Fashion
Milan: An invitation to journey with Calcaterra, J. Salinas and Pierre-Louis Mascia
Published
September 28, 2025
After the rain that spoiled part of fashion week, the final day of Milan’s in-person catwalk shows drew to a close in style beneath an azure sky on Sunday. Before the much-anticipated Giorgio Armani show that rounded off the day, several collections stood out for their creative richness, each designer immersing onlookers in a distinct world, from Calcaterra’s Berber-accented fashion to the virtuoso knitwear crafted by Peruvian artisans for J.Salinas, via the cinematic and 18th-century inspirations of Pierre-Louis Mascia.
Yves Montand’s warm voice humming “Les Feuilles Mortes” opened Pierre-Louis Mascia’s enchanting show; he is unrivalled in conjuring a poetic atmosphere steeped in nostalgia. For his new collection, the Toulouse-born designer drew inspiration from his favourite film, Marcel Carné’s “Les Enfants du Paradis”.
“The setting is a theatre, and the theme revolves around impossible love affairs. This black-and-white film, shot during the war, sets the tone for the collection with faded, dusty, sun-bleached hues, into which colour gradually seeps,” he explained.
Another source of inspiration is the 18th-century fabrics and silk jacquards of court dresses held in the archives of the Musée Galliera, to which Mascia gained access as part of a partnership between the label and the Paris institution, to be announced next March.
These two strands culminated in a refined, supremely elegant collection, with silk taking the lead in shimmering, fluid pieces. The light, comfortable garments featured very few fastenings and eschewed superfluous details. Front and centre were Mascia’s drawings and illustrations, including twenty-one new original prints in which diverse themes collide in finely calibrated balance.
Landscapes in India ink, foliage, toile de Jouy, animal prints, tapestry effects, abstract or geometric motifs, and paisley all come together harmoniously in precious silhouettes. A little silk robe-style coat slipped, revealing a shoulder. Blouses matched skirts in the same tones, while their prints evoked imaginary, melancholy tales.
Blouses and slip dresses were cut from finely fringed shawls. Delicate tunics fell to the knee over trousers tied at the ankle, at times recalling saris. Lightweight overcoats whirled above shirts and skirts fashioned from silky fabrics. Backed by his partner, the Como silk printer Achille Pinto, Mascia also offered this season a breathtaking series of silk pieces that perfectly simulate denim. Since he began showing, his visibility has grown. For 2025, revenue is expected to rise by 15%.
For Spring/Summer 2026, Daniele Calcaterra conceived a journey through time and cultures, leaping between the twenties, forties and nineties, with a detour via the Sahara. The collection oscillated between austere, masculine rigour and sensuous, free-flowing femininity.
On one side, there were trench coats, overcoats and, above all, suits with wide-lapel jackets, oversized men’s waistcoats and generously cut trousers with rounded lines, whose volume imbued women with power. This comfortable, practical wardrobe was conceived for everyday life, featuring, among other pieces, two-tone jeans, the classic striped shirt elongated into a tunic at the back, a slit pencil skirt and a chic suit with a swirling skirt.
On the other, the wardrobe turned more lustrous and fluid, with long fringed silk dresses that caressed the body, cloud-like tops punctuated with ostrich feathers or formed from series of fine fringes in differing lengths, and sheer organza looks. Scarves were worked into outfits to lend an airy touch, whether in skirts or T-shirts. They were sometimes draped over the shoulders like little capes, or tied around the neck.
Ethnic details ran throughout, such as Berber jewellery and belts edging the collars and cuffs of certain blouses.
For his second Milan show, J.Salinas enlisted the services of stylist Anna Dello Russo. Designer Jorge Luis Salinas, determined to win over the European market, pulled out all the stops, staging his show in an elegant, sun-drenched city-centre garden.
Ever focused on knitwear, the Peruvian couturier—who deploys countless knitting techniques to crochet sinuous mermaid dresses in a multitude of stitches—broadened his offer this season with more wearable pieces designed for a Western clientele. These include mini dresses, miniskirts, shorts, flared trousers, jackets and cropped tops with ruffled shoulders, tied at the back with long knitted ribbons.
