Fashion
Summer 2026 looks set to be romantic with Sacai, Zimmermann, Ungaro and Agnès b
Published
October 7, 2025
Silhouettes elongate or gain volume; ornamentation gleams with sparkling details; the wardrobe grows more sophisticated. This romantic, faintly glamorous vein came to the fore on the eighth day of the Paris shows devoted to Spring-Summer 2026. On Monday, numerous collections homed in on a new feminine elegance, as redefined by Sacai, Zimmermann, Agnès b. and Ungaro, among others.
Unusual constructions, layering, and material blends. For her Spring-Summer 2026 collection, shown on Monday at the brand’s new headquarters—an old building with a vast glass roof, formerly occupied by Balenciaga on rue Cassette in the 6th arrondissement—Japanese designer Chitose Abe returns to her fundamentals, revisiting the key ingredients behind Sacai’s success.
Trench coats, denim, knitwear, outerwear, the white shirt, the little black dress and more. She surveyed the archetypes of the women’s wardrobe, blowing them apart before recomposing them into covetable hybrids. Black and white reappeared in voluminous silhouettes, finished with Oxford shoes sporting oversized tassels that lent an eighteenth-century air to the whole. The mood was epitomised by supermodel Naomi Campbell in a superb sleeveless tuxedo with a train.
Each piece was distinctive—almost unique in its construction, detailing or fusion of materials—yet appeared easy to wear, conveying a sense of freedom and movement. With Sacai, fashion is, more than ever, a game, and this season the house explored a new technique of “reversal”: the lower sections of classic garments flip up to fasten high on the body, creating unexpected forms.
For example, black trousers were hoisted up, anchored to the shoulders of a tuxedo jacket that becomes an oval cape. The same trick applied to the hem of a long white shirt, laced through eyelets at the shoulders, and to the panels of long canvas skirts, which rose to the waist to create peplums and ballooning shapes. Elsewhere, a trench morphed into a petticoat and a shirt, tuxedo and skirt become one.
Movement was omnipresent in undulating or godet-flared blouses and skirts. A shot of lime yellow enlivened a black-and-white patchwork maxi dress. Leather blousons and denim pieces were taken apart and recomposed into puzzle-like garments with rounded contours. Further on, mini dresses emerged from a mix-and-match of patterns (stripes, polka dots, flowers), while waterproof canvas fused with tuxedo satin. Tweed dresses unravelled into cascades of fringing, rounding off a breathtaking collection brimming with energy and invention.
Absent from the catwalks since 2019, Agnès b., real name Agnès Troublé, made her triumphant return on Monday at Paris Fashion Week with a grand manifesto show charting her half-century in fashion. The occasion also marked her return to fragrance, with a new scent authored by the designer and perfumer Isaac Sinclair. “Agnès b. Paris Le Parfum” will be launched on October 14. Made in France, it embodies “discretion, timeless elegance and the freedom to be oneself”.
Nearly 90 models, including 15 men, traversed the long runway installed at the Collège des Bernardins, accompanied by a live concerto. Principal dancer Hugo Marchand opened the show to an aria from Rameau’s “Les Indes Galantes”, played on piano by Martin Beau. What followed was a seemingly endless parade of the creations that have marked the brand’s history, with numerous archive pieces, reworked models and new releases.
The first part was devoted to her ultra-light dresses in fine cotton, including butter muslin—very airy and washed “so it shrinks a little”—as well as light linen. There were petticoats, including the reworked “tango” model, dungarees and mechanic’s coveralls, apron dresses and crepe tailoring. Not forgetting artists’ T-shirts, Elvis straight-leg trousers, button-front dresses with Peter Pan collars, the harpsichord shirt (without buttons). Not forgetting, of course, polka dots, gingham fabric, denim, unisex leather jackets, satin used to cut cargo trousers and an eighteenth-century-style linen frock coat, from the designer’s favourite era.
At 83, Agnès can still deliver lessons in dressmaking, with her precision in cut and construction—not to mention her meticulous attention to armholes. The secret of her success? She has always remained true to her style since her debut in 1975, without ever renouncing it. Comprising informal, easy-to-wear pieces alongside more elaborate ones, each imbued with quintessential Parisian chic, the Agnès b. wardrobe covers every daily need, from morning to night, addressing everyone, men and women of all ages, with a timeless yet characterful style that has continued to captivate for five decades.
