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"Gucci is the opportunity to fall in love with fashion, ancora," De Sarno said in a post on Instagram in the run-up to the show, using the Italian word for "again." Debut collections can generate mixed reactions, and even positive press reviews are not always a proxy for their future commercial success. Kering shares closed 1.5% higher after the show. At their current price, Kering shares are trading at the equivalent of around 14 times expected earnings over the next 12 months, according to LSEG data. Reporting by Mimosa Spencer and Elisa Anzolin, editing by Silvia AloisiOur Standards: The Thomson Reuters Trust Principles.
Persons: Sabato De Sarno, Kering, De Sabato, Kenneth Richard, Federico Giglio, Giglio.com, Gucci, De Sarno, De, Antoine Belge, Francois, Henri Pinault, Julia Roberts, Ryan Gosling, Louis, Dior, Alessandro Michele, Marco Bizzarri, Jean, Hermes, Mimosa Spencer, Elisa Anzolin, Silvia Aloisi Organizations: luxe, Reuters, Exane BNP, fashion's, Louis Vuitton, Moncler, Thomson Locations: Milan, Italy, New York, Chengdu, Bangkok, London, Brera
PARIS (Reuters) - French fashion house Balmain has lost dozens of pieces due to be unveiled at a Paris show later this month after a lorry carrying the clothing was hijacked, its creative director Olivier Rousteing said. Rousteing said in an Instagram post that thieves seized the vehicle carrying some 50 items from Balmain's new collection between a Paris airport and the label's headquarters in the French capital. Balmain is due to present its 2024 spring-summer collection on Sept. 27 during the Paris fashion week, which features high end labels including Louis Vuitton, Dior, Chanel and Hermes. A spokesperson for Balmain confirmed that the Paris show would go ahead, declining to comment about the robbery pending an investigation. Balmain is controlled by Mayhoola, an investment vehicle backed by Qatar's royal family.
Persons: Olivier Rousteing, Rousteing, Louis Vuitton, Chanel, Hermes, Gus Trompiz, Mimosa Spencer, Tomasz Janowski Organizations: PARIS, Balmain, Dior Locations: Paris, Balmain
Models present creations by designer Olivier Rousteing as part of his Spring-Summer 2023 ready-to-wear collection show for fashion house Balmain during Paris Fashion Week in Paris, France, September 28, 2022. Balmain is due to present its 2024 spring-summer collection on Sept. 27 during the Paris fashion week, which features high end labels including Louis Vuitton, Dior, Chanel and Hermes. A spokesperson for Balmain confirmed that the Paris show would go ahead, declining to comment about the robbery pending an investigation. Balmain is controlled by Mayhoola, an investment vehicle backed by Qatar's royal family. Reporting by Gus Trompiz and Mimosa Spencer Editing by Tomasz JanowskiOur Standards: The Thomson Reuters Trust Principles.
