The eighth sale by the British auction house Kerry Taylor, hosted in partnership with Maurice Auctions in Paris, offers a selection of more than 400 avant-garde fashion pieces and accessories, split into two sessions (at 10.30am and 3.00pm on November 6). The second session will be devoted entirely to the ‘Penelope Archive’ collection by Roberta Valentini, a leading figure in the development of fashion in Italy.
Maison Martin Margiela Artisanal: papier-mâché vest, white label, spring-summer 1990
With her avant-garde boutiques in Italy, Roberta Valentini is internationally recognised as a pioneer and trendsetter, and has assembled a collection of 237 rare pieces in excellent condition. These were pieces that Valentini — who in the 1970s was the first to bring names such as Margiela and Rei Kawakubo to Italy — deemed too important to sell, choosing instead to preserve them as a testament to fashion history and to her personal vision.
By contrast, the first session will present around 200 lots from various sources, including a significant collection of Maison Martin Margiela pieces, as well as a selection of designs by John Galliano for Christian Dior and for his eponymous brand. The sale will also offer a wide selection of ready-to-wear and leather goods from Chanel and other major maisons.
Roberta Valentini – @Penelope Archivio
Roberta Valentini (whose birth name is Cesarina; she changed it as an assertion of her identity) began her career in the fashion world in 1969, working in the family footwear business. After her father’s death, she and her sister opened a small boutique in Contrada Cavalletto in Brescia, offering cutting-edge fashion to an increasingly discerning clientele. Today she runs three boutiques in Brescia: ‘Penelope’, ‘Boysloft’ and ‘Penelope Sposa’.
Describing herself as a “disruptor”, Roberta Valentini has become a true style icon, recognised for her flame-red hair, and has been invited to prestigious events, including dinners with the British Royal Family.
Highlights among the top lots at the Paris auction of the ‘Penelope Archive’ include: from Maison Martin Margiela Artisanal, a papier-mâché gilet, white label, spring–summer 1990, made from layers of advertising posters (estimated at €15,000–€25,000), as well as a top made from a plastic bag, a spring–summer 1994 reissue (€4,000–€6,000). From Yohji Yamamoto, a grey-and-silver striped silk taffeta suit, spring–summer 1999 (€3,000–€5,000), and a rare hat in wood and black felted wool, autumn–winter 1991–1992 (€1,000–€1,500). From Vivienne Westwood, the auction will feature a suit in wool, velvet, and faux fur, autumn–winter 1996–1997 (€700–€1,000).
In the first half of 2022, the Paris-based auction house Maurice Auctions entered into a partnership with London-based Kerry Taylor Auctions. Together they organise two annual sales devoted to fashion and haute couture, with a highly curated selection.
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After ending 2024 down 2.1%, Italy’s childrenswear sector is expected to end 2025 with turnover of just over 3 billion euros, a decline of 3.2%, according to preliminary estimates by Confindustria Moda‘s Economic and Statistical Research Office. The value of production is expected to fall by 4.8% year on year.
In foreign trade, childrenswear exports are forecast to decline by 3.2%, bringing the total value of overseas sales to 1.5 billion euros and accounting for 48.9% of sector turnover. By contrast, imports are expected to grow by 1.8%, taking the total to almost 2.6 billion euros.
With regard to foreign markets, the analysis can be limited to babywear, which, according to Istat, fell by 3.9% in the first nine months of 2025 to 112.7 million euros. This negative trend affected both EU (-1.2%) and non-EU (-5.9%) markets.
During the period under review, the United Arab Emirates confirmed its position as the leading destination for babywear, posting growth of 18.1% to 10.3 million euros, equivalent to 9.2% of total exports. Despite a 2.3% contraction, Spain climbs to second place and accounts for 9.1%, while France takes third place with growth of 1.3%. The US, a strategic market for babywear, slips to fourth following a marked 17.0% decline, to 8.6 million euros and a 7.6% share. The UK and Germany, the fifth and sixth destination markets respectively, also contracted, but at very different rates: the UK recorded a modest 3.6% decline, with a value of 6.8 million euros, while Germany suffered a more pronounced 16% loss, with turnover of 4.8 million euros, corresponding to 4.3% of total exports for the segment.
Conversely, China, in seventh place, shows moderate growth (+4.5%) to 4.6 million euros, followed by Russia and Poland, with particularly strong increases of 35.3% and 63% respectively. Sales to Israel also rose sharply, up 131.2% to 3.9 million euros, taking its share to 3.5%.
Among other European markets, Portugal and Bulgaria, the eleventh and twelfth, both show increases of 1.9% and 0.3% respectively; while Greece and the Netherlands, in fourteenth and fifteenth positions, show declines of 12.3% and 14.5%, respectively. In the Middle East, in addition to the aforementioned Emirates, Qatar (2.9 million euros, +8.9%) and Saudi Arabia (2.2 million euros, +25.6%) stand out, strengthening their overall contribution.
Finally, with shares of less than 2%, Belgium and Romania show significant growth, with increases of 52.3% and 12.6%, respectively, while Croatia and Japan register smaller negative changes of 7.8% and 0.5%, respectively.
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Monica Vinader has chosen English singer/songwriter Sienna Spiro as the face of the aspirational, ambitious premium jewellery brand.
Sienna Spiro
The “meaningful collaboration” links the jewellery brand “known for its design integrity and exceptional quality” to “one of music’s most compelling emerging voices… with her lyrics rooted in feeling and intention, qualities that closely align with Monica Vinader’s approach to design”, we’re told.
Throughout the campaign, Spiro wears the new Infinity collections as well as Monica Vinader pieces engraved with lyrics from her song ‘You Stole the Show’.
The engravings spotlight the brand’s personalisation services, “transforming jewellery into objects of meaning, from song lyrics and private messages to personal mantras”, the retailer said.
The brand, which has several stores in London, plus stores at Liverpool One, in Manchester and Edinburgh, appointed a new CEO in November. Sebastian Picardo now heads the previously family-run brand founded by siblings Monica (artistic director) and Gabriela (non-exec director) in 2008.
At the time of his appointment, the sisters said Picardo is “perfectly placed to guide our next phase of growth” and will work to accelerate the business’s global reach, “scaling innovation, inspiring existing and new audiences, and setting new standards for modern luxury jewellery”.
Scottish gymwear brand Dfyne has opening a 21,623 sq ft headquarters in Glasgow that “marks a major milestone in the company’s growth just four years after launch”, it said.
Dfyne
Designed in collaboration with workplace designer/builder Oktra, the new HQ provides a permanent base for Dfyne’s growing team and “reflects the brand’s ambition, identity, and people-first values.. as the business continues to grow”.
The opening marks ‘phase one’ of the project, with further phases planned to extend the workspace and complete the ground floor fit-out, it said.
The workplace is organised around a series of “clearly defined zones, balancing focused workspaces with informal collaboration areas and spaces to showcase Dfyne products”.
“Cultural storytelling” is also embedded within the design. Brown leather seating in the new meeting booths references a brown leather sofa from Dfyne’s original headquarters – a piece closely associated with the brand’s early days and formative moments.
“This detail symbolises [our] journey from a small founding team to a fast-growing international brand, while maintaining a strong connection to its roots”, it said.
CEO Oscar Ryndziewicz added: “In only four years, and thanks to our incredible community, we’ve grown to such a level that we can create a new, tailor-made space for our team that embodies our brand values. With the creation of unique workspaces, our new HQ is purposefully designed to enable everyone who supported the company’s growth to spark connections and inspire innovation.”