After six weeks of fashion weeks spanning New York, London, Milan, and Paris, the French capital closed out the runway marathon last week with an intense ten-day finale. As international trade dynamics remain uncertain and the luxury sector undergoes significant transformations, FashionNetwork.com spoke with department store buyers to gather their thoughts on the season, emerging trends, and key highlights. Maud Pupato, luxury womenswear and accessories buying director at Printemps, shares her perspective.
Maud Pupato, luxury womenswear and accessories buying director at Printemps. – Le Printemps
FashionNetwork.com:What key trends emerged from this season’s runway shows?
Maud Pupato: Romanticism and maximalism are making a strong comeback, perfectly embodied by Chloé and Valentino. Materials largely define this season’s trends. Fur is a dominant feature, appearing in coats, skirts, scarves, and collar accents. It was everywhere on the runways. Leather also played a pivotal role, adding power in head-to-toe looks or bringing modernity when paired with sophisticated or formal pieces—like at the Saint Laurent show, where bomber jackets provided a striking contrast to evening gowns.
Tailoring remains a key trend but is evolving—moving from masculine cuts to a more refined, intellectual take. Calvin Klein‘s show was the perfect example, offering structured coats and suits with a controlled sensuality. Styling and layering also played an increasingly prominent role, inspiring direct runway-to-street looks and encouraging individual reinterpretation.
FNW:With so many industry changes, what’s your overall impression of this season?
MP: This season, there’s an optimistic energy reflected in more colorful, vibrant, and richly embellished collections. However, there’s still a strong sense of nostalgia, with designers reworking the past through a modern lens. We saw this at Miu Miu, Saint Laurent, Chloé, Valentino, Givenchy, and Prada.
At the same time, black remains a dominant color, while soft, enveloping materials—like wool—evoke a sense of warmth and intimacy (The Row) or a winter fairytale aesthetic (Max Mara). Creativity took center stage, with brands cleverly reinterpreting their own codes, particularly at Courrèges, Fendi, and Givenchy.
FNW:Which three shows stood out the most, and why?
MP: Saint Laurent delivered an exceptionally strong collection, offering a futuristic vision rooted in an evocative past. Miu Miu was once again a highlight—the brand continues to refine its voice, creating conceptual and wearable looks. Lastly, The Row offered a truly standout moment. The show unfolded in an intimate setting, with models walking barefoot in tights, creating a quiet, powerful atmosphere. The collection itself was breathtaking.
FNW: In your opinion, which designer debuts were the most successful this season?
MP: Calvin Klein’s first collection under Veronica Leoni was one of the most compelling of the season. The brand approached its debut with humility but delivered a clear, thoughtful vision. In Paris, Sarah Burton also made an impressive entrance at Givenchy, offering striking statement pieces with a rich, expressive color palette.
FNW: Among independent brands and emerging designers, whose collections made an impact?
MP: Belgian designer Julie Kegels, in her second season in Paris, reworked classic tailoring with references to the 1980s and bold, sculptural silhouettes. On the other hand, Hannah Rose Dalton and Steven Raj Bhaskaran’s brand, Matières Fécales, brought a daring, unconventional take on glamour, embracing a darkly theatrical aesthetic.
FNW:What are the must-have pieces this season? Which materials and colors will define the look?
MP: Fur—whether in full coats or as subtle detailing—is unavoidable this season. But beyond that, several standout pieces are emerging: a classic or leather trench, a perfectly tailored blazer, or a structured wool coat. Knit skirt-and-sweater sets are also gaining traction. For tops, I see strong interest in blouses with lavallière ties or ruffles, as well as simple white tank tops styled with visible satin lingerie. Knee-high socks or thigh-high stockings paired with sandals are also key styling elements.
In terms of color, we’re seeing bright, retro-inspired hues: red, olive green, blue, and pink. The must-have accessories? A structured bowling bag or ladylike handbag worn at the elbow and a cinched belt to define the waist.
FNW:Speaking of accessories, do you see any emerging trends?
MP: This season, head accessories played a major role, appearing at Valentino, Magda Butrym, Coperni, Marine Serre, and Christopher Esber. Scarves were also a key feature at Miu Miu, Courrèges, Ferragamo, and Acne Studios. Heels are getting higher—I saw fewer kitten heels and ballet flats. As for jewelry, the trend is all about layering: stacked crystal necklaces, oversized earrings, and chunky bangles are making a strong statement.
Chanel continues to strengthen its presence in Italian manufacturing. Over the years, the French house has acquired several Italian footwear and leather goods manufacturers, including Ballin, Mabi International, Roveda, and Gensi Group, while also taking stakes in key players across the fashion supply chain. Today, the maison announced the acquisition of a majority stake in Grey Mer, its long-standing footwear production partner.
