Thom Browne Channels ‘Little Prince’ in Heartfelt NYFW Show

The Thom Browne collection is modeled during Fashion Week, Tuesday, Feb. 14, 2023, in New York. (AP)
The Thom Browne collection is modeled during Fashion Week, Tuesday, Feb. 14, 2023, in New York. (AP)
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Thom Browne Channels ‘Little Prince’ in Heartfelt NYFW Show

The Thom Browne collection is modeled during Fashion Week, Tuesday, Feb. 14, 2023, in New York. (AP)
The Thom Browne collection is modeled during Fashion Week, Tuesday, Feb. 14, 2023, in New York. (AP)

The beloved novella “The Little Prince” tells us that we see clearly only with our hearts — that what is essential is invisible to the eye. Fair enough. But Thom Browne, in a fashion show channeling the famed 1943 tale, couldn't help but dazzle the eye, too.

Those lucky enough to get a seat at a Browne runway show know what they’re getting into by now — which is, basically, anything but a typical runway show. Rather, Browne’s shows are elaborate, lengthy, fully realized theatrical productions, with backstories and narration and music, along with fashions featuring endlessly inventive craftsmanship.

On Tuesday night at New York Fashion Week, Browne, who has just taken on the high-profile role of chairman of the Council of Fashion Designers of America, welcomed guests to a large theater space on the far west side of Manhattan with a scene both fantastical and familiar.

A small airplane, stuck in the sand (real sand). Planets and stars, twinkling from above. What was it this time ... oh, of course! Browne had brought his guests to the Sahara to recreate the plane crash from Antoine de Saint-Exupéry’s story.

“We find ourselves in the desert,” the taped narration began. “A plane has crashed.” A model playing the pilot, dressed in a space-suit like ensemble with poufy sleeves, wandered about, disoriented, soon to encounter another model with hair in blonde curls reminiscent of the prince — and dressed in one of Browne’s signature gray blazers with a four-stripe band on the arm.

“Two lost travelers meet,” said the narrator, describing one, the pilot, who has traveled far and wide across Earth, and another, the prince, who has traveled farther, from his own planet. Then came a series of models representing distant planets. These characters had high white buns with elaborate headpieces, and endlessly long curled fingernails and toenails.

Next came a procession of adults — who, in the words of the prince, need to be told what to do and only see what's in front of them. These models displayed a series of coats in sumptuous tweeds, all with exaggerated huge shoulders, with suits and ties underneath. They carried briefcases bearing clock faces — indeed, the heels of their chunky shoes, too, formed round clock faces, as did the stage itself. They walked to the methodical ticking of a clock’s second hand (you think models walk fast in fashion shows? Not in a Thom Browne show.)

A subsequent group wore fanciful combinations of prints and plaids, with bustles at the back and tight patterned waistbands. And there was yet another group — seemingly representing children — in deconstructed suits, garments comprised of jackets and shirts taken apart and patched together, with shoulders hanging off waists or sleeves jutting out every which way. Elaborate gold concoctions that would befit a pope adorned their heads.

An eclectic group of celebrities, from music figures Erykah Badu, Queen Latifah and Lil Nas X to TV host Whoopi Goldberg to actors Christine Baranski, Rebecca Hall and Jesse Williams, watched as the show took an emotional turn at the end, with the models coming back out in couples, hand in hand in a message of togetherness, accompanied by the song “You’ll Never Walk Alone” from the Broadway musical “Carousel.”



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.


Lululemon Jumps on Elliott's $1 Billion Bet Ahead of Leadership Change

FILE PHOTO: A logo is displayed inside a Lululemon outlet retail store at Bicester Village in Oxfordshire, Britain, August 21, 2024. REUTERS/Hollie Adams/File Photo
FILE PHOTO: A logo is displayed inside a Lululemon outlet retail store at Bicester Village in Oxfordshire, Britain, August 21, 2024. REUTERS/Hollie Adams/File Photo
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Lululemon Jumps on Elliott's $1 Billion Bet Ahead of Leadership Change

FILE PHOTO: A logo is displayed inside a Lululemon outlet retail store at Bicester Village in Oxfordshire, Britain, August 21, 2024. REUTERS/Hollie Adams/File Photo
FILE PHOTO: A logo is displayed inside a Lululemon outlet retail store at Bicester Village in Oxfordshire, Britain, August 21, 2024. REUTERS/Hollie Adams/File Photo

Lululemon Athletica shares rose nearly 8% in early trading on Thursday after reports Elliott Management has built a $1 billion stake in the athleisure wear maker and is working with former Ralph Lauren executive Jane Nielsen for a potential CEO role.

The Canada-based retailer said last week that Calvin McDonald will step down after nearly seven years as its top boss, sparking hopes for a leader who can reverse slowing growth and win back younger shoppers amid fierce competition from trendier players like Alo and Vuori. The stock has lost nearly half of its value this year, underscoring investor concerns over Lululemon's struggles. The company's shares were trading at $224 on Thursday.

"Elliott is famous for agitating for change. These positions aren't built overnight, so Lululemon's board probably saw this coming," said Brian Jacobsen, chief economic strategist, Annex Wealth Management.

The activist investor has been working closely for months with Nielsen, a retail veteran, a source told Reuters on Wednesday. Nielsen, who sits on the board of Cadbury parent Mondelez, has also served as finance chief at Tapestry-owned Coach.

"Lululemon is one of the most powerful brands in retail, defined by exceptional products, deeply engaged communities and significant global potential," Nielsen said in a statement to the Wall Street Journal. "I would welcome the chance to discuss this opportunity with the Lululemon board."

Elliott, Lululemon and Nielsen did not respond to Reuters requests for comment.

Analysts have said the company will need to upgrade its fabrics, use fresher designs and accelerate product launches that click with Gen Z to reclaim its "cool factor" and lure shoppers back.

With much of its sourcing tied to Asian factories facing higher import duties, Lululemon will also need to streamline its supply chain to blunt US tariff pressures and protect margins next year, analysts have said.

"Lululemon should implement fast fashions and introduce an assortment that will pull customers from Alo and Vuori - especially Gen Z customers.

Fast fashion requires a much better supply chain than is currently in use at Lululemon," said Brittain Ladd, a strategy and supply chain consultant at Florida-based Chang Robotics.

The brand's struggles have drawn sharp criticism from founder and largest individual shareholder Chip Wilson. He has also called for an urgent CEO search, led by new, independent directors with deep company knowledge to restore a product-first focus.

Wilson did not respond to a Reuters request for comment.

With a 4.3% ownership, Wilson's stake is valued at about $988 million, according to LSEG data, making Elliott one of the top shareholders in Lululemon, which is valued at nearly $25 billion.

Lululemon trades at a forward price-to-earnings ratio of 16.37, while Gap trades at 11.88 and American Eagle at 16.81, according to LSEG data.