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L’Oreal in deal to increase stake in Galderma to 20%

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December 8, 2025

French cosmetics group L’Oreal is to increase its stake in Swiss dermatology firm Galderma to 20% from about ⁠10%, the Swiss firm said in a statement on Monday.

Galderma is a dermatology specialist – Reuters

L’Oreal ⁠is buying the stake for an undisclosed sum from a consortium led by Swedish ‍private ‌equity firm EQT, which includes Abu Dhabi ⁠Investment Authority and ‌Auba Investment Pte. Ltd. The ‌deal is due to close in the first quarter of 2026. As a result, Galderma is looking into ‍replacing board members representing the consortium by two non-independent board candidates from L’Oreal at ‌the ⁠company’s ​next annual general meeting in ⁠2026, ​it said.

“Galderma continues to deliver impressive growth, strong innovation, and category leadership across its broad, science-based dermatology portfolio,” said Galderma’s CEO Flemming Ørnskov in a press release. “With strengthened commercial execution, continued platform and portfolio expansion, and an increasingly consumer-focused approach to innovation, we are rapidly scaling into a dermatology powerhouse. We are pleased with L’Oréal’s increased investment, which affirms our direction and the meaningful value creation we expect in the years ahead. As we move into 2026, we remain fully focused on our Integrated Dermatology Strategy and on serving our customers, consumers, and patients.” 

The businesses also plan to explore additional scientific research projects of mutual interest with a shared focus on skincare and skin health, innovation, and long-term growth. Galderma, originally set up as a joint venture between Nestle and ​L’Oreal before the latter sold its 50% stake in 2014, listed ⁠an initial ⁠tranche of its stock in March 2024.

FashionNetwork.com with Reuters 

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Skechers partners with Mohammed Siraj and Alaya F to launch ‘Go Walk’ collection in India

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December 8, 2025

Footwear brand Skechers has partnered with Indian cricketer Mohammed Siraj and Bollywood actress Alaya F to launch its ‘Go Walk’ collection in India and position its footwear alongside healthy living.

Indian cricketer Mohammed Siraj and Bollywood actress Alaya F for Skechers – Skechers

 
“Go Walk embodies what Skechers stands for- effortless comfort, innovative design, and contemporary style,” said Skechers South Asia’s CEO Rahul Vira in a press release. “The collection ensures that walking feels natural, energising, and enjoyable, turning a daily activity into a lifestyle experience. With talents like Mohammed Siraj and Alaya, we aim to inspire consumers to embrace walking as an empowering, stylish, and mindful way to move- because at Skechers, we define comfort.”
 
The Go Walk collection features adaptive midsole technology, shock-absorbing soles, breathable materials, and a lightweight construction, designed to make walking easy and fun. The campaign highlights walking as an integral part of everyday life and harnesses its campaign stars’ pan-India popularity to promote healthy living along with its sneaker collection.

“Performance matters on the field and off it,” said Mohammed Siraj. “Go Walk delivers lightweight comfort, adaptive cushioning, and responsive soles that keep my feet energised and perfectly supported, whether I’m training, traveling, or spending time with family. Every step feels smooth and natural, giving me that effortless sensation. Every step feels natural- its comfort defined.”
 
Skechers South Asia is a subsidiary of Skechers U.S.A., which is based in Southern California and caters to men, women and children. Retailing in 180 countries and territories through department and specialty stores, the brand manages its global business through a network of wholly owned subsidiaries, joint venture partners, and distributors. 
 
“As someone constantly on the move, I need footwear that keeps up with my pace and energy, said Alaya F. “Go Walk goes beyond ordinary shoes- the advanced cushioning, responsive soles, and lightweight design make every step feel effortless, whether I’m shooting long hours on set, traveling, or enjoying a casual day out. It’s not just comfortable, it’s empowering.”

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Zimmermann makes Mexico debut with boutique in Los Cabos

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December 8, 2025

Australian label Zimmermann has announced the opening of its first boutique in Mexico, at the newly inaugurated Ánima Village in Los Cabos. The brand’s arrival marks a significant step in its international expansion and its official debut in Latin America.

Zimmermann arrives in Mexico with a boutique in Los Cabos – Cortesía

“It’s incredibly exciting to open our first boutique in Mexico. I’ve always really enjoyed spending time there, so finally being able to open a store is a great achievement for us,” said Nicky Zimmermann, creative director and co-founder of the Australian house.

