Thom Bettridge to Step Down as I-D Editor in Chief
Global editorial director Steff Yotka will succeed Bettridge, who is leaving to focus on his creative studio Content World.
leadership
Sports
Britain’s JD Sports Says Nike ‘Doing All the Right Things’ to Lift Sales
Nike products comprise roughly 45 percent of JD Sports' sales.
Britain’s JD Sports Says Nike ‘Doing All the Right Things’ to Lift Sales
Nike products comprise roughly 45 percent of JD Sports' sales.
Technology
Executive Memo | Everything Fashion Executives Need to Know About AI
The industry’s top decision makers may know all the AI buzzwords, but too many are lacking fundamental knowledge about how the most consequential technology in a decade actually works.
Executive Memo | Everything Fashion Executives Need to Know About AI
The industry’s top decision makers may know all the AI buzzwords, but too many are lacking fundamental knowledge about how the most consequential technology in a decade actually works.
Retail
Report: Saks Global to Sell $1 Billion Stake in Bergdorf Goodman
The retailer is seeking an investor to take on 49 percent of the New York luxury retailer, according to the Wall Street Journal. Proceeds will go towards easing a heavy debt load less than a year after acquiring Neiman Marcus.
Report: Saks Global to Sell $1 Billion Stake in Bergdorf Goodman
The retailer is seeking an investor to take on 49 percent of the New York luxury retailer, according to the Wall Street Journal. Proceeds will go towards easing a heavy debt load less than a year after acquiring Neiman Marcus.
Luxury
What François-Henry Bennahmias Did Next
The former Audemars Piguet chief executive speaks exclusively to The Business of Fashion about the launch of his new venture, The Honourable Merchants Group.
What François-Henry Bennahmias Did Next
The former Audemars Piguet chief executive speaks exclusively to The Business of Fashion about the launch of his new venture, The Honourable Merchants Group.
Luxury
Francesca Bellettini to Lead Gucci, Kering Confirms
Kering’s co-deputy CEO for brand development is set to replace Stefano Cantino at the helm of the troubled Italian megabrand. Jean-Marc Duplaix, co-deputy CEO and chief operating officer, will retain his COO title as new chief executive Luca de Meo moves quickly to streamline the company’s leadership structure.
Francesca Bellettini to Lead Gucci, Kering Confirms
Kering’s co-deputy CEO for brand development is set to replace Stefano Cantino at the helm of the troubled Italian megabrand. Jean-Marc Duplaix, co-deputy CEO and chief operating officer, will retain his COO title as new chief executive Luca de Meo moves quickly to streamline the company’s leadership structure.
Retail
Gap Taps Reed Krakoff and John Demsey to Lead Push Into Accessories and Beauty
Gap Inc. said it plans to launch beauty at Old Navy this fall in 150 stores, including some in the form of shop-in-shops. Accessories will encompass handbags, jewellery and leather goods across its portfolio. But venturing into new categories will pose a risk for a retailer still in the early innings of a turnaround.
Gap Taps Reed Krakoff and John Demsey to Lead Push Into Accessories and Beauty
Gap Inc. said it plans to launch beauty at Old Navy this fall in 150 stores, including some in the form of shop-in-shops. Accessories will encompass handbags, jewellery and leather goods across its portfolio. But venturing into new categories will pose a risk for a retailer still in the early innings of a turnaround.
Retail
Taylor Hill Launches Jewellery Brand Stone Fruit
The Victoria’s Secret Angel co-founded the collection with her sister Mackinley Hill.
Taylor Hill Launches Jewellery Brand Stone Fruit
The Victoria’s Secret Angel co-founded the collection with her sister Mackinley Hill.
Beauty
Unilever Names Srinivas Phatak Chief Financial Officer
A longtime company insider, Phatak assumes the role amidst a period of organisational change at the UK consumer giant.
Unilever Names Srinivas Phatak Chief Financial Officer
A longtime company insider, Phatak assumes the role amidst a period of organisational change at the UK consumer giant.
Luxury
Ralph Lauren’s Next Chapter: Do More With More
At its first investor day since 2022, the brand will lay out a plan to build on its recent success, including expanding into 20 more cities and continuing to grow lucrative categories like handbags and outerwear.
Ralph Lauren’s Next Chapter: Do More With More
At its first investor day since 2022, the brand will lay out a plan to build on its recent success, including expanding into 20 more cities and continuing to grow lucrative categories like handbags and outerwear.
Global Markets
Princess Noura bint Faisal Al Saud Named CEO of Jay3lle
The Saudi fashion leader will helm the brand launched by J.Lindeberg founder Johan Lindeberg and his daughter Blue as it embarks on international expansion.
Princess Noura bint Faisal Al Saud Named CEO of Jay3lle
The Saudi fashion leader will helm the brand launched by J.Lindeberg founder Johan Lindeberg and his daughter Blue as it embarks on international expansion.
Luxury
Gucci CEO Said to Exit Amid Kering Shakeup
Kering deputy CEO Francesca Bellettini is set to replace Stefano Cantino at the helm of the troubled Italian megabrand, sources said, as new group chief executive Luca de Meo moves quickly to shake up the French conglomerate’s senior ranks.
Gucci CEO Said to Exit Amid Kering Shakeup
Kering deputy CEO Francesca Bellettini is set to replace Stefano Cantino at the helm of the troubled Italian megabrand, sources said, as new group chief executive Luca de Meo moves quickly to shake up the French conglomerate’s senior ranks.
Retail
Ssense Secures Approval to Continue Operating Independently
A court ruling on Friday has given the Canadian retailer a lifeline to proceed with a restructuring process, instead of being forced to sell its company to pay off debts.
Ssense Secures Approval to Continue Operating Independently
A court ruling on Friday has given the Canadian retailer a lifeline to proceed with a restructuring process, instead of being forced to sell its company to pay off debts.
The News in Brief
Under Armour Forecasts Steeper Annual Sales Decline
The athletic apparel maker is struggling with weak consumer demand amid macroeconomic uncertainty in its key North American market.
Skims to Enter India Through Partnership With Reliance Brands
The luxury arm of Reliance Retail will operate the Skims brand across physical and digital channels, beginning with Delhi and Mumbai.
Vogue World 2027 Will Be Held in San Francisco
The sixth edition of the annual runway spectacle will return to the US after this year's outing in Milan.
Capri Cuts Revenue Outlook as Iran War Hits Michael Kors Sales
Congestion at ports in Asia combined with weaker demand across Europe and emerging markets from the war hurt sales, the company said.
Sydney Towle, Influencer and Health Activist, Has Died
Towle, known for sharing her life as a young woman living with cancer, passed away aged 26 on Wednesday.
Ralph Lauren Beats Estimates on Demand From Affluent Shoppers
Strong sales among young and affluent shoppers helped drive quarterly revenue above analysts' expectations.
Kenvue Misses Estimates as Inflation, Tariffs Squeeze Margins
The US consumer health company and parent of Neutrogena narrowly missed Wall Street estimates for second-quarter results as tariffs and currency-related costs offset sales gains.