ITALIAN FASHION INDUSTRY NEWS

Phuket to host Thailand's International Boat Show in 2026
The Thailand International Boat Show 2026, returning to Phuket Yacht Haven Marina from January 15-18, will showcase superyachts and luxury experiences. Aiming to boost yacht tourism and establish Thailand as a premier Asian marine hub, the event anticipates 6,000 tourists. A pre-show Yachting Conference on January 14 will address industry trends and sustainable practices.

First church in India dedicated to teen saint Carlo Acutis consecrated in Kerala's Palikkara
On the day Carlo Acutis was canonised, a church dedicated to the "millennial saint" opened in Palikkara, near Kochi. Varapuzha Archbishop Joseph Kalathiparambil initiated the church for the new generation, completed in a few months and houses relics of the saint. The church will hold prayers every Tuesday and Sunday for around 140 families.

High stakes for high fashion: Brands bet on luxury revival on the catwalk
Luxury brands like Chanel, Dior, and Gucci are introducing new designers amidst a challenging economic climate. The high-end industry is struggling with sluggish sales after the post-pandemic boom, prompting leadership changes and a need to reignite consumer interest. These new designers face the pressure of revitalizing historic labels and attracting inflation-weary shoppers.

Carlos Alcaraz reclaims World No. 1 as he outshines rival Jannik Sinner to win US Open
Carlos Alcaraz defeated Jannik Sinner in four sets to win the US Open, reclaiming the world number one ranking. The match, attended by Donald Trump, saw Alcaraz avenge his Wimbledon loss and extend his dominance over Sinner. Alcaraz has now won seven of the past eight meetings and is 10-5 overall against Sinner.

Max Verstappen captures Italian Grand Prix in record time
Max Verstappen dominated the Italian Grand Prix, securing a record-breaking victory for Red Bull with an average speed of 155.791 mph. McLaren teammates Lando Norris and Oscar Piastri followed, with team strategy creating drama between them. Despite a strong finish from Leclerc and Hamilton, Ferrari maintained a 20-point lead over Mercedes in the team standings.

