Vivienne Westwood, Britain’s Provocative Dame of Fashion, Dead at 81

In this file photo taken on June 19, 2011 British designer Vivienne Westwood acknowledges the audience at the end of the Vivienne Westwood Spring-Summer 2012 Menswear collection during the Men's fashion week in Milan. (AFP)
In this file photo taken on June 19, 2011 British designer Vivienne Westwood acknowledges the audience at the end of the Vivienne Westwood Spring-Summer 2012 Menswear collection during the Men's fashion week in Milan. (AFP)
TT

Vivienne Westwood, Britain’s Provocative Dame of Fashion, Dead at 81

In this file photo taken on June 19, 2011 British designer Vivienne Westwood acknowledges the audience at the end of the Vivienne Westwood Spring-Summer 2012 Menswear collection during the Men's fashion week in Milan. (AFP)
In this file photo taken on June 19, 2011 British designer Vivienne Westwood acknowledges the audience at the end of the Vivienne Westwood Spring-Summer 2012 Menswear collection during the Men's fashion week in Milan. (AFP)

As the person who dressed the Sex Pistols, Vivienne Westwood, who died on Thursday at the age of 81, was synonymous with 1970s punk rock, a rebelliousness that remained the hallmark of an unapologetically political designer who became one of British fashion's biggest names.

"Vivienne Westwood died today, peacefully and surrounded by her family, in Clapham, South London. The world needs people like Vivienne to make a change for the better," her fashion house said on Twitter.

Climate change, pollution, and her support for WikiLeaks founder Julian Assange were all fodder for protest T-shirts or banners carried by her models on the runway.

She dressed up as then-prime minister Margaret Thatcher for a magazine cover in 1989 and drove a white tank near the country home of a later British leader, David Cameron, to protest against fracking.

The rebel was inducted into Britain's establishment in 1992 by Queen Elizabeth who awarded her the Order of the British Empire medal.

"The only reason I am in fashion is to destroy the word 'conformity'," Westwood said in her 2014 biography. "Nothing is interesting to me unless it's got that element."

Instantly recognizable with her orange or white hair, Westwood first made a name for herself in punk fashion in 1970s London, dressing the punk rock band that defined the genre.

Together with the Sex Pistols' manager, Malcolm McLaren, she defied the hippie trends of the time to sell rock'n'roll-inspired clothing.

They moved on to torn outfits adorned with chains as well as latex and fetish pieces that they sold at their shop in London's King's Road variously called "Let It Rock" and "Seditionaries", among other names.

They used prints of swastikas and, perhaps most well-known, an image of the queen with a safety pin through her lips. Favorite items included sleeveless black T-shirts, studded, with zips, safety pins or bleached chicken bones.

"There was no punk before me and Malcolm," Westwood said in the biography. "And the other thing you should know about punk too: it was a total blast."

‘Buy less’

Born Vivienne Isabel Swire on April 8, 1941 in the English Midlands town of Glossop, Westwood grew up at a time of rationing during and after World War Two.

A recycling mentality pervaded her work, and she repeatedly told fashionistas to "choose well" and "buy less". From the late 1960s, she lived in a small flat in south London for some 30 years and cycled to work.

When she was a teenager, her parents, a greengrocer and a cotton weaver, moved the family to north London where she studied jewellery-making and silversmithing before re-training as a teacher.

While she taught at a primary school, she met her first husband, Derek Westwood, marrying him in a homemade dress. Their son Ben was born in 1963, and the couple divorced in 1966.

Now a single mother, Westwood was selling jewellery on London's Portobello Road when she met art student McLaren who would go on to be her partner romantically and professionally. They had a son, Joe Corre, co-founder of lingerie brand Agent Provocateur.

After the Sex Pistols split, the two held their first catwalk show in 1981, presenting a "new romantic" look of African-style patterns, buccaneer trousers and sashes.

Westwood, by then in her forties, began to slowly forge her own path in fashion, eventually separating from McLaren in the early 1980s.

Often looking to history, her influential designs have included corsets, Harris Tweed suits and taffeta ballgowns.

Her 1985 "Mini-Crini" line introduced her short puffed skirt and a more fitted silhouette. Her sky-high platform shoes garnered worldwide attention in 1993 when model Naomi Campbell stumbled on the catwalk in a pair.

"My clothes have a story. They have an identity. They have character and a purpose," Westwood said.

"That's why they become classics. Because they keep on telling a story. They are still telling it."

The Westwood brand flourished in the 1990s, with fashionistas flocking to her runway shows in Paris, and stores opening around the world selling her lines, accessories and perfumes.

She met her second husband, Andreas Kronthaler, teaching fashion in Vienna. They married in 1993 and he later became her creative partner.

Westwood used her public profile to champion issues including nuclear disarmament and to protest against anti-terrorism laws and government spending policies that hit the poor. She held a large "climate revolution" banner at the 2012 Paralympics closing ceremony in London, and frequently turned her models into catwalk eco-warriors.

"I've always had a political agenda," Westwood told L'Officiel fashion magazine in 2018.

"I've used fashion to challenge the status quo."



Fashion Commission Launches 1st Executive Master’s Program in Riyadh

Fashion Commission Launches 1st Executive Master’s Program in Riyadh
TT

Fashion Commission Launches 1st Executive Master’s Program in Riyadh

Fashion Commission Launches 1st Executive Master’s Program in Riyadh

The Fashion Commission announced the launch of the first Executive Master’s program to be delivered in Riyadh, developed in collaboration with the world-renowned Institut Français de la Mode (IFM).

The new program marks a significant leap in advancing fashion education and executive training within the Kingdom, according to SPA.

The Executive Master’s in Strategic Management of Fashion & Luxury represents a new milestone in fashion education, taking place in Riyadh for the first time. It is a 15-month hybrid executive master’s degree track designed for high-potential professionals seeking advanced executive training while continuing their careers. Delivered through a blend of in-person modules in Riyadh and Paris, alongside supervised online learning, the program equips participants with strategic, managerial, and analytical expertise tailored to the rapidly evolving fashion and luxury sector.

Designed with market needs in mind, the executive master’s curriculum covers creation and design, brand strategies, sustainability, new consumer behaviors, retail innovation, fashion media, collection management, and future industry perspectives. Participants will also complete a thesis that contributes new knowledge to the regional and global fashion landscape.

The program is taught by IFM’s internationally recognized faculty, experts in fashion history, sustainability, consumer behavior, design, and luxury management, alongside industry leaders from major global houses, fashion federations, media groups, and innovation-driven organizations.

This landmark program builds on the Fashion Commission’s ongoing partnership with IFM since June 2022. Within the first year, the collaboration introduced high-level educational initiatives, including the Advanced Management Program for Luxury Fashion and the Executive Master’s in Luxury Fashion, designed to elevate local talent and strengthen the Kingdom’s creative workforce.

These programs have contributed to developing the skills and knowledge required to support a world-class fashion ecosystem.

The launch of the Executive Master’s marks a pivotal step in establishing Riyadh as an education hub for the fashion and luxury sectors. By bringing a master’s qualification of this caliber directly to the Kingdom, the Fashion Commission reinforces its commitment to enabling professional growth, supporting innovation, and creating globally competitive talent pipelines.


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)
TT

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
TT

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.