Indian Haute Couture Master Dreams the 'Impossible' for Paris

Acclaimed Indian fashion designer Rahul Mishra examines a dress with embroidery designs at his workshop in Noida. Money SHARMA / AFP
Acclaimed Indian fashion designer Rahul Mishra examines a dress with embroidery designs at his workshop in Noida. Money SHARMA / AFP
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Indian Haute Couture Master Dreams the 'Impossible' for Paris

Acclaimed Indian fashion designer Rahul Mishra examines a dress with embroidery designs at his workshop in Noida. Money SHARMA / AFP
Acclaimed Indian fashion designer Rahul Mishra examines a dress with embroidery designs at his workshop in Noida. Money SHARMA / AFP

As he stitches together the final threads of his latest Paris Fashion Week collection, acclaimed Indian fashion designer Rahul Mishra is taking inspiration from France -- and a fellow master from another era.

"I want to achieve the impossible, I want to paint air," he told AFP, quoting the 19th-century impressionist painter Claude Monet.

Both men are known for their artistic urge to depict nature -- Monet on canvas, and Mishra on his extravagant haute couture gowns, feted for their bursts of embroidered floral color and petal-shaped ornamental flourishes.

Mishra's creations are a regular staple of the world's leading fashion magazines where they are modeled by film stars including Cate Blanchett and Michelle Yeoh.

Dozens of designers, tailors and crafters have been hard at work in his new workshop near India's capital New Delhi, putting the finishing touches on the "Cosmos" line he will debut on the Parisian catwalk on Monday.

Some sit on mats in front of embroidery looms sewing flower motifs onto delicate sheer fabric in a painstaking enterprise that stands testament to the force of Mishra's creative vision.

"I dream a lot, I am often lost in a new world, in a kind of fantasy," said the casually dressed 43-year-old, striding in Nike trainers between workbenches to introduce the work of his colleagues.

"I come back and share it with my team, I speak to them, talk to them... and then that dream becomes a common dream, everybody starts believing in this idea."

Mishra's fantasies have materialized into hot property in the years since he won the International Woolmark Prize -- one of the fashion world's top accolades -- in 2014.

The French Fashion Federation included his work on the Paris ready-to-wear runway the same year, and in 2020 he became the first Indian to feature in its haute couture program.

- Natural preoccupations -
Nature has been Mishra's most enduring source of inspiration, beginning at the age of 10 when he felt compelled to sketch the blooming flowers and natural scenery of his rural hometown.

With no mentor and a doctor father who pushed him to pursue a more steady career, Mishra almost abandoned his couture dreams before breaking off his university science studies.

He enrolled at the National Institute of Design, India's premier creative arts academy, before studying in Italy's fashion capital Milan.

His recent artistic triumphs show how little he has strayed from his roots.

A highlight of his "Tree of Life" collection last year is a sleeveless floral gown bursting with a cornucopia of 120 colors in the couturist's embodiment of spring.

"This must be the most colorful piece I have ever done," he said, adding that each floor-length dress represented 5,000 hours of labor.

Items from the collection sold for up to 12,500 euros ($13,500) once they went on sale.

"There are hardly 200 artists across India who are able to manage this kind of multicolor work," he added. "It is more difficult to replicate the original piece than to create it."

- 'Celebrate mistakes' -
Mishra now has his sights set on building a global presence and in March, will launch a new ready-to-wear collection in Europe.

His first European boutique will open in London later this year thanks to a joint venture with Indian conglomerate Reliance, a key distributor of luxury brands which has exclusive tie-ups with Balenciaga and Armani.

But his ambitions ultimately rest on building a "fairly serious" alternative to fast fashion giants like Uniqlo and Zara, utilizing India's seemingly bottomless pool of textile talent.

"Now is the right time," he said.

"My biggest goal is that one day we'll be able to provide employment for more than a million people around the world."

Like many artists, each one of Mishra's finished endeavors is a reflection of the torment and doubt that come with habitual agonizing over minute details -- an emotional struggle that is also a wellspring of creative inspiration.

"We celebrate mistakes, we celebrate when we fail," he said. "The beauty of trying something new, the excitement and the intent to do something new is always celebrated."

"I think more than the final fashion show... what excites me most is the process."



Ferragamo Shares Boosted after Confirmation of 2024 Forecasts

A view of Italian luxury fashion house Salvatore Ferragamo's logo at a store in Milan, Italy, March 6, 2024. (Reuters)
A view of Italian luxury fashion house Salvatore Ferragamo's logo at a store in Milan, Italy, March 6, 2024. (Reuters)
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Ferragamo Shares Boosted after Confirmation of 2024 Forecasts

A view of Italian luxury fashion house Salvatore Ferragamo's logo at a store in Milan, Italy, March 6, 2024. (Reuters)
A view of Italian luxury fashion house Salvatore Ferragamo's logo at a store in Milan, Italy, March 6, 2024. (Reuters)

Ferragamo shares jumped on Tuesday after the Italian luxury group confirmed its full year profitability forecast, despite the announcement of a likely impairment writedown in the range of 70-90 million euros.

The group confirmed the guidance at a time of uncertainty for the luxury industry, a Milan-based trader said. He added that the writedown has only an accounting impact.

Shares in Ferragamo were up almost 6% at 0915 GMT.

Ferragamo's stock has lost almost half of its value in the last year and its market capitalization slipped below 1 billion euros ($1.05 billion).

Purchases are driven by attractive valuations, with the stock close to an all-time low, another trader said.

Salvatore Ferragamo said late on Monday that an impairment test would likely result in writedowns of 70-90 million euros, mainly deriving from store lease agreements.

The group, which is struggling with a turnaround under CEO Marco Gobbetti, added that these impairment assumptions will not result in any financial payout and it confirmed the group's operating profit forecasts.

Analysts at Equita, who rate the stock as "Hold", added a note of caution after the statement.

"The need for these write-downs signals less visibility on the prospects of improvement of the group's results in the medium term," they said.

Ferragamo didn't provide detailed full year guidance, but in October it said that the operating profit this year would be at the lowest end of analyst estimates, meaning around 30 million euros.