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Proenza Schouler names Diotima’s Rachel Scott as new creative director

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Proenza Schouler names Diotima’s Rachel Scott as new creative director


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September 2, 2025

Proenza Schouler has appointed Rachel Scott, the founder and designer of Diotima, as its new creative director, the New York house announced on Tuesday, a decision that is sure to be well-received.

Rachel Scott – Photographed by Brianna Capozzi, courtesy of Proenza Schouler

Scott’s inaugural presentation as creative director for Proenza Schouler will debut in February 2026 with the Fall/Winter 2026 collection, marking a new chapter for the brand.

Scott actually joined Proenza Schouler as a consultant earlier this year, working closely with the design studio to shape the brand’s creative evolution. The Spring/Summer 2026 collection, developed through this collaborative partnership, “serves as an opening statement and an intimate preview of her perspective, one that will continue to unfold in the seasons ahead,” the Manhattan marque added.

Long recognized as a brand synonymous with craft and New American luxury, Proenza Schouler will enter a new chapter with Scott at the helm. Rachel brings a global design perspective, vast technical knowledge, and a distinctive new voice that aligns seamlessly with Proenza Schouler’s brand DNA, the brand underlined.

“As one of the most celebrated design talents of today, Rachel brings a fresh and female perspective to a brand built on the spirit of the modern American woman. Her profound understanding of Proenza Schouler’s brand codes, paired with her exceptional ability to marry craft with innovation, made her the natural choice to lead the brand forward,” said Proenza Schouler CEO Shira Suveyke Snyder in a release.

Scott succeeds the Proenza Schouler founding partners Lazaro Hernandez and Jack McCollough, who quit the house after two decades this year to move to Paris and become the joint creative directors of Loewe, taking over from Jonathan Anderson after he left to become the creative director of sister LVMH brand Dior.

“It is with great excitement that I join Proenza Schouler, a brand at the heart of American fashion, and one I have long admired. I hold deep respect for the beauty and world Jack and Lazaro so brilliantly crafted, and I look forward to bringing my perspective in dialogue with their legacy. I am grateful to Shira for her trust, and I am honored to step into this role to envision the next chapter of Proenza Schouler,” Scott enthused.

Scott, a 41-year-old designer, was born in Jamaica and is often said to approach fashion via language – blending in elements of French existentialism and post-structuralism. In a 16-year career, she has worked in Milan, with a stint at Costume National, and in New York, where she founded Diotima in 2021. She has since gone on to win considerable critical acclaim and a certain cult status for her adventurous collections.

“When we left Proenza Schouler last January, we knew the story would go on, but not yet who would write the next chapter. Rachel is someone whose work we have always admired. Her trajectory over the last few years has been impressive to watch. As founders and board members of the company, we are proud to welcome her to this very special brand and excited to see how she will embrace and evolve the legacy and spirit of what we started,” said Hernandez and McCollough in the press release.

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Valentino Garavani dies aged 93

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Valentino Garavani dies aged 93


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January 19, 2026

Valentino Garavani, an icon of Italian fashion, founder of his eponymous maison, and widely regarded as one of the greatest designers of all time, died in Rome on January 19, surrounded by his loved ones.

Born in Voghera, Italy on May 11, 1932, he showed remarkable artistic talent from an early age, which led him to study drawing and fashion in Paris, where he worked with couturiers such as Jean Dessès and Guy Laroche.

Upon returning to Italy, he opened his first atelier on Via Condotti in Rome in 1960, supported by his business partner, Giancarlo Giammetti. International success soon followed: his debut show at Florence’s Palazzo Pitti in 1962 marked his breakthrough, establishing him as an undisputed standard-bearer of Italian fashion worldwide. In 1968, the famous “V” logo was introduced, later becoming the emblem of the maison. Equally iconic is his signature red, inspired by a gown he saw at the opera in his youth, which made this shade a defining hallmark of the house.

Valentino Garavani announced his retirement in 2007, at the age of 75, with a final show celebrating his extraordinary career. His legacy is also chronicled in the 2008 documentary directed by Matt Tyrnauer: “Valentino: The Last Emperor.”

Garavani’s lying in state will be held at PM23, Piazza Mignanelli 23 in Rome, on Wednesday and Thursday, January 21 and 22, 2026, from 11:00 to 18:00. The funeral will take place on Friday, January 23, 2026, at 11:00, at the Basilica of Santa Maria degli Angeli e dei Martiri, Piazza della Repubblica 8, Rome.

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Copyright © 2026 FashionNetwork.com All rights reserved.



