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​Elsewhere in Milano: MM6, Tod’s, Valextra, and Sara Battaglia

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September 26, 2025

From the street runways to art museums, from haute gamme boutiques to happening pop-ups, Milan Fashion Week had a busy few days with MM6, Tod’s, Valextra and Sara Battaglia.

MM6: Post-its and polished

MM6 is all about balancing conceptual fashion with cool clobber, rarely more so than this Thursday in Milan, where the collection was presented on a cobblestone street.

MM6 Maison Margiela Spring-Summer 2026 show – Courtesy of MM6 Maison Margiela

Like its big brother Maison Margiela, MM6 has lots of insider signifiers, notably the white and whitewash. So, the ushers and PRs all wore white lab coats, and the pavement and part of the street were done in whitewash.

Making a suitable catwalk for this collection — the arty diffusion line of fashion’s most famous concept brand, whose cast all walked with mirrored visors down Via Borgospesso, a central Milan backstreet probably best known for the restaurant Bice, a famed fashionista eatery.

In the most unexpected color palette of the season: Post-it hues of faded yellow, light turquoise or baby blue.

What worked best were the perfectly worn rawhide leathers in burgundy or coal, worn with see-through skirts that revealed cami-knickers underneath. Or the cunning trenches, whose entire shoulders morphed into transparent blouses. Or the cool anthracite cocktails, again finished with a gauzy neckline and floral bra.

Mm6 Maison Margiela – Spring-Summer2026 – Womenswear – Italie – Milan – ©Launchmetrics/spotlight

Juxtaposition is always at the heart of Margiela, one of four runway brands within fashion holding company OTB, along with Marni, Jil Sander and Viktor & Rolf.

For dudes, in a co-ed show, there were eggshell blue suits over foamy sweatshirts, finished with a fabric laundry ticket, or beige spy coats worn with bitter orange pants and matching cyclist’s waist packs.

The founder Martin Margiela’s fondness for offbeat footwear was also apparent in some great pumps with displaced heels, or leather loafers with knobby heels. A wardrobe that ranged from office and meeting to lunch and cocktails. Just like the music, which leapt from Velly Jones’ willfully eccentric tune “Stopp, Seisku Aeg!” to Nina Simone’s “Who Knows Where the Time Goes.”

At the finale, no designer took a bow, respecting the founder’s pathological sense of privacy. Before the cast and half the audience marched around the corner to discover a cool new Margiela store in a courtyard on shopping mecca Via Spiga.

Tod’s: Gommino glory

A swish and smooth collection at Tod’s this season, staged inside art foundation MAC, where guests were greeted by a dozen artisans carefully creating vanilla-hued versions of the house’s famed Gommino moccasin.

Tod’s Spring-Summer 2026 show
Tod’s Spring-Summer 2026 show – Courtesy of Tod’s

The same color as the runway and suede bench seats, where there sat multiple reminders of Tod’s continued pulling power — Naomi Watts, Michelle Monaghan, Poppy Delevingne, Kaya Scodelario and uber model Iman.

Celebrating Italian artisans, the invitation was a cardboard copy of a Gommino pattern, and the photo call was a perforated wall — just like the moccasin’s sole. In case you didn’t get it: the wall read, “Leave Your Mark.”

And most models wore a punchy new saddle-stitched version of the Gommino, along with an impressive array of T Timeless bags — again, some of which were finished with saddle stitching.

Tod's Spring/Summer 2026 collection in Milan
Tod’s Spring/Summer 2026 collection in Milan – Tod’s

Tod’s expertise in leather was the leitmotif of the collection, where creative director Matteo Tamburini skillfully played with a plethora of skins — lambskin, suede and rawhide. Simple sheaths with front flat pockets, or hyper-attractive Pashmy jackets.

Though his most eye-catching look was a black oversized trench with contrast white seams, or an excellently draped black wrap dress with white trim, worn with authority by veteran Mariacarla Boscono — one of several mature models to walk in this show.

