Iceberg opened Milan Fashion Week in signature style. The fashion brand, produced by Gilmar and celebrating its 50th anniversary, infused its Fall-Winter 2025/26 collection with a blend of Italian attitude, English heritage, and Irish knitwear expertise. Once again, British designer James Long took the creative helm, delivering a collection that balances tradition with contemporary edge.
“The heart of Iceberg is in the knitwear, and it is in mine as well. I consider this season’s collection to be quite cozy—comfortable yet always ultra-desirable. I wanted to celebrate the knitting, techniques, and treatments we love, blending them with tailoring that plays between tradition and subversion, in a dynamic, sporty dimension that is always in motion,” creative director James Long told FashionNetwork.com. “I focused heavily on the shapes of the garments. Laces structure the pieces, while knitwear techniques are pushed beyond their limits to express a strong point of view. Iceberg’s positive energy is embedded in these smart, metropolitan looks. My guiding principle was ‘freedom’—in textures, in the use of colors, and in a mix of smart constructions with a balance of softness, femininity, and draped fabrics, because I also love tailoring.”
“This is an extremely complex and uncertain time, and the challenge for both creative direction and company leadership is to find the right path when everything feels so complicated,” said Paolo Gerani, CEO of Gilmar, speaking backstage at the défilé. “The state of fashion is intricate—you can’t sum it up in just a few words. Some markets are more fluid and spontaneous, but at the same time, there is a shift in the globalized approach, which is changing the way fashion operates. There seems to be a growing detachment, not just due to general uncertainty but also because of a shift in consumer attitudes. Shoppers are now far less drawn to what was once considered ‘fashionable.’ Today, they seek more democratic, affordable pieces and are no longer chasing constant, frantic change.”
“In our industry, there are so many variables to consider. At Gilmar, we strive to stay true to ourselves and always deliver high quality, embracing a democratic Made in Italy approach, even in terms of pricing,” Gerani continued, though he acknowledged the ongoing challenges in the sector. “Some brands are thriving, but the core of the business is struggling. The outlook is complex, and I don’t have a clear vision of what lies ahead. I can’t predict when this period of uncertainty will pass—I can only hope that the wars and the resulting economic and financial tensions will come to an end. Beyond that, I believe greater attention must be given to employees and workers, who now have very little spending power. Reviving the economy will be extremely difficult.”
Returning to the collection, a ribbed gray sweater stands out with its wide sailor collar, paired with tailored, masculine-cut pants cinched at the waist with a mock-croc belt. The ribbed knit dresses feature an open collar, a dropped waist, and a pleated skirt with fluid movement, layered over a check poplin miniskirt with ruffles for a playful contrast of textures and lightness.
Check tailoring achieves a balance between softness and structure, with a collar finished in faux leather for added character. A tuxedo shirt with ruffles is so delicate it verges on transparency. A masculine double-breasted check suit is layered under a lace-up poplin coat, finished with raw edges to subvert classic tailoring conventions. The color palette explores three key shades: variations of blue, pinkish gray, and tweed mustard.
Since its inception, Iceberg has made knitwear experimentation its signature. This season, it takes form in navy maxi stripes on an oversized ribbed sweater, accented with wool panels on the shoulders for contrast and a sporty touch. The high collar rises snugly, lined with faux shearling for added warmth. Meanwhile, oversized inlaid wool plaid coats are structured with faux leather details and profiled edges, paired with knee-length poplin skirts featuring soft ruffles and metallic eyelets.
The collection also introduces a wool city coat seamlessly sewn onto plaid poplin fabric, as well as a faux leather jacket with a cracked effect that reveals color as it creases. Cardigans take on a sculptural quality through bonding techniques, styled effortlessly with soft jeans and sneakers. Tailored pants complete the lineup, offered in low-waisted, beltless designs with inverted pleats finished in satin or faux leather piping along the seams.
Closing the show were two oversized cardigan coats, so wide they featured an integrated scarf that skimmed the floor, almost like a wedding dress.
Accessories stood out, including mock-croc sandals with triple buckles and a medium heel, as well as flat boots with a minimalist design. Belts in crocodile print ran throughout the collection, while maxi bags in faux crocodile leather offered versatility from day to night.
Fashion e-tail giant ASOS on Wednesday unveiled a radical plan to restructure its business with some big leadership changes including an MD for the UK and US and another covering Europe and the rest of the world. Through all the numerous changes, there’s a clear theme of bringing commercial and customer functions together.
ASOS
CEO José Antonio Ramos Calamonte’s aim is to create a more joined-up business that has the customer’s needs at its heart. Decision-making should be accelerated and continuous innovation and improvement will be a core focus.
The 25-year-old company also said it has “significantly” reduced its stock levels, as well as improving its product and refinancing debt. That stock levels issue is a key point given how much surplus stock the company held in recent years.
The retailer, which currently has 20 million active customers in more than 200 markets, said the changes are expected to take effect from April.
So, what are the key leadership moves that have been announced? Importantly, the company has expanded Vanessa Spence’s role from executive vice-president of creative. With the firm since 2007, she steps up from ‘only’ leading the design and creative direction for all its owned brands to become EVP brand and creative. That’s a crucial move as it sees its brand and creative strategy coming together.