The collection was presented in a pastel palette of dragée pink, sage green, sky blue and tangerine, spotlighting Peruvian craftsmanship. Each piece was knitted in Pima cotton by local craftswomen, then assembled to create openwork garments composed of a cascade of motifs (roses, flowers, raised polka dots, feathers, shells, and scales), layers of doilies and other lace which, arranged in garlands, traced curves and whorls around the body.
Salinas collaborates with communities of craftswomen across the country—around fifty knitters who enrich his work, each bringing her own ideas and skills. Seven of them were present in Milan on Sunday. They came to greet the public in their traditional dress to a round of applause.
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Fashion
Dillard’s sales gain 3% on women’s apparel, lingerie
Published
November 13, 2025
Dillard’s announced on Thursday a 3 percent uptick in net sales for the third quarter, with women’s apparel, accessories and lingerie logging strong sales growth on last year.
The Little Rock, Arkansas-based company said retail sales for the three months ending November 1 rose 3 percent, while sales in comparable stores for the same period also increased 3 percent.
By category, sales in ladies’ accessories and lingerie, juniors’ and children’s apparel and ladies’ apparel “increased significantly” during the quarter, while sales “increased moderately” in shoes, and “increased slightly” in home and furniture, men’s apparel and accessories and cosmetics, according to an earnings update from the American retailer.
Net income for the 13-week period inched forward to $129.8 million, or $8.31 per share, compared to $124.6 million, or $7.73 per share in the prior-year period.
Dillard’s also announced the upcoming closure of its store at The Shops at Willow Bend in Plano, Texas, which is expected to shutter in January.
The company currently operates 272 Dillard’s stores, including 28 clearance centers, spanning 30 states as well as its online store.
Copyright © 2025 FashionNetwork.com All rights reserved.
Fashion
US’ Steven Madden’s Q3 revenue climbs on DTC momentum, profit rises
The gross profit increased to $277.4 million, with the gross margin stable at 41.5 per cent. On an adjusted basis, gross margin expanded to 43.4 per cent from 41.6 per cent, reflecting underlying pricing power and mix, partly offsetting tariff pressures.
Steven Madden has reported revenue of $667.9 million in Q3 2025, up 6.9 per cent, driven by Kurt Geiger and strong direct-to-consumer growth, while wholesale declined.
Tariffs and higher costs cut operating margin to 4.7 per cent and net income to $20.5 million.
The company maintains dividends and backed by omni-channel momentum and mitigation efforts, forecasts 27–30 per cent Q4 revenue growth.
The operating expenses rose sharply, driven by integration, store and concession expansion and higher costs linked to strategic initiatives. Operating expenses grew to $246 million from $178.9 million, rising to 36.8 per cent of revenue from 28.6 per cent. Adjusted operating expenses were 36.4 per cent of revenue, compared with 27.9 per cent a year earlier, Steven Madden said in a press release.
The income from operations dropped to $31.4 million, or 4.7 per cent of revenue, from $74.6 million, or 11.9 per cent, in the third quarter of 2024. On an adjusted basis, operating income was $46.3 million, or 6.9 per cent of revenue, versus $85.4 million, or 13.7 per cent, a year ago.
The net income attributable to Steven Madden, Ltd fell to $20.5 million, or $0.29 per diluted share, compared with $55.3 million, or $0.77 per diluted share, in the prior-year quarter. Adjusted net income was $30.4 million, or $0.43 per diluted share, down from $64.8 million, or $0.91 per diluted share.
Channel-wise, wholesale revenue declined 10.7 per cent to $442.7 million. Excluding Kurt Geiger, wholesale revenue was down 19 per cent. Wholesale footwear revenue fell 10.9 per cent, or 16.7 per cent excluding Kurt Geiger, while wholesale accessories and apparel revenue declined 10.3 per cent, or 22.5 per cent excluding Kurt Geiger. Wholesale gross margin contracted to 32.7 per cent from 35.5 per cent, with adjusted wholesale gross margin at 33.6 per cent, reflecting tariff impacts.
