By Reuters Published June 16, 2025 Francois-Henri Pinault‘s decision to hire Renault boss Luca de Meo is an audacious but necessary move to address the twin challenge of sagging sales and mounting debt at luxury group Kering, investors and industry players say. Luca de Meo – Reuters De Meo’s turnaround credentials were enhanced by his…
By Reuters Published June 16, 2025 Activist investor Barington Capital Group is pushing Victoria’s Secret to alter its board and end a recently adopted “poison pill” plan, according to a letter to the lingerie maker’s shareholders on Monday. See catwalkVictoria Secret – Spring-Summer2025 – Womenswear – New York – ©Launchmetrics/spotlight The New York-based hedge fund,…
By Bloomberg Published June 16, 2025 Shares of Coty Inc. jumped following a report the embattled cosmetics and perfume company is contemplating splitting up the business. Burberry The stock rose as much as 13% after Women’s Wear Daily said the company is in the early stages of a sale process, citing “multiple industry sources” it…
By Reuters Published June 16, 2025 John Hamer, president of Rodgers Wade Manufacturing in Paris, Texas, makes store fixtures for big retailers like Ross Dress for Less and Ulta Beauty. Reuters He sources many of the goods from China, which until recently meant he paid 70% in tariffs on metal fixtures. “The media was saying…
By Reuters Published June 16, 2025 Japanese sportswear giant Asics will ramp up India manufacturing to 40%from 30% over the next few years to ensure steady supply, a top executive told Reuters, as the country’s regulations force global brands to pause imports of footwear. Asics to boost India sportswear production to 40% amid import restrictions,…
Skincare brand Paula’s Choice has made its retail debut in the Indian market by partnering with omnichannel beauty retailer Nykaa. Paula’s Choice partners with Nykaa to strengthen India presence – Paula’s Choice With this partnership, the brand aims to expand its presence in India by enhancing accessibility to meet the growing demand for intelligent, results-driven…
Jimmy Choo has announced Chinese actor Bai Lu as the British stiletto maker’s new Asia-Pacific brand ambassador. Bai Lu – Courtesy Born in Changzhou, the 30-year-old actress is best known for her feature roles in dramas “Untouchable Lovers”, “The Legends“, “Arsenal Military Academy”, and “Love Is Sweet”, as well as “One and Only“, “Forever and Ever”,…
Her name is known worldwide. Elisa Johnson, daughter of legendary basketball player Magic Johnson, and sister to reality star EJ Johnson, is now trying to make a name for herself through her eponymous sunglasses brand. Elisa Johnson founder her namesake brand in 2021 – Elisa Johnson A student at New York’s Fashion Institute of Technology…
Procter & Gamble has announced the departure of Colin Walsh from the role of CEO of its specialty beauty division, effective August 1. Ouai John Brownlee, currently SVP of North America hair care, will absorb Walsh’s duties while retaining his existing responsibilities, according to a WWD report. Walsh took on the role as CEO of specialty…
Luxury brands Agnona and Same are each unveiling seasonal retail spaces in Saint-Tropez, bringing their distinct visions to the iconic French Riviera town. Agnona has reopened its seasonal boutique at 15 rue Henri Seillon. – Agnona Agnona has reopened its seasonal boutique at 15 rue Henri Seillon, offering a serene and intimate retail experience. A…
