News

The Virgil Abloh Foundation said on Thursday Athiththan Selvendran, Virgil Abloh’s former chief of staff and currently the chief operating officer of Virgil Abloh Securities, has been promoted to chief creative officer. 

Ulta Beauty announced on Thursday the appointment of Lauren Brindley to the role of chief merchandising and digital officer, effective June 3.

A new exhibition at Palazzo Strozzi in Florence is spotlighting 20 years of the Max Mara Art Prize for Women, now through August 31.

The Reva makes its global return with a sharper silhouette and knife-beveled hardware. Burch also designed a slip-on Reva ballet mule in glossy patent leather.

L’Oreal reported a 3.5% rise in like-for-like first-quarter sales on Thursday, as strong demand for its face creams and perfume in Europe helped counter challenging conditions in the United States.

Vietnam’s garment factories, many of which are located in Binh Duong, were bracing for as much as a 50% drop in orders before the high duty was, at least temporarily, lifted.

Swiss watch exports to the key US market soared nearly 14 percent in March, likely the result of retailers stocking up before US President Donald Trump announced his tariffs on countries worldwide.

​FatFace has two new locations to add to its extensive retail menu. The Next-owned fashion/lifestyle retailer has opened a new store in Aberdeen’s Bon Accord Centre while also announcing its arrival on the Isle of Man.

Chargeurs PCC has made five key senior executive appointments, including Riccardo Cossu as general manager EMEA and Laure Sénéquier-Crozet as general manager of the Senfa Cilander division.

The Roman brand has opened in Valenza, northern Italy, the world’s largest jewellery production site, set to generate 500 new jobs by 2029. It is 100% powered with renewable energy and includes two training schools.

​Versace has released its latest campaign and it’s significant in that it’s the first one since Dario Vitale was named to the top created post at the label back in March.

LVMH chairman and CEO Bernard Arnault stated on Thursday that if the United States and the European Union fail to resolve the tariff issue, Brussels will be at fault.

Chanel heir David Wertheimer named ex-Sequoia investor David An to lead 1686 Partners and unveiled a $110M portfolio featuring 1916 Company, Ahlem, Fusalp, and other lifestyle and luxury brands.

The Northern Irish designer is the new creative director of Dior’s menswear collections, as confirmed by LVMH’s leading label to FashionNetwork.com, following Bernard Arnault’s statements at the LVMH AGM.

LVMH shareholders have approved a bylaw change allowing Bernard Arnault, 76, to remain as CEO and chairman of the world’s largest luxury group until age 85.

The French luxury group, which reported revenue of €4.1 billion (up 8.5%) in the first quarter, plans to increase U.S. prices in May to counter new 10% customs duties.

Sainsbury’s fashion ops continue to power ahead with womenswear particularly strong, while its Argos GM unit appears to be recovering.

​The UK’s Revolution Beauty has said Lauren Brindley will stand down as CEO at the end of next month to take up the role of chief merchandising and digital officer at Ulta Beauty, the largest beauty retailer in the US. 

​We all know Reiss as a premium retailer of ‘grown-up’ clothing and accessories, but the company has clearly become broody and has moved into babywear for the very first time.

​Fast-growing activewear brand TALA said it has made “another power move” with the appointment of Rapha’s Darren Read as its new commercial director”, reporting to Morgan Fowles, CEO. 

Revlon Group Holdings announced on Wednesday that Dana Medema has been appointed to the role of president, North America. 

The ripple effects of Donald Trump’s global trade war are increasingly being felt across numerous industries all at once and on Wednesday were once again exerting pressure on U.S. stock markets.

Armani/Silos in Milan will unveil “Giorgio Armani Privé 2005–2025,” an exhibition curated by Giorgio Armani that showcases 20 years of Haute Couture creations, featuring around 150 pieces never before exhibited in Italy.

Giorgio Armani has promoted Anoushka Borghesi to global communication director. She joined the Italian luxury group in 2010 and has led global media and PR efforts since 2013.

Euratex and Tunisia’s textile federation signed a deal to drive innovation, sustainability and trade, aiming to reshape the Euro-Med textile sector and strengthen regional industry ties.

Walmart has signed a deal for a second office space in the southern Indian city of Chennai, which is fast emerging as a major technology center after being known for years as a manufacturing hub.

Pakistan will offer to buy more cotton and soybean from the US, according to people with knowledge of the matter, as it looks to halve its bilateral trade surplus and escape tariffs imposed by President Donald Trump.

Italian luxury fashion group Brunello Cucinelli on Wednesday confirmed its expectations for sales growth of around 10% in both 2025 and 2026 despite looming U.S. tariffs.

Italian luxury outerwear group Moncler on Wednesday reported a stronger than expected 1% increase in revenue in the first quarter thanks mostly to direct-to-consumer sales and Asian demand.

Chinese online marketplace Temu and fast-fashion retailer Shein will raise prices on their products next week as President Trump’s crackdown on low-value imports and sweeping tariffs increase expenses for the companies.