The former Asos executive is the latest hire to join the leadership team under chief executive Nick Beighton, and will oversee all creative output at the luxury retailer, the company said in a statement Tuesday.
China’s luxury market contracted 10 percent in 2022 on the year, snapping a five-year streak of high growth, as Beijing’s zero-Covid policy and a slowing economy hit spending, Bain & Company said in a report on Tuesday.
The European Union on Tuesday started to consider a proposal to ban widely used substances known as PFAS or “forever chemicals” in what could become the bloc’s most extensive piece of regulation of the chemical industry.
Nearly 60 lawsuits claiming hair relaxer products sold by L’Oréal USA Inc and other companies cause cancer and other health problems will be consolidated in Chicago federal court, according to a Monday order from the Judicial Panel on Multidistrict Litigation.
Kohl’s Corp said on Thursday that interim chief executive officer Tom Kingsbury, a director nominated by hedge funds Macellum Advisors and Ancora Holdings, will take over the role on a permanent basis.