Paris Fashion Week starts after Balmain robbery

23 Sept 03:46 Key points summarised by AI

Balmain faces immense pressure to rebuild its collection for Paris Fashion Week after 50 outfits were stolen, posing a significant challenge for creative director Olivier Rousteing and his team.
The nine-day Paris Fashion Week features 107 brands, including major houses like Dior and Chanel, presenting spring-summer 2024 womenswear collections, even as analysts note a moderation in luxury spending post-pandemic.
Key collections include Sarah Burton's final presentation for Alexander McQueen after more than 20 years, and Dior's showcase, highlighting its recent royal commission for Queen Camilla and historical ties to Princess Diana.
Pierre Cardin returns to Paris Fashion Week for its second appearance under Rodrigo Basilicati-Cardin, though the house is currently embroiled in a family controversy regarding the empire's succession.

Nationwide crackdown launched on illegal nominee shareholders and land holdings

Today 15:20 Key points summarised by AI

Thailand's Prime Minister Anutin Charnvirakul initiated a nationwide crackdown on illegal Thai nominee shareholders in foreign-run businesses and land holdings to safeguard national interests.
The government will integrate efforts across all relevant agencies to target illicit foreign operations, forced sales of illegally acquired property, and high-risk land ownership schemes.
Key strategies include auditing suspect land and building holdings, establishing a long-term monitoring system, and cross-referencing data from various authorities to trace ultimate beneficial owners.
Prime Minister Anutin emphasized that no influential figures or corrupt officials are above the law, promising straightforward prosecution, asset seizures, and protection for enforcing officers.
Beyond land ownership, the integrated crackdown will also extend to tackle transnational crimes, including drug and human trafficking.