Dior Channels Rebellious Women at Paris Fashion Week

A model presents a creation from Christian Dior Womenswear Fall-Winter 2023-2024 collection during Paris Fashion Week in Paris, on February 28, 2023. (AFP)
A model presents a creation from Christian Dior Womenswear Fall-Winter 2023-2024 collection during Paris Fashion Week in Paris, on February 28, 2023. (AFP)
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Dior Channels Rebellious Women at Paris Fashion Week

A model presents a creation from Christian Dior Womenswear Fall-Winter 2023-2024 collection during Paris Fashion Week in Paris, on February 28, 2023. (AFP)
A model presents a creation from Christian Dior Womenswear Fall-Winter 2023-2024 collection during Paris Fashion Week in Paris, on February 28, 2023. (AFP)

After Milan, global fashion's spotlight shifted to the final stretch of ready-to-wear shows in Paris on Tuesday, as the industry looks to the future with all the final fall trends.

But displays in the French capital will also revisit the past this week, with homages to recently deceased designers Vivienne Westwood and Paco Rabanne.

Here are some highlights of Tuesday's fall-winter 2023-2024 collections, including Dior:

Dior’s rebels

A surreal and colorful organic world awaited guests inside Paris' Tuileries gardens.

A spectacular Dior installation suggestive of a giant octopus spanned the length and breadth of the runway, its color-rich fabric tentacles gleaming with thousands of tiny lights. It was the work of Portuguese artist Joana Vasconcelos, who wanted to explore how organic form interacted with the "feminine realm of artisanal savoir-faire."

It made for a dazzling backdrop especially given the flurry of paparazzi flashes snapping guests including model Elle Macpherson, K-pop star Jisoo and actresses Maisie Williams and Charlize Theron.

If the decor seemed futuristic, designer Maria Grazia Chiuri used the past as a touchstone in the clothes, resulting in less exuberance — but no less flair.

Three women -- the house founder’s sister Catherine Dior, a French resistance hero, as well as French singers Edith Piaf and Juliette Greco, each described as "rebellious, at once strong and fragile" -- were muses in this collection. It channeled the 1950s, Christian Dior’s heyday.

A vintage air was evoked in a faded black leather menswear coat, crumpled houndstooth skirt and wrinkled woolen socks.

Elsewhere, sweaters and skirts sported extra volume in the shoulders or hips in a nod to the thicker fabrics of the post-war period. Stand out pieces included a black textured skirt hung heavily with thousands of embellished flowers that cut a fine androgynous figure below a white shirt and tie. While mottled fabric featured a gleaming metallic thread sewn into it, revealing the skills of Dior’s atelier.

Chiuri's empowering styles impressed Theron, who told The AP: "She loves women. And in loving women she understands that a woman is feminine but also masculine. We’re vulnerable and we’re strong. We’re contradictions. We’re a little bit of everything, and I love that she has that wisdom."

Mame Kurogouchi, past and future

The Japanese ready-to-wear brand of Mame Kurogouchi delves edgily between past and present, mixing traditional dressmaking with new technologies.

This was on full display at fall’s minimalist take on the 80s — as far as a decade that exuberant can be minimalist.

A gray pantsuit with crisp clean lines had a futuristic feel with a diagonal dynamic. A black scarf that gripped the neck like a hand tugged down the shoulder, complementing a black space age fanny pack that evoked a cummerbund.

A pared down color palette created a sanitized feel that worked nicely on the 80s references — broad, flat apron silhouettes, hoods and thickly textured top-heavy ensembles.



Nike's New CEO Plans to Go Back to Basics in Brand Overhaul Effort

The Nike swoosh logo is seen outside the store on 5th Ave in New York, New York, US, March 19, 2019. (Reuters)
The Nike swoosh logo is seen outside the store on 5th Ave in New York, New York, US, March 19, 2019. (Reuters)
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Nike's New CEO Plans to Go Back to Basics in Brand Overhaul Effort

The Nike swoosh logo is seen outside the store on 5th Ave in New York, New York, US, March 19, 2019. (Reuters)
The Nike swoosh logo is seen outside the store on 5th Ave in New York, New York, US, March 19, 2019. (Reuters)

Nike's new CEO Elliott Hill warned of a long road to sales recovery for the sportswear giant, but the veteran executive's plan to turn the spotlight on sports like basketball and running, allayed some investor worries.

The company said on Thursday it was expecting third-quarter revenue to drop to low double digits after the embattled sportswear seller's quarterly results beat market estimates.

Hill, in his first public address as CEO on the post-earnings call, said Nike had "lost its obsession with sport" and vowed to put it back on track by refocusing on sport and selling more items at premium prices, Reuters reported.

"The recovery is going to be a multi-year process, but he(Hill) seems to be going back to the roots, back to Nike being Nike," said John Nagle, chief investment officer at Kavar Capital Partners, which owns Nike shares.

"(Hill plans to shift focus) away from some of the streetwear and fashion that had taken over the brand, the heavy discounting and the neglect of retailers. Just taking it back to what worked," Nagle said.

Hill, who was with Nike for more than three decades, returned as CEO in October to revive demand at the firm that has been struggling with strategy missteps that soured its relations with retailers such as Foot Locker.

Earlier this month, Foot Locker CEO Mary Dillon said Hill was "taking the right actions for the brand" and the retailer was "working closely" with Nike to emphasize newer sportswear styles, including Vomero and Air DT Max.

"(The retailers) they want us to get back to being Nike, and they want us to have the unrelenting flow of innovative products... and they want us to get back to delivering bold brand statements that help drive traffic," Hill said.

The company's market share dwindled as rival brands, including Roger Federer-backed On and Deckers' Hoka , lured consumers with fresher and more innovative styles.

Hill also highlighted that a lack of newness led Nike to become too promotional and said he plans to shift to selling more at full price on its website and app.

"With another half year of franchise management coupled with investment to reinvigorate the brand, we believe the next four quarters could be the worst of the margin erosion and earnings per share reductions," Barclays analyst Adrienne Yih said.

At least seven brokerages cut price targets on the stock with some analysts pointing to the lack of a clear timeline for Nike to return to growth.

Shares of Nike, which have lost about half of its value in the last three years, were down nearly about 2% in early trading on Friday.

Nike's forward price-to-earnings ratio for the next 12 months, a benchmark for valuing stocks, was 27.53, compared with 33.47 for Deckers and 32.32 for Adidas.

"A rudderless ship now has a rudder, and a sailor who knows how to drive it," said Eric Clark, portfolio manager at the Rational Dynamic Brands fund that owns Nike shares.