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The News In Brief

Beauty

Skincare Brand Prequel Appoints C-Suite

The dermatologist-developed label has named Nathalie Kristo as its first chief executive officer and Toral Patel as chief marketing officer.

Beauty

Skincare Brand Prequel Appoints C-Suite

The dermatologist-developed label has named Nathalie Kristo as its first chief executive officer and Toral Patel as chief marketing officer.


Luxury

Moncler Group Second-Quarter Sales Rise 5% as Stone Island Brand Outperforms

Stone Island’s strong performance helped offset slower growth at the Moncler brand, as the group continues its push to become less dependent on its iconic winter outerwear.

Luxury

Moncler Group Second-Quarter Sales Rise 5% as Stone Island Brand Outperforms

Stone Island’s strong performance helped offset slower growth at the Moncler brand, as the group continues its push to become less dependent on its iconic winter outerwear.


Luxury

Mulberry Quarterly Sales Jump 23% as Turnaround Gathers Pace

The British luxury handbag maker reported a strong start to fiscal 2027 as CEO Andrea Baldo’s strategy gains traction and the brand gears up for designer Christopher Kane’s runway debut in September.

Luxury

Mulberry Quarterly Sales Jump 23% as Turnaround Gathers Pace

The British luxury handbag maker reported a strong start to fiscal 2027 as CEO Andrea Baldo’s strategy gains traction and the brand gears up for designer Christopher Kane’s runway debut in September.


Luxury

Phillip Lim Announces New Brand PlayLoveWin

The designer departed his namesake label 3.1 Phillip Lim in November 2024 to pursue personal projects.

Luxury

Phillip Lim Announces New Brand PlayLoveWin

The designer departed his namesake label 3.1 Phillip Lim in November 2024 to pursue personal projects.


Retail

Mike Ashley’s Frasers Boosts Hugo Boss Stake to Over 30%

After crossing the 30 percent ownership threshold, Frasers is now required to make a mandatory takeover bid under German rules.

Retail

Mike Ashley’s Frasers Boosts Hugo Boss Stake to Over 30%

After crossing the 30 percent ownership threshold, Frasers is now required to make a mandatory takeover bid under German rules.


Media

France Passes Bill to Ban Social Media for Children Under 15

Kids under 15 years old won’t be able to create new accounts from September before a full ban comes into effect in January for existing profiles.

Media

France Passes Bill to Ban Social Media for Children Under 15

Kids under 15 years old won’t be able to create new accounts from September before a full ban comes into effect in January for existing profiles.


Marketing

Nike Football Boss Says World Cup Final ‘Not What We Dreamed’

In a memo reviewed by Bloomberg News, Nike’s vice president and general manager of football acknowledged the tournament’s ending wasn’t the one the company hoped for.

Marketing

Nike Football Boss Says World Cup Final ‘Not What We Dreamed’

In a memo reviewed by Bloomberg News, Nike’s vice president and general manager of football acknowledged the tournament’s ending wasn’t the one the company hoped for.


Luxury

Swatch Reports Better First-Half Sales but Misses Profit Forecasts

Net ​sales rose 8.5 percent year on year ​at constant exchange rates, but the Swiss group’s profit was hit by negative currency effects.

Luxury

Swatch Reports Better First-Half Sales but Misses Profit Forecasts

Net ​sales rose 8.5 percent year on year ​at constant exchange rates, but the Swiss group’s profit was hit by negative currency effects.


Retail

Primark Cuts Prices Ahead of Split From AB Foods

The budget fashion chain said it would reduce prices by up to 29 percent across hundreds of ⁠products, seeking to improve trading ahead ⁠of next year’s spin off.

Retail

Primark Cuts Prices Ahead of Split From AB Foods

The budget fashion chain said it would reduce prices by up to 29 percent across hundreds of ⁠products, seeking to improve trading ahead ⁠of next year’s spin off.


Retail

Fast Retailing’s GU Unveils First Collection by Francesco Risso

GU, a lower-priced counterpart to Uniqlo, is betting a former luxury fashion designer can help turn $18 jeans into global success.

Retail

Fast Retailing’s GU Unveils First Collection by Francesco Risso

GU, a lower-priced counterpart to Uniqlo, is betting a former luxury fashion designer can help turn $18 jeans into global success.


Luxury

Chanel Says It Is Cooperating in Italy Labour Probe, Has Cut Ties With Subcontractor

The French fashion house said cut ties weeks ago with the subcontractor concerned, instructing its packaging supplier to end the relationship two days after receiving an alert on May 18.

Luxury

Chanel Says It Is Cooperating in Italy Labour Probe, Has Cut Ties With Subcontractor

The French fashion house said cut ties weeks ago with the subcontractor concerned, instructing its packaging supplier to end the relationship two days after receiving an alert on May 18.


Luxury

Italian Police Visit Fashion Firms Including Cucinelli and Moncler in Labour Probe

Police visited nine high-end fashion firms as part of an investigation into alleged exploitation of ‌workers at subcontractors.

Luxury

Italian Police Visit Fashion Firms Including Cucinelli and Moncler in Labour Probe

Police visited nine high-end fashion firms as part of an investigation into alleged exploitation of ‌workers at subcontractors.