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Business

Neiman Marcus makes cuts to store staff on way out of bankruptcy

Neiman Marcus makes cuts to store staff on way out of bankruptcy

As the Dallas, Texas-based department store operator emerges from bankruptcy, it has announced that it is reducing its retail workforce as part of a review of its business.
Fashion
Retail
French billionaire Arnault builds up Lagardere holding

French billionaire Arnault builds up Lagardere holding

France's richest man Bernard Arnault ratcheted up a tug-of-war over Paris Match publisher Lagardere on Thursday, revealing he had built up a direct stake in the firm, which is under siege from several other investors.
Fashion
Business

Reliance says KKR to invest $755.1 million in retail arm

U.S. private equity firm KKR & Co Inc will invest 55.50 billion rupees ($755.09 million) in Reliance Industries Ltd’s retail arm, giving the unit a pre-money valuation of 4.21 trillion rupees.
Fashion
Business

Icon Outlet outperforms as post-lockdown sales and footfall rise

​UK retail seems to be recovering in a very uneven way with some destination types recovering faster than others and local high streets faring better than city centres. Outlet malls in particular seem to be doing well.
Fashion
Business

Design

Burberry launches new scholarships for underrepresented students

Burberry launches new scholarships for underrepresented students

Designed to provide more equal access at some of the world’s top creative institutions, the project involves partnerships with Central Saint Martins, the Parsons School of Design and Institut Français de la Mode. 
Luxury
Design
Prada with Raf Simons: A newer New Look

Prada with Raf Simons: A newer New Look

Raf Simons made his collaborative debut with Miuccia Prada on Thursday afternoon, in the most keenly anticipated runway show in the world this year. And the result was a powerful collection, a newer New Look.
Fashion
Catwalks

Paris exhibition shows how Man Ray made fashion an art

A new exhibition in Paris sets out to uncover the fashion world roots of American surrealist Man Ray, who first made his name taking flattering portraits of the rich and famous.
Fashion
Design

Net-A-Porter announces new Vanguard line-up

​Net-A-Porter has unveiled the latest set of labels to join The Vanguard, its global programme for emerging designer talent. They include JiaJia and Artclub, both new and exclusive to the site, as well as Minjukim.
Luxury
Retail

Appointments

Hugo Boss comms chief exits, promotes Westermann

Hugo Boss comms chief exits, promotes Westermann

​Hugo Boss has announced the imminent departure of its long-standing Head of Corporate Communications, Dr Hjördis Kettenbach. She’ll be replaced by internal candidate Carolin Westermann.
Luxury
Appointments
Saks hires premiere VP of diversity and inclusion

Saks hires premiere VP of diversity and inclusion

Hudson's Bay Company subsidiary Saks Fifth Avenue has named Lori Spicer Robertson as its first VP of diversity and inclusion.
Fashion
Appointments

Roberto Cavalli CEO Gian Giacomo Ferraris to step down before end of 2020

The CEO, who has led the Tuscan brand since 2016, is stepping down from his role, but will remain at the company for a transition period lasting until the end of the year.
Luxury
Appointments

Chanel names Agathe Derain head of human rights

The French luxury house has promoted Agathe Derain, previously the responsible sourcing director for the brand's fragrance and beauty division, to a newly created role dedicated to human rights. 
Fashion
Appointments

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