EU Hits Fast-Fashion Giant Shein With New Digital Rules
The move means Shein could be liable for fines of as much as 6 percent of global revenue for violating the law, designed to curtail the spread of illegal content online.
The worst quarter in the history of the modern luxury business was also its best ever for digital sales.
This week, Felicia Mayo, former head of diversity at Tesla, replaced Kellie Leonard in a similar role at the American sportswear giant.
The joint venture between Oprah Winfrey’s Harpo Inc. and Hearst Magazines marked its 20 year anniversary in April and is known for covers featuring the media mogul and its annual Oprah's Favorite Things gift guide.
Companies aiming to maintain a tight hold on brand perception must reckon with the fact that those who feel they’ve been wronged are now empowered. Instead of covering up, brands must actually do better.
The yet-to-be-named replacement for Young, who was the subject of a recent New York Times exposé documenting alleged lewd comments and other inappropriate behaviour, will be left to reckon with advertising-based publishing’s challenged business model.
"Former employees say Hearst Magazines president Troy Young made sexually offensive remarks."
Currently Vanity Fair's executive fashion director, the stylist will succeed Glenda Bailey as the magazine’s first black editor.
Print’s challenges might not matter to some who dream of following in the footsteps of Liz Tilberis and Glenda Bailey. But many of today’s editors have other aspirations.
She will remain with Hearst in a full-time position as global consultant for the magazine.
Cosmopolitan’s fashion director Aya Kanai will succeed Anne Fulenwider, who has led the title since 2012.
One year into his role as president of Hearst Magazines, Troy Young tells BoF about how he’s trying to keep the print publisher 'solidly profitable' despite the challenges of running a media business today.
The Fenty business model may not be truly revolutionary, but it does take new ideas further than other brands have been willing to go.
The former president of Hearst’s magazine division oversees over 300 print editions and 240 digital brands around the world.
The move means Shein could be liable for fines of as much as 6 percent of global revenue for violating the law, designed to curtail the spread of illegal content online.
Since the merger announcement, Capri has reported weaker-than-forecast earnings twice, spurring concern about its performance in the coming quarters.
The new scent, Zouzou, is the fashion house’s first new perfume since 2022.
Unilever Plc sales jumped more than expected in the first quarter as Chief Executive Officer Hein Schumacher pushes ahead with his turnaround plan and shoppers come back to premium brands.
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.