Pastel décor, the cries of seagulls, the soft waft of the brand’s next in-store fragrance, Zimmermann set a decidedly summery tone, immersing us this season in the bohemian, arty atmosphere of Lavender Bay in the seventies. At the time, this industrial corner of Sydney Harbour—with its disused warehouses wedged between a Luna Park and the railway—sprang to life, attracting an exuberant artistic community.
It’s this carefree effervescence that Australian designer Nicky Zimmermann translated with brio in her collection, while modernising the theme. A fresh, joyful spirit pervaded the show, which made much of vibrant colours (emerald green, petrol blue, orange, and pink), soft-focus floral prints à la David Hamilton and a nonchalant allure.
Blouses and maxi dresses were by turns ethereal in billows of ruffles, or demure in white cotton lace. Trousers were worn baggy or very flared. Front-zipped jumpsuits, worn unzipped, gave the models—in dark sunglasses, sandals or clogs—a touch of house painter. Chic pleated trousers sat low on the waist, revealing a high-cut swimsuit. Long dresses glided sinuously along the body. The women oscillated between a headscarf and sparkling gold jewellery.
A collection that should prove successful, like the previous ones, Zimmermann being one of the few brands to continue to post growth in today’s market with its accessible luxury, which appeals well beyond its native Australia.
The treasures of the Louvre served as the starting point for Ungaro’s collection, in particular Ingres’s “L’Odalisque”. “In this collection, there’s Orientalism, with a mix of cultures, but also a ‘cabinet of curiosities’ side. I wanted to celebrate femininity and freedom, imagining these women going from the Louvre to the flea market, mixing all sorts of influences,” explained artistic director, Kobi Halperin.
The result was a collection both rich and delicate, all about lightness via silky fabrics with floral prints, gauzy gypsy dresses, more sensual versions in fluid satin and clouds of ostrich feathers, which lent an airy touch to the ensemble. Several pieces in lace and guipure (dresses, as well as jackets, skirts, shorts and trousers) let the air circulate in a fresh, boudoir spirit.
The wardrobe is conceived to be versatile, with interchangeable pieces to mix and match from day to evening. Take your pick from beautiful shirt dresses, weightless summer dresses in chiffon or cotton, monochrome or printed, little tweed jackets to pair with leopard shorts, and the classic suit with its elegant double-breasted jacket, in white or a precious brocade.
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Fashion
US ETR dips to 9.4% as blanket 10% tariff replaces IEEPA levies: Fitch
If the US administration imposes a 15-per cent levy, the US ETR would rise to 11.3 per cent.
President Donald Trump reinstated tariffs immediately following the US Supreme Court’s February 20 ruling that invalidated the reciprocal tariffs imposed under the International Emergency Economic Powers Act (IEEPA). The new blanket 10-per cent tariff rate is authorised under Section 122 of the Trade Act of 1974 and expires in 150 days unless extended by Congress.
The 10-per cent blanket reciprocal tariff imposed by the US on most trading partners has reduced the US effective tariff rate (ETR) to 9.4 per cent from 12.7 per cent, Fitch Ratings said.
If a 15-per cent levy is imposed, the ETR would rise to 11.3 per cent.
China has the highest ETR among trading partners, followed by Vietnam, Japan and Brazil.
China’s ETR is around 19 per cent from 29 per cent earlier.
Section 122 permits a maximum rate of 15 per cent but does not allow for tariff adjustments for individual countries.
Prior to the court decision, China was subject to two reciprocal tariffs: a fentanyl tariff of 10 per cent that applied to all imports and a 10-per cent reciprocal tariff on an import base subject to carveouts. The two tariffs have been consolidated into the 10-per cent blanket tariff, reducing China’s ETR to around 19 per cent from 29 per cent, Fitch said in a release.
China still has the highest ETR among major trading partners, followed by Vietnam, Japan and Brazil. Of the United States’ 31 largest trading partners, 26 will see their ETRs decline. Brazil benefits the most, with its ETR decreasing by 18 percentage points (pp) to 11 per cent from 29 per cent.
ETRs for most countries largely remain unchanged following the switch in tariff regimes, and no country will see an increase in its ETR if the Section 122 tariff rate remains at 10 per cent.
Fibre2Fashion News Desk (DS)
Fashion
US producer price index for final demand up 0.5% in Jan 2026
Unadjusted, it rose by 2.9 per cent for the 12 months ended January 2026.
