All Eyes on Rosalia at Extravagant Louis Vuitton Show

Rosalia performed some of her biggest hits at the Louis Vuitton show on Thursday. Emmanuel DUNAND / AFP
Rosalia performed some of her biggest hits at the Louis Vuitton show on Thursday. Emmanuel DUNAND / AFP
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All Eyes on Rosalia at Extravagant Louis Vuitton Show

Rosalia performed some of her biggest hits at the Louis Vuitton show on Thursday. Emmanuel DUNAND / AFP
Rosalia performed some of her biggest hits at the Louis Vuitton show on Thursday. Emmanuel DUNAND / AFP

Pop superstar Rosalia grabbed all the attention at the Louis Vuitton show in Paris on Thursday, almost to the point of distracting from the clothes.

The French label spared no expense for the most anticipated show of menswear fashion week, with a vast hangar constructed alongside the Louvre, containing a stage made up like an open-plan house for the models to saunter through.

But the audience struggled to keep their eyes off the Spanish star, who delivered a blistering set of flamenco, rap and pop while parading around the set, lounging in its bed and clambering on top of a car, AFP said.

Louis Vuitton is still searching for a successor to designer Virgil Abloh, who died aged just 41 from cancer in late 2021.

Thursday's show was given over to a collective, including Colm Dillane, the wunderkind behind hot new brand Kidsuper, and Ibrahim Kamara from Abloh's own label Off-White.

Guests, who included singers J-Balvin and BTS's J-Hope, were given a movie clapper-board for their invitation, and the show was kickstarted by a short film co-directed by Michel Gondry ("Eternal Sunshine of the Spotless Mind").

Somewhere among all this showbiz were some clothes, and those who were able to pay attention got a rich and colorful collection, ranging from high-fashion pieces that evoked the label's recent tie-up with Japanese polka-dot artist Yayoi Kusama, glittering jackets, huge puffy versions of its iconic bags, and a hat-and-suit combo that seemed to be made from sheets of writing paper.



Netflix Shares Rise as Rosy Outlook Calms Investors’ Nerves amid Tariff Fears

In this Nov. 4, 2017, file photo, the logo of entertainment company Netflix is pictured in Paris. (AP)
In this Nov. 4, 2017, file photo, the logo of entertainment company Netflix is pictured in Paris. (AP)
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Netflix Shares Rise as Rosy Outlook Calms Investors’ Nerves amid Tariff Fears

In this Nov. 4, 2017, file photo, the logo of entertainment company Netflix is pictured in Paris. (AP)
In this Nov. 4, 2017, file photo, the logo of entertainment company Netflix is pictured in Paris. (AP)

Netflix shares rose about 3% in premarket trading on Monday as the streaming giant's upbeat annual revenue outlook reassured investors that it could withstand any economic downturn amid a tariff laden economic climate.

The company's co-CEO Greg Peters noted that the entertainment sector, and Netflix specifically, had proven resilient during previous downturns.

Peters said they had not seen any significant shifts in customer behavior, after the company reported first-quarter earnings above analysts' expectations on Thursday.

Netflix also reaffirmed its 2025 revenue forecast of between $43.5 billion and $44.5 billion.

These remarks offered some respite to investors who were worried that President Donald Trump's tariff policies could likely lead to a recession, forcing consumers to rein in spending on streaming services.

"Even in a global recession scenario, Netflix is likely to be highly resilient given the price-to-value of the service remains very attractive," said Jeffrey Wlodarczak, an analyst at Pivotal Research Group, who is five-star rated for both estimate accuracy and recommendation performance, as per LSEG data.

"Their advertising business should demonstrate strong growth in any scenario given its nascent state," Wlodarczak said.

The lower-priced, ad-supported tier accounted for 55% of new sign-ups in countries where it is available, Netflix said.

"While advertising is a small portion of the business today, the longer-term prospects are notably robust...while investments in ad-tech capabilities should drive healthy growth for years to come," BofA Global Research analysts said.

Earlier this month, the Wall Street Journal reported that Netflix aims to double revenue from $39 billion in 2024 and earn about $9 billion in global ad sales by 2030.

The company has upped the ante on delivering steady revenue growth as it ceased reporting subscriber data from this year, leaving Wall Street with fewer metrics to gauge its health.

Peers Walt Disney and Warner Bros Discovery shares were down under 1% each in premarket trading.

At least seven brokerages raised price target for Netflix following its results, bringing the median target to $1,147.50, according to data compiled by LSEG.