Persons: Olivier Rousteing, Johanna Geron, Rousteing, Louis Vuitton, Chanel, Hermes, Gus Trompiz, Mimosa, Tomasz Janowski Organizations: Balmain, Paris, REUTERS, Rights, Dior, Thomson Locations: Paris, France, Balmain
See below for some of the red carpet’s best looks so far. Johnny Nunez/Getty ImagesTinashe Gilbert Flores/Variety/Getty ImagesChloe Bailey Andrew Kelly/ReutersMåneskin mastered ensemble dressing in a selection of complementary outfits by Rick Owens. Jamie McCarthy/WireImage/Getty ImagesOlivia Rodrigo brought the sparkle in a low-cut bejeweled Ludovic de Saint Sernin silver gown made of 150,000 Swarovski crystals. Gilbert Flores/Variety/Getty ImagesColton Haynes Dimitrios Kambouris/Getty ImagesKarol G embraced the see-through trend in a sparkling sheer beige dress by French label Ashi Studio. Dia Dipasupil/FilmMagic/Getty ImagesOffset Evan Agostini/Invision/APDemi Lovato Jamie McCarthy/WireImage/Getty Images
Persons: , Mariah Carey’s risqué, Jared Leto, Emily Ratajkowski, Cardi, Dilara, Dipasupil, Selena Gomez Doug Peters, Shakira Noam Galai, Tiffany Haddish Gilbert Flores, Jared Leto Andrew Kelly, Doechii Jason Kempin, Billy Porter Kevin Mazur, Evan Agostini, Gilbert Flores, Anitta, Noam Galai, Bebe Rexha Angela Weiss, Stephen Sanchez, tote, Johnny Nunez, Tinashe Gilbert Flores, Chloe Bailey Andrew Kelly, Måneskin, Rick Owens, Angela Weiss, Ballerini, Jamie McCarthy, Olivia Rodrigo, Ludovic de Saint, Roger Vivier, Christopher Polk, Anthony Harvey, Megan Thee, Brandon Blackwood, Jacob &, Colton Haynes Dimitrios Kambouris, Karol G, Dia Dipasupil, Demi Lovato Jamie McCarthy Organizations: CNN, Prudential Center, Variety, Schiaparelli's, Couture, Getty, New York, Jewelry, Ashi, Dia Locations: Newark , New Jersey, Turkish, British, New
UBS has named a raft of European small and midcap stocks it says are staging a "comeback in the making" this year. Smaller European stocks returned 0.5% in July and August, outperforming the 1.7% contraction logged by large caps in the same period, the Swiss investment bank noted. On average, stocks on UBS' list of small and mid-cap stocks were up 6.6% year-to-date, beating the MSCI European Smallcap Index by 1.2 percentage points, according to the bank. Stock picks Italian cement and ready-mix company Buzzi is among UBS' top picks, given its year-to-date performance of 53.4%. New on the radar UBS' list has also undergone a refresh to include three new stocks: Galenica , SIG Group and Talgo.
Persons: Knorr, Hugo Boss, Galenica Organizations: UBS, Stock, Bremse, SIG Group, Swiss pharma, SIG Locations: Swiss
Specifically, she outlined puzzlement at why the inflation-adjusted risk-free rates priced by markets - real Overnight Index Swap yields from one to 10 years - had subsided again since the last ECB rate hike in July - back to where they were in February when ECB policy rates were just 2.5%. Long-term real yields from benchmark German government bond markets are positive again this year for the first time in almost a decade. But they have fallen almost 20bp from just before the last ECB rate hike to just above 0.1% now. Minutes released today from the last ECB meeting suggest the council is still undecided about its next step this month, but many market analysts see the tension building. ECB chart from Isabel Schnabel speech on rising market inflation premiaReuters GraphicsReuters GraphicsThe opinions expressed here are those of the author, a columnist for Reuters.
Persons: Isabel Schnabel, It's, Carsten Brzeski, Josie Kao Organizations: Central Bank, disinflation, ECB, Reuters Graphics Reuters, ING, Reuters, Thomson Locations: Frankfurt, U.S
... Read moreAug 14 (Reuters) - Sony Music Entertainment (6758.T) has dropped a lawsuit against Triller over allegations the short-form video platform used the label's music without permission, according to a filing in Manhattan federal court. Sony Music and Triller told the court on Friday they would end the copyright case with prejudice, which means it cannot be refiled. Sony Music sued Los Angeles-based Triller last year. A Triller spokesperson said at the time that it had removed Sony Music's catalog from the platform, and the complaint "grossly mischaracterizes" their relationship. Triller later denied Sony Music's allegations in court.
