Harper’s Bazaar to Launch Philippine Edition
Hearst Magazines International is partnering with Philippine media group AGC Power Holdings to launch the fashion title in November 2027.
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Fashion Week
Louis Vuitton Cruise 2018
See all the looks from the Louis Vuitton Cruise 2018 collection, shown at Kyoto's Miho Museum.
Fashion Week
Dior Goes West
Christian Dior’s first female creative director Maria Grazia Chiuri and chief executive Sidney Toledano reflect on the state of the storied house as it hosts a ‘Sauvage’-themed Cruise show in the Santa Monica Mountains.
Luxury
Op-Ed | For Richemont, There Can Be Such a Thing as Too Many Luxury Watches
Richemont's approach shows a continuation of the disciplined stance it took during the latest luxury downturn, buying back excess stock and cutting about 300 Swiss staff to curb costs.
Luxury
Richemont Shares Fall by 5 Percent After It Misses Profit Expectations
Shares in the luxury goods group fell 5.6 percent, after it said the trading environment would stay volatile. Richemont reported net profits fell below expectations but sales growth picked up towards the end of its fiscal year to March.
Financial Markets
Miroslava Duma Launches Fashion Tech Lab with $50 Million to Invest
The founder of Buro 24/7 is setting up a hybrid venture that is part investment fund, accelerator and experimental laboratory to commercialise new technologies and sustainable innovation for the fashion industry.
News & Analysis
Four American Fashion Houses Being Reshaped by Immigrants
That a Belgian, a Canadian-Korean, a Dominican, a Brit and a Scot are breathing new life into America’s most admired fashion brands underscores the country’s status as a nation of immigrants.
Retail
Report: Hudson's Bay Taps Debt Adviser To Review Neiman Marcus Bid
The move is the clearest indication yet that Neiman Marcus' $4.7 billion debt pile poses significant challenges to a merger with Hudson's Bay.
Fashion Week
At Prada Cruise, New Heights of Spiky Femininity
The collection was a fabulously feisty female manifesto to the world of old white men who go on grabbing at the headlines.
News & Analysis
Anna Wintour Receives Damehood at Buckingham Palace
Wintour was made a dame by Britain's Queen Elizabeth on Friday for services to fashion and journalism.
Luxury
LVMH's Arnault Joins French CEOs Backing Macron Over Le Pen
Bernard Arnault, chief executive officer of LVMH and France’s richest man, joined other business leaders in endorsing independent presidential candidate Emmanuel Macron against the National Front’s Marine Le Pen in the most consequential French election in recent history.
Luxury
Burberry to Move 300 Roles Out of London Headquarters
The British luxury brand said its new office in Leeds would open in October and would help to consolidate back-office operations and cut costs.
Workplace & Talent
Power Moves | Nordstrom Names CFO, Burberry Appoints CMO
This week, Nordstrom has appointed Anne Bramman as chief financial officer, and Judy Collinson has been named chief merchandising officer of Burberry.
The News in Brief
Sycamore Said to Near Deal to Sell Boots
The private equity firm is nearing a deal, valued at $9 billion, to sell the UK health and beauty retail business to the Canadian branch of the billionaire Weston family, a source told Bloomberg.
Pandora Opens World’s Largest Jewellery Factory in Vietnam
The $150 million plant is the Danish jewellers first outside of Thailand, part of a bid to diversify its manufacturing footprint and boost supply-chain resilience.
Luca de Meo Says Italy Remains Key, Rules Out Production Shift
The Kering CEO also denied any interest in buying a minority stake in Armani, adding that the group was focusing on other challenges.
H&M, Adidas and Inditex Back New Effort to Address ‘Waste Colonialism’
The new initiative will explore how the industry can take responsibility for the millions of used and unsold garments exported to secondhand markets around the world.
Dyson’s $499 AI Toothbrush Sees Rocky Debut
The UK firm blamed a production error resulting in ‘water seepage’ for the disappearance of its newly launched camera-equipped toothbrush from stores.
Sephora to Launch at Marks & Spencer
‘Sephora at M&S’ will roll out in M&S stores and online starting next spring, with plans to expand to 100 locations by the end of 2028.
Novo Buys Rights to Early Obesity Pill For $2.6 Billion
The Wegovy maker has signed a deal to license an experimental obesity pill from China’s Jiangsu Hengrui Pharmaceuticals as it seeks to regain share of the global GLP-1 market.