Zegna Revenues Rise 7.4%
The Italian luxury group’s first-quarter performance surpassed market expectations powered by solid growth in direct-to-consumer sales in the US.
Leadership
Latest News & Analysis
Sports
Opinion: Lululemon’s CEO Choice Is a Missed Chance to Pacify Elliott
It’s difficult to see why the company didn’t select investor Elliott’s preferred candidate, Ralph Lauren Corp.’s Jane Nielsen, writes Andrea Felsted.
Opinion: Lululemon’s CEO Choice Is a Missed Chance to Pacify Elliott
It’s difficult to see why the company didn’t select investor Elliott’s preferred candidate, Ralph Lauren Corp.’s Jane Nielsen, writes Andrea Felsted.
Luxury
Kering’s Strategy Reveal, Examined
CEO Luca de Meo outlined manufacturing synergies, threw cold water on the group’s Valentino acquisition and shared some stealthy forecasts for Gucci’s growth as part of a sweeping strategy overhaul. Will it work?
Kering’s Strategy Reveal, Examined
CEO Luca de Meo outlined manufacturing synergies, threw cold water on the group’s Valentino acquisition and shared some stealthy forecasts for Gucci’s growth as part of a sweeping strategy overhaul. Will it work?
Luxury
Can Dolce & Gabbana Stay Independent?
The very strategy the Italian luxury house used to maintain its fiercely guarded independence — funding expansion through debt instead of selling equity — is putting pressure on the company as it attempts to navigate a punishing sector-wide slowdown.
Can Dolce & Gabbana Stay Independent?
The very strategy the Italian luxury house used to maintain its fiercely guarded independence — funding expansion through debt instead of selling equity — is putting pressure on the company as it attempts to navigate a punishing sector-wide slowdown.
Luxury
Luca de Meo’s Gucci Challenge
Seven months into his tenure, Kering’s new CEO has stabilised the company’s finances, but his primary challenge remains reviving growth at flagship brand Gucci.
Luca de Meo’s Gucci Challenge
Seven months into his tenure, Kering’s new CEO has stabilised the company’s finances, but his primary challenge remains reviving growth at flagship brand Gucci.
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Luxury
Dolce & Gabbana Appoints Stefano Cantino as Co-CEO
The recruitment of the former Gucci, Louis Vuitton and Prada executive follows the resignation of Stefano Gabbana as chairman in December.
Dolce & Gabbana Appoints Stefano Cantino as Co-CEO
The recruitment of the former Gucci, Louis Vuitton and Prada executive follows the resignation of Stefano Gabbana as chairman in December.
Luxury
Dolce & Gabbana Co-Founder Resigned as Chair
The company confirmed the resignation, saying it had ‘no impact whatsoever on the creative activities carried out by Stefano Gabbana.’ According to sources, the mogul is considering options for his roughly 40-percent stake in the Italian fashion brand ahead of negotiations with creditors.
Dolce & Gabbana Co-Founder Resigned as Chair
The company confirmed the resignation, saying it had ‘no impact whatsoever on the creative activities carried out by Stefano Gabbana.’ According to sources, the mogul is considering options for his roughly 40-percent stake in the Italian fashion brand ahead of negotiations with creditors.
Luxury
How to Bring Back a Beloved Watchmaker: The Resurrection of Universal Genève
Breitling CEO Georges Kern wanted to add more to his company’s offering to satisfy its private equity ownership. So he dug into history to find one of the watch collecting community’s favourite lost brands.
How to Bring Back a Beloved Watchmaker: The Resurrection of Universal Genève
Breitling CEO Georges Kern wanted to add more to his company’s offering to satisfy its private equity ownership. So he dug into history to find one of the watch collecting community’s favourite lost brands.
Global Markets
Worldview | Shanghai Fashion Week Courts Global Attention
This week’s round-up of global markets fashion business news also features Romanian designers, Colombia’s Inexmoda and the downturn at Dubai mall department stores.
