Paris Couture Season Kicks off with Frivolity, Seaborne Life

Kylie Jenner attends the Schiaparelli Haute Couture Spring-Summer 2023 collection presented in Paris, Monday, Jan. 23, 2023. (AP)
Kylie Jenner attends the Schiaparelli Haute Couture Spring-Summer 2023 collection presented in Paris, Monday, Jan. 23, 2023. (AP)
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Paris Couture Season Kicks off with Frivolity, Seaborne Life

Kylie Jenner attends the Schiaparelli Haute Couture Spring-Summer 2023 collection presented in Paris, Monday, Jan. 23, 2023. (AP)
Kylie Jenner attends the Schiaparelli Haute Couture Spring-Summer 2023 collection presented in Paris, Monday, Jan. 23, 2023. (AP)

Schiaparelli kicked off haute couture season Monday with plenty of glamorous frivolity and exaggerated silhouettes ahead of the highly anticipated show by powerhouse Christian Dior.

Schiaparelli

Schiaparelli also offered surreal takes on classics harking back to the 1930s heyday of house founder Elsa Schiaparelli.

The mood at the first spring-summer couture show of the season was enlivened by gold accents and intricate embellishments in front of a slew of VIPs inside the gilded atrium of the Petit Palais.

Designer Daniel Roseberry was in top form, taking classical styles and giving them unexpected twists. A dark tuxedo with stiff oversize shoulders was transformed into a minimalist, space-age jumpsuit.

A bronze bustier reimagined as a giant oyster shell rose up like a fan to obscure the model’s face. Its stunning pearl embellishments were rendered in organic, crystallized layers showing off the deftness of the house atelier.

Myriad embellished baubles — almost resembling wet pearls — organically dripped off a blown-up bolero jacket as if it had been created for a seaborne princess.

The collection was also reverential to the house founder whose unique brand of frivolity charmed audiences around the world. A giant lion’s head — replete with fangs and bushy mane — added a bite to this collection. It was fun, inventive and smart — a nod to Surrealism but also a powerful statement about the use of fur.

Iris van Herpen goes digital

Against the grain of Paris Fashion Week, which is turning its back on digital, Dutch wunderkind Iris van Herpen said she was proud to announce that instead of a traditional runway show, the brand “shows a digital presentation that allows for more creative freedom and storytelling.”

Van Herpen offered an in-person presentation of her spring collection as well as “Carte Blanche,” a stylized video in which she teamed up with French artist Julie Gautier to explore how feminine beauty can be used as a form of control.

A limp red dress, with sinews revealing inches of flesh, resembled a poisonous sea creature, while interlocking circles evoked spiky coral. Billowing blue and silver portions of generous fabric adorned a flowing gown, reminiscent of the organic inspiration of the award-winning couturier who designed for such artists as Bjork.



Kering Posts 11% Drop in Q2 Sales, Sees Weak Second Half

The logo of luxury brand Gucci is seen in Tokyo on June 22, 2021. (AFP)
The logo of luxury brand Gucci is seen in Tokyo on June 22, 2021. (AFP)
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Kering Posts 11% Drop in Q2 Sales, Sees Weak Second Half

The logo of luxury brand Gucci is seen in Tokyo on June 22, 2021. (AFP)
The logo of luxury brand Gucci is seen in Tokyo on June 22, 2021. (AFP)

Kering reported a bigger-than-expected drop in second-quarter sales and forecast a weak second half, as the French luxury group struggles to revive its key label Gucci and worries grow about a prolonged downturn in high-end spending.

Sales at the French luxury group which owns labels Gucci, Boucheron and Balenciaga, fell to 4.5 billion euros ($4.9 billion), an 11% drop on an organic basis, which strips out currency effects and acquisitions.

The figure was below analyst expectations for a 9% drop, according to a Visible Alpha consensus.

It also said second-half operating income could fall by around 30%, following a 42% drop in the first half.

Sales at Gucci fell 19%, showing no improvement from the first quarter, and below analyst expectations for a 16% decline, according to a Visible Alpha consensus.

Kering has been revamping Gucci, the century-old Italian fashion house which accounts for half of group sales and two-thirds of profit.

Minimalist designs from new creative director Sabato de Sarno, which began trickling into stores earlier this year, are key to the design reset and push upmarket, in a bid to cater to wealthier clients who are more immune to economic headwinds.

Kering chief financial officer Armelle Poulou told reporters that the designs had been well received and the rollout was on track.

But the efforts have been complicated by a downturn in the global luxury market, while China's rebound - traditionally Gucci's most coveted market - was clouded by a property crisis and high youth unemployment as Western markets came down from a post-pandemic splurge.

Earnings from sector bellwether LVMH on Tuesday missed expectations as sales rose 1%, offering few signs that a pickup is around the corner, sending shares in luxury goods companies down on Wednesday. Kering traded at its lowest level since 2017.