Frédéric Malle Steps Down From Namesake Brand
Frédéric Malle announced on Apr. 18 that he will be leaving his brand Editions de Parfums Frédéric Malle at the end of June.
Cupertino, United States
Will Apple News+ Threaten Digital Media Subscriptions?
At $10 per month, Apple's new service might be very attractive to casual readers who want to peruse a few articles each month from a variety of news sources.
Apple Gives New Retail Head Stock Grants Worth About $8 Million
Former Burberry CEO Angela Ahrendts was awarded stock grants worth about $68 million when she started at Apple in 2014.
Apple’s 2018 Event: What Fashion Needs to Know
At its latest special event, Apple unveiled its largest-ever iPhone and a heart-tracking watch. BoF breaks down the key takeaways for the fashion industry.
Former YSL Chief Paul Deneve Exits Apple
The luxury executive joined the tech company in 2013 to work on unnamed ‘special projects,’ which is thought to mean Apple Watch.
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Apple Plunge Erases $38 Billion as Product Concern Resurfaces
Apple Inc. shares tumbled, wiping out $38 billion in market value, after disappointing iPhone sales rekindled concerns over whether the company can keep making must-have products.
Apple Revives Gold’s Allure for Young Buyers of Bling
If anyone could make gold jewellery fashionable to Americans and Europeans, it’s Apple Inc.
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The News in Brief
With Succession in Focus, LVMH Adds Alexandre and Frédéric Arnault to Board
The two brothers join older siblings Antoine and Delphine, meaning that 4 out of Arnault’s 5 heirs now serve on the board. Bernard Arnault, age 75, has placed his controlling interest in LVMH in a stock-share partnership aimed at perpetuating family control.
Arnault Says He Hopes Tensions With China on Luxury Quiet Down
Billionaire Bernard Arnault said he hopes a planned visit to France next month by China’s Xi Jinping will help smooth trade relations between Paris and Beijing.
Vita Liberata Bought Back By Founder
Alyson Hogg, who founded the luxury tanning brand in 2003, has reacquired it from Crown Laboratories.
Swiss Watch Exports Plunge as China and Hong Kong Demand Dries Up
Monthly Swiss watch exports suffered their biggest decline since 2020 as demand for premium and luxury timepieces in key markets including China and Hong Kong plunged.
Asos Says It Will Take ‘Necessary Actions’ After 18% Drop in Sales
Asos has said it will take “necessary actions” to transform its fortunes after the fast fashion retailer’s first-half losses widened and sales fell by nearly a fifth.
TikTok Divest-or-Ban Bill Heads to Fast Track in US Congress
The effort to force TikTok’s Chinese parent company ByteDance Ltd to divest its ownership of the social media platform would quickly become law under a plan outlined Wednesday by House Speaker Mike Johnson.
Lagardère Group Launches Egyptian Edition of Elle Magazine
The French publisher has appointed Tunis-based firm Nissa Editions Group as the local licensing partner and Cairo-based fashion media veteran Susan Sabet as both managing director and editor-in-chief of the new title.