Italian fiscal authorities are probing more than a dozen of Gucci’s current and former executives over an alleged tax-avoidance scheme.
The death of Karl Lagerfeld has put a spotlight on succession planning quandaries at major brands, from Ralph Lauren to Giorgio Armani. What can the industry learn from the successes and stumbles of the past?
This week, Huda Beauty appoints Nathalie Kristo as US president, while Kevin Systrom and Mike Krieger depart the photo-sharing app.
As SMCP goes public, BoF speaks to the company's co-founders and chief executive about the affordable luxury giant's trajectory and future ambitions.
BoF compiles the most important professional moves of the week.
Bottega Veneta CEO Carlo Beretta tells BoF’s Imran Amed about his plans to reinvigorate the brand and drive €2 billion in annual revenue.
Former Gucci boss Patrizio di Marco is joining the board of Italian fashion rival Dolce & Gabbana, according to people familiar with the situation.
This season, the most successful fashion films attracted audiences with surreal storylines and unexpected plot twists. Sit back, relax and enjoy BoF's Top 10 Fashion Films of the Season.
BoF compiles the most important professional moves of the week.
Kering-owned megabrand Gucci has officially appointed Alessandro Michele its new creative director.
Watch the inaugural BoF Breakfast Club, discussing the week’s most important fashion news with fashion’s most opinionated experts. On the menu this week: the return of John Galliano and the future of Gucci.
Gucci creative director Frida Giannini has left the fashion house a month earlier than planned after a new chief executive officer took control of the label.
The seasoned fashion executive helped steer Bottega Veneta back to profitability before repositioning Gucci. He now sits on the board of Dolce and Gabbana.
The administrators said the retailer’s 541 known unsecured creditors are owed at least £35.6 ($44.2 million) but are unlikely to collectively receive more than £800,000 ($996,000), or “less than a penny in the pound.”
President Biden signed the bill that gives China-based ByteDance 270 days to divest TikTok’s US assets or face a ban.
The Alphabet Inc. company said in a blog post Tuesday that it’s still working with the ad industry and regulators on the plan.
Overall revenues for the three months through March totalled 818 million euros ($874 million), above a company-provided analyst consensus of 786 million euros.
Embattled by weak demand and currency issues in Nigeria, the company is looking to slim down in order to return to growth.
EU lawmakers backed the Corporate Sustainability Due Diligence Directive by 374 votes to 235 against, with 19 abstentions.
Amazon “significantly restricted consumers’ freedom of choice” by automatically pre-setting a ‘Subscribe and Save’ option, the regulators said.
The closure is part of the company's plan to raise $850 million to $1 billion and help improve its credit metrics, said chief executive officer Alejandro González.