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EU Council prez to convene extraordinary meeting to discuss Greenland

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EU Council prez to convene extraordinary meeting to discuss Greenland



European Union (EU) diplomats yesterday agreed to accelerate efforts to dissuade US President Donald Trump from imposing tariffs on European allies, while preparing retaliatory measures in parallel.

Trump last week announced he would impose a new round of higher tariffs on several EU members starting February 1 as the latter did not support US demand to buy Greenland from Denmark.

EU diplomats have agreed to accelerate efforts to dissuade President Donald Trump from imposing tariffs on European allies, while preparing retaliatory measures.
European Council President Antonio Costa consulted members on the Greenland issue and said he would convene an extraordinary meeting of the Council in the coming days.
The bloc is committed to defend itself against any form of coercion, he said.

“NATO has been telling Denmark, for 20 years, that ‘you have to get the Russian threat away from Greenland’,” he wrote on Truth Social. “Unfortunately, Denmark has been unable to do anything about it. Now it is time, and it will be done!!!”

European Council President Antonio Costa consulted member states on the latest tensions over Greenland and issued a statement saying such tariffs would undermine trans-Atlantic relations and are incompatible with the EU-US trade agreement. He reconfirmed the bloc’s strong commitment to defend it against any form of coercion.

Expressing the bloc’s readiness to continue engaging constructively with the United States on all issues of common interest, he said he would convene an extraordinary meeting of the Council in the coming days.

“Europe will not be blackmailed,” Danish Prime Minister Mette Frederiksen said in a statement.

An option being reportedly considered is a package of tariffs on €93 billion worth of US imports that could automatically take effect on February 6 following the expiry of a six-month pause.

Another involves deploying the Anti-Coercion Instrument (ACI), a never-used tool that could restrict access to public tenders, investments or banking activity and limit trade in services, including digital services, where the United States runs a surplus with the bloc.

After speaking to NATO Secretary General Mark Rutte, French President Emmanuel Macron, British Prime Minister Keir Starmer, German Chancellor Friedrich Merz and Italian Prime Minister Giorgia Meloni, European Commission chief Ursula von der Leyen asserted EU commitment to upholding the sovereignty of Greenland and Denmark and posted on X: “We will always protect our strategic economic and security interests”.

“We will face these challenges to our European solidarity with steadiness and resolve,” she said.

“No intimidation or threat will influence us—whether in Ukraine, in Greenland or elsewhere in the world,” Macron wrote on X. “Tariff threats are unacceptable and have no place in this context. Europeans will respond in a united and coordinated manner if they are confirmed,” he wrote.

“We will not allow ourselves to be blackmailed,” said Swedish Prime Minister Ulf Kristersson.

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Reliance misses third-quarter profit estimates at $2.06 billion for the October-December quarter

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Reliance misses third-quarter profit estimates at .06 billion for the October-December quarter


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January 19, 2026

On Friday, India’s Reliance Industries posted an 186.45 billion rupees ($2.06 billion) profit for the October-December quarter, missing analysts’ average estimate of 196.44 billion rupees, according to data compiled by LSEG.

Reliance Retail’s youth fashion retail format ‘Yousta’ – Yousta

 
Shares of Reliance Industries fell as much as 2.7% in early trade on Monday after the conglomerate announced missing its third-quarter profit estimates, weighed down by slowing earnings growth in its retail segment. Shares of the Mukesh Ambani-led firm were trading at 1,426. 60 rupees, as of 9:41 am, and were among the top five losers on the benchmark Nifty 50 Index 
 
UBS analysts trimmed Oil-to-Chemicals(O2C) and retail estimates slightly but said they still see room for a valuation re-rating, as the company’s earnings before interest and taxes (EBIT) mix increasingly shifts toward structural growth drivers such as digital and retail, reducing dependence on the cyclical oil and gas segment. Festive discounting, investment in hyper-local delivery startups, and a one-off impact from India’s new labour code trimmed core margins at its retail unit to 8% from 8.6% a year earlier.

Retail growth softened primarily because the festive season was brought forward and due to the one-month impact of the consumer products demerger, analysts at Emkay said. Core earnings for the segment grew 1.3% to 69.15 billion rupees, compared with 9.5% growth a year earlier.
 
Reliance’s oil and gas segment weakened due to lower output and softer price realisations from its ageing KG-D6 fields, leading to an 8.4% revenue decline and a 12.7% drop in core earnings amid higher maintenance costs. Meanwhile, analysts at Systematix forecast a rise of 5%, 12%, and 9% O2C, Retail, and Jio revenue CAGR, respectively, during FY25-FY28, while a 12% decline in their oil and gas businesses.
 

© Thomson Reuters 2026 All rights reserved.



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