Big Ten Football Power Rankings: Oregon Soars as Michigan Stumbles
Oregon’s surge and Michigan’s stumble highlight a changing dynamic in the Big Ten. FOX Sports’…
Viktor & Rolf taps Gavin Casalegno as fragrance ambassador
Viktor & Rolf has named actor Gavin Casalegno as the new VIP ambassador for its Spicebomb fragrance. Read More
Dior names Mike Faist, Sam Nivola and Will Price as new ambassadors
The trio of American actors further strengthen the house’s ties to the world of cinema. Read More
“We want to create a sense that this is a must-attend trade fair,” says Momad’s Julia González
Momad returned to Ifema from February 5 to 7, in an edition characterised by internationalisation and a strong focus on product. Its director, Julia González, speaks to FashionNetwork.com about the future of Momad. Read More
Fossil names new communications, people chief
Fossil Group on Monday announced the appointment of Shannon Freeze to the role of chief people and communications officer at the U.S. watchmaker, effective February 23. Read More
Target steps up investment in store staffing, cuts about 500 other roles
Target said on Monday it is streamlining its retail model as it looks to put money towards more hours for frontline store employees, eliminating around 500 office and supply chain jobs. Read More
Francesca’s files for bankruptcy
Specialty fashion retailer Francesca’s has voluntarily filed for protection under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the District of New Jersey. Read More
Kering’s fourth-quarter sales fall less than expected as Gucci slide continues
Kering reported on Tuesday a slightly smaller-than-expected drop in fourth-quarter sales, as investors await details of CEO Luca de Meo’s plans to revive the Gucci owner’s flagging fortunes. Read More
Warpaint London acquires Barry M
Affordable cosmetics specialist warpaint London had two bits of news this week, one an acquisition and another a trading update. And both look positive for the business. Read More
Farfetch study shows evolution in UK consumers’ luxury purchases
Farfetch has released a new UK consumer study and it reveals that high-end shoppers are “moving away from impulse splurges and logo-led status buys, prioritising versatility, sustainability, and long-term value”. Read More
Climate inaction puts 34% of fashion industry profits at risk
The fashion industry is heading for a 34% drop in profits by 2030 unless companies move quickly to rein in their climate footprint, according to a report by the Apparel Impact Institute. Read More