Chanel acquires a majority stake in Italian footwear specialist, Grey Mer. – greymer.it
“Chanel confirms the acquisition of a majority stake in Grey Mer. The two companies have collaborated for 13 years, producing footwear for collections designed by the Chanel Studio,” read the statement sent by the maison to FashionNetwork.com. “Since its founding nearly 45 years ago by the Alessandri family, Grey Mer has cultivated exceptional craftsmanship and continuously evolved to meet the demands of its clients. Faced with the need to secure its production capacity, Chanel naturally chose to strengthen its partnership with this trusted manufacturer, marking a new chapter in its history.”
The financial details of the transaction have not been disclosed. However, as confirmed to FashionNetwork.com by Grey Mer’s management, Chanel has acquired 70% of the company’s capital, while the remaining 30% remains with the founding Alessandri family.
Founded in 1980 in San Mauro Pascoli (FC) by Luciano Alessandri, the company is now led by his daughter Perla, who serves as CEO. Her sisters, Margherita and Antonia, oversee production and communications, respectively.
In 2023, Grey Mer, which employs around 100 people, recorded a turnover of €34 million.
PDD Holdings, which operates e-commerce platforms Pinduoduo and Temu, missed market estimates for quarterly revenue on Thursday, as demand remained weak in China despite deep discounts and government stimulus to boost spending.
Shutterstock
While government stimulus measures and deep price cuts from retailers have drawn some shoppers, PDD’s sales report indicates persistent weakness in the Chinese economy is still forcing consumers to keep a tight lid on their spending.
The company is also facing stiff competition from e-commerce industry leaders Alibaba, opens new tab and JD.com, with both reporting better-than-expected revenues in recent weeks. PDD operates Pinduoduo only in China, and Temu internationally.
“We were expecting a miss because Alibaba’s outperformance indicated a share gain versus PDD. Alibaba was investing in merchant retention, so it naturally hurts PDD since they have overlapping merchants and categories,” said M Science analyst Vinci Zhang.
In addition, JD.com’s strength in electronics and appliances meant it was better positioned versus PDD to leverage increased purchases linked to government subsidies for those products, Zhang said.
The company reported revenue of 110.61 billion yuan ($15.3 billion) for the three months ended December 31, compared with analysts’ average estimate of 115.38 billion yuan according to data compiled by LSEG.
Still, it reported an adjusted profit of 20.15 yuan per American Depository Share, beating estimates of 19.81 yuan, benefiting from a higher interest and investment income and favorable currency exchange rates.
PDD has benefited from Temu’s surging popularity in international markets – the shopping site’s rock bottom prices on everything from clothing and home goods to electronics has attracted cost-conscious shoppers in major markets such as the U.S. and Europe.
But Temu faces a threat from possible changes to the U.S. de minimis policy, a trade perk that exempts imported items worth less than $800 from tariffs and customs procedures. The exemption has so far helped Chinese retailers such as Temu and Shein keep prices low and grab market share.
“For our global business, as we discussed in recent quarters, changes in the external environment have been accelerating and competition is fierce,” said co-CEO Chen Lei.
“These external changes taken together will inevitably bring some challenges to our global business,” he said, adding that PDD’s response includes exploring new business models and experimenting with “innovative localised supply chain solutions”.
The number of de minimis shipments entering the U.S. from China hit 89 million in January, up 12% compared to a year ago, according to U.S. Customs and Border Protection data, opens new tab.
U.S. President Donald Trump last month moved to suspend the de minimis exemption, but paused the repeal after the rapid change created disruptions for customs inspectors, postal and delivery services and online retailers. Even amid that chaos, the number of de minimis shipments from China recorded a slight increase in February compared with the same period in 2024.
Retail giants Amazon and Walmart-owned Flipkart violated Indian quality control rules by stocking products that did not have the required standards certificate, India’s top government-run product certification agency said on Thursday.
Reuters
Raids on warehouses operated by both firms, conducted on Wednesday by the Bureau of Indian Standards in the Tiruvallur district of the southern Indian state of Tamil Nadu, found that the firms had violated rules by storing, selling and exhibiting products that did not carry the BIS standard mark, a government statement said.
A spokesperson for Amazon India said the company was engaged closely with various stakeholders including regulators, while a Flipkart spokesperson said it worked with sellers to drive awareness and to comply with all applicable laws.
“The platform has several processes to review the listings sellers make on the marketplace, and also conducts regular audits to ensure compliance,” a spokesperson for Flipkart said in response to a request for comment.
The raids are the latest headache for the two firms, leading players in India’s e-commerce market which consultancy firm Bain estimated was worth $57 billion-$60 billion in 2023 and set to top $160 billion in value by 2028.
At the Amazon warehouse, 3,376 products without the standard mark, including flasks, insulated food containers, toys and ceiling fans were seized, according to the statement, while officials seized diapers, casseroles and stainless steel water bottles from the Flipkart warehouse.
Last September, an anti-trust investigation found that both companies violated local competition laws by giving preference to select sellers on their shopping websites.
A few weeks later, in November, investigators raided a number of Amazon and Flipkart sellers following a 2021 Reuters investigation based on internal Amazon documents that showed the company had for years given preferential treatment to small groups of sellers, and used them to bypass Indian laws.