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Swarovski illuminates Paris’ Champs Élysées, Dior brightens avenue Montaigne

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Swarovski illuminates Paris’ Champs Élysées, Dior brightens avenue Montaigne


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November 17, 2025

Swarovski set alight the Champs Élysées on Sunday as part of a recent series of illuminations on Paris’ shopping thoroughfares that included Dior brightening its flagship on the nearby Avenue Montaigne.

Swarovski’s festive illuminations have lit up one of Paris’ most famous streets – Swarovski

 
In partnership with the City of Paris and the Champs-Élysées Committee, the Illuminations opened on Sunday evening, November 16, and will run for six weeks until Sunday, January 4. French actress Léa Seydoux took on the role of godmother of the Illuminations, while French-Canadian singer and songwriter Charlotte Cardin, glimmering in Swarovski, delivered a performance under Paris’ starry night. Swarovski will exclusively sponsor the light installations, throughout the festive season. 
 
On Friday, French actress Camille Cottin joined Dior CEO Delphine Arnault in switching on a new illumination of the brand’s historic 30 Avenue Montaigne flagship.

Adding to the holiday mood, the house released a new film entitled Dior’s Enchanted World, which featured many looks from the final cruise collection Maria Grazia Chiuri designed for the brand, staged in Rome. Looks included golden, white, and ecru dresses, presented inside the historic Villa Albani Torlonia in the Eternal City. 
 
Customers keen to get their hands on the first creations by her successor Jonathan Anderson will have to wait until January 2 of next year.
 
In parallel, Dior also celebrated its end-of-year festivities and gourmand founder Monsieur Dior’s passion for the culinary arts. The brand launched its first Christmas log, which was created by Le Jardin, the top-notch restaurant led by master chef Yannick Alléno and housed within the boutique. The log features pleated petals in velvety white, subtly echoing a ‘Francis Poulenc’ haute couture dress, designed by Christian Dior in 1950. 
 
Dior called the log, “a sculptural creation of infinite poetry, showcasing the House’s exceptional savoir-faire and heritage.” It blends grand cru dark chocolate cream with hazelnut crunch, mandarin marmalade, gingerbread-flavoured mousse, and a light cocoa biscuit and is available from December 15, exclusively (and by reservation from December 1) at Le Jardin at 30 Montaigne.

Camille Cottin wearing Dior with Delphine Arnault at the brand'sAvenue Montaigne store on November 14
Camille Cottin wearing Dior with Delphine Arnault at the brand’sAvenue Montaigne store on November 14 – Dior

 
Swarovski has long been linked to the City of Light. Founder Daniel Swarovski showcased his visionary expertise at the Paris Exposition Universelle in 1900, going on supply many of the Parisian fashion houses, including Dior.
 
Swarovski has also linked with the City of Paris through its support for ANDAM, France’s most important independent fashion awards, while Swarovski Crystals lend radiance to looks by leading designers at Paris Fashion Week every season.
 
At the Rond-Point des Champs-Élysées fountains, Swarovski Crystal chains rotate to create a delicate choreography, while just outside Paris, at the Palace of Versailles, the house’s experts restored its opulent baroque chandeliers and installed LED candle lights to intensify their shine.
 
In honour of Swarovski’s 130th anniversary and coinciding with the Champs-Élysées Illuminations, a pop-up store will open at 1 Place Charles de Gaulle, inviting visitors to immerse themselves in a world of wonders. Located close to the legendary Arc de Triomphe, the space showcases Swarovski’s jewellery and home decor collections including the Vienna Collection by Giovanna Engelbert.
 
In a busy weekend, local merchants also switched on illuminations on the corner of rue Royale, the Faubourg Saint Honoré, historically the toniest retail district in Paris. 

The Christmas Tree unveiled inside Galeries Lafayette, Paris
The Christmas Tree unveiled inside Galeries Lafayette, Paris – Galeries Lafayette

The previous Wednesday, singer Clara Luciani led a chorus of singers and musicians singing Happy Christmas by John Lennon as the city’s biggest department store Galeries Lafayette unveiled its famed Xmas windows while inside the store showed off a giant “Christmas Tree” within the main atrium, decorated with huge red ribbons to much applause.
 
No wonder they still call Paris the City of Light.
 

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PPI for RMG manufacturing in Philippines up 0.7% YoY in Nov 2025

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PPI for RMG manufacturing in Philippines up 0.7% YoY in Nov 2025



The producer price index (PPI) in the Philippines for the manufacturing sector posted a slower year-on-year (YoY) increase of 0.1 per cent in November last year from a 0.5-per cent YoY rise in October.