Giorgio Armani to be buried Monday in private ceremony
Giorgio Armani, the iconic Italian fashion designer, will be laid to rest in a private family ceremony on Monday in Rivalta, a village near Milan. Thousands of mourners paid their respects over the weekend as his coffin was displayed in Milan.
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From coding to canonization: The extraordinary life of Carlo Acutis
Carlo Acutis, a 15-year-old computer enthusiast, was declared the first millennial saint for his use of technology to spread the Catholic faith. Acutis, who died of leukemia in 2006, was canonized alongside Pier Giorgio Frassati, an anti-fascist who served the poor.
Reusable water bottles aren’t always healthy; here’s how to clean it and protect yourself from mold
Reusable water bottles, a popular and eco-conscious choice, can harbor harmful bacteria and mold if not properly cleaned. Experts warn that moisture and organic matter create breeding grounds for these microbes, potentially causing respiratory issues and allergic reactions. Regular cleaning with hot water, soap, and sanitizers is crucial to mitigate these risks and maintain a safe hydration routine.
Zzz of doing biz in the time of GST and tariffs
A dream businessman is nimble about what he makes, sells, trades
Starbucks' pain, Chinese Chain Luckin Coffee's gain in U.S.? From number of stores to taste - here is a comparison
Starbucks has more than 41,000 stores in the world. Luckin has more than 26,000 stores worldwide.
Most of those killed in Lisbon streetcar derailment were foreigners, police say
A streetcar derailment in Lisbon, Portugal, resulted in 16 fatalities, including several foreign nationals. Investigations are underway to determine the cause of the crash, which involved the popular Elevador da Gloria. The tragedy has prompted a national day of mourning and raised questions about the safety of the city's historic funiculars, leading to temporary suspension of other similar streetcars.
Giorgio Armani leaves a legacy as 'the master of luxury ready-to-wear'
Giorgio Armani, who recently passed away at 91, revolutionized fashion with his soft-shouldered jackets and keen eye for textiles, building a $10 billion empire. He maintained independence, focusing on apparel and creating timeless elegance appreciated by Hollywood and everyday individuals. Armani's legacy includes a foundation for succession, ensuring his brand's continued attention to detail and singular vision.
Fashion designers take the fight to duplicate brands
Rahul Mishra secured a court injunction against unauthorized copying of his designs, emphasizing the critical role of intellectual property in India's economic growth. The fashion industry faces increasing counterfeiting due to e-commerce and social media, prompting designers to seek legal protection.
Monza gearing up for Hamilton in Ferrari red at the Italian GP
Lewis Hamilton topped the first practice in his Ferrari Monza debut, electrifying the Italian Grand Prix. While Hamilton faces a grid penalty, McLaren's Norris and Piastri are locked in a fierce title battle. F1 considers radical changes like shorter races and more sprints, sparking debate among drivers like Alonso and Verstappen.
Reliance Industries may earn $500 mn annual EBITDA from Russian oil, but refining margins fuel real growth: Jefferies
Further, European diesel spreads are firm on lower imports after the EU announced a ban on refined product imports made from Russian crude starting January 21, 2026. Gasoline margins are strong, with US gasoline inventories at a 5-year average. The report further stated, “Reliance has the flexibility to produce diesel from Middle East crude for export to the EU.
Giorgio Armani: Thank you, king Giorgio, for the suits and the style
Giorgio Armani, the influential designer who redefined fashion with his deconstructed suits, has passed away at 91. He revolutionized menswear by softening traditional tailoring, a style that quickly gained popularity among women entering the workforce. Armani's designs offered a luxurious and androgynous alternative to conventional power dressing, becoming a symbol of authority in various professional settings.
A true black-handed compliment: Armani
Giorgio Armani, the architect of modern elegance, passed away at 91, leaving behind a ₹2.3 billion empire built on minimalist principles. He redefined power dressing with 'Armani fluidity,' impacting both men's and women's fashion. Eschewing excess and fleeting trends, Armani's influence is seen in boardrooms and beyond, where understated elegance reigns.
Giorgio Armani Death: How fashion designer built $10 billion empire? Here's all about early life, style, fashion empire, personal life, legacy
Giorgio Armani Death has occured. How fashion designer built his $10 billion empire? Armani, who passed away at 91, built one of the most successful global fashion brands, dressing Hollywood stars and executives while keeping his company independent.
Fashion designer Giorgio Armani dead at 91
Fashion world mourns the loss of Giorgio Armani. The iconic designer passed away at his home at the age of 91. Armani, known for his unstructured designs, transformed ready-to-wear fashion. His absence was noted at recent runway shows due to illness. He was preparing for a grand celebration marking 50 years of his brand during Milan Fashion Week.
A 200-foot yacht, basketball team and luxury hotels: Who will inherit Giorgio Armani's jaw-dropping fortune?
The Italian fashion designer and billionaire brand owner Giorgio Armani has died at the age of 91. According to Forbes, he had a net worth of $12.1 billion and as per Bloomberg Index, Giorgio Armani’s net worth is $9.4 million. Armani is considered Italy's third-biggest fashion group behind Gucci and Prada.
Giorgio Armani had studied medicine, served in the Army. How he became a global fashion icon
Fashion world mourns as Giorgio Armani, the iconic designer, passed away. He was 91. Armani's journey began outside fashion. He redefined style with unstructured elegance. He built a global empire. His designs shaped trends from Hollywood to Wall Street. Armani's death raises questions about the future of his $2.7 billion business. He leaves behind a legacy of timeless sophistication.
Giorgio Armani net worth — how rich was the Italian designer who passed away at 91 and who will inherit his Billion-Dollar legacy?
Giorgio Armani, the iconic Italian designer hailed for reshaping modern elegance, has died at 91, leaving behind a timeless cultural legacy and one of the most influential fashion empires in history.
Giorgio Armani dead at 91 — What really happened to the iconic Italian fashion designer?
Giorgio Armani, the legendary Italian designer renowned for redefining modern fashion with his hallmark unstructured tailoring, has passed away at the age of 91.
Italian fashion designer and billionaire, Giorgio Armani, dies at 91. A look at his networth
Giorgio Armani, the iconic designer who revolutionized elegance and shaped Milan's fashion scene, has died at 91. His fashion house confirmed his peaceful passing at home, following recent health issues. Armani's legacy extends beyond clothing, encompassing a vast empire and influencing lifestyles globally. He will be remembered for his vision, independence, and contributions to Milan.
Zara, Levi’s, Lacoste among global fashion brands that may be hit by new GST rates
India's tax overhaul is set to reduce prices on various goods, but global fashion brands face higher levies on apparel exceeding $29. This move impacts premium wear, affecting brands like Zara and Levi Strauss, as young, brand-conscious consumers may become price-sensitive.
How Jannik Sinner outplayed compatriot Lorenzo Musetti in US Open quarter-final?
Defending champion Jannik Sinner dominated Lorenzo Musetti in a historic all-Italian US Open quarterfinal, securing a decisive victory. Sinner's powerful performance extended his hard-court winning streak to 26 matches. He expressed gratitude to the passionate Italian fans and acknowledged the unique experience of competing in New York.
Anna Wintour taps Chloe Malle as Vogue successor - but she's still in charge
Anna Wintour has appointed Chloe Malle as her successor to oversee editorial content at Vogue, marking a significant shift after Wintour's nearly 40-year reign as editor-in-chief. While Malle will manage day-to-day operations, Wintour remains chief content officer for Condé Nast and global editorial director of Vogue.
Kumar Mangalam Birla eyes big play in Indian fashion with two-entity strategy
Aditya Birla Group aims to seize prospects in India's evolving fashion sector. Kumar Mangalam Birla highlights India's growing GDP and consumer aspirations. The group has demerged Aditya Birla Lifestyle Brands Limited. Focus is on organic growth and profitability. ABLBL targets double-digit revenue growth. Pantaloons will prioritize profitability.
Taylor Swift’s Wedding Dress: What will the pop icon wear while walking down the aisle— and which designers could create the look?
Taylor Swift, known for reinventing herself through distinct musical “eras,” has often embraced white gowns. From lyrical nods to wedding dresses to her frequent red-carpet appearances in ivory ensembles, the singer has consistently offered glimpses of what her future bridal style could look like.
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