Californian sneaker brand, Allbirds has announced two high-profile appointments to its board, according to a report published by WWD. Emily Weiss, CEO of Glossier and Mandy Fields, CFO at Elf Beauty will join the sustainable footwear brand’s Board, bringing the total number of Board Members to eight.
A central London local authority has unveiled plans to reboot one of the capital’s most popular shopping districts. Westminster City Council’s Oxford Street District framework promises to help the nation’s favourite high street bounce back after the pandemic stripped it of some of its most prized stores and reduced visitor numbers to virtually nil.
LVMH Chief Bernard Arnault teams up with ex-UniCredit CEO Jean Pierre Mustier to form SPAC for financial deals
LVMH head Bernard Arnault is teaming up with former UniCredit CEO Jean Pierre Mustier to launch a special purpose acquisition company (SPAC) in order to invest in European financial companies.
Munroe Bergdorf has spoken out and called for social media giants to go further in their fight against abuse online.
U.S. fashion and beauty e-tailer Poshmark is expanding its presence into Australia, a move that follows its January IPO, according to a report by Bloomberg.
Conde Nast has declined to pay some US$2.4 million in rent for its One World Trade Center space due to a dispute with its landlords, according to a report published by The Wall Street Journal, quoting a bond document filing.
LVMH and Rihanna have announced that they are to put the singer’s ready-to-wear operations on hold due to falling demand as a result of the pandemic.
L Brands has announced the retirement of Stuart Burgdoerfer, Chief Financial Officer and interim CEO of Victoria’s Secret, effective August 2021.
LVMH-backed L Catterton has emerged as the preferred bidder in the race to acquire casual shoe manufacturer Birkenstock, according to a report published by Bloomberg.
New Tiffany owner, LVMH is said to have ordered employees of the jewelry brand back to the office, starting in March, according to a report published by The Wall Street Journal.
Supermodel Ashley Graham has been announced as the new Global Brand Ambassador for PZ Cussons’ tanning brand St. Tropez.
Japanese fashion retail site ZOZO has announced the launch of its new beauty platform ZOZOCOSME, which is set to go live in March.
Asos has announced the planned acquisition of four Arcadia brands: Topshop, Topman, Miss Selfridge and HIIT for £265 million. The transaction is expected to complete on February 4, 2021.
Depop has announced an intensive two-year sustainability plan that aims to set up a ‘new fashion system’. The clothing resale platform has pledged to become climate neutral by the end of the year.
LVMH Luxury Ventures and L’Oréal BOLD support social selling platform Replika Software in Series A funding round
Social selling platform Replika Software has completed its Series A funding round, backed by the likes of LVMH Luxury Ventures and L’Oréal BOLD, the investment arm of their parent companies.
AmorePacific has teamed up with Italian brand Off-White to launch a new beauty and fashion collaboration named the Protection Box.
LVMH has announced a recorded revenue of 44.7 billion euros in 2020, down 17 percent, while organic revenue fell 16 percent year on year.
David and Victoria Beckham have received a total of £21 million in dividends from their sports and media businesses since the end of 2019, according to a report published by the BBC.
Some 600 sales staff are set to lose their jobs as The Estee Lauder Companies announced the closure of all counters across UK department store chain, Debenhams, according to a report published by The Times.
Jennifer Lopez has launched a lifestyle channel on social media app Triller, named JLo, which will include beauty and fashion content.
Asos is facing tariff costs of up to £15 million following the UK’s official departure from the European Union at the start of this year, according to a report published by the Evening Standard.
Chanel has named Kate Wylie as Global Chief Sustainability Officer and President of Fondation Chanel, effective July 1, according to a report published by WWD.
Chanel has launched a podcast named Chanel Connects. The series is based on ‘what matters most and what happens next’, according to Chanel Global Head of Arts and Culture, speaking to Vogue UK.
Vogue U.S. Editor-in-Chief Anna Wintour has defended the recent Vogue cover starring Vice President Elect Kamala Harris following a social media backlash over the lighting and styling of the imagery.
Kylie Jenner has faced backlash online over the launch of her new Kylie Skin hand sanitizer product, with fans accusing the entrepreneur of profiting from the pandemic.