Persons: Read, Triller, Britney Spears, Harry Styles, Janis Joplin, Blake Brittain, Chris Reese Organizations: Sony, Sony Music Entertainment, Sony Music, Los, Thomson Locations: Tokyo, Manhattan, Los Angeles, Washington
CNN —She may be a Barbie girl in a Barbie world, but the boundaries between Barbieland and real life are blurring as Margot Robbie undertakes her whirlwind international press tour for the Greta Gerwig-directed movie, out later this month. Han Myung-Gu/WireImage/Getty ImagesIn Sydney, Robbie wore a shimmering Versace mini dress. Richard Milnes/ShutterstockRyan Gosling and Robbie at a press event in Los Angeles, where Robbie wore Valentino. Jon Kopaloff/Getty ImagesRobbie's polkadot Valentino dress was a nod to the 'Pink and Fabulous' Barbie doll from 2015. Mattel; Jon Kopaloff/Getty Images NorthRobbie in Versace at a "Barbie" fan event on July 1.
Persons: Margot Robbie, Greta Gerwig, Robbie, Andrew Mukamal, Mukamal, Herve Leger, ’ Barbie, Versace, Chung Sung, Zendaya, ” Jenna, , Jeremy Scott, Barbie, Han Myung, Richard Milnes, Shutterstock Ryan Gosling, Valentino, Jon Kopaloff, polkadot Valentino, James Gourley Organizations: CNN, Mattel, , Halle Bailey’s, Warner Bros . Pictures, Warner Bros . Locations: Seoul, Moschino, Sydney, Los Angeles
Shrewd business legend Warren Buffett has a whimsical side, buying companies whose products he personally enjoys like Dairy Queen and See's Candies. Berkshire inherited Squishmallows parent Jazwares through its acquisition of Alleghany in the fourth quarter of 2022. Jazwares founder and president, Judd and Laura Zebersky, now report to and are in regular communication with Greg Abel, Berkshire's vice chairman for non-insurance operations and Buffett's successor. We're thrilled to be part of it," Laura Zebersky said in an interview. Often Buffett admires the business' management and expects it to continue to grow and remain profitable.
Persons: Warren Buffett, Squishmallows, Charlie Munger, Judd, Laura Zebersky, Greg Abel, Berkshire's, Buffett, Abel's, he's, Abel Organizations: Berkshire Hathaway, Berkshire Locations: Omaha , Nebraska, Omaha, Charlie Munger . Berkshire, Alleghany, South Florida
The executive, who was expected to make a visit this month, walked through the WF Central mall in Beijing, China on Tuesday, photos circulating on social media showed. The photos showed Arnault with his daughter, Dior CEO Delphine Arnault, and son Jean Arnault, who works for Louis Vuitton, as well as Dior's China president Monika Figlewicz. Other Beijing residents, posting on social media site Xiaohongshu, reported seeing Arnault at luxury department store SKP. LVMH, which owns labels ranging from Hennessy cognac to fashion houses Dior and Louis Vuitton, declined to comment. "The Chinese are very important clients," Louis Vuitton CEO Pietro Beccari told Reuters in an interview last week.
Persons: Bernard Arnault, LVMH Moet Hennessy Louis Vuitton, Gonzalo, Read, Dior, Delphine Arnault, Jean Arnault, Louis Vuitton, Monika Figlewicz, Hennessy, Pietro Beccari, Pharrell Williams, Casey Hall, Brenda Goh, Mimosa Spencer, Conor Humphries Organizations: Viva Technology, Porte de, REUTERS, WF, Reuters, Tiffany, Thomson Locations: Porte, Paris, France, SHANGHAI, PARIS, China, Beijing, China . China
[1/5] Models present creations by designer Kim Jones as part of his Menswear ready-to-wear Spring/Summer 2024 collection show for fashion house Dior Homme during Men's Fashion Week in Paris, France, June 23, 2023. REUTERS/Gonzalo FuentesPARIS, June 23 (Reuters) - Dior men's artistic director Kim Jones took to a sparse, futuristic setting at the Ecole Militaire in central Paris, kicking off his summer show with an army of models that rose up from a metallic catwalk. A whining blast of scratchy electronic sounds set the runway presentation in motion, and the catwalk lit up as floor panels rolled back. Models emerged slowly, filling the room in rows. Reporting by Mimosa Spencer; Editing by Sandra MalerOur Standards: The Thomson Reuters Trust Principles.