Direct-to-consumer (DTC) revenue surged 76.6 per cent to $221.5 million. Excluding Kurt Geiger, direct-to-consumer revenue still edged up 1.5 per cent, signalling resilient consumer demand for core brands. DTC gross margin stood at 58.3 per cent, down from 64 per cent a year earlier; on an adjusted basis it was 61.9 per cent, pressured by tariffs and the addition of Kurt Geiger’s concessions business.
At quarter-end, Steve Madden operated 397 brick-and-mortar stores, including 99 outlets, alongside 7 e-commerce platforms and 133 company-operated concessions in international markets, underlining its expanding omni-channel footprint.
The balance sheet reflected the strategic acquisition-led expansion. Total assets rose to $2 billion from $1.41 billion at year-end 2024, driven by higher inventories, right-of-use assets, goodwill and intangibles tied to acquisitions. Long-term debt increased to $293.8 million, with cash, cash equivalents and short-term investments at $108.9 million, resulting in net debt of approximately $185 million. Total liabilities climbed to $1.11 billion, while total stockholders’ equity improved modestly to $886.1 million.
“As anticipated, the third quarter was challenging, driven largely by the impact of new tariffs on goods imported into the United States. That said, we are pleased with underlying demand for our brands and products. Consumers have responded favourably to our Fall assortments, particularly in our flagship Steve Madden brand,” said Edward Rosenfeld, chairman and chief executive officer (CEO) at Steve Madden.
In the first nine months (9M) of 2025, net cash provided by operating activities was $67.6 million, down from $94.2 million in the same period of 2024, reflecting lower earnings and working capital movements. Net cash used in investing activities rose significantly to $389.4 million, while financing activities provided $237.5 million, primarily from new borrowings, partly offset by dividends and limited share repurchases.
The company did not repurchase any shares in the open market during the quarter, signalling a preference to preserve liquidity and support strategic investments. The board of directors declared a quarterly cash dividend of $0.21 per share, payable on December 26, 2025, added the release.
For the fourth quarter of 2025, the company forecasts revenue growth of 27 to 30 per cent versus the prior-year period. Reported diluted EPS is guided in the range of $0.30 to $0.35, with adjusted diluted EPS projected between $0.41 and $0.46. The outlook embeds non-GAAP adjustments of $0.11 per diluted share.
Fibre2Fashion News Desk (SG)
Fashion
Shoe Carnival to rebrand as Shoe Station Group
Published
November 13, 2025
Footwear and accessories retailer Shoe Carnival, Inc. announced on Thursday plans to change its corporate name to Shoe Station Group, Inc., reflecting a strategic shift toward unifying its retail operations under a single banner.
The company expects over 90 percent of its store fleet to operate as Shoe Station by the end of fiscal 2028, with the remainder to be evaluated for rebannering, outlet repositioning, or closure. Having completed 100 store conversions in fiscal 2025, the retailer anticipates that more than half of its stores will operate under the Shoe Station name by the back-to-school season in 2026.
“Today marks a pivotal moment for our company. Shoe Station is winning – growing comps, expanding margins and capturing new customers,” said Mark Worden, president and chief executive officer.
“The board of directors’ decision to approve the corporate name change to Shoe Station Group reflects our confidence in this banner’s potential and establishes our foundation for becoming the nation’s leading family footwear retailer.”
Preliminary third-quarter results highlight the brand’s momentum. Shoe Station posted a 5.3 percent increase in net sales, while the legacy Shoe Carnival banner saw a 5.2 percent sales decline, attributed to continued pressure on lower-income consumers. Overall net sales during the quarter reached $297.2 million, and diluted earnings per share came in at $0.53.
As part of the change, the retailer anticipates approximately $20 million in annual cost savings by the end of fiscal 2027, while inventory investment is expected to decrease by 20–25 percent.
“We are building a simpler, more efficient company with one team, one infrastructure, and one P&L that is expected to generate millions in annual cost savings, sharply reduce our inventory investment, and create a balance sheet built for both organic growth and strategic acquisitions,” added Worden.
Shoe Carnival is expected to report its full third-quarter financial results on Thursday, November 20.
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