Condé Nast promotes Anna Wintour to Chief Content Officer
Condé Nast has promoted Vogue’s Anna Wintour to the newly created role of Chief Content Officer.
Kate Moss announced as cover star for January 2021 issue of Vogue; magazine promotes from within
Kate Moss has been announced as the cover star for the January 2021 issue of Vogue, with Julia Sarr-Jamois and Poppy Kain promoted to Vogue fashion directors.
UK retailer Debenhams goes into liquidation
UK retailer Debenhams is set to go into liquidation in the new year, a development that puts 12,000 jobs at risk and highlights the crisis on the UK high street, according to a report by The Financial Times.
LVMH targets digital growth with management reshuffle
LVMH has announced a series of senior appointments across its digital and selective retail arms, according to various reports published by WWD.
Halima Aden quits modelling over compromised beliefs
The star of a Fenty Beauty campaign, Halima Aden has called time on her modelling career, posting her reasons on her Instagram stories.
L Brands completes Victoria’s Secret reshuffle; names CEO
L Brands has announced several key leadership appointments at Victoria’s Secret. Martin Waters was named CEO of Victoria’s Secret Lingerie, replacing John Mehas.
Gucci Beauty teams up with Snapchat to launch new Portal Lens as part of Bloom Profumo di Fiori marketing promotion
Gucci Beauty has teamed up with Snapchat to launch a new Portal Lens as part of the marketing promotion for the new Gucci Bloom Profumo di Fiori fragrance.
Fall of the malls? Macy’s 3Q 2020 sales down 21 percent
Macy’s has reported its results for the third quarter of the current financial year. The US department store saw sales tumble 21 percent yoy to US$3,990 million and reported a loss of US$91 million, a far cry from the US$2 million net income reported in the same period last year.
THG announces new client wins and advances sustainability agenda with launch of THG Eco
THG has announced new partnerships in fashion and beauty as well as an accelerated sustainability focus with the launch of THG Eco.
UK Competition and Markets Authority to crack down on greenwashing
The UK Competition and Markets Authority (CMA) is set to turn its attention to the widespread practice of ‘greenwashing’, according to a report published by Bloomberg.
Chanel hikes up prices as ultra luxe booms
Chanel has upped its prices for the second time this year, according to a report published by Reuters.
Sales of Chanel-branded cotton pads sent stratospheric as TikTok trend spirals
A hack that’s gone viral on social media platform TikTok has sent sales of Chanel’s cotton make-up remover pads sky-high, according to a report published by the New York Post.
Amazon launches ‘Climate Pledge Friendly’ badge in Europe
Amazon is debuting its Climate Pledge Friendly program in Europe, unveiling some 40,000 products across France, Germany, Italy, Spain and the UK with one or more of its sustainability certifications.
LVMH and Tiffany tie up deal with new purchase price
The ongoing will they, won’t they saga of the LVMH-Tiffany buy out continues, with the jewellery maker now said to be willing to renegotiate on price in order to tie up the deal, according to the Financial Times.
Hermes announces return to growth in Q3
Hermes has announced that sales in the third quarter were up 7 percent at constant exchange rates yoy, driven by strong activity in the group’s stores, momentum in Asia and a significant improvement in all other geographical areas.
Gucci develops partnership with Genies; users to create personalized avatars
Gucci has expanded its relationship with Genies, with the tech company developing its 3-D Avatar software development kit to allow users to create personalized Genies Avatars.
LVMH Q3: cosmetics slump continues as group sales drop 7 percent
LVMH says it has seen a significant improvement in trends in the third quarter of 2020 however, the owner of Louis Vuitton and Givenchy still experienced a 7 percent drop in revenue in Q3 versus the same period in 2019.
COVID-19 could wipe US$35 billion brand value from top brands but cosmetics unscathed
The GVC could wipe brand value equivalent to US$35 billion from the world’s 50 top luxury and premium brands, according to a report released by Brand Finance.
Hudson’s Bay names first Vice President for Diversity and Inclusion
Hudson’s Bay has announced the landmark appointment of its first Diversity and Inclusion executive, effective November 23, according to a report published by WWD.
Chanel and Tribeca take Through Her Lens filmmaker program online
Tribeca and Chanel have reaffirmed their commitment to creating new opportunities for women filmmakers, announcing a virtual gathering for the sixth annual Through Her Lens: The Tribeca Chanel Women’s Filmmaker Program.
We’ll create 25 billion-dollar brands: LVMH Group Chairman to set up Asia-focused private equity fund
Chairman Emeritus of L Catterton Asia and Group Chairman, LVMH South and South East Asia and Australia & New Zealand, Ravi Thakran is poised to launch his own private equity fund, according to a report published by the Financial Times.
H&M receives fine for employee surveillance in GDPR breach
Fashion and beauty retailer H&M has been fined €35.3m (£32.1m) for GDPR breaches after it was found to have carried out illegal surveillance on several hundred employees.
Turkey e-commerce giant Trendyol enters European market with new website
Turkey’s e-commerce giant Trendyol has entered the European market with a new website that will serve 27 countries.
Chanel purchases Bond Street store for £310 million
Chanel has reportedly purchased its Bond Street store for £310 million, in a show of confidence fo retail in London.
Victoria Beckham debuts Posh lipstick range
Victoria Beckham has launched a range of lipsticks named for her Spice Girl moniker, Posh.
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