Dior Couture Debut for Anderson Mixes Wonder, Wit, Celebrity-Wattage

Danish model Mona Tougaard presents a creation for Christian Dior during the Women's Haute Couture Spring/Summer 2026 collection fashion show as part of the Paris Haute Couture Fashion Week, in Paris, on January 26, 2026. (AFP)
Danish model Mona Tougaard presents a creation for Christian Dior during the Women's Haute Couture Spring/Summer 2026 collection fashion show as part of the Paris Haute Couture Fashion Week, in Paris, on January 26, 2026. (AFP)
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Dior Couture Debut for Anderson Mixes Wonder, Wit, Celebrity-Wattage

Danish model Mona Tougaard presents a creation for Christian Dior during the Women's Haute Couture Spring/Summer 2026 collection fashion show as part of the Paris Haute Couture Fashion Week, in Paris, on January 26, 2026. (AFP)
Danish model Mona Tougaard presents a creation for Christian Dior during the Women's Haute Couture Spring/Summer 2026 collection fashion show as part of the Paris Haute Couture Fashion Week, in Paris, on January 26, 2026. (AFP)

Dior turned the Musée Rodin into a celebrity waiting room — then into a garden.

Guests packed into the museum as the start time for the show drifted.

French first lady Brigitte Macron arrived. Lauren Sánchez Bezos swept in. Parker Posey twirled in her trench-dress.

And then the whole room, celebrities and editors alike, sat and waited for Rihanna.

When the popstar finally took her seat, the lights dropped on a suspended ceiling hung with a garden of flowers.

Gravity did its quiet work: a bloom loosened and fell to the floor.

It was a fitting opening image for Jonathan Anderson’s first Dior haute couture show: beauty under pressure.

Dior’s showman does everything at once Anderson, the Northern Irish designer who revived Loewe with craft and wit, is now doing something Dior has never asked of one person in the modern era: he commands menswear, womenswear and couture at once.

That scale matters.

Dior is one of the main engines of the luxury conglomerate LVMH, and couture is where a house shows its power.

The collection was pitched as “nature in motion,” with technique treated as living knowledge, not museum display. Anderson followed that logic, reworking fragments of the past into something meant to feel new.

From the start, the palette was disciplined — blacks, whites and ecru — then punctured by flashes of color and texture. Lines were clean. Draping softened, then snapped back into structure: archetypal couture.

At its best, Anderson’s couture had the crispness he has already shown in menswear, and previously at Loewe.

A sublime silken Asian-style coat, strict and elegant, was cut through with black lapels that felt archive-meets-modern.

The house’s history appeared not as costume but as distortion.

The show’s oddest and most telling jokes were the pannier gowns: 18th-century volume reimagined as a take on a fanny pack silhouette.

It was classic Anderson: take something precious, tilt it, and make the result feel both witty and exact. Micro became macro — flowers cut from light silks, dense embroideries, chiffon and organza layered like feathers.

He also nodded to a broader Dior lineage without leaning on nostalgia.

Dior cited bunches of cyclamen given to Anderson by its former creative director John Galliano, and the show carried a faint echo of Galliano-style spectacle — filtered through Anderson’s cooler, more controlled hand.

Hydrangea-like blooms appeared as oversized earrings throughout, a decorative flourish, but one that felt like Dior’s house codes pushing him toward embellishment.

For all the ambition, the accomplished show occasionally felt like a set of strong parts still settling into a single, defining line.

Couture raises the stakes. When it works, it doesn’t just impress; it convinces. Anderson’s debut did both — but not always at the same time.

The ceiling garden promised one complete world. At times, the clothes felt like a designer still deciding where that garden begins and ends.



Kering’s Fourth-Quarter Sales Fall Less Than Expected as Gucci Slide Continues

The logo of French luxury group Kering is seen at Kering headquarters in Paris, France, February 13, 2023. (Reuters)
The logo of French luxury group Kering is seen at Kering headquarters in Paris, France, February 13, 2023. (Reuters)
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Kering’s Fourth-Quarter Sales Fall Less Than Expected as Gucci Slide Continues

The logo of French luxury group Kering is seen at Kering headquarters in Paris, France, February 13, 2023. (Reuters)
The logo of French luxury group Kering is seen at Kering headquarters in Paris, France, February 13, 2023. (Reuters)

Kering reported on Tuesday a slightly smaller-than-expected drop in fourth-quarter sales, as investors await details of CEO Luca de Meo's plans ​to revive the Gucci owner's flagging fortunes.

Sales reached 3.9 billion euros ($4.64 billion), down 3% from the previous year when adjusted for currency swings. That beat analysts' consensus forecast for a 5% drop, according to Visible Alpha.

The revenue drop was 10% at Italian flagship label Gucci, which accounts for most of Kering's profits, versus analyst expectations of a 12% decline.

It ‌was the brand's ‌10th straight quarter of revenue ‌decline.

Finance ⁠Chief ​Armelle ‌Poulou told journalists Gucci saw some improvement at the end of last year in "almost all regions", helped by newly introduced products and handbag sales.

Grappling with weak sales since the maximalist styles of Gucci's former star designer Alessandro Michele fell out of fashion in 2022, Kering has faced heightened investor scrutiny over its high ⁠debt and declining profitability.

Free cash from operations fell by 35% last year ‌when excluding one-off payments from real estate ‍sales, reaching 2.3 billion euros, Kering ‍said.

"For Kering, it's really about (restoring) the broad desirability globally," said ‍JPMorgan analyst Chiara Battistini.

Facing an uncertain business outlook, the group, which also owns Gucci Balenciaga, Bottega Veneta and Yves Saint Laurent, further reduced its store network by 75 boutiques with further closures planned, Poulou said.

The ​earnings underscored the steep challenges Kering faces to catch up with peers even though its shares have ⁠risen around 50% since de Meo's appointment was announced last June.

"2025 did not reflect Kering's true potential or the strength of our brands, but it enabled us to lay the foundations for our future recovery," said Poulou.

Kering's annual operating income reached 1.63 billion euros, less than a third of its 2022 level. Kering's operating profit margin fell to 11% group-wide and 16% at Gucci, down from 28% and 36% three years earlier.

By contrast, LVMH delivered a 22% margin last year amid ‌a broader luxury slowdown, with its leather and fashion division - home to Louis Vuitton and Dior - hitting 35%.


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.