These are the stories making headlines in fashion on Wednesday.
Pieter Mulier To Make Versace Debut in January
Versace will return to Paris Couture Week in January 2027 with Pieter Mulier’s first collection for Atelier Versace. The show is Atelier Versace’s first dedicated couture runway since July 2016, and it will be the first visible sign of the brand’s direction since Prada Group acquired Versace last year. Furthermore, Versace said it will announce a date and venue at a later time. {WWD/paywalled}
Wonderland Appoints Carlos Nazario as Editor-in-Chief
Photo: David Sims/Courtesy of Wonderland
Wonderland magazine has named stylist and fashion director Carlos Nazario as its editor-in-chief. Nazario will oversee both print and digital, and his first issue, the Spring 2027 edition, is due in March 2027. “I am so grateful to Alastair and Peter for entrusting me with this next chapter of Wonderland. The name alone suggests so much possibility, and I’m excited to reimagine what it can mean for this moment,” Nazario said in a statement. {Fashionista inbox}
Ugg Opens New Store in Williamsburg
Photo: Courtesy of Ugg
Ugg opened a store in Williamsburg on Wednesday, marking its first new North America store in five years. The store sells footwear, apparel and accessories and features a permanent mural by Brooklyn artist Sarah Zapata. Opening events run through November and include custom illustrations by Yanz, boot charm piercings with Haricot Vert and a customization weekend with Dauphinette on Nov. 7-8. The store is located at 129 N 6th St. in Brooklyn. {Fashionista inbox}
Aritzia Targets $10.5 Billion in Sales by 2032
Canadian womenswear retailer Aritzia said Tuesday it aims to grow annual net revenue to as much as $10.5 billion CAD ($7.5 billion) by fiscal 2032, up from $2.6 billion in its latest fiscal year. The company plans to open 12 to 14 boutiques annually to reach 220 stores by 2032, including its first outside North America, though the U.S. will remain its main growth market. It also expects North American online sales to reach up to $4.5 billion CAD ($3.2 billion) and new product categories to add $1.5 billion CAD ($1 billion) in revenue. {Aritzia; Business of Fashion/paywalled}
Puig Targets Over €8 Billion in Revenue by 2032
Spanish luxury fashion and beauty group Puig aims to exceed €8 billion ($8.9 billion) in annual revenue by 2032, mainly through organic growth. The company expects adjusted EBITDA above €1.8 billion ($2 billion), and adjusted EBITDA margin above 22.5%. Charlotte Tilbury is set to grow to about 1.5 times its current size by 2032, while Uriage is expected to double. If its pending Isdin purchase closes, Puig would merge Isdin, Uriage and Apivita into a skin-care unit with more than €1 billion ($1.1 billion) in sales. {Reuters/paywalled}
Celine CEO Séverine Merle Discusses the House’s Strategy
Celine CEO Séverine Merle said the fashion house is putting “desirability” at the center of its strategy under Creative Director Michael Rider, in an interview with Vogue Business. Merle noted sales are strongest in the U.S., South Korea and Japan as Celine relies less on Chinese shoppers. LVMH’s finance chief has cited double-digit growth in the U.S. and in footwear, and the €2,200 ($2,400) Soft Triomphe bag has become the brand’s top seller. Merle also said looting at the Avenue Montaigne store last weekend didn’t derail business, and the store has reopened. {Vogue Business/paywalled}
