Loewe Mixes Fashion with Giant Confetti Cubes at Paris Show

A model presents a creation from the Fall/Winter 2023/24 Womenswear collection by Jonathan Anderson for Loewe during the Paris Fashion Week, in Paris, France, 03 March 2023. (EPA)
A model presents a creation from the Fall/Winter 2023/24 Womenswear collection by Jonathan Anderson for Loewe during the Paris Fashion Week, in Paris, France, 03 March 2023. (EPA)
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Loewe Mixes Fashion with Giant Confetti Cubes at Paris Show

A model presents a creation from the Fall/Winter 2023/24 Womenswear collection by Jonathan Anderson for Loewe during the Paris Fashion Week, in Paris, France, 03 March 2023. (EPA)
A model presents a creation from the Fall/Winter 2023/24 Womenswear collection by Jonathan Anderson for Loewe during the Paris Fashion Week, in Paris, France, 03 March 2023. (EPA)

Fragile half-ton cubes of colored confetti lay on Loewe’s white runway at Paris Fashion Week. Ushers desperately tried to guide guests including Jamie Dornan, Naomi Campbell and Catherine O’Hara around the blocks fearing the decor would disintegrate at the slightest brush. Sometimes, it partially did.

The highly creative show itself by Jonathan Anderson – that used feathers, and satins and velvet — continued the theme of reduction and ephemeral impressions.

Here are some highlights of Friday’s fall-winter 2023-2024 ready-to-wear shows in Paris.

Loewe is sublime

For fall, the brand’s lauded Northern Irish designer continued his exploration of pared-down and reductive styles — where a single garment often comprised the entire look.

Loewe described it as "an idea of elementality: one piece, and that’s it, reduced to the bluntest shape possible."

The touchstone of the Old Master painters, as seen in Anderson's men’s collection, was felt here again with collapsed leather Renaissance boots and use of satin, silk duchesse, velvet, crystals and feather.

The pastel-rich collection's feathered pieces were the most original: The plumes were unusually wide and placed across garments like a shell. They came as a downy covering on a buttery white top with some feathers jutting out haphazardly, or on thick texture blue-gray flared pants evoking an anthropomorphic bird.

One pale blue gown appeared to be simply a length of satin draped from the chest from a big gold ball. Elsewhere, the idea of fashion or life itself as ephemeral and ever-moving was conveyed through blurred prints on loose gowns, which sometimes resembled an X-ray.

They were, the house said, "about putting into focus what may seem unclear right now." It's clear that Loewe under Anderson’s creative eye has become one of the most anticipated collections in the industry.

Color blocking

In perhaps the most original take on color blocking ever seen at Paris Fashion Week, Loewe collaborated with Italian artist Lara Favaretto to create literal blocks of color. Twenty-one confetti cubes standing 90 centimeters (35 inches) high and pure in deep reds, blues, yellows and greens impressed guests.

O’Hara, who watched the show beside US Vogue Editor-in-Chief Anna Wintour, exclaimed "Wow look at the blue" as a guest evaded security to pose by one cube — triggering a crumble of confetti flakes.

"I was kind of hoping one would dissolve in the show, as there’s nothing really holding them together," O’Hara told The Associated Press. "Isn’t that crazy?" O’Hara said Anderson’s designs showed "completely original ideas, fresh, without being new for new sake."

"They were the most unusual silhouettes and shapes but still were flattering," she added.

Issey Miyake's square

A fusion of music, dance and theater awaited at the Japanese techno-fabric-loving house.

A live marimba percussion performance opened the show at the Chatelet Theater, one of Paris’ most prestigious stages. The show took the idea of a music score, or a canvas, or a piece of fabric being square – and explored this theme of squareness.

"The collection engages with this rational shape ... to develop garments of striking forms," the house explained. It said its aesthetic was based on "a new iteration" of the unfilled space.

Three-dimensional "canopy" gowns folded down like paper origami. Square motifs were knitted horizontally and vertically — hitting a high on a stretchy green gown with a stretch lozenge shaped front. Creative looks included gowns made with cutting edge technology to shrink woven yarn to a unique texture.

Valli gets eclectic

A Balkan and Eastern aesthetic permeated a sparkling, and sometimes eclectic, display from Italy’s Giambattista Valli.

Tight ethnic waistcoats mixed with ruffles, gold buttons, 60s minidresses, florals, floaty tulle, thick tweed, black leather biker boots, shades, gold banded waists and even menswear looks.

The best designs were those with a simple Balkan flavor — such as one fluttery, off-white column dress with diagonal banding. It was accessorized with ethnic pear-shaped earrings.



Nike Trips as Forecast of Another Sales Decline Dims Quick Turnaround Hopes 

Nike shoes are seen displayed at a sporting goods store in New York City, New York, US, May 14, 2019. (Reuters)
Nike shoes are seen displayed at a sporting goods store in New York City, New York, US, May 14, 2019. (Reuters)
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Nike Trips as Forecast of Another Sales Decline Dims Quick Turnaround Hopes 

Nike shoes are seen displayed at a sporting goods store in New York City, New York, US, May 14, 2019. (Reuters)
Nike shoes are seen displayed at a sporting goods store in New York City, New York, US, May 14, 2019. (Reuters)

Nike shares slipped nearly 6% premarket on Friday after the sportswear giant warned of another quarter of sales decline, leaving some investors worried about the pace of a crucial turnaround under new CEO Elliott Hill.

The company on Thursday forecast a steeper-than-expected drop in fourth-quarter revenue and also reported a 17% slump in China quarterly sales amid weaker discretionary spending in the country.

Hill - who took on the role in October to help the sportswear maker regain lost market share - has laid out what he called a "Win Now" strategy, which includes boosting on-the-ground presence in five key cities including Shanghai and Beijing.

"It is too early to be confident in the turnaround," Sheraz Mian, director of research at Zacks Investment Research, said.

The new management will take time to rebuild relations with other retailers that were weakened by its focus on selling directly via its stores and website and develop a more compelling line of products, he said.

Nike shares are down about 11% since Hill's CEO announcement in September, giving up all the gains following his appointment.

To be sure, Hill has fast-tracked certain sneaker launches such as Pegasus premium and Vomero 18 that helped lift sales in the reported third quarter. Still, Nike is working to move past the previous management's strategy missteps that led to a lack of innovation for its product lines.

Nike's Chief Financial Officer Matthew Friend said the company would take "several quarters" to clear out its dated stock, which would involve margin-hitting discounts.

"Nike is emerging from quite a deep hole from prior management in terms of excess inventory, lack of innovation and brand equity, which we expect will take multiple seasons to correct," Barclays analyst Adrienne Yih said.

Analysts at Barclays also projected that the earliest they foresee a turnaround is in the second half of Nike's fiscal year ending May 2026.

The company's forward price-to-earnings ratio for the next 12 months, a benchmark for valuing stocks, was 30.08, compared with 17.33 for Deckers and 25.91 for Adidas.

"We continue to like the recovery story but don't expect to see much short-term progress," Bernstein analysts said.