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Amid a decade-long bid to regain dominance in the fast fashion space, H&M named a new chief executive Wednesday morning, replacing Helena Helmersson with Daniel Ervér, an 18-year veteran of the business who most recently helmed its marquee brand.
Ervér has his work cut out for him. The Swedish chain pioneered the fast fashion model decades ago, but is
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Bernard Arnault plans to appoint two of his sons to the board of LVMH Moet Hennessy Louis Vuitton SE, as the French billionaire continues to groom his children to potentially lead the luxury empire he founded.
Arnault’s nomination of sons Alexandre, 31, and Frédéric, 29, could come as early as this week, a person familiar with the matter said,
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When Bernard Arnault presents LVMH’s annual earnings on Thursday, investors and analysts will be hanging on to his every word as they try to decipher the direction of top-end demand.
Yet LVMH is being penalised by shareholders for its disparate collection of businesses. Breaking up the behemoth could release significant value for investors. It might, incidentally, help solve the
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Most UK fashion firms lag when it comes to inclusivity in their leadership ranks — and many executives are blind to the issue, according to a new report published Tuesday.
The report, a collaboration between the British Fashion Council, the Outsiders Perspective, the (Fashion) Minority Report and McKinsey & Co., showed that people of colour make up roughly 9
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“Make America Ferrera Again.”
In 2016, when Rebecca Minkoff debuted a T-shirt emblazoned with that phrase — a play on America Ferrera’s name and Donald Trump’s slogan — it “didn’t feel like a risk,” the designer said. The actress and designer posed in the tees at Minkoff’s Manhattan boutique; Allure dubbed the collaboration “amazing” in an October 2016 headline.
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On a slow day last winter, a couple of employees at Lululemon’s Hyde Park location in Chicago were chatting when two women walked in.
“Oh, this is off-brand,” one of the women said to the other after being greeted by the store’s staff, the employees recalled. Both customers were white; all of the store’s sales associates were Black.
It