Latest News & Analysis
Italian Judge Acquits Influencer Chiara Ferragni Over Charity Fraud Claims
The fashion influencer with over 28 million followers was fined almost $1.14 million in 2023 on charges of fraud over allegedly misleading claims linked to charity sales of Ferragni-branded Pandoro Christmas cakes.
Diesel Names Andrea Rigogliosi New CEO
The former Prada Group executive will succeed Eraldo Poletto, who left the company in 2023.
Tatcha Names New CEO
The Japanese-inspired luxury skincare brand has appointed Diane Kim as its new chief executive officer, following the departure of Mary Yee in Oct. 2025.
The Techniques and Technologies of the World’s Top Skincare Experts
Professionals like the aesthetician Keren Bartov and the dermatologist Dissapong Panithaporn have attracted an international clientele to their clinics, relying on the latest technology to achieve better, more instantaneous beauty results. But others say their hands are skilled enough.
Saks’ Downfall Is a Make-or-Break Moment for Macy’s
Macy’s Inc. has a once-in-a-lifetime opportunity to siphon some of Saks' beauty and fashion share, writes Andrea Felsted.
Saks Global Files for Bankruptcy After Monthslong Hunt for Cash
The Chapter 11 filing comes just over a year after the retailer acquired Neiman Marcus and Bergdorf Goodman. The combined company struggled almost from the start amid sinking sales and fraught relations with vendors and creditors.
How Watchmakers Are Dealing With Soaring Gold Prices
As gold tops $4,600 per ounce, executives including Breitling CEO Georges Kern are bracing for a hit to margins. Solutions range from seeking new materials to raising prices or postponing gold purchases.
Who What Wear UK Appoints Jane McFarland Editor in Chief
She succeeded Hannah Almassi, who joined parent company Future Plc as managing director of women’s UK last July.
How Brands Avoid the Brick-and-Mortar Trap
Some retailers are closing stores after opening too many in the wake of the pandemic. Those that are plowing ahead are taking a more deliberate approach — even if it means waiting years for a spot on the perfect block to open up.
Report: Saks Global Nearing $1.75 Billion Financing Plan Ahead of Bankruptcy Filing
The financing would provide an immediate cash infusion of $1 billion through a debtor-in-possession loan from an investor group led by Pentwater Capital Management and Bracebridge Capital, Reuters reported.
Report: Richard Baker to Exit Saks Global; Geoffroy van Raemdonck Waiting in the Wings
The CEO is departing less than two weeks after taking over the top job as the beleaguered luxury conglomerate he created prepares to restructure under bankruptcy court protection.
Meta and EssilorLuxottica Discuss Doubling Output of AI Glasses
The companies are discussing potentially doubling production capacity for their AI-powered smart glasses as demand surges for the Ray-Ban Meta frames.