Naomi Campbell Wins Appeal Against Charity Trustee Ban
A London tribunal ruled that the misuse of funds at the charity the supermodel founded had been concealed from her.
News & Analysis
Fashion News, Analysis and Business Intelligence from the leading digital authority on the global fashion industry.
Mansur Gavriel Sells Majority Stake to Private Equity Firm
GF Capital Management, the brand’s first outside investor, has a portfolio that includes Mark Cross and Oscar de la Renta.
Tapestry's CEO Is Out. What's Next?
Victor Luis, who abruptly exited the company Wednesday, led the recovery of Coach and the acquisitions of Kate Spade and Stuart Weitzman. But investors aren't convinced that the portfolio is primed for growth.
Thebe Magugu First LVMH Prize Recipient From Africa
South African designer Thebe Magugu has been awarded the LVMH Prize, and will receive €300,000 and a year-long mentorship.
La Perla to List in Paris
The luxury lingerie company is seeking to boost its visibility as it targets a Millennial audience.
Poshmark to Delay IPO Until 2020
The online resale platform had been one of several e-commerce companies looking to go public this year amid a wave of IPOs that included two online retailers in June.
European Fashion Brands Agree on New Deal in Bangladesh
The new Readymade Sustainability Council will unite trade unions to ensure compliance with work-place monitoring, replacing the Accord on Fire and Building Safety.
Ariana Grande Files $10 Million Trademark Lawsuit Against Forever 21
The singer sued the American retailer for copyright and trademark infringement, claiming misappropriation of around 30 images and videos for an ad campaign.
No-Deal Brexit May Cost the British Fashion Industry $1 Billion
As fashion relies on export revenues, a global supply chain and an international talent pool, a no-deal Brexit would hamstring the UK industry, said The British Fashion Council.
Op-Ed | Fashion Needs to Stop Dismissing ‘Made In India’
It is time to stop stigmatising brands because of where they’re made and blindly believing that ‘Made in the West' is always best.
Dior Pulls 'Sauvage' Campaign After Facing Appropriation Backlash
The campaign video immediately sparked criticism from viewers who saw the depiction of a Native American dancer as an instance of cultural appropriation.
Amazon and Indian Trader Group in Public Spat Over Discounts
The Confederation of All India Traders has issued concerns over the e-commerce giant's alleged circumvention of foreign investment rules.
Rihanna Takes Aim at Victoria’s Secret
The superstar’s Savage x Fenty lingerie line, which just raised $50 million in new funding, is gaining ground on the declining but still-dominant mall brand. Her inclusive, Amazon-streamed answer to the Victoria’s Secret Fashion Show could provide a boost.
THE NEWS IN BRIEF
Model Presley Gerber, Cindy Crawford’s Son, Dies Aged 27
The model had spoken publicly about a years-long struggle with depression and addiction.
EssilorLuxottica Managers Defend CEO After Heir Lashes Out
Twenty top lieutenants to CEO Francesco Milleri came to their boss’s defense in an escalating feud with Leonardo Maria Del Vecchio, a son of the founder who abruptly left a senior role at the company.
Arnault Drops Out of World’s Top 10 Richest as US Tech Dominates
The LVMH chairman’s net worth fell to $143 billion on Thursday, pulling him beneath Warren Buffett, Bloomberg reported.
EssilorLuxottica Starts Buyback to Bolster Stock After Heir Exit
The brand plans to buy back more than €800 million ($932 million) of stock, seeking to bolster investor confidence after a slide in its shares and the exit of an heir of the eyewear maker’s founder from his management roles.
US Consumer Confidence Hits Seven-Month Low on Worse Outlook
Looking ahead, consumers surveyed by the Conference Board expressed negative sentiment towards future job and income prospects.
EssilorLuxottica Founder’s Son Quits Management Roles After Reported Rift With CEO
Leonardo Maria Del Vecchio is stepping down as chairman of the Ray-Ban brand and as chief strategy officer, the company said, after reports of tensions with CEO Francesco Milleri.
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.