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Zac Posen on guiding GapStudio, rejoicing in denim

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October 13, 2025

This month saw the launch of the latest collection of GapStudio, the Gap behemoth’s most fashion-forward line designed by Zac Posen.
 
It’s the latest smart and subtle collection by the New Yorker for the San Francisco-based brand, where he was appointed executive vice president and creative director of Gap Inc. in February, 2024.

GapStudio Fall/Winter 2025 collection – Courtesy

A clever blend of ’90s minimalism, retro futurism and very little-pain-at-the-cash-register-cool clobber.
 
Highlights include some great body-con sculpted and seamed denim midi cocktails, while a vegan patent leather downtown dolly girl mini dress would have brought tears to the eyes of André Courrèges. Paired with matching crop jacket, on the right gal they will also be sure to break a lot of boys’ hearts. All priced very competitively: $198 for the denim dress; $148 for the vegan patent leather dress; and $228 for the crop jacket.

Cleverly judged poplin belted maxi dresses, and spruce shirt-dresses will flatter thousands of women, and retail for $178. Frayed and zippered bouclé denim jackets; sculpted maxi denim coat-dresses and perfectly draped 10-button camel hair great coats all looked excellent.
 
While men’s looks included some great gents’ shirts, two-button denim blazers and midnight blue cord trousers.

GapStudio Fall/Winter 2025 collection
GapStudio Fall/Winter 2025 collection – Courtesy

One could also easily see the whole wardrobe on the icons on Zac’s wide-ranging mood-board: Jacqueline Onassis, Françoise Hardy, Yoko One, or Robert Pattinson, Zendaya or Timothée Chalamet.
 
The collection mark the latest fashion statement by Posen, who exploded onto the New York scene with a debut collection in New York in 2001, aged just 21. His blend of lower Manhattan artist-meets-theatrical costumes giving him a truly unique aesthetic. Going on to dress a slew of fashion stars: Naomi Campbell, Paz de la Huerta, Uma Thurman, Rihanna, Cameron Diaz, Amanda Seyfried and Beyoncé Knowles.
 
Even from his early days, Zac has tag-teamed with massive labels : creating Zac Posen for Target in 2008; dressing Delta Air Lines; and creatively directing Brooks Brothers in the last decade.

GapStudio Fall/Winter 2025 collection
GapStudio Fall/Winter 2025 collection – Courtesy

His own brand was shuttered just as Covid hit, and never re-emerged despite the global recovery from the pandemic. However, Posen has bounced back at Gap, where his purview also includes another group division, Old Navy. A busy man, who these days commutes regularly coast to coast from the Bay Area to the Upper East Side.
 
The largest specialty retailer in the United States – whose group also encompasses Banana Republic and Athleta – Gap posted annual revenues of $15.1 billion in 2024.
 
So, FashionNetwork.com caught up with Zac to check out his New York atelier, and enjoy a preview of his latest ideas in GapStudio’s HQ in Tribeca.

Fashion Network: When I look back on your career doing solo shows in Bryant Park at the beginning of the century denim was not so important. But I see a lot here.  What have you learned about denim at Gap? 

Zac Posen: Denim was not my main thing but if you go back there was actually a lot of denim on my runways. If I go back to like 2004 to 2006 and even my early pieces were this kind of play. It wasn’t gowns. It was definitely this kind of play, with fracks, and definitely a punk element often in canvas.
 

GapStudio Fall/Winter 2025 collection
GapStudio Fall/Winter 2025 collection – Courtesy

But besides that, talking about denim, well, what an amazing thing to be able to  work with cotton and indigo, right? The science of it, the myriads of techniques and abilities. I spent a lot of time in wash houses, which is really where denim happens. What I’ve learnt with denim? A lot, obviously. Blue is an incredible color that has depth and hues. Wash houses themselves and what the public should know about jeans is actually how deeply artisanal a pair of jeans are. And what goes into making them is an incredible thing to see. Sometimes in California, in wash houses where we do some of our development  across our brands, the amount of the handwork that goes into it is wild!
 
FN: How important is craftwork to this project?  I notice you have beautiful lining in coats…
ZP: I love and deeply appreciate craft and luxury and quality. But this should be about me taking the skills set that I built over a very long time. And there are many more to go, as every day that I learn. But to be open to that, but to be able to apply that with our capabilities here is a real is a privilege. And to be able to provide that to a larger customer base or even introduce them to that, or a French cuff, is really cool!  I don’t know, that’s once in a lifetime.

Price point is important. Style should be accessible. And to be able to have that range. I mean down the hallway there is a pretty artisanal studio of craftspeople that I’ve learned from, or worked with together, for some of them I’ve worked with since I was 21. And I am 44, with a little bit of a break there. 
 

