Change is coming to the top of Nike Inc. Mark Parker will become executive chairman of the company and hand the titles of president and chief executive officer to John J. Donahoe 2nd, a member of the company’s board. The change takes effect Jan. 13. Donahoe, 59, has been a director at Nike since June […]
MILAN — The next generation will represent 80 percent of fashion and luxury consumers in 2035, according to a study by consulting firm Bain & Co., forcing the entire fashion pipeline to understand their values. The study also predicted these generations will help drive a 150 percent increase in the size of the sector over the […]
Rihanna has revealed her next project: a visual autobiography. Announcing the news on her Instagram account on Oct. 7, the musician and fashion and beauty mogul is releasing an autobiography, named “Rihanna,” that includes more than 1,050 images spanning Rihanna’s childhood in Barbados to her international tours and fashion and beauty businesses. Read More: Rihanna […]
MILAN — Florence and Milan-based Italian union groups are shining the spotlight on the future of the Roberto Cavalli brand and its employees. On Tuesday, Filctem Cgil and Femca Cisl lamented the fact that almost three months after the deadline set by a Milan judge to approve the so-called process of “composition with creditors,” a ruling […]
PARIS — Chanel and Luxottica Group have inked an early renewal of their eyewear license, the companies said Tuesday. A license for the development, production and global distribution of sunglasses and prescription frames under the Chanel brand has been renewed for another five years, effective Jan. 1 through Dec. 31, 2024. There’s an option to […]