Prices for final demand goods declined by 0.3 per cent, the largest decrease since falling 0.7 per cent in March 2025.
The seasonally-adjusted US producer price index (PPI) for final demand rose by 0.5 per cent in January.
Unadjusted, it rose by 2.9 per cent for the 12 months ended January 2026.
Prices for final demand goods declined by 0.3 per cent, the largest decrease since falling 0.7 per cent in March 2025.
Leading the January decline, the index for final demand energy dropped by 2.7 per cent.
Leading the January decline, the index for final demand energy dropped by 2.7 per cent.
The index for final demand less food, energy and trade services moved up by 0.3 per cent in January, the ninth consecutive increase. For the 12 months ended in January, such prices rose by 3.4 per cent, a BLS release said.
The index for final demand goods less food and energy advanced by 0.7 per cent in the month.
Fibre2Fashion News Desk (DS)
Fashion
Ind-Ra expects India’s apparel retail revenues to grow 9% YoY in FY26
Ind-Ra expects sector revenues to grow around 9 per cent year on year (YoY) in FY26 and 10.5 per cent YoY in FY27 following uneven and subdued growth through FY24 and early FY25; the growth in FY25 was 8 per cent YoY.
Ind-Ra expects India’s apparel retail sector revenues to grow around 9 per cent YoY in FY26 and 10.5 per cent YoY in FY27 following uneven and subdued growth through FY24 and early FY25.
Premium, branded and ethnic players are expected to see steadier, high single-digit growth trends.
Ind-Ra feels value retailers will outperform other segments within apparel, with robust revenue growth.
Ind-Ra feels value retailers will outperform other segments within apparel, with robust revenue growth through healthy same store sales growth and rapid store additions, albeit at a lower profitability.
Healthy growth in operating profit coupled with strong inventory turns is expected to result in value retailers demonstrating stronger-than-industry return indicators and credit metrics.
Premium, branded and ethnic players are expected to see steadier, high single-digit growth trends as consumer confidence rebuilds with a better spread out wedding calendar than in FY26 and early signs of normalisation seen in the first nine months of FY26.
Listed apparel retail players from Ind-Ra’s sample set reported revenue growth of around 10 per cent YoY in these nine months as the government’s consumption push through lower taxation and mild inflation resulted in higher disposable income and improved affordability.
The operating profit margins also improved to 15.6 per cent in the nine months compared to 15.2 per cent in FY25 due to various cost optimisation measures adopted by companies.
Organised retailers are pivoting from aggressive expansion to productivity-led growth. After elevated store additions in FY24-FY25, Indian apparel retailers are moderating store roll-outs, sharpening site selection, right-sizing formats and targeting faster ramp-ups of recent openings, with omni-channel execution and scalable franchise models enhancing reach and capital efficiency, Ins-Ra said in a press note.
It expects store additions to ease to nearly 7 per cent YoY in FY26 and 6 per cent YoY in FY27, even as retail area continues to rise by 9 per cent YoY in FY26 and by 9.5 per cent YoY in FY27, reflecting larger average store sizes and assortments designed to lift footfalls, average transaction values and sales per square foot.
Value and luxury segments are set to lead sector performance. Value formats benefit from GST rationalisation at lower price points, improved affordability, and rising private-label penetration, while luxury gains from a widening affluent base and deeper global-brand access.
Fast fashion continues to capture Gen-Z-led, content-driven demand. Casual and athleisure remain ahead of ethnic-casual and formal wear, in line with comfort- and lifestyle-led dressing trends.
Ind-Ra expects profitability to improve gradually as cost optimisation, better sourcing/mix, disciplined advertising and marketing promotions, and operating leverage offset residual pressures from expansion and fixed costs.
The working capital cycle for value retailers is likely to improve YoY in FY27, due to higher inventory turns and improved store level operating metrics.
Overall, as the consumption upturn broadens and retailers prioritise productivity over pace, Ind-Ra expects a stable, sustainable improvement in revenues and operating metrics for organised apparel retailers over FY26–FY27.
The luxury segment is also expected to benefit from an increase in target customer segment through widening affluent base and deeper global-brand access.
Mid-premium and several incumbent retailers witnessed slower growth in FY25, due to entry price mix-shifts and loss of market share to value retailers. This, coupled with investments in store format revamps, has stressed their margin profiles. Profitability pressures and a dip in inventory turns have slightly weakened credit metrics for segment players.
Fibre2Fashion News Desk (DS)
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