Worldview | Shanghai Fashion Week Courts Global Attention
This week’s round-up of global markets fashion business news also features Romanian designers, Colombia’s Inexmoda and the downturn at Dubai mall department stores.
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Luxury
‘Optimistic, Clear, Grounded’: Courrèges Plots New Chapter With Drew Henry
Henry, a Central Saint Martins graduate who worked at Phoebe Philo’s Celine, JW Anderson and Burberry, will succeed Nicolas Di Felice as artistic director of the Artémis-owned fashion house.
‘Optimistic, Clear, Grounded’: Courrèges Plots New Chapter With Drew Henry
Henry, a Central Saint Martins graduate who worked at Phoebe Philo’s Celine, JW Anderson and Burberry, will succeed Nicolas Di Felice as artistic director of the Artémis-owned fashion house.
Sports
Grace Ladoja Talks About Her Roots With New Nike Collab
Grace Ladoja has played multiple behind-the-scenes roles in the past with Nike. But in April, she’s launching her own footwear collaboration with the brand for the first time.
Grace Ladoja Talks About Her Roots With New Nike Collab
Grace Ladoja has played multiple behind-the-scenes roles in the past with Nike. But in April, she’s launching her own footwear collaboration with the brand for the first time.
Workplace & Talent
Does Your Brand Need a Chief AI Officer?
The role is one of several new titles that are becoming increasingly common in fashion’s senior ranks, as the industry pivots to face new challenges and opportunities.
Does Your Brand Need a Chief AI Officer?
The role is one of several new titles that are becoming increasingly common in fashion’s senior ranks, as the industry pivots to face new challenges and opportunities.
Luxury
A Tall To-Do List for New TAG Heuer CEO; Richemont’s Survival Recipe
New CEO Béatrice Goasglas’s experience in client relations and the US market will be put to the test at LVMH’s biggest watch brand TAG Heuer. Plus, a sit-down with two Richemont veterans Jaeger-LeCoultre CEO Jérôme Lambert and A. Lange & Söhne CEO Wilhelm Schmid.
A Tall To-Do List for New TAG Heuer CEO; Richemont’s Survival Recipe
New CEO Béatrice Goasglas’s experience in client relations and the US market will be put to the test at LVMH’s biggest watch brand TAG Heuer. Plus, a sit-down with two Richemont veterans Jaeger-LeCoultre CEO Jérôme Lambert and A. Lange & Söhne CEO Wilhelm Schmid.
The News in Brief
Inventory Clean-Up Helps Puma Beat First-Quarter Expectations
The German sportswear maker also announced it had appointed former Hugo Boss CEO Mark Langer as its chief financial officer, effective Friday.
Oil Prices Soar to Wartime High with US and Iran Stuck in Standoff
Brent oil surged to more than $126 a barrel on Thursday, before paring gains to $121.40 as traders factor in an even longer closure of the Strait of Hormuz.
Reliance Retail Acquires Priyanka Chopra Jonas’ Hair Care Brand Anomaly
The company will leverage its omnichannel network to scale the label, citing India as a priority market.
Estée Lauder Considers Bid for Puig at €18-19 per Share, Source Says
Cosmetics giant Estée Lauder is considering launching a takeover bid for all of Puig’s Class B shares at 18 to 19 euros ($21 to $22.20) a share, said a source close to the matter.
Unilever Sales Rise on Strong Demand in India, Brazil
The UK multinational’s sales rose more than expected as consumers in emerging markets snapped up its cleaning products and Dove soap, offsetting lacklustre demand in the US.
EBay Forecasts Second-Quarter Revenue Above Estimates
The company's strategy to pivot away from low-value, high-volume items is gaining traction.
LVMH Watch Boss Sees Jean Arnault as Best Candidate for His Role
Jean-Christophe Babin, the head of LVMH’s watch division, said he’s ready for a phased retirement.