Apart from a few mannish broad-striped cotton shirts with complementary canvas totes, everything was pretty much made of leather, as Tamburini insisted on a tight focus.

Driven on by racy music like “The Rest Is Noise” by Jamie xx, the cast meandered around the runway looking composed and rather wealthy. Though one could not help thinking that while it’s great to celebrate Italy’s unique artisanal skills, one also needs to take a few more risks with the clothes.

Valextra: Iside, large and small

Evolution at Valextra, which unveiled two new versions of its Iside bag, along with some smart fresh treatments.

Iside Editor
Iside Editor – Valextra

In order of size, the Iside Editor — a larger version — featured the bag’s newer, softer feel and came with suede lining to lighten up the load.

While the Iside Tin is a smaller version, its name comes from the Milanese expression for a cute child.

Both come with suitable crossbody straps — the Tin with a shortened version, allowing a lady to tuck it under her arm.

“It’s all about effortless,” explained CEO Xavier, who was keen to point out the various new treatments, like the textured Senso nubuck, or taking the house’s signature calfskin Millepunte leather and giving it a hammered treatment known as Martellato — imparting a softer, almost powdery hand.

Sara Battaglia: The sisters are doing it for themselves

One store grabbing attention is the all-red new boutique of Sara Battaglia, with lots of plissé and an ebullient designer, who is expecting her first child in December.

Sara Battaglia (right) with guests Anna Dello Russo, Amina Ladymya, and Giovanna Engelbert at the new Sara Battaglia store in Milan
Sara Battaglia (right) with guests Anna Dello Russo, Amina Ladymya, and Giovanna Engelbert at the new Sara Battaglia store in Milan – Sara Battaglia/Instagram

Located at 1B Corso Matteotti, the store has plissé red walls, where plissé is “the visual metaphor for the complexity of being a woman, and a positive message about women’s freedom and strength,” explained Battaglia.

Every piece — from the crushable techy sheath dresses to plissé Mantero silk scarves — is designed to fit inside the Plissé Bucket Bags, which hung on the walls.

Created to showcase the brand’s latest drop, the store offers some very cool reversible bicolor plissé dresses designed to be worn front or back.

Alongside the dresses, two sunglass styles — Hope and Fire — featuring plissé details were crafted and come in cases created in collaboration with Dritto Filo, which supports the economic independence of women survivors of violence.

The theme of sisterhood runs throughout the store, whose all-red design represents strength and defiance in the women’s rights movement — and the fight against domestic violence in Italy.

In addition to the presentation during fashion week, the drop is also available through the brand’s DTC channels with a See Now, Buy Now approach. The drop is also available at OONCONVENTIONAL in Milan and through a selection of retail partners.

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Birks sales surge on European acquisition, strong retail performance

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December 8, 2025

Birks announced on Friday a 16.2% uptick in half-year sales to $93.1 million, on the back of the Canadian jeweller’s acquisition of European Boutique, and a strong retail performance.

Birks

The Montreal-based company also logged an increase in third-party branded timepieces across multiple brands for the 26 weeks ending September 27, in addition to gains in sales of Birks branded jewelry and third-party branded jewelry.

Meanwhile, comparable store sales rose 6.3%, attributable to strong sales in all product categories, particularly in third-party branded timepieces, but also in Birks branded jewelry and third-party branded jewelry, the company added.

In light of the strong sales performance, Birks narrowed its earnings loss during the six months to an operating loss of $0.2 million, compared to a reported operating loss of $0.3 million in the prior-year period.

“Our net sales, gross profit and comparable store sales for the first half of Fiscal 2026 are higher than the corresponding period in Fiscal 2025 due in part to the acquisition of the European business but also due to our strong retail performance, which speaks to the strength of our product offerings, both in terms of our Birks branded products and our third-party branded watches and jewelry,” said Niccolò Rossi di Montelera, executive chairman of the board and interim CEO.

