The heartbeat of the industry returns to work on Monday — but at what cost?

This week, Ganni appoints Nicholas Yates as chief financial officer from Pandora, while Bally promotes Chief Operating Officer Nicolas Girotto to the role of chief executive.

The partnership is evidence of growing interest in the luxury rentals market.

As women become more important drivers of men’s fashion, brands and retailers like Le Bon Marché, Ssense and Ami are thinking of tactics to leverage the opportunity.

The luxury conglomerate will position itself as a competitor to Net-a-Porter with its most ambitious e-commerce project since hiring Ian Rogers in 2015.