Apparently, Hope Is Back and It’s Wearing Gucci. On Thursday in Paris, Kering shares shot up 8.7% to €344.95. Investors, ever the optimists when they spot the faintest glimmer of light in a fog of financial data, saw a spark of hope in the third-quarter results and ran with it, as if Gucci had just announced a free handbag for every shareholder.

As a result, Kering’s market capitalization now tops €42 billion. The group even achieved the best performance among the 98 global fashion giants. Just goes to show: a good story can sometimes outperform an actual good collection.

The company, ever so “prudent,” continues to focus on “innovation” at Gucci that magic word that can rebrand any sales dip as a “strategic transition.” Meanwhile, Demna, Balenciaga’s resident wizard, keeps experimenting with post-irony fashion (and investors keep experimenting with faith). Continue reading →

The creation, production, and distribution of perfumes follow an industrial model radically different from that of fashion or leather goods. It requires global logistical infrastructures, laboratories, a massive distribution network, and marketing capabilities suited to the luxury mass market. L’Oréal, the world leader in beauty, has mastered this model to perfection, whereas Kering—historically focused on fashion does not possess such executional strength. Selling or licensing to L’Oréal means relying on a more competent player to accelerate the growth of its brands.

By selling Creed and granting its beauty licenses for €4 billion, Kering immediately recovers substantial liquidity. These funds allow it to reinvest in its fashion houses—particularly Gucci and Balenciaga, which have faced recent challenges—and to finance their creative and commercial repositioning. In other words, rather than waiting for gradual revenues from fragrance, Kering prefers to reallocate capital toward its strategic priorities. Continue reading →

The Giorgio Armani Group has a new Chief Executive Officer: Giuseppe Marsocci. He succeeds Giorgio Armani, who also served as Chairman of the group he founded fifty years ago.

With his extensive experience and deep understanding of both the industry and the company, Giuseppe Marsocci was the most natural choice to carry forward the founder’s vision. His discretion, loyalty, team spirit, and the relationship of trust he has built with Mr. Armani over the years convinced the Armani Foundation to unanimously propose his appointment.

Born in Turin on December 20, 1963, Mr. Marsocci will report to the Board of Directors chaired by Mr. Dell’Orco, while Silvana Armani will be appointed Vice Chair.

With over thirty-five years of international experience in the fashion and luxury industryincluding twenty-three within the Armani Group Giuseppe Marsocci has served since 2019 as Deputy Managing Director and Global Commercial Director.

FM

Thom Browne celebrates the tenth birthday of Hector, his handbag hound, and proves that canine fashion rhymes perfectly with “supermarket jewel.” Ten years already since a dachshund wrapped in luxury leather started turning heads and emptying wallets proof that we’re always betrayed by our “Dogs.” Back in 2016, it was a joke, a canine wink at vanity. In 2026, it’s become a symbol of loyalty that of the customers who keep barking with delight at every new version. A capital “I” for “Iconic” luxury and when I see dogs greeting each other by sniffing each other’s rear ends, one has to wonder if the designer wasn’t an expert on the matter.

But let’s not be cynical: Hector now has his own mythology. This season, the pooch reigns proudly among interchangeable bermuda shorts because you have to keep reinventing the idea of the “new bag” when you keep selling the same thing. And since Thom Browne never does things halfway, the faithful companion even shows up embroidered into tweed intarsia and Mogador silk. You can almost picture the dog yawning in boredom amid so much seriousness.

The collection revisits American preppy style it’s trendy again that same mix of model student and neurotic banker, updated with a touch of nostalgia. Browne adds corsets (because why not?), and it takes a certain boldness to turn summer memories into structured grey corsetry. But after all, when you’ve made a dachshund into an icon, nothing’s impossible anymore. Continue reading →

Her name was Gabriella Hanoka, but the fashion world would come to know her as Gaby Aghion. Born in Alexandria on a March morning in 1921, in the golden light of cosmopolitan Egypt, she already carried within her that blend of Eastern grace and French audacity that would one day revolutionize couture.

In 1952, in a Paris still marked by postwar austerity, Gaby founded a house that would become legendary: Chloé the first name of a friend, Chloé Huisman a symbol of youth and freedom. She did not simply create a brand; she created a concept: luxury ready-to-wear, a visionary idea at a time when fashion swore only by haute couture.

