Prada Offers Spare, Cleansing Looks at Milan Fashion Week

Models present creations from the Fall/Winter 2023 men's collection by Prada at the warehouse of the Prada Foundation during the Milan Fashion Week, in Milan, Italy, 15 January 2023. (EPA)
Models present creations from the Fall/Winter 2023 men's collection by Prada at the warehouse of the Prada Foundation during the Milan Fashion Week, in Milan, Italy, 15 January 2023. (EPA)
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Prada Offers Spare, Cleansing Looks at Milan Fashion Week

Models present creations from the Fall/Winter 2023 men's collection by Prada at the warehouse of the Prada Foundation during the Milan Fashion Week, in Milan, Italy, 15 January 2023. (EPA)
Models present creations from the Fall/Winter 2023 men's collection by Prada at the warehouse of the Prada Foundation during the Milan Fashion Week, in Milan, Italy, 15 January 2023. (EPA)

The Milan menswear runway was full of spare looks for next fall and winter, as if the fashion world is taking a deep breath, to see what happens next.

The color of the season: Black. The silhouette of the season: slim or relaxed, but mostly tailored. Bags: Utilitarian. Shoes: Oversized and sole gripping. Still, all of this utility was punctuated with romantic and even sexy gestures.

Here are some highlights from the third day Sunday of mostly menswear previews for fall-winter 2023, as many big brands seemed to be hitting the reset button:

Prada’s retro-futurism

The ceiling on the darkened Prada showroom rose to reveal industrial chandeliers as the first looks appeared on the runway: tailored, slightly blocky suit jackets with sharp, wing-like collars that flapped gently with each step, secured and cushioned by just a wisp of colorful knitwear.

The collars, reminiscent of the 1930s or ’70s and in retro geometric prints, gave a romantic touch to an otherwise spare and cleansing collection by co-creative directors Miuccia Prada and Raf Simons.

“There is no space for useless creativity,” Prada summed up backstage.

The sharp collars, which appeared also on cardigans, are detachable, giving garments a longer life, and utility. On the runway, they were sexily styled without shirts.

The pair continued their exploration of uniforms, the sort that exemplify the value of working and not projecting authority. In that vein, suede tunics with matching overcoats recalled an artisan’s apron, worn with a shirt and tie to emphasize the virtue of work, and over the season’s slim trousers.

The clean looks and minimalist tailoring had an intentional retro-futuristic feel, that Simons defined as “very Prada, in my opinion.”

Puffer coats had a rotund shape. Quilted T-shirts kept the torso warm under overcoats. Shoes were thick-soled lace-ups with raised piping. Bags were slim document or computer bags, with a thermos slot.

Suiting was mostly black or gray, with separates providing color: trousers in red or green, cerulean blazers, yellow and pink cardigans.

Even the venue at the Fondazione Prada was stripped of artifice, down to the concrete floors and walls and ceiling, which dropped back down as the models left the runway.

Outside, hundreds of screaming K-Pop fans greeted the Enhypen band as they arrived for the show, and a few were rewarded with selfies afterward.

Simon Cracker pays tribute to Vivienne Westwood

The designers behind the Simon Cracker brand paid tribute to Vivienne Westwood’s legacy during a runway show presenting their latest collection of upcycled garments.

“We are here thanks to her. She was the first to make garments from upcycling,” said Filippo Biraghi, who founded Simon Cracker with Simone Botte in 2010.

“We studied her, we wore her, we lived her and we feel allied,″ Biraghi said of the British designer who died last month at 81. “She used fashion to protest, as a language of protest, for her entire history.”

Following in Westwood’s upcycling footsteps, the designers collect unclaimed garments from drycleaners and textile remnants from producers to make their unique creations.

In this punk-inspired collection, each garment is one-of-a-kind, promoting nonconformity. Caps served as epaulets on jacket shoulders and handmade blankets became overcoats. Knitwear was made from recovered yarn and in collaboration with designer Gaia Segattini.

In the spirit of Westwood, the show closed with a model swathed in a tulle garment with the words: “Demand the Impossible,” emblazoned on the front.

For the finale, all the models wore photos of Westwood around their necks. Biraghi, who wore a T-shirt picturing a joyful Westwood on the front, turned to reveal another image of her scowling on the back.

The designers said their messaging, one that has been with them since the brand’s inception, has grown more urgent, citing the danger to the planet and “the system’s mockery.”

“There is something wrong if you are not pissed off today,” Biraghi said.

Charles Jeffrey Loverboy’s imagined worlds

Charles Jeffrey Loverboy, the label of the self-proclaimed club kid and Scottish-born designer Charles Jeffrey, brought joy to the Milan runway with fanciful storytelling though knitwear, kilting and prints.

Jeffrey presented his “Engine Room” collection through three subcultures in a mythical floating city: workers, whose toil keeps the city aloft; posers, or former workers who now bask in luxury; and snakes, aka, the media. While other brands hewed toward the minimal, Jeffrey went maximal, with a focus on sartorial details and an explosion of color.

The workers were clothed in gray, black and white, faces smudged, with starry prints and clawed footwear. Posers burst with color, including graphic prints from the archives of the Scottish artist and playwright John Byrne, metallic accents and endearing knitwear with kwai detailing like hoods with ears. The snakes had a Goth edge, dark garments giving way to newsprint prints against a black-white-and-red (read) palette.

Jeffrey called the collection “a celebration of Scotland, workers and Renaissance people.”



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

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