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New York Fashion Week opens this week amid fragmented luxury backdrop

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Reuters

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September 8, 2025

Established apparel brands including Coach, Michael Kors, and Calvin Klein will hit the runway alongside emerging labels at the New York Fashion Week (NYFW), which kicks off on September 11. 

Michael Kors – Fall-Winter2025 – 2026 – Womenswear – Etats-Unis – New York – ©Launchmetrics/spotlight

Yet, the event’s unity is being tested as some of its most influential designers are opting to stage their shows outside the official calendar.
Marc Jacobs, owned by French luxury conglomerate LVMH, presented his Fall 2025 collection back in July at the New York Public Library, while Ralph Lauren will host a private showing at his studio on September 10, ahead of the official start.

Their absence from the core schedule has sparked renewed concerns about the relevance and reach of New York’s biggest fashion event.
“When big anchor designers like that leave, it inevitably means fewer people from out of town are going to make the trip,” Nicole Phelps, global director of Vogue Runway and Vogue Business, said in an interview.

The New York event’s fragmented structure has prompted calls for reform, with critics arguing NYFW lacks the cohesion and prestige of its European counterparts.

In response, fashion platform KFN, created to reform the NYFW, is spearheading a revitalization effort in partnership with the Council of Fashion Designers of America (CFDA).

The initiative aims to expand NYFW’s physical and digital footprint and create more accessible avenues for designers to showcase their work.

One of the most ambitious proposals slated for this season includes a network of 10 venues set within a 15-minute perimeter of each other, offered free of charge for designers. In recent years, NYFW shows have been scattered around the city since the elimination of a central hub for shows.

“You might have bigger venues for big shows, smaller spaces for appointments or presentations, and even shared spaces where designers could pool resources,” said Phelps. Staging a single runway show can cost up to a million dollars.

One of the biggest changes could be streamlining NYFW into just one season in September, instead of having another one in February, though that has not yet been confirmed by the CFDA, the organizer of the official NYFW schedule.

“I definitely know that some people are agitating for one New York Fashion Week a year and for one New York Fashion Week to be in September. It’s glorious out here. It’s a great time to be here in the city,” said Phelps, although adding that big labels like Tory Burch and Michael Kors were unlikely to support such a move.

The broader luxury industry is meanwhile grappling with consumers pulling back on discretionary spending, with a wave of executive and creative director changes across major fashion houses adding to the sense of instability.

New York Fashion Week will run through September 16, with over 60 brands debuting new collections.

© Thomson Reuters 2025 All rights reserved.



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Cosmetics giant Unilever finalises business demerger

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AFP

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December 5, 2025

The demerger of Unilever‘s ice cream division, to be named ‘The Magnum Ice Cream Company,’ which had been delayed in recent months by the US government shutdown, will finally go ahead on Saturday, the British group announced.

Reuters

Unilever said in a statement on Friday that the admission of the new entity’s shares to listing and trading in Amsterdam, London, and New York, as well as the commencement of trading… is expected to take place on Monday, December 8.

The longest federal government shutdown in US history, from October 1 to November 12, fully or partially affected many parts of the federal government, including the securities regulator, after weeks without an agreement between Donald Trump‘s Republicans and the Democratic opposition.

Unilever, which had previously aimed to complete the demerger by mid-November, warned in October that the US securities regulator (SEC) was “not in a position to declare effective” the registration of the new company’s shares. However, the group said it was “determined to implement in 2025” the separation of a division that also includes the Ben & Jerry’s and Cornetto brands, and which will have its primary listing in Amsterdam.

“The registration statement” for the shares in the US “became effective on Thursday, December 4,” Unilever said in its statement. Known for Dove soaps, Axe deodorants and Knorr soups, the group reported a slight decline in third-quarter sales at the end of October, but beat market expectations.

Under pressure from investors, including the activist fund Trian of US billionaire Nelson Peltz, to improve performance, the group last year unveiled a strategic plan to focus on 30 power brands. It then announced the demerger of its ice cream division and, to boost margins, launched a cost-saving plan involving 7,500 job cuts, nearly 6% of the workforce. Unilever’s shares on the London Stock Exchange were steady on Friday shortly after the market opened, at 4,429 pence.
 

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Burberry elevates two SVPs to supply chain and customer exec roles

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December 5, 2025

Burberry has named a new chief operating and supply chain officer as well as a new chief customer officer. They’re both key roles at the recovering luxury giant and both are being promoted from within.

Burberry – Spring-Summer2026 – Womenswear – Royaume-Uni – Londres – ©Launchmetrics/spotlight

Matteo Calonaci becomes chief operating and supply chain officer, moving from his role as senior vice-president of strategy and transformation at the firm. 

In his new role, he’ll be oversee supply chain and planning, strategy and transformation, and data and analytics. He succeeds Klaus Bierbrauer, who’s currently Burberry supply chain and industrial officer. Bierbrauer will be leaving the company following its winter show and a transition period.

Matteo Calonaci - Burberry
Matteo Calonaci – Burberry

Meanwhile, Johnattan Leon steps up as chief customer officer. He’s currently currently Burberry’s senior vice-president of commercial and chief of staff. In his new role he’ll be leading Burberry’s customer, client engagement, customer service and retail excellence teams, while also overseeing its digital, outlet and commercial operations.

Both Calonaci and Leon will join the executive committee, reporting to Company CEO Joshua Schulman.

JohnattanLeon - Burberry
JohnattanLeon – Burberry

Schulman said of the two execs that the appointments “reflect the exceptional talent and leadership we have at Burberry. Both Matteo and Johnattan have been instrumental in strengthening our focus on executional excellence and elevating our customer experience. Their deep understanding of our business, our people, and our customers gives me full confidence that their leadership will help drive [our strategy] Burberry Forward”.

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Puneet Gupta steps into fine jewellery

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December 5, 2025

Traditional and occasion wear designer Puneet Gupta has stepped into the world of fine jewellery with the launch of ‘Deco Luméaura,’ a collection designed to blend heritage and contemporary aesthetics while taking inspiration from the dramatic landscapes of Ladakh.

Hints of Ladakh’s heritage can be seen in this sculptural evening bag – Puneet Gupta

 
“For me, Deco Luméaura is an exploration of transformation- of material, of story, of self,” said Puneet Gupta in a press release. “True luxury isn’t perfect; it is intentional. Every piece is crafted to be lived with and passed on.”

The jewellery collection features cocktail rings, bangles, chokers, necklaces, and statement evening bags made in recycled brass and finished with 24 carat gold. The stones used have been kept natural to highlight their imperfect and unique forms and each piece in the collection has been hammered, polished, and engraved by hand.

An eclectic mix of jewels from the collection
An eclectic mix of jewels from the collection – Puneet Gupta

 
Designed to function as wearable art pieces, the colourful jewellery echoes the geometry of Art Deco while incorporating distinctly South Asian imagery such as camels, butterflies, and tassels. Gupta divides his time between his stores in Hyderabad and Delhi and aims to bring Indian artistry to a global audience while crafting a dialogue between designer and artisan.

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