Celebrating the provocative, theatrical essence of the New Romantics, H&M Studio Holiday 2025 brings together extravagant style and a fierce attitude. It’s a balancing act of the exuberance of the 1980s movement and the rationality of today – from dresses with exaggerated ruffles to sharp-shouldered blazers, dramatic dotted lace to a dark, opulent floral print, and washed leather to sheer sequinned mesh. The collection is an escapist, glamorous take on the holiday season that revolves around the power of self-expression – and creativity. H&M Studio Holiday will be available in selected stores from 17 November and globally as well as at hm.com from 18 November.

The colour palette is decadent yet refined with black, dark chocolate brown, deep burgundy, beige, white and a pop of acid yellow. Materials include washed leather, lightweight taffeta, sheer sequins, heavy cotton, jacquards and mesh fabrics. The key pieces have an air of nostalgia but are always grounded in contemporary design twists. Like the strong black tuxedo featuring a cropped blazer and high-waisted trousers with open slits on the back. Or the voluminous cape in black polka dot mesh with a high ruffled collar and deep ruffled hem over a sleeveless black dress with intricate draping – a two-in-one creation. And for a glittering ‘wow’ moment, there’s a beige sequinned mesh bandeau dress with spectacular ruching across the body. 

H&M Studio Holiday 2025 showcases decadent tones of black, dark chocolate, deep burgundy and acid yellow in washed leather, taffeta, sequins and mesh.
Standouts include a cropped tuxedo, polka-dot mesh cape dress and sequinned bandeau.
Reimagined shirting, checked wool coats, washed leather jackets and bold accessories complete a wardrobe that channels late-1970s and early-1980s flamboyance.

Shirting is also vital to the season. The classic white tuxedo shirt has been reimagined with a wide-open collar and cut-out shoulders to show off statement necklaces or earrings. A white ruffled high-collar shirt adopts the tuxedo bib front and deep cuffs. Meanwhile, outerwear comes in the form of a brown-black long wool belted coat in a blown-up check pattern with a separate scarf attachment and a cropped black washed leather jacket that takes cues from a trench. Accessories push every look, from black washed satin kitten heels with oversized bows and dark chocolate brown boots with a wide draped leather shaft to black lace gloves with ruffle hem, multi-strand necklaces and a beret in washed velvet denim. 

“The late 1970s and early 1980s was a time of pushing boundaries, combining the past and future to create something new for the present. For this holiday season at H&M Studio, we wanted to do the same while channelling the flamboyance of that time. So the silhouettes are striking, and we play with volume, but nothing is too perfect or pretty. And the collection acts as a complete wardrobe – leaving it to each person to define their own take on partywear,” says Kathrin Deutsch, H&M Studio Collection Designer.

Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.

Fibre2Fashion News Desk (RM)

UK production output is estimated to have dropped by 0.5 per cent quarter on quarter (QoQ) during the third quarter (Q3) this year, according to the Office of National Statistics (ONS).

The largest negative contributor to the quarterly fall in Q3 came from manufacturing, which was down by 0.8 per cent QoQ; this was partially offset by increases in electricity and gas, which was up by 0.7 per cent QoQ.

Six of the 13 sub-sectors in manufacturing decreased during Q3 2025; among the largest negative contributors was the chemical products sector, which was down by 5.6 per cent QoQ, an ONS release said.

UK production output is estimated to have dropped by 0.5 per cent quarter on quarter (QoQ) during Q3 2025, the Office of National Statistics said.
The largest negative contributor to the quarterly fall came from manufacturing, which was down by 0.8 per cent QoQ.
Monthly production output is estimated to have decreased by 2 per cent in September; manufacturing output was down by 1.7 per cent MoM.

Monthly production output is estimated to have decreased by 2 per cent in September this year, following a month-on-month (MoM) rise of 0.3 per cent in August and a fall of 0.1 per cent MoM in July.

The monthly fall in September resulted from widespread weakness across the four main sectors, with manufacturing output down by 1.7 per cent MoM.

Seven of the 13 manufacturing sub-sectors saw a monthly decrease in September.

Fibre2Fashion News Desk (DS)

Sri Lanka’s latest budget signals a continued commitment to fiscal consolidation, with authorities aiming to reduce government debt relative to the gross domestic product (GDP) after outperforming targets set for 2025, according to Fitch Ratings. Strong and sustained revenue performance remains central to achieving these goals.

The recently presented budget projected a fiscal deficit of 5.1 per cent of GDP in 2026—higher than the 4.5 per cent expected in 2025 but well below the originally budgeted 6.7 per cent for 2025. The IMF later revised the 2025 deficit projection to 5.4 per cent. The primary surplus is estimated at 2.5 per cent of GDP in 2026, down from 3.8 per cent expected in 2025 but still above the 2.3 per cent target under Sri Lanka’s IMF programme. The government aims to narrow the deficit to 3.8 per cent of GDP by 2030.

Fitch noted that while the 2026 deficit estimate is wider than its own forecast of 4.6 per cent, the effect on debt dynamics could be mitigated by the stronger-than-expected 2025 performance, when the agency anticipated a 5.4 per cent deficit and a 2.4 per cent primary surplus. Staying aligned with IMF fiscal benchmarks would strengthen policymaking credibility and reinforce macroeconomic stability.

Sri Lanka’s new budget reinforces its focus on fiscal consolidation, targeting a 5.1 per cent deficit in 2026 and maintaining a primary surplus above IMF requirement.
Fitch said stronger-than-expected 2025 results may offset a wider 2026 gap.
Revenue/GDP is set to ease slightly.
Growth-supportive measures continue, but high debt and post-2027 obligations remain key concerns.

Government revenue/GDP is expected to ease to 15.4 per cent in 2026 from 15.9 per cent in 2025, still slightly above Fitch’s 2026 projection. A failure to keep tax revenue growth broadly in line with GDP growth could add pressure to Sri Lanka’s credit profile.

The budget assumes a 1.2 per cent fall in trade taxes after this year’s surge in vehicle imports, while goods and services taxes are projected to rise 3.5 per cent and income taxes 8 per cent. Fitch described the goods and services tax estimate as conservative, given expected nominal GDP growth of over 7 per cent and new tax-enhancing measures such as a lower VAT registration threshold and strengthened auditing.

Unexpectedly strong import growth could further boost revenue but also strain external balances. The 2025 fiscal overperformance was partly driven by underspending, with public investment reaching only 3.2 per cent of GDP compared with the planned 4 per cent. Persistent shortfalls in capital spending could hinder long-term growth and complicate fiscal consolidation.

Even so, the budget outlines several growth-supportive initiatives, including the revival of Colombo airport’s expansion, a LKR 342 billion (~$1.13 billion) allocation for road development, tax incentives for digital infrastructure, and planned legislation to expand public-private partnerships in infrastructure.

Fitch expects gross general government debt/GDP to decline from 100.5 per cent in 2024 to around 96 per cent in 2027—still well above the median 74 per cent for ‘CCC’ rated sovereigns. The end of the IMF programme in 2027 and higher debt-servicing obligations from 2028 pose additional medium-term risks.

Fibre2Fashion News Desk (SG)