The designer added that Los Cabos represents an ideal setting for the brand and that the new boutique seeks to reflect the destination’s vibrant energy. She noted that the space was conceived as an immersive experience designed to showcase the aesthetic and artisanal sensibility that characterises Zimmermann.

The architectural project was led by Studio McQualter, which opted for complete integration with the Ánima Village setting.

The façade combines brick, concrete, and wood, accompanied by naturalistic landscaping that echoes the design of the complex. Brass handles, a recurring signature of the brand, highlight the entrance to a space devised to offer an experience in keeping with the Zimmermann universe.

The interior features a mix of vintage pieces, contemporary art, and considered finishes, set beneath lofty ceilings and white plaster-textured walls. A Murano-glass wall stands out alongside a table by Afra and Tobia Scarpa, while a work by Barbara Kuebel accompanies the presentation of the 2026 cruise ready-to-wear collection.

Zimmermann, accessories area
Zimmermann, accessories area – Cortesía

Works by Australian artists Laith McGregor, Clifford Thompson and Richard Nelson reinforce the house’s connection to its roots. A second space is dedicated to accessories, with walls in shades of pink and a terrazzo floor laid in a green-and-cream chequerboard.

The selection of handbags, scarves, and belts is presented in a lounge with a vaulted ceiling, decorative fireplace, and 1950s furnishings, paired with Eero Saarinen Tulip chairs, all atop a bespoke kilim rug. The boutique, which already carries the aforementioned cruise collection, underscores the growing appeal of Los Cabos to international luxury fashion brands.

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Turnbull & Asser appoints Roberto Menichetti as creative director

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December 8, 2025

Turnbull & Asser has appointed the highly experienced  Italian designer Roberto Menichetti to be its new creative director. In his new role, Menichetti will oversee all of the label’s creative direction including bespoke shirting, tailoring, outerwear, and accessories, the 140-year-old British shirtmaker and outfitter said in a release.

Designer Roberto Menichetti in the workshop – Turnbull & Asser

 
The appointment marks a return to London for Menichetti some two decades after he departed Burberry, where he played a dynamic role in reviving that the UK’s largest luxury label.
 
“Roberto’s appointment reflects our ambition to bring fresh energy to our wardrobe while remaining true to the craftsmanship that has defined Turnbull & Asser for over a century. His proven ability to modernise heritage houses while respecting their DNA makes him the perfect partner as we look to the future. That future continues to be shaped by the skill of our artisans in London and Gloucester and by our enduring belief in ‘Made in England’. We are confident that Roberto’s international experience and proven creative leadership will ensure the continued success and growth of our house,” said James Fayed, chairman of Turnbull & Asser, in a release.

The business, which counts King Charles among its customers, has not made a profit in the past nine years. Owned by Ali Fayed for almost 40 years, it is now managed by his son James. In its most recent financial year, Turnbull & Asser made a pre-tax loss of £1.37 million, as annual revenues edged lower to £9.3 million. The company boasts a famous flagship store in Mayfair, and e-tailing business, and distribution across US department stores.
 
Born in the US but raised in Italy, Menichetti first gained attention when designing the menswear collection in an austere, minimalist style for Jil Sander. While with the German company, he was also credited with developing the first co-branding between high fashion and sportswear in a linkup with Puma.
 
The Menichetti family are highly experienced apparel manufacturers based in Gubbio, Tuscany, and have produced collections for such brands as Prada, Dolce & Gabbana, Versace, and Marzotto. 
 
Menichetti joined Burberry in 1998 blending English heritage, Winsor elegance, and rugged functionality with considerable success. He also launched Prorsum, Burberry’s ready-to-wear line, helping to double annual sales over his five-year tenure to £675 million. In 2000, Anna Wintour presented Menichetti with the honour of Designer of The Year from The Fashion Group International. 
 
Menichetti was also creative director of Celine for two seasons, slotting in between the Michael Kors and Phoebe Philo eras at the key French marque within LVMH Group. Subsequently, he held consultative design roles for brands such as Cerruti, Brema, and Chinese label JH 1912.
 
“Turnbull & Asser represents more than a brand; it is a living expression of British style and elegance, carefully built over generations. It is remarkable that the house has preserved its identity so faithfully and is untouched by passing trends, carrying it forward to the present day with care and dedication under James and his family. To be entrusted with its creative future is both an honour and a responsibility. My philosophy has always been to seek the essence of form- clarity, proportion and timelessness- rather than the noise of passing trends,” said Menichetti, who in recent years has divided his time between his art studio in Los Angeles, raising his son in California, and his atelier in Gubbio.
 

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