From provocation to performance, ten iconic runway shows that reshaped fashion long after the lights went down.

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Balenciaga’s Spring 25 show occurred at nightfall at the Museum of Art Pudong. The runway was held outdoors in a twilightscape with a view to the bund and Shanghai’s iconic skyline. Spring 25 introduced super-elongated, vertical silhouettes inspired by Shanghai Pudong high-rises and deconstructed new hourglass shapes. It also featured experimental semi-couture and couture dresses.

From luxury car manufacturer Ferrari to fashion brands Ralph Lauren and Balenciaga, cryptocurrency is making its way into the luxury sector.