The News In Brief
Amazon Blasts Saks Funding Deal, Says Equity Is ‘Worthless’
Amazon is challenging Saks Global’s foray into Chapter 11, saying that its equity investment in the now bankrupt business is ‘presumptively worthless.’
Amazon Blasts Saks Funding Deal, Says Equity Is ‘Worthless’
Amazon is challenging Saks Global’s foray into Chapter 11, saying that its equity investment in the now bankrupt business is ‘presumptively worthless.’
CFDA Releases New York Fashion Week Schedule
The week will include Rachel Scott’s first runway for Proenza Schouler; while Raul Lopez’s Luar has opted not to show.
CFDA Releases New York Fashion Week Schedule
The week will include Rachel Scott’s first runway for Proenza Schouler; while Raul Lopez’s Luar has opted not to show.
Italian Judge Acquits Influencer Chiara Ferragni Over Charity Fraud Claims
The fashion influencer with over 28 million followers was fined almost $1.14 million in 2023 on charges of fraud over allegedly misleading claims linked to charity sales of Ferragni-branded Pandoro Christmas cakes.
Italian Judge Acquits Influencer Chiara Ferragni Over Charity Fraud Claims
The fashion influencer with over 28 million followers was fined almost $1.14 million in 2023 on charges of fraud over allegedly misleading claims linked to charity sales of Ferragni-branded Pandoro Christmas cakes.
Diesel Names Andrea Rigogliosi New CEO
The former Prada Group executive will succeed Eraldo Poletto, who left the company in 2023.
Diesel Names Andrea Rigogliosi New CEO
The former Prada Group executive will succeed Eraldo Poletto, who left the company in 2023.
Tatcha Names New CEO
The Japanese-inspired luxury skincare brand has appointed Diane Kim as its new chief executive officer, following the departure of Mary Yee in Oct. 2025.
Tatcha Names New CEO
The Japanese-inspired luxury skincare brand has appointed Diane Kim as its new chief executive officer, following the departure of Mary Yee in Oct. 2025.
Who What Wear UK Appoints Jane McFarland Editor in Chief
She succeeded Hannah Almassi, who joined parent company Future Plc as managing director of women’s UK last July.
Who What Wear UK Appoints Jane McFarland Editor in Chief
She succeeded Hannah Almassi, who joined parent company Future Plc as managing director of women’s UK last July.
Report: Saks Global Nearing $1.75 Billion Financing Plan Ahead of Bankruptcy Filing
The financing would provide an immediate cash infusion of $1 billion through a debtor-in-possession loan from an investor group led by Pentwater Capital Management and Bracebridge Capital, Reuters reported.
Report: Saks Global Nearing $1.75 Billion Financing Plan Ahead of Bankruptcy Filing
The financing would provide an immediate cash infusion of $1 billion through a debtor-in-possession loan from an investor group led by Pentwater Capital Management and Bracebridge Capital, Reuters reported.
Report: Richard Baker to Exit Saks Global; Geoffroy van Raemdonck Waiting in the Wings
The CEO is departing less than two weeks after taking over the top job as the beleaguered luxury conglomerate he created prepares to restructure under bankruptcy court protection.
Report: Richard Baker to Exit Saks Global; Geoffroy van Raemdonck Waiting in the Wings
The CEO is departing less than two weeks after taking over the top job as the beleaguered luxury conglomerate he created prepares to restructure under bankruptcy court protection.
Meta and EssilorLuxottica Discuss Doubling Output of AI Glasses
The companies are discussing potentially doubling production capacity for their AI-powered smart glasses as demand surges for the Ray-Ban Meta frames.
Meta and EssilorLuxottica Discuss Doubling Output of AI Glasses
The companies are discussing potentially doubling production capacity for their AI-powered smart glasses as demand surges for the Ray-Ban Meta frames.
Roksanda Appoints Patricia Sancho as Chief Executive Officer
The former Temperley executive will assume the position of CEO effective immediately.
Roksanda Appoints Patricia Sancho as Chief Executive Officer
The former Temperley executive will assume the position of CEO effective immediately.
Cucinelli Q4 Revenue Rises 12%, Lifted by the Americas and Asia
The Italian group, the first in the luxury sector to report, confirmed its outlook for a revenue gain of 10 percent this year, but was more cautious for 2027 and 2028.
Cucinelli Q4 Revenue Rises 12%, Lifted by the Americas and Asia
The Italian group, the first in the luxury sector to report, confirmed its outlook for a revenue gain of 10 percent this year, but was more cautious for 2027 and 2028.
Lululemon Rises as Holiday Sales Show Signs of Rebound
The yogawear company sees fourth-quarter sales at the higher end of its guidance, a sign the brand is regaining some momentum following a series of disappointing results.
Lululemon Rises as Holiday Sales Show Signs of Rebound
The yogawear company sees fourth-quarter sales at the higher end of its guidance, a sign the brand is regaining some momentum following a series of disappointing results.