France’s Top Court Blocks Social Media Ban for Under-15s
France’s top court on Friday blocked a bill banning social media access for under-15s, saying it infringed upon freedom of expression.
leadership
Retail
Victoria’s Secret Nabs Rihanna Brand CEO to Lead Turnaround
Hillary Super will be Victoria’s Secret third leader in four years and brings nearly three decades of experience in retail, including as chief executive of Savage X Fenty.
Victoria’s Secret Nabs Rihanna Brand CEO to Lead Turnaround
Hillary Super will be Victoria’s Secret third leader in four years and brings nearly three decades of experience in retail, including as chief executive of Savage X Fenty.
Sports
Inside Nike’s Big Marketing Vibe Shift
The return of company veteran Nicole Hubbard Graham as CMO and the rollout of its ‘Winning Isn’t for Everyone’ campaign have helped fuel a push to restore Nike’s marketing glory after the brand ran off course. 'Do I think Nike stopped believing that the notion of winning could continue to grow this brand? Maybe.'
Inside Nike’s Big Marketing Vibe Shift
The return of company veteran Nicole Hubbard Graham as CMO and the rollout of its ‘Winning Isn’t for Everyone’ campaign have helped fuel a push to restore Nike’s marketing glory after the brand ran off course. 'Do I think Nike stopped believing that the notion of winning could continue to grow this brand? Maybe.'
Luxury
Cecilie Bahnsen Appoints New CEO
Mie Marie Ejdrup joins the label as chief executive officer, effective Sept. 1.
Cecilie Bahnsen Appoints New CEO
Mie Marie Ejdrup joins the label as chief executive officer, effective Sept. 1.
Marketing
True Religion’s Hip-Hop Powered Comeback
Even as the premium denim seller lost its hold on many consumers in the 2010s, hip-hop movers and shakers never wavered in their affinity for the horseshoe logo and signature thick stitching. That’s helping the brand mount a rebound today.
True Religion’s Hip-Hop Powered Comeback
Even as the premium denim seller lost its hold on many consumers in the 2010s, hip-hop movers and shakers never wavered in their affinity for the horseshoe logo and signature thick stitching. That’s helping the brand mount a rebound today.
Luxury
Balmain Appoints Bruna Scognamiglio Chief Marketing Officer
Balmain has named Bruna Scognamiglio chief marketing officer, effective Sept. 9. She succeeds Txampi Diz, who departed the Mayhoola-owned French house after nearly two decades in March, and will report to Balmain’s newly-appointed chief executive Matteo Sgarbossa.
Balmain Appoints Bruna Scognamiglio Chief Marketing Officer
Balmain has named Bruna Scognamiglio chief marketing officer, effective Sept. 9. She succeeds Txampi Diz, who departed the Mayhoola-owned French house after nearly two decades in March, and will report to Balmain’s newly-appointed chief executive Matteo Sgarbossa.
Luxury
Luxury Heir Alleges His $13 Billion Hermès Fortune Has Vanished
A Swiss court has dismissed Hermès heir Nicolas Puech’s claims against his former wealth manager over the alleged loss of his fortune, leaving the fate of his significant stake in the luxury brand uncertain.
Luxury Heir Alleges His $13 Billion Hermès Fortune Has Vanished
A Swiss court has dismissed Hermès heir Nicolas Puech’s claims against his former wealth manager over the alleged loss of his fortune, leaving the fate of his significant stake in the luxury brand uncertain.
Retail
Selfridges CEO Andrew Keith to Exit Amid Luxury Upheaval
Keith piloted the retailer during a sale to Thailand’s Central Group, as well as navigating Covid-19 lockdowns and a struggling UK luxury market.
Selfridges CEO Andrew Keith to Exit Amid Luxury Upheaval
Keith piloted the retailer during a sale to Thailand’s Central Group, as well as navigating Covid-19 lockdowns and a struggling UK luxury market.
Retail
J.Crew’s Unorthodox Olympics Moment
The American retailer was able to tap into the cachet of the world’s largest sporting event without being an official sponsor or licensee. The result was one of its most successful collaborations in recent memory.
J.Crew’s Unorthodox Olympics Moment
The American retailer was able to tap into the cachet of the world’s largest sporting event without being an official sponsor or licensee. The result was one of its most successful collaborations in recent memory.
Luxury
Bernard Arnault Confirms He Owns ‘Very Minor Stake’ in Richemont
News of the shareholding triggered questions around his intentions for the investment in the group which maintains a strong defense against unwanted suitors.
Bernard Arnault Confirms He Owns ‘Very Minor Stake’ in Richemont
News of the shareholding triggered questions around his intentions for the investment in the group which maintains a strong defense against unwanted suitors.
Luxury
Sergio Rossi Taps Paul Andrew as Creative Director
The designer brings “creative design expertise and forward-thinking approach,” the Italian footwear brand owned by Lanvin Group said.
Sergio Rossi Taps Paul Andrew as Creative Director
The designer brings “creative design expertise and forward-thinking approach,” the Italian footwear brand owned by Lanvin Group said.
Retail
Nike Hires Former Salesforce Executive as CIO in Tech Division Shakeup
Cheryan Jacob, who has also previously worked at Microsoft Corp. and Flexport Inc., was named Nike’s chief information officer this month, according to an internal memo.
Nike Hires Former Salesforce Executive as CIO in Tech Division Shakeup
Cheryan Jacob, who has also previously worked at Microsoft Corp. and Flexport Inc., was named Nike’s chief information officer this month, according to an internal memo.
The News in Brief
US, Canada Still See Sticking Points Before Deadline for 50% Tariffs
Canadian and US negotiators are working against an Aug. 19 deadline to avert 50 percent tariffs on Canadian goods. While discussions remain constructive, significant work is still required to resolve key trade disputes.
Another Lululemon Executive Exits Ahead of Incoming CEO
The departure of AI chief Ranju Das after less than a year in the role comes shortly after the chief strategy officer exited ahead of new chief executive Heidi O'Neill joining in September.
Court Lets Trump Halt Tariff Exemption for Low-Cost Goods
In a decision on Thursday, a US trade court refused to disturb executive orders that lifted the ‘de minimis’ exemption for goods with a retail value of $800 or less.
Samsonite Buys Stake in Béis for $178.5 Million
Founder and actress Shay Mitchell will retain a 15 percent stake in Béis, which will become a Samsonite subsidiary after the deal closes.
Tapestry Forecasts Strong Annual Profit as Coach Remains Hot
Resilient demand for Coach bags among young and affluent shoppers helped buoy the group, but weakness at Kate Spade led the company to forecast muted annual revenue.
US Seeks Sentence for Founder of Fashion-Tech Company CaaStle
Prosecutors compared Christine Hunsicker to Elizabeth Holmes as they sought a 12.5 year prison sentence in the $300 million securities fraud case.
Shein Loses UK Copyright Lawsuit Against Temu Over Clothing Photos
The ultra-fast fashion platform lost the first round of a London legal battle against its rival for alleged copyright infringement in relation to photos of some of its products.