Stella Jean Quits Milan Fashion Week over Lack of Inclusion

FILE - The 'We Are Made in Italy (WAMI)' collective celebrate on stage at the end of the Stella Jean women's Spring Summer 2023 collection presented in Milan, Italy, on Sept. 23, 2022. (AP Photo/Alberto Pezzali, File)
FILE - The 'We Are Made in Italy (WAMI)' collective celebrate on stage at the end of the Stella Jean women's Spring Summer 2023 collection presented in Milan, Italy, on Sept. 23, 2022. (AP Photo/Alberto Pezzali, File)
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Stella Jean Quits Milan Fashion Week over Lack of Inclusion

FILE - The 'We Are Made in Italy (WAMI)' collective celebrate on stage at the end of the Stella Jean women's Spring Summer 2023 collection presented in Milan, Italy, on Sept. 23, 2022. (AP Photo/Alberto Pezzali, File)
FILE - The 'We Are Made in Italy (WAMI)' collective celebrate on stage at the end of the Stella Jean women's Spring Summer 2023 collection presented in Milan, Italy, on Sept. 23, 2022. (AP Photo/Alberto Pezzali, File)

The only Black designer belonging to Italy’s fashion chamber withdrew Wednesday from this month’s Milan Fashion Week, alleging a lack of support for diversity and inclusion after the chamber “abandoned” a project to promote young designers of color working in Italy.

Stella Jean interrupted a press conference by the Italian National Fashion Chamber to announce that neither she nor five members of the We Are Made in Italy collective of designers of color would participate in fashion week, The Associated Press said.

She also said she had started a hunger strike Wednesday out of concern members of WAMI, an initiative launched in 2020 on the heels of the Black Lives Matter movement, could suffer a professional backlash for her activism.

The moves signaled a dramatic denouement of a nearly three-year-collaboration with the chamber to promote designers of color.

“The chamber told us, ‘We didn’t know there were Italian designers who weren’t white.’ We brought them to the runway. They supported us for two years. Then we were abandoned,” Jean told the press conference.

Italian Fashion Chamber President Carlo Capasa assured her from the dais that the chamber had no intention of retaliating in any way. He expressed regret that neither she nor the WAMI members would participate in Fashion Week.

“Stella’s contribution has always been appreciated. We Italians need to have our conscience stimulated,” he said. “As for WAMI, we are not people who retaliate. For us it is important to promote new brands.”

He noted that two WAMI designers from previous seasons were presenting collections during Milan Fashion Week, which runs from Feb. 21-27.

In addition, the chamber has included on the fashion week calendar the inaugural edition of the Black Carpet Awards recognizing the achievements of minorities in Italian society, and was hosting another diversity initiative by the owner and editor of US-based Blanc Magazine, Teneshia Carr.

Jean charged that the chamber had significantly cut back support for WAMI after she made an impassioned speech about the personal price she had paid for highlighting racial injustice in Italy during a runway show last September.

She also said it backtracked on a promise to create a Black board within the chamber to promote diversity and inclusion. Capasa told AP that he decided against the board after WAMI made social media posts that cast a negative light on some Italian fashion brands.

“We wrote a nice letter, saying we want to give them the liberty to express themselves,” Capasa said, adding that the chamber could not host any board that appeared to take public swipes at other members.

Italian-Haitian Jean, who made her Milan runway premiere in 2013 on the Armani runway, said she and her family have been subjected to retaliation for her activism for racial justice in Italy. She said that included death threats against her daughter by other minors, and the termination of professional relationships for her.

“When you speak of retaliations, of death threats, people, I work in fashion. I don’t traffic arms, I don’t traffic drugs or make money from trafficking women,” Jean said. “It is absurd, vile, shameful and inhuman that I must speak for people who feel their lives are in danger, who feel they will suffer the same retaliation.”

WAMI was launched by Jean, African-American designer Edward Buchanan and the head of Afro Fashion Week Milano, Michelle Ngonmo, to draw attention to the lack of minority representation in the Italian fashion world. It followed some racial gaffes by major fashion houses that made global headlines.

Ngonmo told the AP that financial support for the project from the chamber had dwindled over the three years it has run so far, and that Afro Fashion Week Milano wasn’t able to come up with 20,000 euros ($21,000) to support the five young designers in making solid looks to present, plus a video.

The Italian fashion chamber fully supported the collections for the two WAMI classes, each with five designers, but hasn’t funded the third generation, Ngonmo and Jean said.

A September show featuring Jean, Buchanan and WAMI was financed through other allies and their own contributions. The latest WAMI collections were to be presented by video on Feb. 22.

“Maybe the message is the whole industry needs to open their eyes and say, ‘What can we do to make that happen?’” Ngonmo told the AP.

Capasa emphasized that the project by Blanc Magazine’s Carr is receiving the same support he offered WAMI: a slot on the calendar and a physical space in the Fashion Hub where journalists and buyers can view the collections.

But Jean insists that Italy’s designers of color deserve special promotion by the chamber, whose role is the promotion of Italian fashion.

Jean said progress in recent seasons — including opening fashion week with WAMI designer Joy Meribe’s runway show, and Jean’s own return to the runway in September — had turned out to be “performative.”

“They used WAMI as a free pass of safe conduct for diversity,” Jean told the AP. She said she was withdrawing out of fatigue with the “continual fight” for recognition for designers of color in Italy.

“I am a fighter by nature, but I cannot be this way all the time,” she said.



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.


Paris Court Rejects Bid to Suspend Shein Platform in France

A customer holds shopping bags with a Shein logo in the first physical space of Chinese online fast-fashion retailer Shein on the day of its opening inside the Le BHV Marais department store, the Bazar de l'Hotel de Ville, in Paris, France, November 5, 2025. REUTERS/Sarah Meyssonnier/File Photo
A customer holds shopping bags with a Shein logo in the first physical space of Chinese online fast-fashion retailer Shein on the day of its opening inside the Le BHV Marais department store, the Bazar de l'Hotel de Ville, in Paris, France, November 5, 2025. REUTERS/Sarah Meyssonnier/File Photo
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Paris Court Rejects Bid to Suspend Shein Platform in France

A customer holds shopping bags with a Shein logo in the first physical space of Chinese online fast-fashion retailer Shein on the day of its opening inside the Le BHV Marais department store, the Bazar de l'Hotel de Ville, in Paris, France, November 5, 2025. REUTERS/Sarah Meyssonnier/File Photo
A customer holds shopping bags with a Shein logo in the first physical space of Chinese online fast-fashion retailer Shein on the day of its opening inside the Le BHV Marais department store, the Bazar de l'Hotel de Ville, in Paris, France, November 5, 2025. REUTERS/Sarah Meyssonnier/File Photo

A Paris court on Friday rejected a government request to suspend Chinese fast-fashion platform Shein in France after authorities found illegal weapons and child-like sex dolls for sale on the fast-fashion giant’s website.

Shein welcomed the decision, saying it remains committed to strengthening its control processes in cooperation with French authorities.

“Our priority remains protecting French consumers and ensuring compliance with local laws and regulations," the company said in an emailed statement to The Associated Press.

The controversy dates to early November, when France’s consumer watchdog and Finance Ministry moved toward suspending Shein’s online marketplace after authorities said they had found childlike sex dolls and prohibited “Class A” weapons listed for sale, even as the company opened its first permanent store in Paris.

French authorities gave Shein hours to remove the items. The company responded by banning the products and largely shutting down third-party marketplace listings in France.

French officials have also asked the European Commission to examine how illegal products were able to appear on the platform under EU rules governing large online intermediaries.