Alibaba’s AliExpress could face a hefty fine after the European Commission on Thursday opened an investigation into dissemination of potentially illegal and pornographic materials.
Comparable-store sales, a key retail metric, rose 2.8 percent for the quarter ended Feb. 3, much higher than the 0.8 percent predicted by Wall Street.
Despite the rebound, consumer spending is slowing as households grapple with inflation and higher borrowing costs.
The French businessman, founder of luxury conglomerate LVMH, received the Grand-Croix de la Legion d’Honneur at the Elysee Palace.
The leading lady of Naomi: in Fashion, which opens at the V&A in June, told a press briefing she feels “extra pressure, because everyone expects a great show from me.”
Whitehouse, who previously led communications firm Reference Studios and JW Anderson, will take the reins from Aldo Carpinteri, who founded the retailer, then called Stefania Mode, in Trapani, Sicily in 1971.
Plank will succeed Stephanie Linnartz, who will step down as president, CEO and member of the board.
Harper’s Bazaar has named Lynette Nylander as its next executive digital director, the publication’s parent company Hearst Magazines announced on Wednesday.