Lululemon Sees Annual Revenue, Profit Below Estimates Amid Board, Demand Challenges
CEO Calvin McDonald stepped down in December following months of share price weakness and lack of design freshness.

Giambattista Valli combined his ladylike designs with running leggings. The look was both smart and a little odd, adding a welcome touch of nonchalance.

Giambattista Valli combined his ladylike designs with running leggings. The look was both smart and a little odd, adding a welcome touch of nonchalance.

The success of Guillaume Henry's mix of Parisian lady and Death Valley cowgirl sounds unlikely — but it worked.

The success of Guillaume Henry's mix of Parisian lady and Death Valley cowgirl sounds unlikely — but it worked.

Jonny Johansson got rid of both avant-garde pretence and overtly unnecessary styling to deliver a focused, winning line-up.

Jonny Johansson got rid of both avant-garde pretence and overtly unnecessary styling to deliver a focused, winning line-up.

Despite ticking boxes when it came to house codes, the collection trailed out as an over-decorated bohemian wardrobe with unlikely styling combinations.

Despite ticking boxes when it came to house codes, the collection trailed out as an over-decorated bohemian wardrobe with unlikely styling combinations.

Piccioli’s Valentino lingers in a world that represents princesses. But, whatever else, his princesses have spines.

Piccioli’s Valentino lingers in a world that represents princesses. But, whatever else, his princesses have spines.

If there have been recent seasons where it looked like Phoebe Philo had painted herself into a corner, here it felt like she’d been on a long holiday and shaken the monkeys out of the trees.

If there have been recent seasons where it looked like Phoebe Philo had painted herself into a corner, here it felt like she’d been on a long holiday and shaken the monkeys out of the trees.

There will probably always be those who attribute cynicism to Demna Gvasalia’s appropriations, but what was consolidated in this collection was a persuasive passion for what he does.

There will probably always be those who attribute cynicism to Demna Gvasalia’s appropriations, but what was consolidated in this collection was a persuasive passion for what he does.

David Koma should fine-tune his tone of voice and the house codes. He has the talent to do so, but this collection felt derivative.

David Koma should fine-tune his tone of voice and the house codes. He has the talent to do so, but this collection felt derivative.

The collection was more determined, more urgent and more commercial than past seasons, but lacked the indolent eroticism that usually powers Lemaire’s work.

The collection was more determined, more urgent and more commercial than past seasons, but lacked the indolent eroticism that usually powers Lemaire’s work.

Jun Takahashi is a cultural archeologist almost without equal. His latest Undercover collection was sublime.

Jun Takahashi is a cultural archeologist almost without equal. His latest Undercover collection was sublime.

Junya Watanabe’s sensational collection combined a DIY spirit with Glam and Punk youth cults.

Junya Watanabe’s sensational collection combined a DIY spirit with Glam and Punk youth cults.

Rei Kawakubo’s designs exploded the female form into primal shapes that looked as much Stone Age as they did Space Age.

Rei Kawakubo’s designs exploded the female form into primal shapes that looked as much Stone Age as they did Space Age.
CEO Calvin McDonald stepped down in December following months of share price weakness and lack of design freshness.
Jose Manuel Albesa will succeed Marc Puig, becoming the first non-family member to lead the Spanish conglomerate in more than 20 years.
The company has been hampered with disruptions to supply chains, elevated inflation, growing competition from low-cost manufacturers and trade tariffs.
The proposal would give companies the option to share results twice a year.
Kering’s newly created jewellery division regroups Boucheron, Pomellato, Dodo and Qeelin brands as the company aims to pool resources. The conglomerate is also regrouping fashion brand reporting, shielding smaller labels from investor scrutiny.
Saks is moving towards exiting bankruptcy and tapped an additional $300 million of its Chapter 11 financing package.
War in the Middle East, the luxury industry’s fastest-growing market, threatens to delay a long-expected rebound in demand.
The executive order directs the FTC chairman to prioritise enforcement of existing laws against sellers and manufacturers who falsely claim products are made in America.