Persons: Kim Jones, Dior Homme, Gonzalo Fuentes PARIS, Dior, chunky loafers, Winnie Harlow, Demi Moore, Cha Eun, Gwendoline Christie, Delphine Arnault, Bernard Arnault, Pharrell Williams, Louis Vuitton, Jay, Helen Lasichanh, Williams, Mimosa Spencer, Sandra Maler Organizations: REUTERS, Ecole Militaire, Louis, Thomson Locations: Paris, France
Officine Generale loosens classic styles at Paris Fashion Week
  + stars: | 2023-06-23 | by ( ) www.reuters.com   time to read: +1 min
[1/5] Designer Pierre Maheo gestures next to models who present his creations for the fashion brand Officine Generale as part of its Menswear ready-to-wear Spring/Summer 2024 collection show during Men's Fashion Week in Paris, France, June 23, 2023. REUTERS/Gonzalo FuentesPARIS, June 23 (Reuters) - French fashion label Officine Generale showed a breezy lineup of relaxed tailoring on the runway on Friday as part of Paris Fashion Week. "The goal was to really manage to work on looser, more supple shapes for suit jackets," the label's founder and designer, Pierre Maheo, said. The collection, which included looks for men and women, featured slouchy trousers and dressy jackets, lightweight overcoats and cotton trousers with elastic waists. Paris Fashion week's menswear shows, which wind up on June 25, feature dozens of labels ranging from some of the biggest fashion names like LVMH-owned Louis Vuitton and Dior, as well as Hermes, to smaller, emerging brands.
Persons: Pierre Maheo, Gonzalo Fuentes PARIS, Louis, Mimosa Spencer, Sandra Maler Organizations: Generale, REUTERS, Monnaie, Left Bank, Paris, Louis Vuitton, Dior, Thomson Locations: Paris, France, United States, New York
Bed Bath & Beyond has reached a deal to sell its primary brand assets to Overstock for $21.5 million. The agreement covers trademarks, business data, and e-commerce sites, but not stores or inventory. The sale will make the former housewares giant the latest retail "zombie brand." A shuttered Bed Bath & Beyond store in suburban Detroit. The survival of Bed Bath & Beyond on paper and online will make it the latest retail "zombie brand" — a list that includes former industry titans like Radio Shack, Lord & Taylor, and Toys R Us, whose new owners aim to cash in on the label's established credibility with customers.
Persons: , Overstock.com, Leslie J, Allen, Taylor Organizations: Service, Bed, titans, Radio, New York Times, & $ Locations: New Jersey, Detroit
And in November 2001, the hotel heiress made a fashion statement that etched itself in the annals of noughties style. To top it off, she wore a tiara, applied a glossy pink lip and pink eyeshadow and clutched onto a furry Barbie-branded handbag. At just 20 years old, Paris Hilton — pictured here with Nicole Richie as the pair attended a Britney Spears concert in Las Vegas — was already being dubbed a culture-defining noughties "It Girl." In a playful mauve take on the label's classic tweed separates, Naomi Campbell walks the runway during Chanel's Spring-Summer 1994 show. Paris Hilton walks the runway during Versace's Spring-Summer 2023 show on September 23, 2022 in Milan.
