Hummingbirds and Hooves Take over the Red Carpet at Met Gala 

US actress Zendaya arrives for the 2024 Met Gala at the Metropolitan Museum of Art on May 6, 2024, in New York. The Gala raises money for the Metropolitan Museum of Art's Costume Institute. The Gala's 2024 theme is “Sleeping Beauties: Reawakening Fashion.” (AFP)
US actress Zendaya arrives for the 2024 Met Gala at the Metropolitan Museum of Art on May 6, 2024, in New York. The Gala raises money for the Metropolitan Museum of Art's Costume Institute. The Gala's 2024 theme is “Sleeping Beauties: Reawakening Fashion.” (AFP)
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Hummingbirds and Hooves Take over the Red Carpet at Met Gala 

US actress Zendaya arrives for the 2024 Met Gala at the Metropolitan Museum of Art on May 6, 2024, in New York. The Gala raises money for the Metropolitan Museum of Art's Costume Institute. The Gala's 2024 theme is “Sleeping Beauties: Reawakening Fashion.” (AFP)
US actress Zendaya arrives for the 2024 Met Gala at the Metropolitan Museum of Art on May 6, 2024, in New York. The Gala raises money for the Metropolitan Museum of Art's Costume Institute. The Gala's 2024 theme is “Sleeping Beauties: Reawakening Fashion.” (AFP)

From Bad Bunny's Tudor-inspired hat and shoes resembling cloven hooves to the hummingbird perched delicately on Zendaya's neck, the hosts set the tone at fashion's biggest night -- the annual Met Gala in New York.

Florals, animals and vintage couture abounded at the so-called Oscars of the East Coast, a mammoth fundraiser for the Metropolitan Museum of Art's Costume Institute.

The extravaganza's dress code this year is "The Garden of Time" -- which draws inspiration from the 1962 short story of the same name, written by English writer J.G. Ballard.

In essence, it is about the ephemeral nature of beauty -- perhaps a weighty theme to press on the luminaries attending this year's gala.

For sheer drama, co-host Zendaya dominated the green and cream carpet in her first appearance at the Met Gala since 2019.

The 27-year-old star made a highly-anticipated appearance early on wreathed in jewel-toned lame, organza and satin designed by John Galliano, with vines crawling up her duchess corset and arms -- and what appeared to be a hummingbird nestled into her neck.

Hours later she made a surprise second appearance -- this time in dramatic, Mexican Gothic-inspired black, her two outfits bookending the fashion parade and underscoring the transience of beauty.

Most attendees chose to evoke awakenings and life -- and perhaps defied the theme by demonstrating the immortality of fashion through the centuries, with many 17th and 18th century flourishes.

Some -- such as singer Lana del Rey -- emphasized decay, with stark sculptural twigs rising from her gown to hold a veil of tulle like a canopy over her head.

South African singer Tyla's strapless Balmain gown evoking the sands of time -- right down to the hourglass purse -- was sculpted so tightly to her body that she had to be carried up the steps at the Metropolitan Museum of Art.

Puerto Rican singer Bad Bunny evoked a kind of Tudor matador with a sweeping hat and a black bouquet, with the only pop of color his bright red inseam and the patent shine of his cloven shoes.

Cardi B was resplendent in funereal black, with a train so expansive it required nine tuxedoed men to lift it up the stairs.

"It's a black rose," she told journalists.

- 'Mysterious and unexpected' -

Celebrity interpretation of Met Gala themes have been wide-ranging and often sparked social media debate -- but attendees this year appeared to shrug off the pressure.

"I don't even think there's pressure at all, I think it's more of an opportunity," actor Colman Domingo, who carried a bouquet in a lily-colored caped jacket and wide-leg trousers, told journalists.

The theme parallels the exhibit "Sleeping Beauties: Reawakening Fashion," which focuses on the most fragile pieces of the Costume Institute's vast collection.

The show, which will be on view for the public from May 10 through September 2, features clothing so delicate it cannot be displayed on mannequins.

The Costume Institute relies on the blockbuster Met Gala to fund its work, including exhibitions and acquisitions.

The gala was first held in 1948 and for decades was reserved for New York high society. Vogue Editor-in-Chief Anna Wintour, the high priestess of US fashion, took over the show in the 1990s, transforming the party into a catwalk for the rich and famous.

This year, a ticket cost a cool $75,000, with tables starting at $350,000. The 2023 gala -- which celebrated the late designer Karl Lagerfeld -- raised nearly $22 million, a record sum.

But what exactly goes on inside is an enduring mystery.

"Something mysterious, I'm sure, and unexpected," actor Jeff Goldblum told journalists on the red carpet, dressed as a count swathed in Tiffany jewels.

Guests are likely to peruse the exhibit, and stars such as Rihanna -- whose command of the red carpet is usually unparalleled, but who did not appear at this year's gala -- have performed in the past.

- Social media frenzy -

The spectacle is social media catnip for celebrity watchers -- and once again this year, both the gala and the exhibit are co-sponsored by TikTok.

The tech world joined luminaries of music, film, politics and sports on the carpet, with TikTok CEO Shou Chew, also an honorary co-chair, in attendance.

Outside the event, several hundred protesters against the war in Gaza demonstrated nearby, with security tight and several arrests made as stars walked the red carpet.



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.