Sparkle, Dance and Postal Service Infuse Paris Fashion Week

A model wears a creation by designer Isabel Marant. (AFP)
A model wears a creation by designer Isabel Marant. (AFP)
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Sparkle, Dance and Postal Service Infuse Paris Fashion Week

A model wears a creation by designer Isabel Marant. (AFP)
A model wears a creation by designer Isabel Marant. (AFP)

From escapism at the disco, to resistance and aggression, even to pondering the importance of the postal service while working from home, designers in Paris have presented divergent creative responses to the global health crisis as spring-summer shows continued Friday.

Like Milan before it, Paris is undertaking an unusual fashion season for spring-summer 2021 because of the coronavirus pandemic.

For its nine-day duration, the calendar is flitting between 16 in-person, ready-to-wear runway collections, with masked guests, celebrities and editors in seated rows, around 20 in-person presentations, and several dozen completely digital shows streamed online with promotional videos.

Some of the show's highlights:

Issey Miyake’s post
The starting point of the latest collection from the Japanese house famed for its techo-fabrics came as the designer was staring one day at a sea of boxes and contemplating the sheer amount of clothing due to be shipped to Paris from his native country.

There Satoshi Kondo had what the house called an “epiphany” about a design idea — making a whole display so compact that it could fit into one box — by tying, rolling, folding, stacking and layering garments.

“I was inspired by the idea of delivering garments in compact forms to people all around the world and by doing so sharing the wonder and joy of unpacking them,” Kondo told The Associated Press in an email.

Kondo said in particular the situation surrounding the coronavirus pandemic, during which many people are working from home and relying on mail, also inspired him to explore this theme.

“As my team and I found ourselves working from home, I started to explore the idea of how a garment can be packed or unpacked,” Kondo added.

The collection was titled “unpack the compact.”

Lightweight black, white coffee and iceberg vests were made up molding fabrics into a soft shell — so that there were no seams. A loose cadmium orange dress was the strongest piece in a series of garments made of interlocking pieces of fabric that are held together thanks to zippers. On one biker jacket in that series, the wearer can play around with the zippers to create a different form.

“The garments I have created for this collection allow our perspectives to change, creating a multidimensional experience when realizing that the compact abstractions can be worn,” Kondo said.

Paris fashion museum reopens
After delays because of the COVID-19 crisis, Paris fashion museum the Palais Galliera has finally reopened following about two years of construction and renovation work to coincide with Paris Fashion Week.

The opening exhibition appropriately is a retrospective dedicated to the pioneering Parisian designer Gabrielle “Coco” Chanel who died in 1971. The exhibit moves from the start of her career, featuring key garments such as an iconic 1916 striped jersey, all the way to the LBD of the 1920s and the pre-World War II period.

The designer’s life came at a consequential moment in Europe, as war nearly shuttered her fashion house. Perfume and accessories were for a period the only surviving lines sold at 31 rue Cambon in Paris. Chanel thus made her name as much in perfume as couture, and the enduring No. 5 fragrance — created in 1921 and immortalized by Marilyn Monroe — is given an entire room. The exhibit runs until March 14.

Isabel Marant
Fashion “rebels” Debbie Harry of Blondie and singer Kim Wilde were cited as inspirations for French designer Isabel Marant’s spring-summer collection on Thursday night, which sparkled with ’80s shimmer and bright statement color.

The fun, girly looks — such mini-shorts revealing inches of legs, a one-shouldered skintight purple glitter dress and a pair of shimmering high-waisted lamé culottes in brilliant lavender — didn’t seem to reference the resistance and aggression seen by other designers responding to the uncertain times.

At this house, Marant said that her response was “a burning desire to go out, dance and escape.” The large leather cowboy style boots channeled the decade of excess — but this collection imitated that era’s styles, more than innovating its own.

Olivier Theyskens
All eyes are on Olivier Theyskens, the former Rochas designer, after he was tapped as artistic director of couture house Azzaro earlier this year.

