01FASHION'S LONG GAME OF MUSICAL CHAIRS HAS LARGELY SETTLED.
JONATHAN ANDERSON NOW RUNS DIOR ALONE, THE FIRST DESIGNER
SINCE CHRISTIAN DIOR HIMSELF TO HOLD WOMENSWEAR, MENSWEAR
AND COUTURE TOGETHER. DEMNA LEFT BALENCIAGA TO TAKE GUCCI.
02PARIS COUTURE, 6 TO 9 JULY, WAS THE RESET'S FIRST FULL REVEAL.
PIERPAOLO PICCIOLI DEBUTED AT BALENCIAGA, MARIA GRAZIA CHIURI
AT FENDI, DURAN LANTINK AT JEAN PAUL GAULTIER, MATTHIEU BLAZY
AT CHANEL. FOUR FIRST COLLECTIONS IN ONE WEEK.
03THE CHURN WAS INDUSTRY-WIDE. AROUND FIFTEEN CREATIVE
DIRECTORS SHOWED DEBUT COLLECTIONS ACROSS THE 2025 AND 2026
SHOWS: LOEWE, CELINE, BOTTEGA VENETA, MARGIELA, VERSACE, DIOR,
GUCCI. EDITORS CALLED IT MUSICAL CHAIRS, AND FEW KEPT A SEAT.
04WHY ALL AT ONCE. LONG DESIGNER CONTRACTS SIGNED IN THE BOOM
YEARS LAPSED TOGETHER, AND A LUXURY SLOWDOWN MADE BOARDS
IMPATIENT. A NEW NAME RESETS A HOUSE'S STORY, AND ITS SALES
LINE, FASTER THAN ANY SINGLE HANDBAG CAN.
05SOME OF THE MOVES ARE HOMECOMINGS. MARIA GRAZIA CHIURI BEGAN
HER CAREER AT FENDI IN 1989, LONG BEFORE DIOR, AND NOW SHE RUNS
IT. ANDERSON LEFT LOEWE FOR DIOR, AND THE FOUNDERS OF PROENZA
SCHOULER TOOK HIS OLD LOEWE SEAT.
06A RESET THIS WIDE HAS NOT HAPPENED IN LIVING MEMORY. THE BET
ACROSS THE INDUSTRY IS THAT A FRESH NAME LIFTS A HOUSE FASTER
THAN ANYTHING ELSE. THE NEXT TWO YEARS TEST WHETHER THAT IS
TRUE, OR WHETHER FASHION JUST MOVED THE QUESTIONS INTO NEW ROOMS.