There there’s the aforementioned creation of MDs for the firm’s key regions. Current VP North America Sean Trend is becoming MD for the UK and US, which is a new role. And its SVP operations Jag Weatherley becomes MD for Europe and the rest-of-world region.
Meanwhile, Michelle Wilson, previously chief of staff and strategy, is now MD of Topshop and Topman and leading a dedicated cross-functional team to ensure the brands prosper as standalone since they were sold last autumn. The brands are now majority owned by Heartland, the holding company of major ASOS shareholder and Bestseller owner Anders Holch Povlsen. But ASOS retains a minority stake and continues to sell the high-profile labels.
ASOS
Wilson will also be in charge of the ASOS global wholesale division, that takes in its American partnership with Nordstrom in the US, its Indian one with Reliance Retail, and its European one with Bestseller.
Meanwhile, it was also announced that highly experienced Zalando’s software engineering VP Przemek Czarnecki joined ASOS earlier in February as its EVP technology. That role had been held by interim EVP Hugh Williams.
And that’s not the end of the changes. To “better align strategic decision-making and communication”, EVP people experience Ras Vaghjiani’s role is also expanding to become EVP people, communications and strategy. And supporting Vaghjiani will be Rishi Sharma, promoted from interim general counsel and company secretary to SVP corporate affairs and strategy.
The business is also creating product development teams (PDTs) with a focus on strategic priorities such as loyalty and Test & React with each team having an engineering lead partnered with a product manager. It comes as the firm has radically boosted its team of software engineers and product managers.
CEO José Antonio Ramos Calamonte called the news “an exciting new chapter for ASOS” that will better equip it for speedy growth.
The changes come as it fights back from a tough period that has seen its results (and its share price) declining sharply.
French fragrance group Interparfums announced on February 26 that its 2024 net profit rose by 10% to €129.9 million, fueled by the strong performance of Lacoste fragrances. The result was just above market expectations. A consensus provided by the company had forecast a net profit of €129.3 million.
Interparfums credited tight cost management for its 11% increase in operating profit, which hit €178 million. This resulted in an operating margin of 20.2%, aligning with projections released in January.
“In 2024, we once again delivered an outstanding performance, largely driven by Lacoste fragrances, in a year dedicated to revamping distribution and relaunching the brand,” said CEO Philippe Benacin in a statement.
The company, which has proposed a dividend of €1.15 per share (up 10% year-on-year), invested €187 million in marketing and communications last year to enhance brand visibility and drive sales.
Among its key partnerships, Interparfums has extended its licensing agreement with Van Cleef & Arpels for another nine years. Meanwhile, the group is now developing the first fragrance and beauty line under a newly signed Off-White license, set to debut between late 2026 and early 2027.
“In 2025, we aim to sustain our growth trajectory, with a revenue target of between €930 million and €935 million, reflecting the recent appreciation of the U.S. dollar,” Benacin added. This would represent an increase of 5.6% to 6.2%.
Interparfums’ annual general meeting is set for April 17, when the departures of Chantal Roos, Dominique Cyrot, and Frédéric Garcia-Pelayo from the board of directors will be formally announced. Garcia-Pelayo, who served as deputy CEO until the end of 2024, has been succeeded by Daphné Benacin, previously the group’s regional export director.
Michael Strahan is set to launch a direct-to-consumer custom tailoring operation, a new avenue of growth for his clothing brand after a decade in business.
Michael Strahan – Photographer: Sean Gardner/Getty Images
The Michael Strahan Design Lab plans to deliver made-to-order suits within two weeks at flat prices, such as $399 for a two-piece set. The new line of custom suits will be available through its own online shop, which goes live on Wednesday.
It’s a big leap for the former football-star-turned-television-personality, who in recent years has been adding shelf space for his apparel line at traditional retailers including JCPenney, Belk and Tailored Brands, which owns Men’s Wearhouse. The brand has also offered made-to-measure suits through Men’s Wearhouse.
Management still wants to add new retail chains, as well as expand in existing ones, and use the new site to offer customized production for groups like sports teams, wedding parties and corporate events. The company declined to share revenue figures.
Strahan, an NFL Hall of Fame member who cohosts ABC’s Good Morning America, and his cofounder at production firm SMAC Entertainment, Constance Schwartz-Morini, started the namesake brand as a suit line in 2015. The goal was to create an affordable, tailored clothing line, Schwartz-Morini said in a statement. This latest expansion comes as economic concerns weigh on consumer confidence and budget-conscious shoppers pull back on a variety of purchases.
“Typically celebrity brands – it’s hard for them to survive,” Koral Chen, senior vice president of brand development at SMAC, said in an interview. “But the fact is we’ve been here for 10 years and growing.”
The brand has since expanded into licensed sports apparel with the NFL and NHL, including an arrangement with US sports merchandise company Fanatics Inc.
Strahan’s brand has also dabbled in sports deals and talent management, signing top college football star Travis Hunter to a name, image and likeness agreement. And in March, Strahan signed a partnership with the United Football League to be its off-field apparel partner.