Salomon President and CEO Franco Fogliato Steps Down
Salomon chief executive Franco Fogliato will depart the brand effective immediately due to personal reasons, parent company Amer Sports said Friday.
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The News in Brief
Picky Consumers Jilting Big Brands Are Unilever India’s New Risk
The Indian unit of Unilever Plc is battling a slowing rate of growth in revenue and profits while its share price is lagging.
Rent the Runway Eyes Record Jump as Earnings Spark Revival Hope
The stock surged as much as 226 percent in intraday trading Thursday after the company reported fourth-quarter revenue and adjusted earnings that beat Wall Street expectations.
CDC Reportedly Investigating Several Cases of Illnesses From Botox Injections
Health officials in Tennessee and Illinois this week said they were investigating cases of botulism-like illnesses that appeared connected to Botox injections received in a non-medical setting.
Nike Pins Hopes on Olympics to Win Back Market Share
The brand is hoping that Olympians breaking records in Nike gear could help push more shoppers to the label, which has seen slowed sales growth.
Three Films Produced by Saint Laurent Selected For Cannes Film Festival
Saint Laurent Productions announced it had co-produced three films chosen for the 77th Cannes Film Festival’s official selection in May.
Louis Vuitton Taps Wieden+Kennedy Veteran to Lead Communications
Advertising executive Blake Harrop is set to join Louis Vuitton as executive vice president, image and communications, according to an internal announcement seen by BoF.
Fashion Trust US Announces Second Round of Winners
Creators including Batsheva, Harbison Studio and Don’t Let Disco were honoured by the US off-shoot of Fashion Trust Arabia, a non-profit that supports emerging designers.