Valentino Holds Black Tie Paris Show, Lanvin Goes Simple

Models wear creations as part of the Lanvin Fall/Winter 2023-2024 ready-to-wear collection presented Sunday, March 5, 2023 in Paris. (AP)
Models wear creations as part of the Lanvin Fall/Winter 2023-2024 ready-to-wear collection presented Sunday, March 5, 2023 in Paris. (AP)
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Valentino Holds Black Tie Paris Show, Lanvin Goes Simple

Models wear creations as part of the Lanvin Fall/Winter 2023-2024 ready-to-wear collection presented Sunday, March 5, 2023 in Paris. (AP)
Models wear creations as part of the Lanvin Fall/Winter 2023-2024 ready-to-wear collection presented Sunday, March 5, 2023 in Paris. (AP)

Cars snaked for blocks dropping off countless VIPs for Valentino’s “black tie” show at Paris Fashion Week as the evening Paris lights bathed the nearby Arc de Triomphe. Its designer Pierpaolo Piccioli put on a star-studded collection that deconstructed the suit amid androgyny and sartorial plays.

Meanwhile at Lanvin, stars such as Avril Lavigne sat beneath the Gothic-style arches to view the oldest couture house’s latest designs, which subtly evoked history.

Here are some highlights of Sunday’s ready-to-wear displays.

Valentino’s black tie

Brooklyn Beckham and Nicole Peltz soaked up photographers’ flashes inside the ornate Hotel Salomon de Rothschild in the moment of calm before the storm. Then as 8pm approached, hordes of fashion insiders wrestled for their places at one of the Paris season’s hotly anticipated shows.

This fall, Piccioli captured the gender fluid zeitgeist with a display that dissected the suit – with black ties, flashes of punk and gold earrings.

Sheer black blouses sported big white polka dots. A white shirt and black tie became an all-enveloping floor sweeping gown. Myriad plumes poked out deftly from a statement black and white striped feather coat.

Thin black ties – the theme of the show -- were abundant, as were takes on the white shirt, which at times caught echoes of Celine’s Hedi Slimane.

Yet the monochromatic musing was handled with subtlety, and balanced with bursts of on-trend eye-popping color – such as a long wool citrine coat or an emerald green leather poncho-jacket.

The art of the invitation

The age of email and rising environmental awareness doesn’t seem to have left much of a mark on the fashion industry’s antiquated system of invitations. Season after season, gasoline-guzzling couriers crisscross Paris to personally deliver ever-elaborate, often handmade, invites – sometimes even for shows touting ecological awareness!

Top houses vie for the wackiest or most imaginative idea that often bears a clue as to the theme of the runway collection.

Balenciaga’s invite was a toile blazer set against a plain background that fashion insiders interpreted as signaling a fresh start for the embattled designer Demna Gvasalia. Balenciaga apologized last year after harsh industry-wide criticism of its ads featuring child abuse papers and bondage bears.

Gvasalia has told media that he was now going back to his roots of making jackets as that is where he began as a designer, acknowledging with humility that fashion was not about “buzz.”

Givenchy sent out a giant patent black croc purse containing the details of the show that moved in a glamorous direction.

While, was Chloe’s invitation box of Alain Ducasse designer cacao chocolates aimed at sweetening guests after a spate of middling reviews?

Lanvin is simple

References to the 1940s, 1980s, the 18th century, the medieval and the Renaissance mingled together inside the historic arches of Paris’ thirteenth century College of Bernardins. Yet despite these myriad styles, this fall-winter collection remained a pared down affair -- simply chic, and intentionally lacking in adornments and embellishments.

There were some nice touches. Stud-like polka-dots adorning shirts, slit skirt-suits and coats provided a lift. Elsewhere, a pink 1940s coat with sloping shoulders became a statement piece in textured pink. A black satine gown featured a diagonal dynamic cleverly matching the angle of the stone arches in the decor behind.

The show’s simplicity belied the inner passion of Lanvin’s designer Bruno Sialelli. The house quoted the Swedish-American Sculptor Claes Oldenburg, who died last year, as saying: “Making things. What fun! And things being made, Go away!”

Alexander McQueen’s orchid

Designer Sarah Burton said she was drawn to the orchid, the leitmotif of her gothic-tinged fall collection for Alexander McQueen, because of its strange beauty and adaptability.

“It thrives in the air, resists being rooted and grows in the wild,” she said. “The orchid mimics both predator and prey.”

The anatomy of the orchid – and of human flesh – was this dissected in this original display that turned the beauty of the one of the world’s most common flowers into something almost threatening, sinister and provocative.

The inside orchid featured as a blown up white image on the skirt of a black billowing Asiatic look. Taken from above, the flower’s lips and column resembled a fierce creature, mouth open, ready to feed.

A sublime sheath in torch red had Giger-like tendrils creeping round the bust and hips evoking the myriad orchid roots.

Front row stars Eddie Redmayne and Elle Fanning admired and applauded.



Fashion Commission Launches 1st Executive Master’s Program in Riyadh

Fashion Commission Launches 1st Executive Master’s Program in Riyadh
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Fashion Commission Launches 1st Executive Master’s Program in Riyadh

Fashion Commission Launches 1st Executive Master’s Program in Riyadh

The Fashion Commission announced the launch of the first Executive Master’s program to be delivered in Riyadh, developed in collaboration with the world-renowned Institut Français de la Mode (IFM).

The new program marks a significant leap in advancing fashion education and executive training within the Kingdom, according to SPA.

The Executive Master’s in Strategic Management of Fashion & Luxury represents a new milestone in fashion education, taking place in Riyadh for the first time. It is a 15-month hybrid executive master’s degree track designed for high-potential professionals seeking advanced executive training while continuing their careers. Delivered through a blend of in-person modules in Riyadh and Paris, alongside supervised online learning, the program equips participants with strategic, managerial, and analytical expertise tailored to the rapidly evolving fashion and luxury sector.

Designed with market needs in mind, the executive master’s curriculum covers creation and design, brand strategies, sustainability, new consumer behaviors, retail innovation, fashion media, collection management, and future industry perspectives. Participants will also complete a thesis that contributes new knowledge to the regional and global fashion landscape.

The program is taught by IFM’s internationally recognized faculty, experts in fashion history, sustainability, consumer behavior, design, and luxury management, alongside industry leaders from major global houses, fashion federations, media groups, and innovation-driven organizations.

This landmark program builds on the Fashion Commission’s ongoing partnership with IFM since June 2022. Within the first year, the collaboration introduced high-level educational initiatives, including the Advanced Management Program for Luxury Fashion and the Executive Master’s in Luxury Fashion, designed to elevate local talent and strengthen the Kingdom’s creative workforce.

These programs have contributed to developing the skills and knowledge required to support a world-class fashion ecosystem.

The launch of the Executive Master’s marks a pivotal step in establishing Riyadh as an education hub for the fashion and luxury sectors. By bringing a master’s qualification of this caliber directly to the Kingdom, the Fashion Commission reinforces its commitment to enabling professional growth, supporting innovation, and creating globally competitive talent pipelines.


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.