fashion retailer Benetton more than halved its net loss to 100 million euros ($113 million) last year, its results showed on Friday, as the group reorganized its activities to relaunch the brand.

Revenues at the clothing group, which is controlled by the Benetton family's holding Edizione, dropped to 917 million euros from just over a billion in 2023.

The group, which has struggled to withstand growing competition from fast-fashion giants, has run up a long string of annual losses.

Its restructuring plan, which started last year under new Chief Executive Claudio Sforza, focuses on cost reduction and the rationalization of its distribution and sales network, with a strengthening of e-commerce.

The company is also focusing on expanding the percentage of its goods provided by external suppliers.

Financial debt declined to 411 million euros at the end of last year from 460 million euros the year before.