With six designs drawn by her own hand and entrusted to a talented seamstress, Gaby walked the boutiques of Paris, knocking on doors with the quiet determination of someone who knows she carries a revolution within her. Soon, the elegant women of Saint-Germain and the free spirits of Montparnasse recognized themselves in her creations fluid, feminine, modern. Her connections in Parisian high society did the rest; the name Chloé slowly found its place in the firmament of fashion. And soon after, she would discover Karl Lagerfeld. Continue reading →

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There are beings whose clothing becomes the reflection of their soul, and Diane Keaton was one of them. Each fabric she wore seemed to gather a fragment of her thought; each accessory, a tremor of her free spirit. It was a style all her own a wide-brimmed hat worn like a diadem of defiance, glasses that filtered the world’s light, vests or turtlenecks embracing the discreet grace of a woman’s neck, ties or scarves chosen not to seduce but to signify independence. Pleated trousers, as ample as a breath, harmonized with jackets sometimes tweed, sometimes velvet and in that blend of daring and restraint, she found her truth.

They called it the “Annie Hall style.” They were mistaken. It was not a role but a revelation the “Diane Keaton style.” From her very first appearance in Woody Allen’s film, this language of clothing became an eternal signature and consecrated her as an icon. An Oscar was bestowed upon her, as one crowns a muse for her brilliance, yet even then, the tribute fell short of what she embodied: the freedom to be oneself.

Fifty years passed, and fashion, like a river, changed its course; but Diane remained faithful to her own shore. Designers often came to draw from it, copying her lines, imitating her light. On red carpets, she could still be seen a clear, determined silhouette dressed sometimes in a masculine suit, sometimes in a flowing dress cinched with a wide belt, as if to remind the world that elegance is first and foremost an inner vow.

Last year, she lent her grace to fashion shows Ralph Lauren’s in New York, Thom Browne’s in Paris where her presence seemed to bless contemporary creation with a benevolent gaze. At seventy-nine, she still carried within her the quiet fire of beginnings. Continue reading →

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I remember that evening somewhere in Johannesburg, I think. It was for the fifteenth anniversary of Maxhosa Africa. The light fell softly over the carpets that had been laid out before the show. There was in the air an almost domestic warmth, a blend of incense, wool, and silk… I no longer knew whether I had come for work, or simply to find a fragment of the past. Continue reading →

Last night in Paris, the planets bowed. Beneath the dome of the Grand Palais, the universe held its breath: Chanel had just entered a new era. Matthieu Blazy didn’t simply present a collection he launched a voyage to an asteroid. After months of silent gestation, the century-old house projected itself into the future with the serene force of a star aware of its own light. The Chanel galaxy was reborn — denser, more vibrant, perhaps even more human. Continue reading →

In her house of silence, in Paris, Chitose Abe opened a window in time. Spring stepped In, barefoot, holding in its hands needles of air and shreds of cotton.

The garments began to breathe. The jeans borrowed the tenderness of the wind, the t-shirts learned the grammar of clouds. A tank top, a crumpled prayer, covered itself with jet-black dreams: the night had fallen asleep upon its shoulder. Continue reading →

Upon discovering Duran Lantink’s first collection for Jean Paul Gaultier, I admittedly felt strangely bewildered. On Sunday, October 5, 2025, amid the hushed tumult of the runway show, the Dutch designer, who emerged from obscurity in 2018 thanks to Janelle Monáe and her daring pantsuits reminiscent of a woman’s nymph in the Pynk music video, had already provoked outrage. Continue reading →

They say that one day, in a house on the rue du Faubourg Saint-Honoré, the dresses began to breathe. It was the breath of Chemena Kamali, new guardian of the Chloé temple, whispering to the fabrics of oblivion and rebirth. For two years, she has been summoning the spirits of lightness and sun, searching through the archives as one would search for relics in a perfumed crypt.

Under her hands, sheets of cotton twist like prayers, faded flowers regain their color, and the ghosts of Karl Lagerfeld wander among the mannequins, their silhouettes brushing against the mirrors. They say she learned her enchantments at Alberta Ferretti, where women once wore their dresses like dreams of sea and salt.

But the spring she promises is not an ordinary one: it is born not of soil, but of memory. The babydoll skirts, the tops tied like seashells, the floral prints scented with the past  all seem to drift in a golden light that even time itself has forgotten.

