Renowned British Hairstylist John Frieda Has Died
The hairdresser and founder had a career spanning more than half a century, working with the likes of Princess Diana and Madonna.
leadership
Luxury
Dunhill Names New CEO
The former De Beers CCO will join the Richemont-owned British menswear label in October, taking the reins from interim chief Andrew Holmes.
Sports
Swiss Shoemaker On Names New COO to Help Challenge Bigger Rivals
Scott Maguire has been appointed as COO as the company enters the final year of its three-year growth strategy.
Luxury
Silvia Venturini Fendi Steps Down as Creative Director
The designer will become honorary president of the Roman fur and leather goods house, said owner LVMH. A new creative configuration will be announced in ‘due time.’
Technology
The Tech Fashion Darling Accused of Swindling Investors Out of $300 Million
CaaStle pulled off one of the biggest financial heists in recent tech history, according to the SEC and DOJ. The company’s embattled CEO says there’s more to the story.
Luxury
Fashion’s Age of Uncertainty
Key business leaders had little to be optimistic about this week in Milan, though strong debuts at Gucci and Jil Sander delivered the creative energy the industry is banking on to help power a turnaround, writes Imran Amed.
Luxury
What Is Armani Group Worth? It’s Complicated
Giorgio Armani’s will stipulated that 15 percent of the company he founded must be sold by early 2027, but putting a price tag on the group is an inexact science.
Retail
Exclusive: The Inside Story of Carhartt WIP’s Fashion Ascent
In his first interview since taking over as CEO, Wilfried Atzert opens up about his rise from the shop floor to the top job, and his plans to grow the brand without losing its underground credibility.
Luxury
Mytheresa Sustains Profitable Growth Amid YNAP Merger
The German e-tailer’s net sales grew 12 percent in the final quarter of its fiscal 2025, but its newly acquired Net-a-Porter and Mr Porter saw continued declines during the same period.
Beauty
Revision Skincare Appoints CEO
Lisa Paley, formerly of health and consumer goods giant Haleon, will power the company’s next phase of growth with a focus on innovation and expansion.
Media
Tiffany Godoy to Step Down as Head of Editorial Content at Vogue Japan
Condé Nast Japan president Juna Kitada will also be stepping down at the end of the year.
Retail
Ssense Founders Join Sale Process for Troubled Retailer
Rami Atallah, chief executive of the embattled e-tailer, told employees on Sep. 17 that the company is set to be sold in early October, and announced a new round of layoffs.
Beauty
L’Oréal Names New Americas CEO, Appoints Chairman
Alexis Perakis-Valat, currently president of its consumer products division, will accede to the role, replacing David Greenberg who will become the company’s US chairman.
The News in Brief
Zalando Launches AI Shopping Agent as Discounts Squeeze Margins
Zalando reported a 0.9 percentage-point drop in its third-quarter gross profit margin to 38.7%, missing market expectations, according to analysts at Jefferies and JPMorgan.
Unilever Plans €1 Billion in Savings to Ramp Up Turnaround
The conglomerate is focussed on sharpening its positioning as a pure-play beauty and personal care organisation.
Indian Jeweller Giva Raises $100 Million to Fuel Retail Expansion
The Bengaluru-based company plans to use the mammoth funding round to boost manufacturing and more than double its store count to over 1,000 locations.
Bangladesh Garment Workers Stage Fourth Day of Wage Protests
The unrest has intensified despite the government forming a wage board to review pay levels, with violent clashes shuttering factories and injuring dozens of people.
Retail Still a Weak Spot as Reliance Profits Beat Expectations
The Indian oil-to-telecom giant saw its market value jump by a record $19 billion as earnings surged, but its retail division continues to lag.
Hugo Boss Cuts Outlook Citing Weak Demand, Higher Costs
The German fashion house, recently taken over by Britain’s Frasers Group, is in the midst of a second turnaround effort under CEO Daniel Grieder.
Diotima’s Rachel Scott, Ralph Lauren Take Home Top Prizes at CFDA Awards
Colleen Allen won the emerging designer of the year award; Tory Burch, Linda Fargo and more take home honours.