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The News In Brief

Luxury

Gucci in Talks With F1 Team Alpine Over Sponsorship Deal

Kering CEO Luca de Meo previously helmed Alpine’s majority owner Renault, where he utilised F1 to elevate Alpine’s global profile.

Luxury

Gucci in Talks With F1 Team Alpine Over Sponsorship Deal

Kering CEO Luca de Meo previously helmed Alpine’s majority owner Renault, where he utilised F1 to elevate Alpine’s global profile.


Retail

Reports: Shein Acquires Everlane

The Chinese e-commerce giant is buying the US apparel retailer from majority owner L Catterton at a steep discount to the valuations it commanded at the height of the e-commerce boom, Puck and The Information reported.

Retail

Reports: Shein Acquires Everlane

The Chinese e-commerce giant is buying the US apparel retailer from majority owner L Catterton at a steep discount to the valuations it commanded at the height of the e-commerce boom, Puck and The Information reported.


Luxury

Swatch Shuts Stores After Audemars Piguet Collaboration Sparks Frenzy

The Swiss watchmaker closed boutiques and cancelled the launch of the Royal Pop pocket watch on Saturday after crowds swarmed stores around the world including the UK, France and Singapore, prompting safety concerns.

Luxury

Swatch Shuts Stores After Audemars Piguet Collaboration Sparks Frenzy

The Swiss watchmaker closed boutiques and cancelled the launch of the Royal Pop pocket watch on Saturday after crowds swarmed stores around the world including the UK, France and Singapore, prompting safety concerns.


Sustainability

Milan Fashion Week Will Ask Brands Not to Show Fur

The National Chamber of Italian Fashion will no longer promote fur at events or on social media.

Sustainability

Milan Fashion Week Will Ask Brands Not to Show Fur

The National Chamber of Italian Fashion will no longer promote fur at events or on social media.


Luxury

Ferragamo Names Yigit Turhan Chief Brand Officer

The former Valentino CMO is set to take up the new role as Ferragamo pushes ahead with its turnaround efforts.

Luxury

Ferragamo Names Yigit Turhan Chief Brand Officer

The former Valentino CMO is set to take up the new role as Ferragamo pushes ahead with its turnaround efforts.


Retail

Brand Holding Firm NYC Alliance Acquires Derek Lam 10 Crosby

The transaction was for the womenswear label’s intellectual property.

Retail

Brand Holding Firm NYC Alliance Acquires Derek Lam 10 Crosby

The transaction was for the womenswear label’s intellectual property.


Retail

Gap Names Lourdes Arocho as SVP and Head of Licensing

The appointment comes as the retailer doubles down on its ‘fashiontainment’ strategy to bridge the gap between apparel and pop culture.

Retail

Gap Names Lourdes Arocho as SVP and Head of Licensing

The appointment comes as the retailer doubles down on its ‘fashiontainment’ strategy to bridge the gap between apparel and pop culture.


Luxury

Ferragamo Quarterly Sales Down Slightly

Efforts by the Italian label to streamline its product offer showed signs of paying off as sales increased in its own stores.

Luxury

Ferragamo Quarterly Sales Down Slightly

Efforts by the Italian label to streamline its product offer showed signs of paying off as sales increased in its own stores.


Beauty

Boots Appoints New CEO Amid IPO Speculation

The UK pharmacy chain has chosen Alex Baldock, formerly of the technology retailer Currys, to lead the company as it prepares for a listing on the London Stock Exchange.

Beauty

Boots Appoints New CEO Amid IPO Speculation

The UK pharmacy chain has chosen Alex Baldock, formerly of the technology retailer Currys, to lead the company as it prepares for a listing on the London Stock Exchange.


Luxury

Watches of Switzerland Hits Record Driven by US Watch Collectors

Group revenues surged to a record last year and profit will come in higher than expected after strong sales in the vital US market.

Luxury

Watches of Switzerland Hits Record Driven by US Watch Collectors

Group revenues surged to a record last year and profit will come in higher than expected after strong sales in the vital US market.


Retail

US Retail Sales Increase Again in April, Partly Lifted by Higher Prices

First-quarter consumer spending rose at a 1.6 percent annualised rate, cooling from the October-December quarter’s 1.9 percent growth pace.

Retail

US Retail Sales Increase Again in April, Partly Lifted by Higher Prices

First-quarter consumer spending rose at a 1.6 percent annualised rate, cooling from the October-December quarter’s 1.9 percent growth pace.


Luxury

Burberry’s Cautious Outlook Disappoints After Sales Boost

Accelerating sales at the British fashion brand showed Burberry CEO Joshua Schulman’s focus on signature scarves and trench coats is paying off.

Luxury

Burberry’s Cautious Outlook Disappoints After Sales Boost

Accelerating sales at the British fashion brand showed Burberry CEO Joshua Schulman’s focus on signature scarves and trench coats is paying off.