Shein Discloses FTC Probe in US, Warns of Significant Payments
According to documents the ultra-fast-fashion company filed in connection with its planned Hong Kong IPO, Shein is cooperating with the investigation and could face significant fines.
power-moves
News & Analysis
Power Moves | Alibaba Announces Jack Ma's Successor, Temperley London Names CEO
This week, Daniel Zhang will succeed founder Jack Ma as chairman of the board, while Sally Hughes has been named chief executive of Temperley London.
Power Moves | Alibaba Announces Jack Ma's Successor, Temperley London Names CEO
This week, Daniel Zhang will succeed founder Jack Ma as chairman of the board, while Sally Hughes has been named chief executive of Temperley London.
News & Analysis
Power Moves | Hermès Names VP of Press & Influence, JW Anderson Appoints CEO
This week, Hermès taps former Vanity Fair fashion director Michael Carl as vice president of press and influence, while Jenny Galimberti joins J.W. Anderson as its new chief executive.
Power Moves | Hermès Names VP of Press & Influence, JW Anderson Appoints CEO
This week, Hermès taps former Vanity Fair fashion director Michael Carl as vice president of press and influence, while Jenny Galimberti joins J.W. Anderson as its new chief executive.
Workplace & Talent
Power Moves | Lanvin Names CEO, Nina Ricci Appoints Creative Directors
Jean-Philippe Hecquet joins Lanvin as its new chief executive, while Nina Ricci taps Rushemy Botter and Lisi Herrebrugh as creative directors.
Power Moves | Lanvin Names CEO, Nina Ricci Appoints Creative Directors
Jean-Philippe Hecquet joins Lanvin as its new chief executive, while Nina Ricci taps Rushemy Botter and Lisi Herrebrugh as creative directors.
News & Analysis
Power Moves | Phillip Picardi Exits Condé Nast, Highsnobiety Hires Style Director
This week, Phillip Picardi has departed Condé Nast, while Jan-Michael Quammie has been appointed style director of Highsnobiety.
Power Moves | Phillip Picardi Exits Condé Nast, Highsnobiety Hires Style Director
This week, Phillip Picardi has departed Condé Nast, while Jan-Michael Quammie has been appointed style director of Highsnobiety.
News & Analysis
Power Moves | Harrods' New Accessories Director, Michael Kors Hires Communications VP
This week, Annalise Fard is promoted to oversee fine watches, jewellery and fashion accessories at Harrods, while Michael Kors taps Mona Swanson from Valentino.
Power Moves | Harrods' New Accessories Director, Michael Kors Hires Communications VP
This week, Annalise Fard is promoted to oversee fine watches, jewellery and fashion accessories at Harrods, while Michael Kors taps Mona Swanson from Valentino.
Workplace & Talent
Power Moves | Hearst Magazines Names CCO, Shopbop Appoints Brand President
This week, Kate Lewis succeeds chief content officer of Hearst Magazines, while Shopbop hires Shira Suveyke as brand president.
Power Moves | Hearst Magazines Names CCO, Shopbop Appoints Brand President
This week, Kate Lewis succeeds chief content officer of Hearst Magazines, while Shopbop hires Shira Suveyke as brand president.
News & Analysis
Power Moves | Salvatore Ferragamo's New CEO, Louise Trotter Departs Joseph
This week, Micaela Le Divelec Lemmi is named Salvatore Ferragamo's new chief executive, while Louise Trotter exits her role as creative director of Joseph.
Power Moves | Salvatore Ferragamo's New CEO, Louise Trotter Departs Joseph
This week, Micaela Le Divelec Lemmi is named Salvatore Ferragamo's new chief executive, while Louise Trotter exits her role as creative director of Joseph.
News & Analysis
Power Moves | Bally Names CMO, Nowness' Creative Partnerships and Strategy Director
This week, Bally appoints Eva Quirrenbach as chief marketing officer, while Dazed names the creative partnerships and strategy director for Nowness.
Power Moves | Bally Names CMO, Nowness' Creative Partnerships and Strategy Director
This week, Bally appoints Eva Quirrenbach as chief marketing officer, while Dazed names the creative partnerships and strategy director for Nowness.
News & Analysis
Power Moves | Robin Derrick Exits Spring Studios, Richemont Adds to Board of Directors
This week, Robin Derrick departs Spring Studios after 7 years, while Richemont nominates a new executive director.
Power Moves | Robin Derrick Exits Spring Studios, Richemont Adds to Board of Directors
This week, Robin Derrick departs Spring Studios after 7 years, while Richemont nominates a new executive director.
News & Analysis
Power Moves | French Couture Federation Reelects President, Snap Nominates Director
This week, the Fédération de la Haute Couture et de la Mode reelects Ralph Toledano as president, while Snap nominates Glossier's Poppy Thorpe as director.
Power Moves | French Couture Federation Reelects President, Snap Nominates Director
This week, the Fédération de la Haute Couture et de la Mode reelects Ralph Toledano as president, while Snap nominates Glossier's Poppy Thorpe as director.
News & Analysis
Power Moves | ASOS Names Chairman, Nyden Departure Raises Questions
This week, Asos names former ITV boss as next chairman, while the departure of Nyden's leader Oscar Olsson raises questions about the brand.
Power Moves | ASOS Names Chairman, Nyden Departure Raises Questions
This week, Asos names former ITV boss as next chairman, while the departure of Nyden's leader Oscar Olsson raises questions about the brand.
News & Analysis
Power Moves | Bergdorf Goodman Names President, Harrods Chief Merchant Exits
This week, Neiman Marcus Group hires Darcy Penick as president of Bergdorf Goodman, while Helen David departs Harrods after 10 years at the retailer.
Power Moves | Bergdorf Goodman Names President, Harrods Chief Merchant Exits
This week, Neiman Marcus Group hires Darcy Penick as president of Bergdorf Goodman, while Helen David departs Harrods after 10 years at the retailer.
The News in Brief
Frasers Group Takes a Position in Burberry
The billionaire Mike Ashley’s investment arm disclosed Tuesday it holds an interest worth a potential 4.2 percent of the voting rights in Burberry.
EssilorLuxottica Beats Forecasts, AI Glasses and Myopia Products Drive Growth
The Franco-Italian eyewear maker reported a 15 percent rise in first-half profit, beating expectations, while revenue growth was driven by strong demand for AI-enabled glasses myopia products.
Whoop Names Kyle Leahy Chief Commercial Officer
Leahy joins the wearables brand from Glossier, where she was chief executive for three years.
Chinese Jeweller Laopu Gold’s Shares Drop on Growth Outlook
The jeweller lost $2.1 billion in market value after forecasting first-half 2026 revenue growth of up to 66 percent, a sharp slowdown from last year that unsettled investors in one of China’s most viral consumer brands.
Unilever Lifts Outlook on Strongest Volume Growth in Over A Decade
Unilever upgraded its annual forecast on Tuesday, as consumers reached for brands like Vaseline and Dove despite household budget concerns stemming from the Iran war.
J&J to Pay $5.5 Billion to Settle Talc-Related Cancer Claims
Johnson & Johnson on Monday said it agreed to a $5.5 billion commitment to resolve years of litigation related to claims that its talc products caused ovarian cancer.
Lenzing Closes UK, Austria Sites in Turnaround Bid
The closures are the latest in a series of cost-cutting and refinancing measures at the textile maker, which has faced headwinds from competition in China and India.