Ruffles, Biker Leather and Celebs at Louis Vuitton's New York Show

Models present creations by designer Nicolas Ghesquiere during the Louis Vuitton Cruise 2027 collection show in New York City, US, May 20, 2026. REUTERS/Jeenah Moon
Models present creations by designer Nicolas Ghesquiere during the Louis Vuitton Cruise 2027 collection show in New York City, US, May 20, 2026. REUTERS/Jeenah Moon
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Ruffles, Biker Leather and Celebs at Louis Vuitton's New York Show

Models present creations by designer Nicolas Ghesquiere during the Louis Vuitton Cruise 2027 collection show in New York City, US, May 20, 2026. REUTERS/Jeenah Moon
Models present creations by designer Nicolas Ghesquiere during the Louis Vuitton Cruise 2027 collection show in New York City, US, May 20, 2026. REUTERS/Jeenah Moon

French fashion house Louis Vuitton combined ruffles, biker leather and the graphic art of Keith Haring for its celebrity-packed cruise 2027 show at a New York museum on Wednesday night.

Under the gaze of Zendaya, Anne Hathaway and Cate Blanchett, Louis Vuitton's artistic director for women's wear Nicolas Ghesquiere presented a collection built on contrasts and bright pops of color, said AFP.

Structured leather jackets were paired with fluffy Medici collars.

Ensembles were punctuated by the Pop Art movement's orange, pink and green, while also giving way to deep purple, dusty pink and teal.

Whether the models donned heels or sneakers, the shoes were metallic, and legs were on display with boxer shorts, biker shorts and tailored Bermuda suits.

Hats -- bucket or brimless -- topped models' heads when hair wasn't left loose and marked with the horizontal streaks popularized by figure skater Alysa Liu, the brand's new ambassador.

The show was held at The Frick Collection, marking the first time a fashion show has been hosted by the museum since its renovation last year.

Formerly the mansion of a steel magnate, the museum teems with an impressive collection of European paintings and art dating back to the Renaissance. Models stalked down the runway, passing under archways and past famed artworks.

"Within the timeless rooms of The Frick Collection, beauty and art transcend time in a quiet dialogue, while beyond its walls, New York City pulses with constant reinvention -- a convergence of contrasts," the fashion house posted on Instagram, with the brand and the museum announcing a three-year patronage partnership.

Notably, Louis Vuitton will fund three temporary major exhibitions and host free visitor after-hours evenings at the museum on the first Fridays of every month for a year.

Europe's major fashion houses have shown exceptional interest in the American market and culture recently.

Louis Vuitton's men's collection by hip hop star Pharrell Williams drew inspiration from the Big Apple, and Gucci and Dior have recently unveiled their cruise collections in New York and Los Angeles, respectively.

In December, Chanel held its show in the New York subway.



Estee Lauder Forecasts Annual Profit Above Estimates on Strong China Demand

An Estee Lauder cosmetics counter is seen in Los Angeles, California, US, August 19, 2019. (Reuters)
An Estee Lauder cosmetics counter is seen in Los Angeles, California, US, August 19, 2019. (Reuters)
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Estee Lauder Forecasts Annual Profit Above Estimates on Strong China Demand

An Estee Lauder cosmetics counter is seen in Los Angeles, California, US, August 19, 2019. (Reuters)
An Estee Lauder cosmetics counter is seen in Los Angeles, California, US, August 19, 2019. (Reuters)

Estee ‌Lauder forecast annual profit above Wall Street estimates on Wednesday, betting on sustained spending on premium fragrances and strong performance in key markets such as China, reflecting persistent gains from its CEO's turnaround strategy.

Resilient spending by affluent ‌and younger ‌customers, especially on trendy ‌items, ⁠has helped boost ⁠demand for the cosmetics maker's luxury fragrances and skincare products such as Le Labo and Balmain Beauty.

To sustain that momentum, Estee ⁠has accelerated premium product launches, ‌streamlined ‌supply chain and ramped up investments in ‌innovation and marketing under ‌CEO Stephane de La Faverie's "Beauty Reimagined" strategy.

The Clinique and M.A.C owner, whose merger conversations with Jean ‌Paul Gaultier-owner Puig collapsed in May, expects 2027 adjusted ⁠earnings ⁠per share in the range of $3.10 to $3.35, with its midpoint above analysts' average estimate of $3.18 per share, according to data compiled by LSEG.

The company's quarterly sales of $3.63 billion were also ahead of the estimate of $3.54 billion.


Shein Eyes Company Valuation of Around $25 Billion in Hong Kong IPO

FILED - 29 April 2024, Berlin: FILE PHOTO - The Shein logo can be seen on a smartphone. Photo: Monika Skolimowska/dpa
FILED - 29 April 2024, Berlin: FILE PHOTO - The Shein logo can be seen on a smartphone. Photo: Monika Skolimowska/dpa
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Shein Eyes Company Valuation of Around $25 Billion in Hong Kong IPO

FILED - 29 April 2024, Berlin: FILE PHOTO - The Shein logo can be seen on a smartphone. Photo: Monika Skolimowska/dpa
FILED - 29 April 2024, Berlin: FILE PHOTO - The Shein logo can be seen on a smartphone. Photo: Monika Skolimowska/dpa

Online fast-fashion retailer Shein is eyeing a company valuation of around $25 billion in its Hong Kong IPO, said three people with knowledge of the matter, down from nearly $100 billion four years ago due to challenging business conditions.

Singapore-headquartered Shein, known for selling $5 ⁠dresses and $10 jeans to ⁠shoppers in about 160 countries, is aiming to launch its much-awaited initial public offering later this week, Reuters has reported.

One of ⁠the three sources said that the company, which was founded in China in 2012, was looking at a valuation of between $25 billion and $28 billion based on the marketing price band for the offering.

The sources declined to be ⁠named ⁠as they were not authorized to speak to the media ahead of a public announcement of the deal terms. A spokesperson for Shein did not immediately respond to a Reuters request for comment.


Birkenstock Raises Annual Revenue Forecast on Strong Demand

Shares of the German sandal maker were up ‌7% in ‌premarket trading.  (Getty Images)
Shares of the German sandal maker were up ‌7% in ‌premarket trading. (Getty Images)
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Birkenstock Raises Annual Revenue Forecast on Strong Demand

Shares of the German sandal maker were up ‌7% in ‌premarket trading.  (Getty Images)
Shares of the German sandal maker were up ‌7% in ‌premarket trading. (Getty Images)

Birkenstock raised its full-year sales growth forecast on Wednesday, banking on resilient full-price demand for its premium sandals from affluent shoppers.

Shares of the German sandal maker were up ‌7% in ‌premarket trading.

A pullback in ‌US ⁠discretionary spending has ⁠weighed on much of the apparel and footwear sector, but brands such as Birkenstock catering to wealthier consumers have largely held up, benefiting from ⁠strong pricing power and ‌brand loyalty.

While ‌the Middle East conflict continues ‌to create uncertainty in the Gulf ‌region, the impact on the quarter was more contained than initially anticipated, the company said.

It now ‌expects fiscal year 2026 revenue growth of 15% ⁠on ⁠a constant currency basis, compared with its earlier forecast of a 13% to 15% rise.

The company posted third-quarter revenue of 719.5 million euros ($829.08 million), compared with analysts' estimate of 713.4 million euros, according to data compiled by LSEG.