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
TT

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."



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.