GapStudio Fall/Winter 2025 collection
GapStudio Fall/Winter 2025 collection – Courtesy

FN: A team you assembled and brought in? 
ZP: Absolutely and some people from Gap came into that as well, so that we can create a studio that not only can design and build this collection but also work on one of the kind pieces that we can bring quickly to production. And also, on one-of-a-kind pieces that become brand culture moments. 
 
FN: Providing quality seems a key element to you?
ZP: Absolutely. Like this men’s shirt, which has a beautiful placket, French cuffs and its retail price is $88. I feel really great about being able to provide that to customers and people who want something that is a really high quality. 
 
FN: Are you wearing in Gap Studio yourself today?   
ZP: Actually, I’m wearing a canceled style today! But I do a lot. But building lines and brands at this level takes a great deal of collaboration. What I think is a good thing, for me in this learning experience of Gap, is that Gap was built and really part of what we think of as our large existing merchandising model.

So, in my role, when I am working here, I believe that part of us getting to the future is having our creative team and designers at the table. So, it’s not in service to building a line and merchandising. It’s really about having that dialogue, right? So that’s the dialogue I choose. An example right at this moment, I don’t know if it is interesting, but to choose a raglan tee-shirt, instead of a short sleeve, that’s a choice. You have to understand because to get the price point you have this investment and that takes holding hands. 

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Altagamma announces winners of 2025 Young Businesses awards

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Nicola Mira

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December 16, 2025

Francesco Murano, My Style Bags and Acbc were among the winners of the ninth edition of the Young Businesses awards by Italian luxury industry association Altagamma. 

The 2025 edition’s winners

Two emerging labels were recognised in the Fashion category. The first was Francesco Murano, founded in 2020 by the eponymous designer, an award winner with CNMI, Altaroma and LVMH. Francesco Murano has been a regular at Milan Fashion Week since February. The second was My Style Bags, a brand founded in 2008 in Milan by Giuseppe Bellora, Lorenza Bellora and Stefano Donadel Campbell, specialised in travel bags and accessories made with fine fabrics.

The award for the Innovation category went to green solutions specialist Acbc, founded in 2017 and now a partner of over 150 international names, including Corneliani, Gucci Watch, Kering Eyewear, Max Mara, Missoni and Versace. Acbc helps them develop green strategies and design sustainable products and environmentally friendly collections.

The other prize-winners were Slalom for object design, Pola Grande Gioielli for jewellery, Portrait Milano for the hotel business, Lávika for wellness and beauty, Ice Yachts for the nautical design and automotive category, and Molino Pasini for food.

The awards, introduced by Altagamma in 2015 in collaboration with Borsa Italiana, Elite-Gruppo Euronext and SDA Bocconi, recognise emerging brands within Italy’s luxury sectors. The winning companies join Altagamma for a year, and will be able to take part in exclusive training and networking sessions, focusing on business strategy and consultancy. 

“In the last nine years, Altagamma has created and pursued with dedication this project set up with Franca Sozzani, aimed at spotlighting the stars of the future, the emerging companies that will be the new protagonists of Italian luxury,” said Stefania Lazzaroni, managing director of Altagamma. “These brands have all it takes to become paradigms of Italian excellence in seven different sectors. Since 2015, 64 companies have been recognised by the awards. Many have become established, some have joined Altagamma, and they have all been part of our community for some time,” concluded Lazzaroni.

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Boots expands on-demand Christmas delivery to 500 stores across the UK

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December 16, 2025

​In the run-up to Christmas Boots is stepping up its gift-delivered-direct-to-the-door offer with delivery partners Uber Eats, Deliveroo and Just Eat, offering a within-30-minutes target.

Boots

The upgrade follows a surge of on-demand orders from “thousands of customers” on Christmas Eve last year. And it pointed to research that shows 56% leave some of their Christmas shopping to the very last day, so “the retailer is primed for another busy Christmas Eve”.

The health & beauty giant’s on-demand deliveries are now available from 500 stores across the UK, and in selected locations across the country, very-last-minute customers can order up until midnight on Christmas Eve “and will still receive their shopping in time for the big day”.  

Boots said last-minute shoppers can choose from over 10,000 products with over 1,600 Christmas gifts available. Customers can also order up until Monday 22 December for Click & Collect in-store, and 23 December for next-day home delivery.

Paula Bobbett, chief Data and Digital officer at Boots, said: “We want to make it even easier for our customers who find themselves shopping right up to the last moment. Boots on-demand can help change that final dash into an easy delivery. We’re here to make shopping feel joyful, not stressful, helping shoppers find thoughtful gifts quickly and easily, even if they’ve missed online order cut-offs or store opening hours.” 

 

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Just Over The Top (JOTT) sees shareholders inject nearly €100 million in 2025 in a bid to save the brand

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December 16, 2025

Turnaround specialist Thierry Miremont- who took over as CEO of Just Over The Top (JOTT) this summer– has embarked on an emergency rescue mission. FashionNetwork.com has learned that the brand’s shareholders dug deep in the first half of 2025 in a bid to revive the company.

