Puig Announces New CEO
xxxJose Manuel Albesa will succeed Marc Puig, becoming the first non-family member to lead the Spanish conglomerate in more than 20 years.
supply-chain
China
The China Edit | Yang Li, Koudai Gouwu, JD.com
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
The China Edit | Yang Li, Koudai Gouwu, JD.com
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
Marketing
Fashion’s B Corporations Blend Business with Social Good
NEW YORK, United States — According to dominant corporate thinking, a company's fundamental purpose is the single-minded pursuit of financial profit.
Fashion’s B Corporations Blend Business with Social Good
NEW YORK, United States — According to dominant corporate thinking, a company's fundamental purpose is the single-minded pursuit of financial profit.
Workplace & Talent
Stuart Weitzman, Master of Mid-Market Glamour
NEW YORK, United States — The Stuart Weitzman showroom, located in a nondescript office building next to the brand's flagship on Madison Avenue, is
Stuart Weitzman, Master of Mid-Market Glamour
NEW YORK, United States — The Stuart Weitzman showroom, located in a nondescript office building next to the brand's flagship on Madison Avenue, is
Technology
The Secret Journey of a Fashion Piece — Part 3: Logistics and Supply Chain
NEW YORK, United States — A customer browses the racks of her favourite store, pausing now and again to peek at a label or a price tag. Eventually,
The Secret Journey of a Fashion Piece — Part 3: Logistics and Supply Chain
NEW YORK, United States — A customer browses the racks of her favourite store, pausing now and again to peek at a label or a price tag. Eventually,
News & Analysis
Adidas Beefs Up Management as It Seeks to Revive Fortunes
BERLIN, Germany — German sportswear firm Adidas has appointed two new senior managers as part of an ongoing overhaul of its top leadership aimed at
Adidas Beefs Up Management as It Seeks to Revive Fortunes
BERLIN, Germany — German sportswear firm Adidas has appointed two new senior managers as part of an ongoing overhaul of its top leadership aimed at
Sustainability
Placing Sustainability at the Heart of Kering
PARIS, France — Sustainability is embedded in the very concept of luxury. A cornerstone of luxury is the long-lasting endurance of an item. And if
Placing Sustainability at the Heart of Kering
PARIS, France — Sustainability is embedded in the very concept of luxury. A cornerstone of luxury is the long-lasting endurance of an item. And if
Retail
Op-Ed | An Industry in Denial: Fashion’s Struggle with Compliance
As much as brands talk about compliance and concern for workers' rights and safety, the unfortunate reality is that price is still king, says Edward Hertzman.
Op-Ed | An Industry in Denial: Fashion’s Struggle with Compliance
As much as brands talk about compliance and concern for workers' rights and safety, the unfortunate reality is that price is still king, says Edward Hertzman.
News & Analysis
Unfilled Rana Plaza Fund Exposes Fashion's Lack of Accountability
The unfilled Rana Plaza compensation fund exposes the fashion industry’s inability to hold brands accountable for their actions, even when those actions have disastrous consequences.
Unfilled Rana Plaza Fund Exposes Fashion's Lack of Accountability
The unfilled Rana Plaza compensation fund exposes the fashion industry’s inability to hold brands accountable for their actions, even when those actions have disastrous consequences.
Marketing
Op-Ed | Reshoring Garment Manufacturing is Viable and Scalable
There is a real opportunity to rebuild local manufacturing in a commercially viable and scalable way, argues Janice Wang.
Op-Ed | Reshoring Garment Manufacturing is Viable and Scalable
There is a real opportunity to rebuild local manufacturing in a commercially viable and scalable way, argues Janice Wang.
The News in Brief
Spandex Maker Lycra Files for Bankruptcy After Years of Stress
The company has been hampered with disruptions to supply chains, elevated inflation, growing competition from low-cost manufacturers and trade tariffs.
US SEC Preparing to Eliminate Quarterly Reporting Requirement, WSJ Says
The proposal would give companies the option to share results twice a year.
Kering Unveils New Jewellery Unit, Merges Fashion Brand Reporting
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.
Bondholders Approve Saks Global’s Five-Year Business Plan
Saks is moving towards exiting bankruptcy and tapped an additional $300 million of its Chapter 11 financing package.
Luxury Stocks Face Most Bearish Sentiment in Years, UBS Says
War in the Middle East, the luxury industry’s fastest-growing market, threatens to delay a long-expected rebound in demand.
Trump Signs Order to Combat Fraudulent ‘Made in America’ Labels, White House Says
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.
Lanvin Deputy CEO Siddhartha Shukla Exits Brand
Owner Lanvin Group said it is ‘fully committed’ to the French label’s development under creative director Peter Copping, with CEO Andy Lew in charge of management.