The Chambre Syndicale de la Mode Féminine, Paris Fashion Week’s governing body, has released its provisional calendar for the Autumn/Winter 2023 season, which will run from Feb. 27 to March 7.

Chrono24 GmbH, the biggest dedicated online marketplace for luxury watches, cut about 13 percent of its workforce after prices for the most sought-after Rolex, Patek Philippe and Audemars Piguet timepieces plunged.

Sabato De Sarno, newly appointed by Kering to reinvigorate its prized Gucci brand, needs to spark heat with a new direction, analysts say.

Apax Partners, the private equity firm which acquired the luxury retailer in 2017, has agreed to inject £60 million ($74.2 million) into the business, a spokesperson for the company confirmed Monday.

Chinese online retailer JD.com Inc. is closing its Indonesia and Thailand e-commerce sites as the company shifts its overseas strategy toward supply-chain and logistics services.

Japanese beauty group Shiseido Co. is also studying a potential bid for an interest in Aesop, the people said, asking not to be identified discussing confidential information.

A co-branded sneaker is apparently in the works.

Operating income dropped 87 percent to 821 billion kronor ($80 million) in the three months through November, H&M said Friday, far off analysts’ estimates. The stock fell as much as 7.9 percent.