Persons: CNN —, Paris Hilton, Greta Gerwig, Margot Robbie, July’s, Barbie, Hilton, bestie Nicole Richie —, Britney Spears, Nicole Richie, Las Vegas —, , , Paris, Oscar de la, Christian Dior, Ralph Lauren, Barbiecore, supermodels Naomi Campbell, Claudia Schiffer, Carla Bruni, Naomi Campbell, Michel Arnaud, Corbis, Thierry Mugler’s, Herve Leger, Cindy Crawford, Karen Mulder, Eva Herzigova, Moschinos’s, Mattel’s plaything, Vittorio Zunino Celotto, Barbie dreamhouse, Mary Jane heels, She’s Organizations: CNN, Paris, New, Hollywood Locations: , Las Vegas, Paris, New York, Los Angeles, tweed, Couture, Milan, Bahamas
Givenchy shows dressy tailoring for men at Paris Fashion Week
  + stars: | 2023-06-22 | by ( ) www.reuters.com   time to read: +1 min
[1/5] A model presents a creation by designer Matthew M. Williams as part of his Menswear ready-to-wear Spring/Summer 2024 collection show for fashion house Givenchy during Men's Fashion Week in Paris, France, June 22, 2023. REUTERS/Stephanie LecocqPARIS, June 22 (Reuters) - Givenchy creative director Matthew M. Williams took to the catwalk on Thursday with an elegant spring and summer lineup for men, paring down the layers and zeroing in on suits. Models strode through a column-lined hallway of the Musee de l’Armee in central Paris, overlooking the monument’s gilded dome. The show took place on the third day of Paris Fashion Week’s menswear shows, which kicked off with the celebrity-packed blockbuster debut from Pharrell Williams for Louis Vuitton, complete with a music performance from Jay-Z and Williams. Front row celebrities included Jared Leto, who turned up in a furry overcoat worn over a black suit--worn shirtless underneath.
Persons: Matthew M, Williams, Stephanie Lecocq PARIS, paring, strode, Pharrell Williams, Louis Vuitton, Dior, Hermes, Jared Leto, Mimosa Spencer, David Gregorio Our Organizations: Givenchy, REUTERS, l’Armee, Jay, Thomson Locations: Paris, France
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOur Chinese market could be as big as our U.S. one, says Tory Burch CEOCNBC's Christine Tan speaks with Tory Burch's CEO, Pierre-Yves Roussel, discussing the fashion label's plans in Asia and how the Tory Burch brand can be turned into a multibillion dollar business.
courtesy Richard Avedon/The Richard Avedon FoundationWhen Hillary Clinton, then a US Senator, arrived for a shoot with Avedon in 2003, she recalled him looking at her and saying, "I've seen this image before." courtesy Richard Avedon/The Richard Avedon FoundationFashion designer Miuccia Prada selected this image of Boyd Fortin, a teenaged rattlesnake skinner from Texas, taken in 1979. courtesy Richard Avedon/The Richard Avedon FoundationFashion designer Calvin Klein selected this infamous campaign image from his label's archives. courtesy Richard Avedon/The Richard Avedon FoundationFilmmaker Sofia Coppola chose this iconic 1958 photograph of model China Machado. courtesy Richard Avedon/The Richard Avedon Foundation“Avedon 100” is on view at Gagosian in New York through June 24.
NEW DELHI, May 7 (Reuters) - Indian wire and cable maker RR Kabel Ltd., backed by private equity firm TPG, filed for an initial public offering on Sunday, seeking to raise up to $27.53 million, according to its draft prospectus filed to India's market regulator and seen by Reuters. RR Kabel, India's fifth largest branded wires and cable manufacturer, plans to use funds raised through the IPO to repay or prepay borrowings, in part or in full, from banks and financial institutions, according to the prospectus. TPG Asia VII SF Pte Ltd, a U.S.-based private equity firm, holds a 20.99% stake in RR Kabel and will sell some of its stake in the IPO, the prospectus shows. RR Kabel's business is primarily business-to-consumer sales of wires and cables products. ($1 = 81.7200 Indian rupees)Reporting by M. Sriram and Shivangi Acharya; Editing by Susan FentonOur Standards: The Thomson Reuters Trust Principles.
To say that Warren Buffett's successor Greg Abel has big shoes to fill would be an understatement. The vice chairman for non-insurance operations at Berkshire Hathaway recently joined Buffett in Japan to visit the country's top trading houses. Skin in the gameAbel recently loaded up on Berkshire Hathaway shares with his personal assets. Berkshire acquired MidAmerican Energy in 1999, and Abel became CEO of MidAmerican Energy in 2008, six years before it was renamed Berkshire Hathaway Energy in 2014. How does dispute resolution work if there is a dispute," said a Berkshire shareholder, who spoke on the condition of anonymity.