The brand, which specialises in down jackets, will need to generate significant operating profits over the next two years. – Just over the top

Indeed, L Catterton Europe, which acquired a majority stake in the Marseille-based down jacket brand via a leveraged buyout (LBO) in early 2021, and the other shareholders have approved a 99-million-euro injection to recapitalise the company. This unprecedented decision underscores the severity of the difficulties faced by the business, which nevertheless continued to open boutiques in France in 2024.

The brand, founded in 2010 by Mathieu and Nicolas Gourdikian, who retain a minority stake, has faced a succession of crises that now threaten its very existence. The challenge is no longer simply to finance growth, but to ensure operational survival.

According to documents reviewed by FashionNetwork.com, JOTT’s commercial engine has stalled, leaving the brand with large volumes of stock to clear, eroding its brand image despite significant work on its stylistic proposition. For several seasons, substantial volumes of its down jackets have been offered at knock-down prices, and even sold off on markets.

After a sharp decline in activity at its logistics and distribution company JOTT Opérations in 2023, revenue collapsed again last year by more than 28% to 54.7 million euros. The company attributes this dramatic fall directly to the bankruptcy of its logistics provider at the beginning of 2024- an event that necessitated the urgent relocation of stock and a complex recovery of operations.

The cost of this logistical setback contributed to a deficit of 30 million euros at JOTT Opérations and an operating loss of more than 4 million euros for JOTT France, the company’s own distribution entity. The activities of entities in other markets are also suffering, implying that it remains to be proven that the brand concept can be exported profitably.

Faced with these accumulated losses, the operational companies’ equity turned negative, weakening the company’s structure just as significant instalments were falling due. In 2024, shareholder support helped address this situation, with 18 million euros injected in two tranches. However, this appears to have merely contained the damage, without preventing the massive depreciation of the group’s assets.

Thus, in 2025, the rescue plan faced an impossible equation: operating losses had made the enormous debt contracted at the time of the LBO unsustainable. Specifically, this debt- concentrated in a holding company called Jaguar Bidco- amounts to nearly 156 million euros. Negotiations with creditors, in particular Idinvest Partners and Eurazeo, were, understandably, extremely tight. The shareholder recapitalisation, approved last April, is clearly a vital step forward for the future of JOTT.

A tight agreement with creditors

This 99 million euro injection is not merely about plugging an accounting gap; it is an essential condition demanded by the company’s bondholders to give the business breathing space. In exchange for this major financial effort, creditors have agreed to pause certain financial obligations through a mechanism known as a waiver. However, this breathing space is not a blank cheque. In return for their patience, the creditors attached particularly strict covenants to the agreement. These contractual commitments oblige the company’s management to meet performance ratios quarter after quarter. For the brand, this means advancing under close scrutiny: any failure to meet the trajectory could break the waiver agreement and give creditors the right to demand immediate repayment of their claims, or even to take control of the equity.

If management keeps its commitments, this translates into crucial relief for cash flow: the suspension of interest payments on the debt until the end of 2027, turning immediate cash pressure into future debt. This should enable JOTT to concentrate its resources on the only thing that matters now: selling products.

This reprieve, coupled with agreements with banking partners, gives management, now led by Thierry Miremont, a two-year window to reinvent JOTT’s business model. According to the available information, the strategic plan includes an in-depth transformation of retail.

This transformation involves a painful but necessary rationalisation: the company has already begun closing shops deemed unprofitable, notably in Paris and Bordeaux and across various European markets. At the same time, JOTT is betting on technological modernisation to regain efficiency, accelerating the roll-out of performance initiatives such as an automatic replenishment tool, according to the company’s management. As the brand seeks to increase its share of full-price products, investment appears key: it must ensure that stock- already subject to significant write-downs- is managed as tightly as possible to reduce product obsolescence and maximise margins. One piece of good news? Despite the difficulties, the tax audits carried out in 2024 on Jaguar Topco, the ultimate parent company, and JOTT France concluded without any reassessments in 2025.

The challenge, however, is considerable. The company will have to return rapidly to profitability- probably requiring an annual improvement of several tens of millions of euros- in order to make up the deficit. It will also have to prove to its partners the group’s future viability. Without this operational performance, the brand will not be able to cope with the resumption of debt repayments in 2028.

Management did not wish to answer our questions about the company’s situation. Nevertheless, its teams are hard at work optimising store performance (with a network that has already shrunk to 140 points of sale), strengthening the desirability of the collections and attracting new retailers, notably by preparing to exhibit at the Pitti Uomo trade fair in Florence and Who’s Next in Paris. But despite this operational proactivity, the challenge remains major: to turn the brand around by making it more agile and efficient within a compressed timeframe and against an unfavourable backdrop in both the French and international markets.

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