Dolce&Gabbana, Fendi Ready to Party in Milan 

A model presents a creation of Dolce&Gabbana during the Autumn-Winter 2023-2024 Men's fashion show as part of the Milan Fashion Week on January 14, 2023. (AFP)
A model presents a creation of Dolce&Gabbana during the Autumn-Winter 2023-2024 Men's fashion show as part of the Milan Fashion Week on January 14, 2023. (AFP)
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Dolce&Gabbana, Fendi Ready to Party in Milan 

A model presents a creation of Dolce&Gabbana during the Autumn-Winter 2023-2024 Men's fashion show as part of the Milan Fashion Week on January 14, 2023. (AFP)
A model presents a creation of Dolce&Gabbana during the Autumn-Winter 2023-2024 Men's fashion show as part of the Milan Fashion Week on January 14, 2023. (AFP)

Milan is ready to party, with menswear shows for next spring and winter focused on nighttime tailoring with playful accents. Think sparkles and glitter, fun silhouettes that invite shadow dancing, and sexy peeks at skin with tailoring tricks once reserved for the female wardrobe. 

Some highlights from Saturday’s shows on the second day of Milan Fashion Week. 

Dolce&Gabbana back to black 

If you just looked at color, it was back to basics at Dolce&Gabbana: The entire collection for next winter was in mostly black monochromes, all the better for nighttime play. Gray and white monochromes played a supporting role. 

While light on bling, the looks were anything but basic. Designers Domenico Dolce and Stefano Gabbana created a collection built around tailoring, with the late-night synchronic club beats in mind. 

Long overcoats or dramatic capes will get you to the club door. Inside, men’s corsetry, obi belts and cummerbunds cinch the waist, a silhouette that is mimicked in the dramatic hourglass tailoring of coats and jackets with curved waistlines and broad shoulders. A strobe light picks up the sparkles and glitter on garments, and sheer tops and muscle knitwear show off physiques. 

Machine Gun Kelly and Italian singer Blanco were among the designing duo's front-row guests. 

Fly away with Emporio Armani 

Giorgio Armani has been on the global fashion map for more than four decades. His latest collection for Emporio Armani traced a literal map of his adopted Milan, with models walking the perimeter of a circular runway giving a bird's-eye view of a map of the fashion capital’s historic center. 

The collection was inspired by aviation, and there were tailoring traces from the golden era of flight when dandies like Charles Lindbergh made history with solo crossings of the Atlantic. 

A belted gray jumpsuit with a furry collar, aviator’s cap and thick boots set the tone. Once he lands, there are muted plaid suits with trousers cropped just above the boot — the invention of the season. Gear is stowed in satchels and nautical bags. 

Cozy knitwear paired with leather trousers and jacket, some with antique finishes, cut an adventurous silhouette. But the real dandy comes out in colorful daywear, including a beautiful wrap coat in elegant camel, velvet jackets in deep hues and silken shirts worn with foulards in bright accent colors like magenta, purple and mauve. 

Leather harnesses and utility belts added an edge. Pouches are belted on top of boots. Mirrored aviator glasses complete the look. 

Armani, 88, good-humoredly picked up a pouch that had dropped from a model as he greeted the crowd at the end of the show. 

Fendi flashes some skin 

The Fendi collection for next winter flashes skin in ways once reserved for women. 

One shoulder tops — both knit and button down – bare skin to give drama to the looks. Knitwear was super sheer, barely there. A little layering restored some modesty, for the office, but could easily be undone for an evening transition. 

Long coats incorporated a wrap-around asymmetrical cape, a tailoring trick mimicked in trousers with a wraparound one-sided skirt. The effect was cozy and enveloping, offering a cocoon as we venture back out into the world. 

Fendi whimsy was on full display in the knit caps: one shaped like a cartoon-cool wig featuring a perky flip, or another beanie with fringe on the back. Capes and sweeping coats and scarves likewise finished with fringe.  

Bombers had an antique, worn feel. The color palate was most low-key tones of gray, oatmeal and burnt umber set off my mauve and lavender. Graphite beading caught the light on evening looks. 



L’Oreal Shares Bounce on Third-Quarter Sales

A L'Oreal sign is displayed at the beauty products section of a department store inside a shopping mall in Beijing, China June 10, 2025. (Reuters)
A L'Oreal sign is displayed at the beauty products section of a department store inside a shopping mall in Beijing, China June 10, 2025. (Reuters)
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L’Oreal Shares Bounce on Third-Quarter Sales

A L'Oreal sign is displayed at the beauty products section of a department store inside a shopping mall in Beijing, China June 10, 2025. (Reuters)
A L'Oreal sign is displayed at the beauty products section of a department store inside a shopping mall in Beijing, China June 10, 2025. (Reuters)

Shares in L'Oreal rose 4% on Friday, hitting their highest in more than two years, after the French cosmetics giant reported third-quarter sales well ahead of expectations on strong demand for premium products in China and elsewhere.

Sales from July ‌to September rose ‌7.7% on an adjusted like-for-like basis ‌to €11.56 ⁠billion ($12.95 billion), topping a ⁠consensus analyst forecast of 5.9% growth in a Visible Alpha poll, L'Oreal said late on Thursday.

The maker of Lancome creams and Prada perfumes beat estimates for growth in all regions apart from Latin America, with North Asia, which is ⁠predominantly China, significantly ahead. All of its ‌divisions apart from ‌its mass market unit exceeded expectations.