Global Brand Ambassador Gal Gadot along with Anthony Ledru, President and Chief Executive officer of Tiffany & Co attend a ribbon cutting ceremony for reopening of the Tiffany flagship store on 5th Avenue in Manhattan in New York City, New York, U.S., April 26, 2023. REUTERS/Brendan McDermidNEW YORK, April 26 (Reuters) - Tiffany & Co. lifted the lid on its newly renovated New York city flagship on Wednesday, the centerpiece of a broad brand reset orchestrated by its owner, the world's biggest luxury group LVMH. Alexandre Arnault spearheaded the label's initial reset with an advertising campaign starring Beyonce -- wearing the famous yellow Tiffany diamond -- and Jay-Z. Now the priority will be on renovating the label's retail network, essential for Tiffany to bridge the gap with Cartier, the world's largest jewelry label, which belongs to Richemont(CFR.S), Ledru said. Tiffany sales came to 5.1 billion euros ($5.63 billion) in 2022 and are forecast to reach 7.4 billion in 2025, according to HSBC.
SpaceX's Starship launch kicked up soil and sand that rained down on a town 5 miles away. Port Isabel residents shared pictures of the "particulates" that rained down in the area. One representative from a nearby elementary school said cars were covered in the dust. Starship's explosion shortly after launch also caused a disturbance for Port Isabel residents. "The doors were shaking," the Derry Elementary School representative told Insider.
Just For You Cafe, the San Francisco joint that inspired "Bob's Burgers," has closed its doors. According to SFGate, the restaurant closed after rising inflation and mounting debt brought the establishment to its knees. In the mid-aughts, "Bob's Burgers" creator Loren Bouchard and writer Nora Smith wandered around San Francisco, searching for inspiration for the setting of their developing cartoon. In an interview with SFGate, Bouchard said he took photos all around San Francisco, but nothing quite matched Just For You. "I looked in the window and saw something big," he told SFGate last year.
Bottled water can have an expiration date, though it's legal in the US to sell expired water. Drinking expired water probably won't harm you, especially if the water was stored properly. So while an expired water bottle from the fridge may be safe to drink, the bottle you forgot in your hot car trunk or on a sunny shelf probably isn't. What to do with an expired water bottleIf you suspect your water is bad, boil it to kill off any potential pathogens. Oliver Rossi / Getty ImagesIf you're a frugal or environmentally-conscious person, you may wonder how to salvage your expired bottled water.
The company is using its editorial influence on TikTok, Resso, and CapCut to promote SoundOn songs. Would it eventually roll out a standalone music streaming service, as a May 2022 trademark filing from its parent company ByteDance suggested? The company is now offering editorial placements to some SoundOn artists across TikTok, ByteDance's music streaming app Resso, and its video-editing app CapCut. These placements, which include being featured in high-traffic playlists, offer SoundOn users a unique path to being discovered. TikTok's parent ByteDance previously sought to hire for a similar A&R role in Jakarta, Music Business Worldwide reported in May.
[1/2] A model presents a creation by designer Virginie Viard, as part of her Fall-Winter 2023/2024 Women's ready-to-wear collection show, for fashion house Chanel during Paris Fashion Week, in Paris, France March 7, 2023. The entire set was built around towering, white camellia sculptures that faced the audience, seated in steep risers ringing the space, a sprawling exhibition hall south of the Eiffel Tower. Most looks were black and white, paraded by models striding on shiny black platform boots, often with patterned white tights. For the finale, the massive camellia sculptures suddenly glowed red, and slowly shifted between red and a bright pink as models rounded the room. The catwalk presentation was held on the final day of Paris Fashion Week, which drew crowds of celebrities to the French capital, and featured big-name labels including Hermes, Valentino, LVMH-owned (LVMH.PA) Dior and Louis Vuitton, Kering-owned (PRTP.PA) labels Saint Laurent and Balenciaga.
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