Transformation and East-meets-West Cap Paris Menswear Week

A model wears a creation as part of the VTMNTS Ready To Wear Fall/Winter 2022-2023 fashion collection, unveiled during the Fashion Week in Paris, Friday, March 4, 2022. (AP Photo/Michel Euler)
A model wears a creation as part of the VTMNTS Ready To Wear Fall/Winter 2022-2023 fashion collection, unveiled during the Fashion Week in Paris, Friday, March 4, 2022. (AP Photo/Michel Euler)
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Transformation and East-meets-West Cap Paris Menswear Week

A model wears a creation as part of the VTMNTS Ready To Wear Fall/Winter 2022-2023 fashion collection, unveiled during the Fashion Week in Paris, Friday, March 4, 2022. (AP Photo/Michel Euler)
A model wears a creation as part of the VTMNTS Ready To Wear Fall/Winter 2022-2023 fashion collection, unveiled during the Fashion Week in Paris, Friday, March 4, 2022. (AP Photo/Michel Euler)

As Paris Fashion Week bids farewell to the menswear season, the final day of shows includes collections from Maison Margiela and Sacai.

But fashion insiders won’t have time to rest. Haute couture collections, including from powerhouse Dior, are set to go on display starting Monday in the French capital.

Here are some highlights from Sunday:

WOOYOUNGMI

It was East meets West for lauded Korean designer Woo Youngmi, whose show was more than meets the eye.

The current Western obsession with Korean pop culture inspired Madame Woo to take a look at the shifting relationship between Korea and the West over time.

Delving into the history books, she hit upon the image of the Korean Pavilion created for the 1900 Paris Exposition. The fashion house described it as “a magnificent building constructed in the style of the South Korean palaces but re-contextualized within the Haussmannian environment of Paris.”

This was the starting point of the thoughtful collection, which featured romantic silhouettes fusing the fin de siècle French and English Edwardian styles -- through riding coats, sack suits and riding boots -- with urban styles such as cargo elements and archival pieces from Woo’s early 2000s collections.

She also reinterpreted jewelry worn by the rulers of Korea’s ancient Silla kingdom in a contemporary, decorative sculptural form.

SACAI UNZIPS

Transformation was at the heart of a disruptive, fashion-forward co-ed Sacai show.

The basic premise was that changing one detail, just a little, can transform an entire visual shape. The black sand that covered the entire venue floor at the Carreau du Temple -- perhaps signifying the sands of time — made the point when the slightest movement from guests’ feet changed its shape.

Japanese designer Chitose Abe used zippers to demonstrate shifting silhouettes, taking the same garment with the zipper up or down, and draped around the body in abstract ways.

There was a sense of infinite chaos in the three-dimensional shapes created by tying coats to the back of garments in the mainly black and beige display. The booming soundtrack, and the way models walked in interlocking formations, sometime accidentally nearly bumping into each other, enhanced the mood.

A trench coat was deconstructed into its constituent parts and fanned open dramatically to form a sort of reptilian hood trailing at the back. Sleeves on coats hung limply, without functionality, or were tied up to create infinitely varied shapes that had fashion insiders reaching for their cameras.

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, show invites.

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

The invitation Issey Miyake sent out ahead of a display that played with making complex shapes was a folding origami puzzle.

Marine Serré’s was a series of nostalgic keyrings from the 1960s -- a mini vegetable oil bottle and black chain. Covering it was a handwritten note: “My grandfather who was a collector taught me how to find the beauty in abandoned everyday life objects.”

Louis Vuitton’s was, incredibly, a real-sizef movie set clapboard inviting guests to the cinematic show whose set was co-designed by movie director Michel Gondry.

MAISON MARGIELA LOOKS INSIDE

In an inward-gazing take on fashion, and within its new posh west Paris headquarters, Maison Margiela presented a theatrical collection against the backdrop of tableaux scenes from its own groundbreaking couture film “Cinema Inferno” from last year, heralding the return of the fictional star-crossed lovers, Count and Hen.

Guests, including Kylie Jenner, who caused a media frenzy upon arrival, were led to a fake crime scene with a crashed car that followed on from the “Southern Gothic” film noir tale. This was, it seemed, Part II.

Whatever it was — many attending agreed how it was a totally new way to present a show.

The runway designs shown separately were typically accomplished — with drama and detailed execution and styling every second. That included the unnerving, eccentric David Lynch-style swag of model Leon Dame who capped the show in voluminous, snipped away deconstructed trench and veil.

It was Americana throughout. That, mixed with the techniques of Parisian couture that designer John Galliano made famous during his tenure at Christian Dior from 1997–2011.

Tulle skirts, silk chiffon rompers, head pieces, fishnets, glitter and sequins came together in an exuberant cauldron of styles.

Party dresses, sometimes embellished with sequins, were constructed in silks and velvets — and came alongside hot pointed bras.



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.