In a corner of fashion’s sky, the spirit of Gaby Aghion still smiles. She, the founder the one who once made freedom walk down the runway at Café de Flore and Brasserie Lipp must look with tenderness upon this new generation trying to clothe the soul in cotton and remembrance. Continue reading →

It’s true that after turning Gucci into a Venetian bazaar for children of the moon, Alessandro Michele wasn’t suddenly going to embrace minimalism at Valentino. But was it really necessary to repaint Rome in the colors of Saint-Germain-des-Prés after a bad trip to San Francisco?

On Sunday, at nap time, in the Piazza Dati sacred temple of Italo–Parisian couture the neo-hippie sanctuary on LSD, Michele held his grand mass for Valentino. The setting? A dark hall with ceiling lighting that irritated Di Meo, sitting next to Marisa, who was made up like a stolen car. An inclusive fashion festival sponsored by a Pantone color.

On the runway, a procession of baroque angels dressed in crumpled taffeta, lace, and drapery vaguely reminiscent of an over-ironed opera curtain. The models seemed to recite a pagan prayer to lost beauty, repeating, so far, so good. It was pure Michele: a blend of bourgeois woman in search of sex and a chic Notting Hill flea market.

The fans cried genius, the investors simply cried. The new Valentino, apparently, wants to “reconnect the soul of the house with the youth of the world.” Translation: sell Zara-style shirts to Gen Z kids convinced that nostalgia is sustainable and production in China is artisanal. All, of course, at prices that would make a Saudi princess blush. Continue reading →

Sarah Burton’s first runway for Givenchy had already betrayed signs of an over-manufactured sensibility, and her second confirms the slope: a couture of loud affirmation in the Chiuri vein, believing itself feminist simply because it exhibits. The clients, living trophies of this supposedly liberating fashion, paraded that evening in a pale yellow duchesse satin pea coat, cinched in black, as if to proclaim loudly and clearly their right to ostentation.

We are told of the lightness of deconstructed jackets, now reduced to the limpness of a cardigan, as though stripping away all structure were synonymous with freeing women. Progress indeed! Erase poise to better expose. And that coat-dress of once majestic curves, now undone, its lapels ripped from the shoulders to let fall, miserably, the straps of a bra. Emancipation served up as freedom at any price, under the pretext of deconstruction.

The full vocabulary is there: gaping collars, slanted jackets, hems hitched up, skirts dragged barely below the navel like a misfitted cloth fastened in haste. The body is no longer celebrated but turned into a noisy battleground of claims, a loud textile manifesto that mistakes provocation for power. Burton herself admits it: “the mind for business, the body for sin.” Thus the message of female power reduced to a shop-window slogan, Marilyn Monroe recycled in black-and-white motif to wrap a counterfeit ideology. Continue reading →

The procession of “Owensgroupises” filed in line with quiet discipline, awaiting their oracle. True to his fierce singularity, his models stepped onto the still waters of the Palais de Tokyo fountains, like an ancient procession crossing a mirror of azure. Hieratic figures, draped in modern boldness, they wore trouser-boots so towering they could make the ” Burj Al Arab” blush. Thus, the swell of skirts embraced the wind of sails for shipwrecked souls. Continue reading →

Wednesday evening, Olivier Rousteing raised, on the edge of the sumptuous ballroom of the InterContinental in Paris, a singular ode to femininity. His collection, stripped of the armors that once made the glory of the “Balmain army,” allowed itself to be caressed by the sea breeze. As in the days when Yves Saint Laurent, in the ochre gardens of Marrakech, transfigured the desert into a palace of colors, Rousteing too seemed to seek the impulse of a fashion that breathes, that pours out, that surrenders. Continue reading →

Fendi has made its choice sorry, the Lord has spoken and it is Maria Grazia Chiuri who takes over the artistic direction of the Roman house. This appointment comes in the midst of a chaotic reshuffle: Kim Jones’s departure, once expected to embody the creative breath of both haute couture and ready-to-wear, has left a void that Fendi is now scrambling to fill. Silvia Venturini Fendi, meanwhile, has been asked to step back, relegated to the more symbolic role of honorary president but given her last collection, this hardly comes as a surprise.

The thorny question remains: is Maria Grazia Chiuri truly the embodiment of Fendi’s future? Her years at Dior left a mixed legacy. Celebrated for her feminist slogans, criticized for a style often deemed repetitive, the Italian designer has hardly achieved unanimity. Before that, at Valentino, she worked in tandem with Pierpaolo Piccioli… and some still wonder whether she was ever truly the soul of the duo. Continue reading →

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