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 […]
Michael Kors and Lupita Nyong’o, the Academy Award-winning actress, held court at the United Nations on Monday morning to raise awareness of Watch Hunger Stop, the fashion brand’s global philanthropic campaign against hunger. Now entering its seventh year, Watch Hunger Stop supports the United Nations World Food Programme and its school meals program. Since its […]
PARIS — The order was for a kiss. They had their setting — a bridge in Paris, with extra curve, Venice-style. But how should the lovebirds move toward each other? According to a manager from a Van Cleef & Arpels watch production site in Switzerland, house teams puzzled a while over this part of the story […]
Richard Baker and his group of key Hudson Bay Co. shareholders have moved another step toward taking the retailer private. A special committee of HBC’s board has approved the latest offer by Baker and his group, which collectively own 57 percent of the company, to purchase the remaining 43 percent of the shares for $10.30 […]
PARIS — L’Oréal is delving deeper into the designer fragrance category after having signed an agreement to acquire the Mugler brands and Azzaro fragrances from Groupe Clarins. The activities — including Mugler, Thierry Mugler (fashion), Clarins Fragrance Group (or CFG), CFG France, Cosmeurop and CFG U.K. — generated about 340 million euros of sales last […]
TAIPEI — After an initial showing last December, Taipei Fashion Week hosted its second season this month, showcasing the works of more than two dozen brands in a series of runway shows and a concurrently running trade show. And while there were challenges and areas for improvement that can be expected of any new event, […]