In his eponymous lines, the French-Belgian designer has been associated with the romantic and couture-infused aesthetic of the early to mid-twentieth century. In Friday’s presentation, the finesse and couture were turned fully up.

A silken champagne-colored gown had 1940’s cross-over lapels and delicate ruching at the midriff. A pair of taupe gray wide-leg pants was made of shimmering material and fell sumptuously owing to a series of vertical knife pleats.

But there were also subtle subversions and contradictions. A kinky black leather “Batgirl”-style micro dress had Renaissance-like sloping shoulders, and historic corset ribbing. And all models donned flaming red wigs, styled like French-Canadian pop star Mylene Farmer.



Kering’s Fourth-Quarter Sales Fall Less Than Expected as Gucci Slide Continues

The logo of French luxury group Kering is seen at Kering headquarters in Paris, France, February 13, 2023. (Reuters)
The logo of French luxury group Kering is seen at Kering headquarters in Paris, France, February 13, 2023. (Reuters)
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Kering’s Fourth-Quarter Sales Fall Less Than Expected as Gucci Slide Continues

The logo of French luxury group Kering is seen at Kering headquarters in Paris, France, February 13, 2023. (Reuters)
The logo of French luxury group Kering is seen at Kering headquarters in Paris, France, February 13, 2023. (Reuters)

Kering reported on Tuesday a slightly smaller-than-expected drop in fourth-quarter sales, as investors await details of CEO Luca de Meo's plans ​to revive the Gucci owner's flagging fortunes.

Sales reached 3.9 billion euros ($4.64 billion), down 3% from the previous year when adjusted for currency swings. That beat analysts' consensus forecast for a 5% drop, according to Visible Alpha.

The revenue drop was 10% at Italian flagship label Gucci, which accounts for most of Kering's profits, versus analyst expectations of a 12% decline.

It ‌was the brand's ‌10th straight quarter of revenue ‌decline.

Finance ⁠Chief ​Armelle ‌Poulou told journalists Gucci saw some improvement at the end of last year in "almost all regions", helped by newly introduced products and handbag sales.

Grappling with weak sales since the maximalist styles of Gucci's former star designer Alessandro Michele fell out of fashion in 2022, Kering has faced heightened investor scrutiny over its high ⁠debt and declining profitability.

Free cash from operations fell by 35% last year ‌when excluding one-off payments from real estate ‍sales, reaching 2.3 billion euros, Kering ‍said.

"For Kering, it's really about (restoring) the broad desirability globally," said ‍JPMorgan analyst Chiara Battistini.

Facing an uncertain business outlook, the group, which also owns Gucci Balenciaga, Bottega Veneta and Yves Saint Laurent, further reduced its store network by 75 boutiques with further closures planned, Poulou said.

The ​earnings underscored the steep challenges Kering faces to catch up with peers even though its shares have ⁠risen around 50% since de Meo's appointment was announced last June.

"2025 did not reflect Kering's true potential or the strength of our brands, but it enabled us to lay the foundations for our future recovery," said Poulou.

Kering's annual operating income reached 1.63 billion euros, less than a third of its 2022 level. Kering's operating profit margin fell to 11% group-wide and 16% at Gucci, down from 28% and 36% three years earlier.

By contrast, LVMH delivered a 22% margin last year amid ‌a broader luxury slowdown, with its leather and fashion division - home to Louis Vuitton and Dior - hitting 35%.


Pieter Mulier Named Creative Director of Versace

(FILES) Pieter Mulier attends the 2025 CFDA Awards at The American Museum of Natural History on November 03, 2025 in New York City. (Photo by Dimitrios Kambouris / GETTY IMAGES NORTH AMERICA / AFP)
(FILES) Pieter Mulier attends the 2025 CFDA Awards at The American Museum of Natural History on November 03, 2025 in New York City. (Photo by Dimitrios Kambouris / GETTY IMAGES NORTH AMERICA / AFP)
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Pieter Mulier Named Creative Director of Versace

(FILES) Pieter Mulier attends the 2025 CFDA Awards at The American Museum of Natural History on November 03, 2025 in New York City. (Photo by Dimitrios Kambouris / GETTY IMAGES NORTH AMERICA / AFP)
(FILES) Pieter Mulier attends the 2025 CFDA Awards at The American Museum of Natural History on November 03, 2025 in New York City. (Photo by Dimitrios Kambouris / GETTY IMAGES NORTH AMERICA / AFP)

Belgian fashion designer Pieter Mulier has been named the new creative director of the Milan fashion house Versace starting July 1, according to an announcement on Thursday from the Prada Group, which owns Versace.

