Latest News & Analysis
Armani Succession Plan, Always Mysterious, Is About to Get Tested
With Giorgio Armani’s death come questions about whether his chosen successors can avoid ‘rupture’ and maintain the Italian fashion empire’s independence.
A Prequiem for Giorgio Armani
Tim Blanks wrote an elegy for Mr Armani when he was still alive to read it.
Giorgio Armani’s Multi-Dimensional Legacy
Herald of soft masculinity, outfitter of the working women’s revolution, the designer who dressed New Hollywood… Armani made a titanic impact on fashion and society, writes Angelo Flaccavento.
Chloé’s Chief Sustainability Officer Departs
Aude Vergne, who spent nearly decade at the luxury brand and oversaw the label’s B Corp certification has left the company.
KKR Buys South Korea’s Samhwa in $528 Million Deal
The deal comes as South Korea’s cosmetics industry gains global popularity and ranks among the world’s top cosmetics exporters.
Giorgio Armani, Italy’s Fashion ‘King,’ Has Died
The designer was the richest in the world, and the sole owner of the Armani Group that was for many years the most successful fashion company in the country.
Revlon’s Turnaround Plan Starts With Its Oldest Brand
Two years after emerging from bankruptcy, one of America’s first beauty conglomerates, Revlon, is looking to the future starting, with the past. Beginning with Elizabeth Arden, the company hopes to regain its former shine.
Ulta Beauty CEO Details Mexico Store Locations, Brands
The retailer announced that it will open locations in Guadalajara, León, Tijuana and Monterrey with over 300 brands. 35 of those names, including Half Magic, Snif and a host of K-beauty brands, will be new to the market.
Unilever CEO Plans Shakeup of Top 200 Managers in Overhaul
At a Barclays investor conference on Wednesday, the consumer goods giant said it would review the roles as part of a “refresh” designed to cut costs and improve agility.
France Fines Shein $176 Million Over Tracking Cookies
A French commission fined the online retailer for placing some cookies on users’ computers even after they opted out, a decision Shein contested and plans to appeal.
American Eagle Is Sticking With Sydney Sweeney
The retailer plans to capitalise on the buzz around its Sydney Sweeney and Travis Kelce campaigns for the rest of the year. “This is a moment to take big swings,” said CMO Craig Brommers.
The Great Fashion Reset | When Will Luxury Bounce Back?
Persistent economic pressures in the key China and US markets are likely to complicate the industry’s efforts to turn things around. That doesn’t mean there aren’t opportunities to seize.