“I would like to thank our teams for their dedication and hard work. The growth achieved in the first half of Fiscal 2026 is a testament of our commitment to our customers and I am grateful for the unwavering efforts of all our employees which contributed to these results and the successful integration of the European stores.”

In July, Birks acquired the luxury watch and jewellery business of European Boutique from its founders, the Sutkiewicz family, for a purchase price of $9 million.

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Koio relaunches the Primo with Rose Anvil

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December 7, 2025

NYC-based footwear brand Koio is relaunching The Primo, the high-top sneaker that debuted the brand in 2015, in a limited-edition collaboration with leatherworker and YouTube creator Rose Anvil for its tenth anniversary.

Koio relaunches the Primo with Rose Anvil. – Koio

The updated Primo maintains Koio’s original Italian build standards, with internal upgrades including a full leather Strobel board, leather toe cap and counter, and a gum outsole. The upper is crafted from vegetable-tanned, untreated Vachetta calf leather sourced from Italian tannery Conceria Annarita, allowing the sneaker to naturally darken and develop a unique patina with wear.

“Reintroducing the Primo for our ten-year anniversary is incredibly meaningful,” said Johannes Quodt, co-founder of Koio. “It was the shoe that launched the brand, so bringing it back with Rose Anvil’s technical rigor felt like the right way to honor its legacy. The Vachetta leather will age beautifully, making this one of the most personal and character-rich versions we’ve ever created.”

The Primo first debuted in February 2015 at Koio’s Bowery pop-up, created by the founders as their ideal high-top sneaker. The silhouette remained a core style for five years before the brand shifted focus as its range expanded. Koio continued to receive requests from collectors and longtime customers to bring back the original design, prompting the reissue as part of the brand’s tenth-anniversary celebrations.

“The Primo was already a well-built sneaker, but replacing every internal synthetic component with leather significantly elevates the craftsmanship,” said Weston Kay, Rose Anvil. “Using untreated Vachetta leather means the shoe doesn’t just look good out of the box but it continues to improve over time.”

Koio’s work with Rose Anvil follows the success of their first collaboration—the Koio x Rose Anvil Capri Triple White—which sold out in less than 24 hours.

The limited-edition Primo is priced at $325 and is now available exclusively online.

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Victoria’s Secret raises full-year outlook on strong Q3

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December 7, 2025

Victoria’s Secret & Co. on Friday reported better-than-expected sales in the third quarter, prompting the U.S. lingerie giant to raise its full year outlook.

Victoria’s Secret raises full-year outlook on strong Q3. – Victoria’s Secret

The Ohio-based company said sales for the three months ending November 1 totalled $1.472 billion, up 9% from the third quarter of 2024 and above its previously communicated guidance range of $1.390 billion to $1.420 billion. Meanwhile, total comparable sales for the third quarter of 2025 increased 8%.

Victoria’s Secret recouped its earnings, reporting a net loss of $37 million, or $0.46 per diluted share, compared to net loss of $56 million, or $0.71 per diluted share, for the third quarter of 2024.

“With two iconic brands, Victoria’s Secret and Pink, a curated product assortment, high-emotion marketing and a relentless customer focus, we are reinforcing our leadership in global intimates and beauty,” said Victoria’s Secret & Co. CEO, Hillary Super.

“As we continue to advance our Path to Potential strategy, we are accelerating global growth, elevating brand distinctiveness, and unlocking greater value across our ecosystem to drive long-term profitable growth.”

Looking ahead, the company is now forecasting full-year net sales in the range of $6.450 billion to $6.480 billion, compared to prior guidance of $6.330 billion to $6.410 billion for the full year 2025. Adjusted net income per diluted share is estimated to be in the range of $2.40 to $2.65, compared to prior guidance of $1.80 to $2.20.

For the fourth quarter, the company is forecasting net sales to be in the range of $2.170 billion to $2.200 billion compared to last year’s fourth quarter net sales of $2.106 billion.

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