Fashion retailer ASOS is to create 184 new jobs in Northern Ireland as it is announced it will invest £14 million in a new tech hub in Belfast.
LVMH has accelerated a CSR program aimed at providing training and access to employment for younger generations. With its Craft the Future action plan, by 2022’s close, the luxury goods conglomerate aims to recruit 25,000 people under the age of 30, including 5,000 through internships or apprenticeships.
Kering has taken the decision to stop using animal fur, effective across all brands from the Fall 2022 collections.
L’Oréal Paris is set to return to a live show format during Paris Fashion Week, following a year’s hiatus due to COVID-19.
Model and digital creator Patrick Starr has teamed up with plus size fashion and accessories brand Fashion to Figure to create a new ready-to-wear collection, named Life’s a Party.
A consortium of Australian fashion brands is calling on the government to up its quota of Afghan refugees, according to a report published by The Guardian, promising to support incomers to find employment in the industry.
Dubai’s Emaar is reportedly mulling the sale of its fashion e-commerce business Namshi, according to a report by Reuters.
Oregon’s Attorney General and Treasurer have announced a settlement with L Brands over allegations that the company’s board failed to investigate former CEO Leslie Wexner’s ties with pedophile Jeffrey Epstein and ignored ‘a widespread and pervasive culture of sexual harassment’.
Supermodel Grace Elizabeth Harry Gabe (Grace Elizabeth) has sued Revlon over the use of her image without her permission.
Richemont has announced the nominations of Jasmine Whitbread and Patrick Thomas for election to the Board of Directors. Their appointments are subject to the approval of shareholders at the 2021 AGM to be held on September 8, 2021.
Levi Strauss & Co has announced the planned acquisition of Beyond Yoga. The transaction will be financed with cash and is due to close in the fourth quarter of 2021, subject to regulatory approval. Financial and operational terms of the deal will be disclosed on closing.
Victoria’s Secret has completed its separation into an independent, publicly trade company from Bath & Body Works, with the company having traded on the New York Stock Exchange under the ticker VSCO.
LVMH chief Bernard Arnault usurps Jeff Bezos as world’s richest man as Amazon Q2 sales fall short of analyst expectations
VMH CEO Bernard Arnault has beaten Amazon’s Jeff Bezos to take the title as the world’s richest person, with Bezos’ net worth dropping US$13.9 billion last week following Amazon’s Q2 earnings falling short of analyst expectations.
Rihanna selects all-black women biker gang Caramel Curve to market size-inclusive Savage X Fenty lingerie brand
Rihanna has appointed the all-black Caramel Curve female biker gang as the face of her size-inclusive Savage X Fenty lingerie brand,
Prada has reported a H1 revenues leap of 66 percent at constant exchange rates to €1.5 billion euros ($1.78 billion), joining its luxury peers in seeing a return to growth following pandemic downturns.
Mexican Actress Eiza González has been named as Bulgari’s first Latin American ambassador for the North American market.
LVMH has reported a net profit leap of 62 percent in H12021 as opposed to 2019, which was bolstered by record sales for its key fashion and leathers goods division, driven by Louis Vuitton and Dior.
UK department store Selfridges has been put up for sale by its owners, the Weston family, giving the luxury retail space a £4 billion price tag.
Dior’s beauty arm has teamed up with South Korean social media app Zepeto to launch a digital makeup collection, aimed at a Gen Z audience.
LVMH has become a majority investor in Virgil Abloh’s Off White label, having jointly agreed to pursue new projects across luxury categories.
Bewakoof has announced the launch of its first beauty and personal care line, according to a report published by Mint. The Indian D2C fashion brand’s first foray into cosmetics has been named Cosmos.
LVMH-owned Benefit has teamed up with footwear brand Crocs on a new limited edition collection, named Benefit x Crocs.
Dior has announced the appointment of Yara Shahidi as Global Brand Ambassador for women’s fashion and make-up.
Chanel hasn’t paid dividends to its owners for the past year, according to a report published by the Mail on Sunday, and is not proposing to pay a dividend that would usually be due this month.
Brands has announced that its subsidiary Victoria’s Secret is offering the sale of US$500 million aggregate principal amount of senior notes due 2029.