Miu Miu Stays Steady at Paris Fashion Week as France Grapples with Political Turmoil

 A model wears a creation from the Miu Miu Spring/Summer 2026 collection presented in Paris, Monday, Oct. 6, 2025. (AP)
A model wears a creation from the Miu Miu Spring/Summer 2026 collection presented in Paris, Monday, Oct. 6, 2025. (AP)
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Miu Miu Stays Steady at Paris Fashion Week as France Grapples with Political Turmoil

 A model wears a creation from the Miu Miu Spring/Summer 2026 collection presented in Paris, Monday, Oct. 6, 2025. (AP)
A model wears a creation from the Miu Miu Spring/Summer 2026 collection presented in Paris, Monday, Oct. 6, 2025. (AP)

As France’s government unraveled in another episode of political instability Monday, the cogs of the luxury industry kept turning. At the Iéna Palace in Paris’ 16th arrondissement, Miuccia Prada's Miu Miu offered its own brand of reassurance: business as usual, chic as ever at Paris Fashion Week.

The opener was sober — a deep blue warehouse apron dress, all covered up and precise. It set the tone for a collection that was gamine yet grounded, playful but edged with pragmatism. Prada, a pioneering CEO as well as designer, made it clear: Miu Miu wasn’t just flirtatious this season, it meant business.

Founded in 1993 as Prada’s irreverent little sister, Miu Miu is the Italian designer’s freer, instinctive outlet. Where Prada is cerebral, Miu Miu is gamine and skewed—lingerie-as-daywear, bourgeois classics nudged off-kilter, humor threaded through rigor.

Prada, who studied political science before taking over the family firm, has long used the label to probe femininity’s codes — how clothes can be both play and armor.

The apron motif returned again and again, recast in pared silhouettes that exposed flashes of skin or gleamed under shiny buttons. Actor Richard E. Grant, in a long tradition of Miu Miu’s celebrity cameos, strode out in a black sheeny leather apron that read like a chef’s uniform. Milla Jovovich followed in a riff on the same theme, softened with black frills.

Prada framed the choice bluntly. "I want to talk about women’s work, using my work... the apron as a symbol of work that can express multiple messages," she said of her show. "The apron is my favorite piece of clothing... it is about protection and care... a symbol of the effort and hardship of women."

From there, the show swerved gamine. Floral minidresses with faintly sporty underpinnings carried the collection toward its finale. Banded frills bisected the bust; geometric torso prints nodded to Balkan or folk references — an echo of the eclectic "mishmash" styling that has long defined the label.

Across seasons, Miu Miu’s strength is its push-pull: underthings recast as outerwear, schoolroom polish meeting club logic, intellect wrapped around wearability. Beyond the show’s palatial halls, those cogs keep turning, not just out of habit but horsepower.

Paris Fashion Week is a luxury engine fueling a vast supply chain — hotels, drivers, ateliers and retail —that accounts for more than 3% of France’s gross domestic product. That robust machinery is why, apron or opera coat, the show goes on.



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.