Riyadh Fashion Week Returns in October

Riyadh Fashion Week is set to offer six days of creativity and craftsmanship
Riyadh Fashion Week is set to offer six days of creativity and craftsmanship
TT

Riyadh Fashion Week Returns in October

Riyadh Fashion Week is set to offer six days of creativity and craftsmanship
Riyadh Fashion Week is set to offer six days of creativity and craftsmanship

Riyadh Fashion Week returns for a third year from October 16 to 21, offering six days of creativity and craftsmanship. Building on the successes of its previous two editions, Riyadh Fashion Week 2025 reinforces the Kingdom’s position as one of the prominent emerging hubs in the world of fashion.

Hosted by the Fashion Commission, this year’s program includes more than 25 fashion shows, 10 designer presentations, a curated exhibition, and immersive activations across the city, the Saudi Press Agency (SPA) reported.

For the first time, Riyadh Fashion Week will open its schedule to international brands, underscoring the event’s expansion toward broader global horizons. It will highlight promising Saudi talents alongside renowned international names, reflecting the diversity of the Saudi scene in haute couture, women’s and men’s fashion, and streetwear.

In addition to the shows, the event will see broad participation from global buyers, media, and industry leaders, creating opportunities for collaboration, cultural exchange, and opening new horizons.

Fashion Commission Chief Executive Burak Cakmak stated that Riyadh Fashion Week has become a key gateway to understanding and engaging with the future of the fashion industry in the Kingdom.

“By welcoming the world to Riyadh, we provide an exceptional platform that enables international leaders to build impactful connections with buyers, media, and local consumers, while showcasing the creativity of Saudi designers who combine authentic craftsmanship inspired by heritage with contemporary designs, thereby reinforcing the Kingdom’s growing influence on the global fashion scene,” SPA quoted Cakmak as saying.

The Kingdom is among the fastest-growing retail markets in the fashion sector worldwide, making it an attractive destination for designers, brands, and investors.

Riyadh Fashion Week offers an in-depth perspective on the evolving Saudi fashion scene, while cementing Riyadh’s position as a future capital of global fashion.

The event offers more than just a series of shows as it serves as a space where creativity intersects with culture, innovation, and opportunity, enabling Riyadh Fashion Week 2025 to set new trends and foster dialogues that extend beyond the runway.



China's HongShan Reportedly Eyes $2.9 Billion Golden Goose Deal by Christmas

People walk in a commercial street at the historical Shichahai district in Beijing, China, December 3, 2025. REUTERS/Sarah Meyssonnier
People walk in a commercial street at the historical Shichahai district in Beijing, China, December 3, 2025. REUTERS/Sarah Meyssonnier
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China's HongShan Reportedly Eyes $2.9 Billion Golden Goose Deal by Christmas

People walk in a commercial street at the historical Shichahai district in Beijing, China, December 3, 2025. REUTERS/Sarah Meyssonnier
People walk in a commercial street at the historical Shichahai district in Beijing, China, December 3, 2025. REUTERS/Sarah Meyssonnier

China's HongShan Capital Group (HSG) has sent a 2.5 billion euro ($2.91 billion) offer to private equity Permira to buy Italian luxury sneaker maker Golden Goose, with the aim of signing the deal by Christmas, daily la Repubblica reported on Friday.

Details still need to be defined but the offer gives the luxury group an enterprise value of 10 times the core profit expected by the end of the year, debt included, the newspaper said.

Golden Goose's revenues totaled 655 million euros in 2024, with an adjusted core profit of 227 million euros.

HSG has asked veteran fashion industry executive Marco Bizzarri to become Golden Goose's future chairman, la Repubblica said, adding that the Chinese private equity aims to expand Golden Goose's directly-managed stores, particularly in Asia, and plans to list the group in the medium-term.

Last year the Venice-based company, which sells sneakers for more than 500 euros a pair, shelved plans for an initial public offering on the Milan Bourse, citing market volatility caused by political uncertainty in Europe.


Debenhams' New Pay Plan Without Vote 'Disgraceful', Says Top Investor Frasers

Debenhams logo is seen on smartphone in front of a displayed Boohoo logo in this illustration taken January 25, 2021. (Reuters)
Debenhams logo is seen on smartphone in front of a displayed Boohoo logo in this illustration taken January 25, 2021. (Reuters)
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Debenhams' New Pay Plan Without Vote 'Disgraceful', Says Top Investor Frasers

Debenhams logo is seen on smartphone in front of a displayed Boohoo logo in this illustration taken January 25, 2021. (Reuters)
Debenhams logo is seen on smartphone in front of a displayed Boohoo logo in this illustration taken January 25, 2021. (Reuters)

A move by struggling British online fashion retailer Debenhams to push ahead with a new executive pay scheme without seeking approval from investors was "utterly disgraceful", the finance chief of rival Frasers said on Thursday.

Frasers is Debenhams' biggest investor with a 29.7% stake.

Last week, Debenhams said that one of the reasons it was not asking for a shareholder vote on the new pay scheme worth up to 222 million pounds ($296 million) was because a "major competitor" investor, which it did not name, had tried to block previous resolutions.

Debenhams has been locked in a long-running tussle with Frasers, majority-owned by British retail tycoon Mike Ashley, which unsuccessfully attempted to block its rebrand and oust its co-founder.

Frasers' chief financial officer Chris Wootton said Debenhams' latest move, which could see CEO Dan Finley earn up to 148 million pounds if Debenhams' share price hits 3 pounds over the next five years, was "typical corporate governance from them, utterly disgraceful".

However, he told Reuters that if Debenhams achieved a share price of 3 pounds "shareholders will be happy."

Debenhams shares were trading at 22.25 pence on Thursday, down 3.3%.


Zara Owner Inditex Reports Strong Start to Winter Sales

FILE PHOTO: A person walks by a Zara store in Plaza de Espana in Madrid, Spain, June 11, 2025. REUTERS/Ana Beltran/File Photo
FILE PHOTO: A person walks by a Zara store in Plaza de Espana in Madrid, Spain, June 11, 2025. REUTERS/Ana Beltran/File Photo
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Zara Owner Inditex Reports Strong Start to Winter Sales

FILE PHOTO: A person walks by a Zara store in Plaza de Espana in Madrid, Spain, June 11, 2025. REUTERS/Ana Beltran/File Photo
FILE PHOTO: A person walks by a Zara store in Plaza de Espana in Madrid, Spain, June 11, 2025. REUTERS/Ana Beltran/File Photo

Zara owner Inditex said sales grew 10.6% in constant currency over the start of its fourth quarter, beating analysts' expectations for the November period that includes the crucial Black Friday sales.

The $178 billion fast fashion giant also reported on Wednesday sales of 9.8 billion euros ($11.41 billion) for its third quarter ending October 31, higher than the 9.69 billion euros expected by analysts according to an LSEG estimate.

The results from Inditex, seen as a bellwether for the global fast fashion sector, provide a first glimpse into how successful the key Black Friday sales weekend was for retailers.

The strong sales growth in the period from November 1 to December 1 compared to a year ago marked an acceleration from the nine-month currency-adjusted growth rate of 6.2%, an encouraging sign for the fourth quarter, its biggest in terms of revenues.