"L'Oreal, once again, beat a ‌high bar," Barclays analysts said in a note.

Analysts ‌at Jefferies called the report "an impressively strong update", highlighting a "momentum shift in China and Europe" that lifted the growth rate in its Luxe division.

The group generates ‌a third of its revenue from its luxury division, but in China that ⁠business ⁠accounts for about two thirds of its sales in the market, positioning it well for a pick-up in Chinese demand. L'Oreal says it is growing three times faster than the market in China.

Shares were up 4.4% at €431.2 ($482.60) by 0917 GMT, the highest since June 2024. The shares are up by more than 17% this year.

"We see scope for the shares to test €450 as investors increasingly recognize the durability of its superior growth profile," the Barclays analysts added.


Gucci Owner Kering Drops 12% as Luxury Braces for Tough Winter

The logo of French luxury group Kering is pictured on the day of the Kering General Assembly meeting at the company's headquarters in Paris, France, May 28. (Reuters)
The logo of French luxury group Kering is pictured on the day of the Kering General Assembly meeting at the company's headquarters in Paris, France, May 28. (Reuters)
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Gucci Owner Kering Drops 12% as Luxury Braces for Tough Winter

The logo of French luxury group Kering is pictured on the day of the Kering General Assembly meeting at the company's headquarters in Paris, France, May 28. (Reuters)
The logo of French luxury group Kering is pictured on the day of the Kering General Assembly meeting at the company's headquarters in Paris, France, May 28. (Reuters)

Shares in Gucci owner Kering tumbled 12% on Friday after the group reported further sales declines, but said it would stick with CEO Luca de Meo's turnaround plan and accelerate store closures, aiming for 125 by year-end.

The recovery long promised by luxury brands seems nowhere in sight, as the expansion of war ‌in the Middle ‌East, along with China's tax crackdown on ‌the ⁠wealthy, piled further ⁠pressure on the world's biggest luxury conglomerates in the third quarter, and executives buckled in for a tough winter.

Riots in Paris, leaving Louis Vuitton shop windows smashed and electric-bike bonfires near luxury shopping hub Place Vendome, threw into sharp relief the political risk faced by luxury brands not just abroad but also ⁠at home.

Shares in LVMH and Hermes were ‌also down 1% to 1.5% on ‌Friday, as crude prices hit their highest level since early May, worsening ‌the squeeze on households that has curbed consumers' ability to ‌splurge on handbags and clothes.

Gucci's decline has continued despite de Meo's plan to make the brand's prices more enticing to middle-class consumers and creative director Demna's new collections hitting stores.

"The progress made on ‌improving brand desirability remains in its very early stages," JPMorgan analyst Chiara Battistini said in a ⁠note. Gucci ⁠sales improved in wholesale, but were down 6% overall as fewer shoppers visited its stores.

While Kering struggles to execute a turnaround against a weak economic backdrop, even high-end Hermes is showing signs of slowing, with its ready-to-wear division falling 2% in the third quarter due to weak Chinese demand. Overall, Hermes reported its weakest quarterly sales growth since 2020.

Across the sector, valuations have taken a beating as investors reassess future growth prospects. After a 40% slide in share price since January 1, Hermes' valuation is its lowest since 2014, while LVMH's is at a 10-year low.


UK's Debenhams Returns to Profit after Five Years, Expects Further Cost Cuts

FILE PHOTO: Debenhams logo is seen on smartphone in front of a displayed Boohoo logo in this illustration taken January 25, 2021. REUTERS/Dado Ruvic/Illustration/File Photo
FILE PHOTO: Debenhams logo is seen on smartphone in front of a displayed Boohoo logo in this illustration taken January 25, 2021. REUTERS/Dado Ruvic/Illustration/File Photo
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UK's Debenhams Returns to Profit after Five Years, Expects Further Cost Cuts

FILE PHOTO: Debenhams logo is seen on smartphone in front of a displayed Boohoo logo in this illustration taken January 25, 2021. REUTERS/Dado Ruvic/Illustration/File Photo
FILE PHOTO: Debenhams logo is seen on smartphone in front of a displayed Boohoo logo in this illustration taken January 25, 2021. REUTERS/Dado Ruvic/Illustration/File Photo

British fashion ‌retailer Debenhams , also known as boohoo, reported a profit for the first time in five years on Friday and expects further cost cuts as a turnaround plan gathers pace, said Reuters.

Here are some more details:

-The company reported pretax profit of £28.3 million ($37.89 million) for the six ‌months ended August ‌31, compared to a ‌loss ⁠of £17.9 million a year ⁠ago, its first profit before tax since August 2021.

-Expects to reduce costs related to depreciation, lease and interest in fiscal year 2028, while a new financial ⁠facility should further cut costs.

-Debt ‌to be ‌negligible by the end of the ‌year thanks to the disposal of ‌Sheffield automation and lease assignment and sale of Nasty Gal brand, the retailer said.

-The company reported steady growth ‌in September and reiterated its previous annual forecast of gross merchandise value (GMV) ⁠growth ⁠and adjusted core profit no less than £59 million.

-It expects to deliver more than £100 million in profit before tax in the medium term and become a multi-billion-pound GMV business.

-The group's turnaround plan has been focused on streamlining its operations to tackle mounting debt and slow demand at its youth brands.