Elizabeth Taylor's 'Lucky Charm' Oscar Dress Found in Suitcase in London

A Christian Dior dress worn by Elizabeth Taylor at the 1961 Oscars was discovered in a suitcase in London after more than 50 years Daniel LEAL AFP
A Christian Dior dress worn by Elizabeth Taylor at the 1961 Oscars was discovered in a suitcase in London after more than 50 years Daniel LEAL AFP
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Elizabeth Taylor's 'Lucky Charm' Oscar Dress Found in Suitcase in London

A Christian Dior dress worn by Elizabeth Taylor at the 1961 Oscars was discovered in a suitcase in London after more than 50 years Daniel LEAL AFP
A Christian Dior dress worn by Elizabeth Taylor at the 1961 Oscars was discovered in a suitcase in London after more than 50 years Daniel LEAL AFP

A "lucky charm" Christian Dior dress worn by Elizabeth Taylor on the night she won best actress at the 1961 Oscars is to be sold at auction next month, after being stored in a suitcase in London for over 50 years.

It had been assumed the floral print gown with a crimson silk bloom at the waist was already in the Christian Dior archive in Paris, AFP said.

In fact, the gown -- along with 11 other garments owned by the star -- had been carefully stored in a large plastic suitcase in her former personal assistant's spare room since 1971.

Taylor, accompanied by fourth husband Eddie Fisher, wore the dress designed by Marc Bohan for Dior to the 33rd Academy Awards.

Her relationship with Fisher, whom she was accused of stealing from actor Debbie Reynolds, was considered a scandal and had sparked a storm of negative publicity.

The outcry had left Taylor convinced she would not win, said Kerry Taylor, whose specialist vintage fashion auction house is selling the dress.

"She had been the bridesmaid and never the bride at the Oscars and on this occasion she really didn't expect to win having been passed over before and having had all the negative press over Eddie Fisher," she told AFP.

After her Oscar triumph, the star came to regard the dress as "something of a lucky charm" and took it with her all over the world.

"Elizabeth Taylor was still taking this dress from place to place with her after 10 years. She didn't wear it on other occasions, she just liked to have it with her," Taylor said.

'Just second hand dresses'
The garments in the suitcase were among a large number gifted to former employee Anne Sanz, whose husband Gaston worked as Taylor's chauffeur and bodyguard.

The couple travelled the world with the actor and her fellow Hollywood star husband Richard Burton at the height of their fame in the 1960s and 70s.

But despite the Dior dress's sentimental value, by 1971 Taylor's travel wardrobe was sometimes running to 40 huge suitcases and she was happy to let it go.

The actor opened up her wardrobe at London's Dorchester Hotel one day in 1971, telling Sanz "take whatever you like!"

Taylor had also given Sanz a white cocktail dress and matching bolero for her wedding.

Other items due to be sold include Tiziani haute couture by Karl Lagerfeld and a "black widow" robe Taylor wore in the 1967 film "Boom", also by Lagerfeld.

Taylor and Burton were godparents to the Sanz's daughter Elizabeth but Anne and Gaston quit after their star employers' second separation, torn over who to continue working for.

Over the years, Sanz wore a couple of the dresses and gave others away to friends and family, never regarding them as particularly significant or valuable.

"Anne obviously wore the white matelasse dress for her wedding and there was one other dress that she wore -- a yellow and blue dress with matching coat," Kerry Taylor said.

"But in a sense, these were just second-hand dresses that belonged to Liz Taylor. So what? This was before celebrity mentality became the thing," she added.

The auction at which the Dior Oscar dress is expected to fetch between £40,000-60,000 ($48,000-$73,000) will take place in London on December 6.



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.