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The News In Brief

Luxury

Gucci Pushes Into F1 With Renault Alpine Deal

The partnership is the latest in a string of high-profile moves by Gucci to boost visibility, engage clients and revive sales after years of decline.

Luxury

Gucci Pushes Into F1 With Renault Alpine Deal

The partnership is the latest in a string of high-profile moves by Gucci to boost visibility, engage clients and revive sales after years of decline.


Retail

Abercrombie & Fitch Beats Quarterly Profit Estimates on Steady US Demand

The upbeat results echoed those of other brands offering aspirational apparel at accessible prices as demand for affordable luxury remains resilient.

Retail

Abercrombie & Fitch Beats Quarterly Profit Estimates on Steady US Demand

The upbeat results echoed those of other brands offering aspirational apparel at accessible prices as demand for affordable luxury remains resilient.


Beauty

Bath & Body Works Beats Estimates on Demand for ‘Affordable Luxury’

The US fragrance chain upheld its full-year guidance and announced first-quarter sales above analyst estimates alongside the departure of its chief financial officer.

Beauty

Bath & Body Works Beats Estimates on Demand for ‘Affordable Luxury’

The US fragrance chain upheld its full-year guidance and announced first-quarter sales above analyst estimates alongside the departure of its chief financial officer.


Sports

Lululemon Ends Proxy Battle With Founder Chip Wilson

The deal gives Wilson two board picks in exchange for his pledge to refrain from disparaging the company for 18 months.

Sports

Lululemon Ends Proxy Battle With Founder Chip Wilson

The deal gives Wilson two board picks in exchange for his pledge to refrain from disparaging the company for 18 months.


Retail

Everlane Founder Michael Preysman Teases New Fashion Brand

The announcement comes less than a week after Everlane confirmed its acquisition by ultra-fast-fashion giant Shein.

Retail

Everlane Founder Michael Preysman Teases New Fashion Brand

The announcement comes less than a week after Everlane confirmed its acquisition by ultra-fast-fashion giant Shein.


Retail

Mango Founder’s Son Steps Down Amid Homicide Investigation

Jonathan Andic, who co-owns the Spanish company with his two siblings, announced he would ‘momentarily’ depart from his role as vice chairman of the board.

Retail

Mango Founder’s Son Steps Down Amid Homicide Investigation

Jonathan Andic, who co-owns the Spanish company with his two siblings, announced he would ‘momentarily’ depart from his role as vice chairman of the board.


Luxury

Tod’s CEO Leaves Italian Label Less Than Two Years in Role

John Galantic departed the company at the end of April, citing personal reasons. A successor has not been named.

Luxury

Tod’s CEO Leaves Italian Label Less Than Two Years in Role

John Galantic departed the company at the end of April, citing personal reasons. A successor has not been named.


Media

The Face Magazine Plans ‘Return’ Following Sale to C86 Holdings

The heritage British style magazine was sold to a Singapore-based music entrepreneur who also owns the British music magazine NME.

Media

The Face Magazine Plans ‘Return’ Following Sale to C86 Holdings

The heritage British style magazine was sold to a Singapore-based music entrepreneur who also owns the British music magazine NME.


Luxury

Givenchy Names Marco De Vincenzo as Head of Leather Goods Design

The Italian designer will work under creative director Sarah Burton as the house seeks to strengthen one of its most important commercial categories.

Luxury

Givenchy Names Marco De Vincenzo as Head of Leather Goods Design

The Italian designer will work under creative director Sarah Burton as the house seeks to strengthen one of its most important commercial categories.


Beauty

Estée Lauder Exits Puig Talks With Firepower for Selective M&A

Analysts called the move prudent and said it left the US firm with more flexibility to pursue other ‌acquisitions.

Beauty

Estée Lauder Exits Puig Talks With Firepower for Selective M&A

Analysts called the move prudent and said it left the US firm with more flexibility to pursue other ‌acquisitions.


Beauty

Master Perfumer Olivier Creed Has Died

The sixth-generation leader of the company and creator of the blockbuster Aventus perfume has died, the company confirmed on Wednesday.

Beauty

Master Perfumer Olivier Creed Has Died

The sixth-generation leader of the company and creator of the blockbuster Aventus perfume has died, the company confirmed on Wednesday.


Retail

Zara Bets on Bad Bunny Once More in Brand Expansion Push

The Puerto Rican singer wore Zara during his Super Bowl performance and at the Met Gala this year. Now, the duo is partnering to launch a 150-piece collection.

Retail

Zara Bets on Bad Bunny Once More in Brand Expansion Push

The Puerto Rican singer wore Zara during his Super Bowl performance and at the Met Gala this year. Now, the duo is partnering to launch a 150-piece collection.