Mulier is currently creative director of the French fashion house Alaïa, and was previously the right-hand man of fellow Belgian designer and Prada co-creative director Raf Simons at Calvin Klein, Jil Sander and Dior.

In his new role, Mulier will report to Versace executive chairman Lorenzo Bertelli, the designated successor to manage the family-run Prada Group. Bertelli is the son of Miuccia Prada and Prada Group chairman Patrizio Bertelli.

“We believe that he can truly unlock Versace’s full potential and that he will be able to engage in a fruitful dialogue,’’ The Associated Press quoted Lorenzo Bertelli as saying of Mulier in a statement.

Mulier takes over from Dario Vitale, who departed in December after previewing just one collection during his short-lived Versace stint.

Mulier was honored last fall by supermodel and longtime Alaïa muse Naomi Campbell at the Council of Fashion Designers of America for his work paying tribute to brand founder Azzedine Alaïa. Mulier took the creative helm in 2021, after Alaïa’s death.


Ralph Lauren’s Margin Caution Eclipses Stronger‑than‑expected Quarterly Results

Guests wait after viewing the latest Ralph Lauren collection in New York City, US, April 17, 2025. REUTERS/Caitlin Ochs/File photo
Guests wait after viewing the latest Ralph Lauren collection in New York City, US, April 17, 2025. REUTERS/Caitlin Ochs/File photo
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Ralph Lauren’s Margin Caution Eclipses Stronger‑than‑expected Quarterly Results

Guests wait after viewing the latest Ralph Lauren collection in New York City, US, April 17, 2025. REUTERS/Caitlin Ochs/File photo
Guests wait after viewing the latest Ralph Lauren collection in New York City, US, April 17, 2025. REUTERS/Caitlin Ochs/File photo

Ralph Lauren posted third-quarter results above Wall Street estimates on Thursday, but the luxury retailer's warning of margin pressure tied to US tariffs sent its shares down nearly 6.4% in premarket trading.

The company expects fourth-quarter margins, its smallest revenue period, to shrink about 80 to 120 basis points due to higher tariff pressure and marketing spend.

Ralph Lauren, which sources its products from regions such as China, India and Vietnam, has relied on raising prices and reallocating production to regions with lower duty exposure to offset US tariff pressures, Reuters reported.

"Ralph Lauren has been able to raise prices for some time now. There is some limit on how long it can continue to do this. I think (the company's) gross margins are near peak levels," Morningstar analyst David Swartz said.

The company, which sells $148 striped linen shirts and $498 leather handbags, has tightened inventory, lifted full-price sales and refreshed core styles, boosting its appeal among wealthier and younger customers, including Gen Z.

Higher-income households are still splurging on luxury items, travel and restaurant meals, while lower- and middle-income consumers are strained by higher costs for rents and food as well as a softer job market.

The New York City-based company saw quarterly operating costs jump 12% year-on-year as it ramped up brand building efforts through sports-focused brand campaigns such as Wimbledon and the US Open tennis championship.

The luxury retailer said revenue in the quarter ended December 27 rose 12% to $2.41 billion, above analysts' estimates of a 7.9% rise to $2.31 billion, according to data compiled by LSEG.

It earned $6.22 per share, excluding items, compared to expectations of $5.81, aided by a 220 basis points increase in margins and an 18% rise in average unit retail across its direct-to-consumer channel.

Ralph Lauren now expects fiscal 2026 revenue to rise in the high single to low double digits on a constant currency basis, up from its prior forecast of a 5% to 7% growth.