Fashion
Maria Grazia Chiuri named Chief Creative Officer at Fendi

Published
October 14, 2025
It’s official. On Tuesday, Fendi announced that it has named Maria Grazia Chiuri as its Chief Creative Officer, as the former Dior designer returns to the Italian fashion house where she began her career.
Maria Grazia will present her first collection for Fendi during the Fall/Winter 2026-2027 runway shows in Milan next February. Her appointment had been widely anticipated.
“Maria Grazia Chiuri is one of the greatest creative talents in fashion today, and I am delighted that she has chosen to return to Fendi to continue expressing her creativity within the LVMH group, after sharing her bold vision of fashion,” said Bernard Arnault, Chairman and CEO of LVMH Group, the conglomerate that owns Fendi. “Surrounded by the Fendi teams and in a city that is dear to her, I am convinced that Maria Grazia will contribute to the artistic renewal and future success of the Maison, while perpetuating its unique heritage.”
Chiuri succeeds Silvia Venturini Fendi, who has led the creative direction of Fendi since the departure of Kim Jones last year. Last week, Venturini Fendi was named Honorary President of Fendi, a move which effectively announced that the Rome-based brand would name a new creative director. Chiuri had been the favourite to take up the position for the past several months.
“I return to Fendi with honour and joy, having had the privilege of beginning my career under the guidance of the House’s founders, the five sisters,” said Chiuri. “Fendi has always been a forge of talents and a starting point for many creatives in the industry, thanks to the extraordinary ability of these five women to foster and nurture generations of vision and skill. I am grateful to Mr. Arnault for entrusting me with the task of helping to write a new chapter in the history of this extraordinary women-founded company.”
Sixty one year-old, Rome born Chiuri began her career at Fendi in 1989, and she helped to develop the label’s famed Baguette bag. After joining Valentino, she then became the joint creative director of the label in 2008. Eight years later, she was named creative director Dior, a position she held until this spring.
“I’m thrilled to welcome Maria Grazia into the team,” underlined Ramon Ros, Fendi’s Chairman and CEO. “The role of a creative director is no longer to simply design beautiful clothes but to curate a culture and hold a mirror to the world we live in. Her talent and vision will be instrumental in fortifying Fendi’s heritage, shaping the future talent in the house and deepening our commitment to Italian craftsmanship.”
Copyright © 2025 FashionNetwork.com All rights reserved.
Fashion
Upsized Footasylum returns to Glasgow’s Silverburn

Published
October 14, 2025
National sports/fashion retailer Footasylum has returned to Glasgow’s Silverburn, becoming the latest addition to the Eurofund Group-operated premier shopping destination.
The retailer is returning with a larger footprint, taking a 9,585 sq ft two-storey unit at the centre.
In the last couple of years Footasylum has been busy expanding its UK retail footprint while also moving into upsized units in key destinations including a triple-the-size unit at West Midland’s Merryhill, Metrocentre Gateshead and Lakeside, Essex, as well as opening flagships on London’s Oxford Street and the Birmingham Bullring
In July, Footasylum released its final FY25 results showing a strong rise in both sales and profit. And it said that the first months of the current trading year had also been ahead of expectations.
For financial year 2024, “record results” included positive revenue growth and a 188% jump in profits.
During 2024, Silverburn also delivered record footfall for the second consecutive year, attracting over 15 million visits and achieving double-digit sales growth. Over three years of joint venture ownership, Henderson Park and Eurofund Group have agreed over 60 deals, significantly enhancing Silverburn’s status as the leading destination in Scotland.
The Footasylum news follows the recent arrival of other fashion brands including Bershka, Hollister, Pull & Bear and Stradivarius. The new store marks the brand’s fourth outlet in Glasgow and adds to its existing portfolio of around 60 stores.
Alberto Esguevillas, CEO UK Retail at Eurofund Group, said of the brand’s return: “Footasylum is a standout success story in the UK retail market, and we see [its] return to Silverburn [as] a welcome and popular new arrival”.
Copyright © 2025 FashionNetwork.com All rights reserved.
Fashion
Source Fashion celebrates global sustainable design with January Redress catwalk partnership

Published
October 14, 2025
Source Fashion has chosen Hong Kong-based Redress as its headline catwalk partner as the ethical trade show returns to Olympia London on 13-15 January.
The Asia-focused environmental NGO, which spotlights pioneering designers “who are reshaping fashion through circular and sustainable design”, will stage catwalk shows three times a day during the event, “offering a visual narrative of how responsible design and creative excellence can join forces to redefine the future of fashion”.
It will select two to three (as yet, unnamed) ‘Redress Design Award’ alumni to headline the catwalk with a curated showcase that “will highlight innovation, circular design thinking, and a strong commitment to reducing environmental impact”.
That ‘Design Award’ element is at the heart of Redress’s work as its sustainable fashion design competition “has built a global network of over 300 emerging designers pioneering circular and waste-reducing practices”.
The events management team said: “This makes Redress an ideal partner for Source Fashion, as both organisations share a commitment to innovation, education, and driving real-world change in the fashion industry. Together, they are empowering the next generation of designers to reshape fashion’s future through creativity and responsibility.”
Suzanne Ellingham, event director, added: “This partnership with Redress marks an exciting next chapter for the Source Fashion catwalk. [It] has been instrumental in nurturing some of the most forward-thinking designers working in sustainability today.
“Their alumni are proof that creativity and responsibility are not opposing forces, they’re the foundation of fashion’s future. By bringing their work to our stage, we’re giving buyers and brands a glimpse of what truly circular design can look like in practice.”
Christina Dean, founder of Redress, also said: “Our partnership with Source Fashion creates the perfect stage to show that sustainable fashion isn’t just a passing trend, it’s the future. By putting our Redress Design Award alumni in the spotlight, we’re proving that circular design can be innovative, beautiful, and commercially viable. This partnership is about inspiring the industry and showing that responsibility and creativity go hand in hand.”
Copyright © 2025 FashionNetwork.com All rights reserved.
Fashion
Versace UK hit by tough market in latest year

Published
October 14, 2025
Versace UK’s latest accounts have been filed at Companies House and they show the business in decline for the 12 months to the end of March this year.
Sales saw a “significant” decrease, dropping 21% after a 19% fall the year before, with the company saying this followed the trend of the wider luxury sector and of other companies within its group (although being bought by Prada in a €1.25 billion deal, at the time these results cover, it was part of Capri holdings, which also includes Michael Kors and Jimmy Choo).
But as well as the generally reduced global demand for luxury goods, it also cited a broader decline in UK retail sales. And it talked of increased cost pressures from inflation and higher wages that were impacting retail sentiment.
Despite all this, and considering the level of competition in the British retail sector, the group “continues to consider the UK market as a profitable business” overall and it closed the year with a solid balance sheet. In fact its current assets exceeded its liabilities by over £7 million compared to a figure of £5.3 million in the previous year.
So let’s look at the numbers. Turnover was £15.26 million, down from £19.2 million and gross profit declined to £6.57 million from £9.38 million. In percentage terms that was a fall to 43.08% from 48.84%. While the cost of sales also fell, sales per employee dropped to £331,643 from £349,072.
Operating profit fell to £280,981 from £302,875 and profit before tax was down to £36,269 from £112,895. The loss for the financial year was £275,802, a swing from a profit of £382,397 a year earlier.
Copyright © 2025 FashionNetwork.com All rights reserved.
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