Goosebumps and Stars as Paris Fashion Week Kicks Off

Kendall Jenner at the L'Oreal show on the first night of Paris Fashion Week. JULIEN DE ROSA / AFP
Kendall Jenner at the L'Oreal show on the first night of Paris Fashion Week. JULIEN DE ROSA / AFP
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Goosebumps and Stars as Paris Fashion Week Kicks Off

Kendall Jenner at the L'Oreal show on the first night of Paris Fashion Week. JULIEN DE ROSA / AFP
Kendall Jenner at the L'Oreal show on the first night of Paris Fashion Week. JULIEN DE ROSA / AFP

Hollywood stars braved the rain to open Paris Fashion Week at L'Oreal's giant outdoor show Monday as rumors swirl of musical chairs at the top of fabled French brands.
The cosmetics giant persuaded Jane Fonda -- in snazzy silver sneakers -- Kendall Jenner, Eva Longoria and several of its other brand ambassadors to walk in a spectacular public show in front of the gilded glory of the Opera Garnier.
With invites to the big luxury shows strictly limited to the glitterati and fashion insiders, L'Oreal said it wanted to democratize the glamor of fashion week.
Introduced by singer Celine Dion, the "Walk Your Worth" show also featured Andie MacDowell, Indian star Aishwarya Rai Bachchan, models with prosthetic limbs and Brazilian supermodel Luma Grothe proudly showing off her bump.
"The idea is to let the public see for themselves the beautiful clothes, settings and people that they would never normally have access to," L'Oreal's Paris director general Delphine Viguier told AFP.
Fashion's young guard had earlier endured a stormy start to the nine-day extravaganza -- Rising French star Victor Weinsanto staged his spring-summer show on the wet and windy roof of the Pompidou Centre museum, his fishnet and mesh ensembles created around Croatian drag queen Le Filip being tested by the elements.
The Paris shows started as falling profits at the two luxury giants LVMH and Kering have sent a shudder through the industry, fueling talk of a "Game of Thrones" among top designers.
Celine's Hedi Slimane and Simon Porte Jacquemus -- the young French designer who made tiny handbags and tiny everything else a thing -- are being talked of to fill Karl Lagerfeld's empty chair at Chanel after Virginie Viard, who took the reins after the death of "the Kaiser" in 2019, bowed out in June.
Hotly anticipated
Tongues are also likely to wag at the spring-summer shows over where John Galliano might go, with his contract at Maison Margiela nearing its end.
The first shows from the big-hitter French houses will come Tuesday with Dior and Saint Laurent, with a packed calendar confirming Paris's crushing dominance over rivals Milan, New York and London.
And there is no let-up at the end: Chanel opens the final day on October 1 by returning to the vast Grand Palais, the scene of some of Lagerfeld's most jaw-dropping shows, after an absence of four years.
The house is shelling out 30 million euros ($33 million) to stage its shows at the iconic Belle Epoque edifice, which reopened after a major facelift to host fencing and taekwondo at the Paris Olympics and Paralympic Games.
With Viard -- long Lagerfeld's right-hand woman -- gone, observers expect a collection drawn from Chanel classics.
In contrast, there could well be fireworks from Alessandro Michele, the mercurial Italian designer who transformed Gucci, who may be keen to make his mark with his debut show for Valentino.
Equally anticipated is French duo Coperni, who are staging their show at Disneyland Paris on the final night, with an after party in the theme park that promises to go on into the wee hours.
The brand's founders, Arnaud Vaillant and Sebastien Meyer, pulled off a coup with their outfit for Belgian singer Angele for the Olympics closing ceremony, and are clearly in a mood to celebrate.
Another hot duo, the Olsen twins, the Los Angeles child actors turned designers, have kept their place for their luxury line The Row in fashion week proper thanks to a cash injection from the owners of Chanel and L'Oreal.
Paris will, however, be without Givenchy this time, with its new British designer Sarah Burton, a stalwart at Alexander McQueen for a quarter of a century, just made creative director.



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.


Saudi Fashion Commission, Kering Launch 'Kering Generation Award X MENA'

This year's award builds on the strong success of the 2025 award, which attracted more than 500 applications, shortlisted 21 finalists, and recognized three winners. SPA
This year's award builds on the strong success of the 2025 award, which attracted more than 500 applications, shortlisted 21 finalists, and recognized three winners. SPA
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Saudi Fashion Commission, Kering Launch 'Kering Generation Award X MENA'

This year's award builds on the strong success of the 2025 award, which attracted more than 500 applications, shortlisted 21 finalists, and recognized three winners. SPA
This year's award builds on the strong success of the 2025 award, which attracted more than 500 applications, shortlisted 21 finalists, and recognized three winners. SPA

Saudi Arabia’s Fashion Commission and global luxury group Kering have launched the "Kering Generation Award X MENA" across the Middle East and North Africa (MENA) for 2026.

The announcement was made on Tuesday during the opening of the RLC Global Forum, hosted at the French Embassy in Riyadh.

This year's award builds on the strong success of the 2025 award, which attracted more than 500 applications, shortlisted 21 finalists, and recognized three winners.

Participants benefited from mentorship programs, workshops, and opportunities to strengthen their global presence. Building on this momentum, the 2026 program seeks to expand its impact across the MENA region.

The 2026 award focuses on four key areas of sustainable fashion: innovation in regenerative materials and clean production, circular design and sustainable business models, nature conservation and animal welfare, and consumer awareness and cultural engagement.

The program targets startups across the MENA region that operate in, or positively influence, the sustainable fashion sector, provided they demonstrate innovation capabilities and the ability to deliver measurable sustainability outcomes.