LVMH Prize Names Finalists, Adds Phoebe Philo and Pharrell Williams to Jury
On Sept. 10 the eight designers will present their collections at the Louis Vuitton Foundation in Paris.
Steve Rowe
Weak Clothing Sales Hit Britain's M&S Profit
The British retailer's "transformation" plan has been hindered after weakened clothes sales, resulting in a 17 percent drop in first-half profit.
M&S Suffers Fresh Blow as Finance Chief Quits
Humphrey Singer will step down after a little more than a year at the retailer, marking another setback for the company as it's demoted from the UK's leading share index.
Marks & Spencer Clothing Sales Forecast to Fall
The British retailer is expected to report a renewed decline in clothing and homeware sales in its latest quarter, dampening the euphoria in recent months of its first increase in two years.
M&S Names New Chairman to Bolster Turnaround Efforts
The appointment follows this week’s surprise announcement that Halfords Group Plc CEO Jill McDonald will take over as head of M&S’s struggling clothing business.
M&S Must Sell Clothes Just Like it Sells Food
"CEO Steve Rowe must surely follow the success of the food business and make M&S clothing more aspirational."
M&S Seen Axing Stores at Home and Abroad as Profits Slump
Steve Rowe, a 26-year company veteran, took over as chief executive in April and has the tough task of reviving the 132-year-old British institution.
Power Moves | Bolland Exits M&S, Givenchy Americas President, Vogue.com Men's Critic
BoF compiles the most important professional moves of the week.
The News in Brief
Valentino’s Full-Year Sales Fall 3 Percent
The results help to explain owner Mayhoola’s decision to shake up the brand’s aesthetic direction by hiring former Gucci designer Alessandro Michele.
TikTok’s Crackdown on Ozempic Influencers Threatens Weight-Loss Drug Hype Machine
The social media platform will effectively ban most weight loss-related content from appearing on its app starting next month, according to a sweeping new set of community guidelines published on its website last week.
Vivienne Westwood’s Personal Wardrobe To Be Auctioned
A taffeta ball gown with the span of a light aircraft is one of the more magnificent items to go on sale at Christie’s in June as part of an auction of the personal wardrobe of Dame Vivienne Westwood.
Valentino Chairman Bets Quiet Luxury Is Over After Michele Hire
The fashion industry’s era of so-called quiet luxury is over and affluent consumers will want bold designs again, the chairman of Valentino has predicted.
Marcelo Burlon Steps Down as Creative Director of Namesake Brand
Burlon, a former DJ, stylist and PR, founded the Milan-based label as a T-shirt line in 2012, inspired by ‘90s club culture.
Designer Nancy Gonzalez Sentenced to 18 Months in Exotic Skin Smuggling Case
The Colombian designer, whose bags have been worn by celebrities and featured on shows like Sex and the City, previously pled guilty to illegally importing millions of dollars of crocodile and snakeskin handbags into the US.
The Wealthy are Less Willing to Spend on Sustainable Products
Millennial and Gen-Z respondents were among the most likely to pay a premium for environmental-friendly practices.