In November 2024, it saw a YoY increase of 0.5 per cent.

The Philippine manufacturing producer price index (PPI) posted a slower YoY rise of 0.1 per cent in November 2025 from a 0.5-per cent YoY rise in October.
It also exhibited a slower month-on-month (MoM) rise of 0.2 per cent in the month from a 0.6-per cent rise in October.
The PPI for readymade garments manufacturing rose by 0.7 per cent YoY and decreased by less than 0.05 per cent MoM in November 2025.

The deceleration in November 2025 was primarily due to the 0.1-per cent YoY decline in the PPI for manufacture of transport equipment from a 1-per cent YoY increase in October 2025.

The manufacture of transport equipment contributed 25.8 per cent to the slower annual growth rate of PPI for manufacturing in the month.

The manufacturing PPI also exhibited a slower month-on-month (MoM) increase of 0.2 per cent in the month from a 0.6-per cent rise in October. It posted a 0.6-per cent MoM increase in November 2024.

The PPI for readymade garments manufacturing rose by 0.7 per cent YoY and decreased by less than 0.05 per cent MoM in November 2025, a release from the Philippines Statistics Authority (PSA) said.

The value of production index (VaPI) for the manufacturing section registered a YoY decrease of 1.4 per cent in November last year from a 1.5-per cent YoY increase in October. In November 2024, it recorded a YoY decline of 4.1 per cent.

Fibre2Fashion News Desk (DS)



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Drewry WCI jumps 16% on Transpacific & Asia-Europe rate hikes

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Drewry WCI jumps 16% on Transpacific & Asia-Europe rate hikes



The Drewry World Container Index (WCI) surged 16 per cent to $2,257 per 40-foot equivalent unit (FEU) for the week ending January 8, 2026, according to Drewry’s weekly WCI report.

The index recorded a sharp increase, mainly due to rate hikes on the Transpacific and Asia–Europe trade routes.

Drewry’s World Container Index jumped 16 per cent to $2,257 per FEU in the week ending January 8, 2026, driven by sharp rate hikes on Transpacific and Asia–Europe routes.
Spot rates rose strongly from Shanghai to Europe and the US amid higher FAK charges.
However, rising capacity and soft Asia–US volumes suggest the surge may be short-lived.

Spot rates on the Shanghai–Genoa route increased 13 per cent to $3,885 per 40-foot container, while those on Shanghai–Rotterdam rose 10 per cent to $2,840 per 40-foot container. This upward momentum was driven by higher Freight All Kinds (FAK) rates implemented by carriers.

Spot rates from Shanghai to Los Angeles surged 26 per cent to $3,132 per 40-foot container, while rates from Shanghai to New York climbed 20 per cent to $3,957 per 40-foot container.

Rates from New York to Rotterdam remained steady at $966 per FEU, while Rotterdam to New York increased 2 per cent to $1,685 per FEU. Freight rates on the Rotterdam–Shanghai route rose 3 per cent to $504, while Los Angeles–Shanghai rates increased 1 per cent to $721 per 40-foot container.

Container shipping capacity rose 7–10 per cent month on month on both Asia–North American routes and 5–7 per cent on Asia–North Europe/Mediterranean routes in January. However, anecdotal evidence points to soft volumes from Asia to the US, suggesting these sharp increases appear opportunistic and are unlikely to be sustained.

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Saks Global seeks to file for bankruptcy as soon as Sunday, Bloomberg News reports

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Saks Global seeks to file for bankruptcy as soon as Sunday, Bloomberg News reports


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Reuters

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January 9, 2026

Luxury retailer Saks Global is planning to file for Chapter 11 bankruptcy as soon as Sunday, Bloomberg News ⁠reported on Friday, citing people familiar with the matter.

Shoppers walk outside the Saks Fifth Avenue flagship store in Manhattan in New York City, U.S., January 6, 2026 – REUTERS/Angelina Katsanis

The ⁠owner of New York’s century-old Fifth Avenue flagship store is preparing ‍to ‌file for bankruptcy without a restructuring ⁠deal in ‌place, though it aims ‌to craft one in the coming weeks, according to the report.

The company is also in ‍advanced discussions on about $1.25 billion debtor-in-possession financing package with creditors, which ‌would ⁠allow ​it to keep its ⁠business ​running during bankruptcy and pay vendor dues, the report added.

Saks ​Global did not immediately respond to a Reuters ⁠request for comment.

© Thomson Reuters 2026 All rights reserved.



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