Armani's Last Collection Shown in Solemn Runway Show with Richard Gere, Lauren Hutton in 1st Row

Models present creations by late Italian designer Giorgio Armani of the Spring/Summer 2026 Women's Collection at the Milan Fashion Week, in Milan, Italy, 28 September 2025. EPA/MATTEO CORNER
Models present creations by late Italian designer Giorgio Armani of the Spring/Summer 2026 Women's Collection at the Milan Fashion Week, in Milan, Italy, 28 September 2025. EPA/MATTEO CORNER
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Armani's Last Collection Shown in Solemn Runway Show with Richard Gere, Lauren Hutton in 1st Row

Models present creations by late Italian designer Giorgio Armani of the Spring/Summer 2026 Women's Collection at the Milan Fashion Week, in Milan, Italy, 28 September 2025. EPA/MATTEO CORNER
Models present creations by late Italian designer Giorgio Armani of the Spring/Summer 2026 Women's Collection at the Milan Fashion Week, in Milan, Italy, 28 September 2025. EPA/MATTEO CORNER

The last Giorgio Armani collection signed by the late designer himself and marking the 50th anniversary of his signature line was shown Sunday night in a solemn runway show that gathered Hollywood stars and Italian friends in tribute.

Richard Gere, Lauren Hutton, Glenn Close and Spike Lee attended the black-tie gala in the courtyard of the Brera Art Gallery where an exhibition features 129 Armani creations in dialogue with Italian masterpieces, The Associated Press reported.

Stars reminisce They include one of the soft-shouldered suits that Gere wore in “American Gigolo,’’ looks that helped catapult Armani to global fashion stardom. Gere said he had no idea the Armani suits he wore in the 1980 movie would make fashion history, but he said they helped him decide how to approach the role.

“I was trying the suits on, and I hadn’t decided how I was going to play this character at all,’’ Gere told The Associated Press from the front row. “And I had to do it very quickly. I had a couple of weeks to figure it out. I started trying the clothes on, and the clothes actually started telling me who this guy was.’’

Hutton, Gere's “American Gigolo" co-star, reminisced about a light blue suit that Gere wasn't sure about. She called Armani a “treasure” who contributed greatly to Italy's economy, and remembered attending a Giorgio Armani fashion show shortly after Gigolo came out.

Armani “gave me a pair of diamond earrings. And they are still the only pair of diamond earrings I have ever had,’’ Hutton said.

Hollywood stars and friends alike honored Armani for his key role in helping putting Milan at the center of global fashion.

“A giant for the industry. A great humanitarian,’’ Lee said as he arrived for the show.
Close said she wrote Armani letters on a regular basis, even if she never sat down with him one-on-one.

“I’m here because he meant a tremendous amount in my life. He was generous about lending me clothes for events. He once came to London to see a play that I was in. I felt like he was a very special element in my life,″ Close told AP.

"I was just in his aura.″

The final looks During the show, models walked slowly in pairs, women half a step in front of the men, around the colonnaded courtyard filled with the same glowing paper lanterns that had lit Armani’s showroom for the public viewing attended by 15,000 mourners.

Italian composer Ludovico Einaudi played live.

The coed collection paid tribute to Armani’s two Italian homes, his adopted city of Milan and the Sicilian island of Pantelleria, with the sandy colors of the island neighboring Africa transitioning to the urban blues and grays, in a river of relaxed tailoring that defined the Armani silhouette.

Pockets in the draping of evening dresses were a testament to Armani’s practicality, and appreciation for his client’s needs.

One model walking alone in a glittering blue evening dress closed the show, a wave of applause following her around the courtyard like a stadium cheer.

At the end of the show, Armani’s creative heirs, his niece Silvana Armani for womenswear and Leo Dell’Orco for menswear, received a standing ovation.

Final farewell Armani died Sept. 4, just weeks before Milan Fashion Week and a series of events marking the 50th anniversary of the Giorgio Armani fashion house that he built to a global powerhouse.

The Armani empire was worth about 10 billion euros (nearly $12 billion) at the time of his death. He stipulated that his heirs should sell an initial 15% stake of the business, which includes the Giorgio Armani and Emporio Armani lines as well as hotels and the home decor line Armani Casa, within three years of his death.

The buyer must have expertise in the fashion world, and Armani expressed a preference for the LVMH French fashion conglomerate, the L’Oreal beauty company or EssilorLuxottica, the eyewear company of which Armani owned a 2% stake.

Milan Fashion Week, which ended Sunday, included tributes to Armani for his legacy in shaping Italian fashion, in particular from smaller fashion houses like Stella Jean and Francesca Liberatore.



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.