Prada Cuts Ties With Over 200 Suppliers After Labour Abuse Audit
Since the audit began in 2020, the Milanese fashion group found that more than a quarter of suppliers and subcontractors inspected had broken compliance rules.
This Week In Fashion
Retail
Saks Global: When Bankruptcy Is Your Best-Case Scenario…
The retailer’s Chapter 11 filing — and $1.75 billion in new financing to keep operating while it restructures — came as a relief to many in the industry. But keeping the doors open is a low bar to clear; there are still unanswered questions about the luxury department store model’s future.
Saks Global: When Bankruptcy Is Your Best-Case Scenario…
The retailer’s Chapter 11 filing — and $1.75 billion in new financing to keep operating while it restructures — came as a relief to many in the industry. But keeping the doors open is a low bar to clear; there are still unanswered questions about the luxury department store model’s future.
Retail
Luxury Brands Are Making a Big Bet on Saks. Will It Come Back to Haunt Them?
Vendors have long complained that Saks was slow to pay its bills. Yet even as a bankruptcy filing for the department store giant appears imminent, many say they plan to continue to work with the retailer.
Luxury Brands Are Making a Big Bet on Saks. Will It Come Back to Haunt Them?
Vendors have long complained that Saks was slow to pay its bills. Yet even as a bankruptcy filing for the department store giant appears imminent, many say they plan to continue to work with the retailer.
Retail
Can the Multibrand Fiasco Be Salvaged in 2026?
Matches is plotting yet another reboot, Ssense has a restructuring lifeline and an interest payment looms for Saks. Together, they signal an industry in crisis, but hope springs eternal.
Can the Multibrand Fiasco Be Salvaged in 2026?
Matches is plotting yet another reboot, Ssense has a restructuring lifeline and an interest payment looms for Saks. Together, they signal an industry in crisis, but hope springs eternal.
Marketing
MAC, Chappell Roan and the Power of Polarisation in Marketing
In the wake of the announcement that the Gen Z pop star would become the latest face of MAC Cosmetics, some of her fans criticised her decision. But landing the star will likely still prove to be beneficial for the brand in the end.
MAC, Chappell Roan and the Power of Polarisation in Marketing
In the wake of the announcement that the Gen Z pop star would become the latest face of MAC Cosmetics, some of her fans criticised her decision. But landing the star will likely still prove to be beneficial for the brand in the end.
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Sports
Can Nike’s Latest C-Suite Makeover Finally Solidify Its Vision?
Elliott Hill has made another round of changes to Nike’s executive team as he builds out the company’s future. But when will that future finally arrive?
Can Nike’s Latest C-Suite Makeover Finally Solidify Its Vision?
Elliott Hill has made another round of changes to Nike’s executive team as he builds out the company’s future. But when will that future finally arrive?
Retail
This Year’s Black Friday Paradox
Shoppers feel worse than ever but are still spending — selectively. This holiday season turns on a widening wealth divide and a rising insistence on quality at a fair price.
This Year’s Black Friday Paradox
Shoppers feel worse than ever but are still spending — selectively. This holiday season turns on a widening wealth divide and a rising insistence on quality at a fair price.
Technology
What the AI ‘Bubble’ Means for Fashion
Concerns about the scale and concentration of AI investment in the key US market have reached a boiling point. A correction could have big consequences for brands this holiday season.
What the AI ‘Bubble’ Means for Fashion
Concerns about the scale and concentration of AI investment in the key US market have reached a boiling point. A correction could have big consequences for brands this holiday season.
Retail
Is Skims Really Worth $5 Billion?
Kim Kardashian’s shapewear-turned-lifestyle brand has defied all odds to reach a $5 billion valuation — but investors are betting on its future, not its past.
Is Skims Really Worth $5 Billion?
Kim Kardashian’s shapewear-turned-lifestyle brand has defied all odds to reach a $5 billion valuation — but investors are betting on its future, not its past.
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Media
The End of Teen Vogue Completes Fashion Media’s Retreat From Politics
Condé Nast’s decision to absorb the publication into Vogue.com will likely boost the company’s bottom line, but its progressive, Gen-Z-centric political content is unlikely to survive the transition.
The End of Teen Vogue Completes Fashion Media’s Retreat From Politics
Condé Nast’s decision to absorb the publication into Vogue.com will likely boost the company’s bottom line, but its progressive, Gen-Z-centric political content is unlikely to survive the transition.
Marketing
The Shifting Power Balance Between Influencers and Brands
Neelam Ahooja’s open letter to The Row highlights how influencers are becoming less fearful of speaking out against the brands they work with.
The Shifting Power Balance Between Influencers and Brands
Neelam Ahooja’s open letter to The Row highlights how influencers are becoming less fearful of speaking out against the brands they work with.
Luxury
How the Kering-L’Oréal Deal Rocked Fashion and Beauty
This week, Kering agreed to sell off its beauty unit to L’Oréal for $4.6 billion in a transaction that’s seismic for both groups. But its ripple effects will be felt further afield, too.
How the Kering-L’Oréal Deal Rocked Fashion and Beauty
This week, Kering agreed to sell off its beauty unit to L’Oréal for $4.6 billion in a transaction that’s seismic for both groups. But its ripple effects will be felt further afield, too.
Marketing
How to Bring the Joy Back to Fashion Marketing
Moncler’s autumn campaign, featuring actors and long-time friends Robert De Niro and Al Pacino, struck an emotional chord with audiences by showcasing true friendship.
How to Bring the Joy Back to Fashion Marketing
Moncler’s autumn campaign, featuring actors and long-time friends Robert De Niro and Al Pacino, struck an emotional chord with audiences by showcasing true friendship.
The News in Brief
Indian E-Commerce Firm Meesho’s Quarterly Loss Spikes as It Ramps Up Marketing
Meesho has carved out a niche for itself by offering low-priced products without charging sellers a commission.
Swatch Gives Upbeat Growth Outlook After Second-Half Rebound
The owner of Omega and Longines said positive sales momentum that accelerated over the fourth quarter continued in January across all price ranges, with CEO Nick Hayek flagging a pickup in China.
Church & Dwight Exceeds Outlook On Stronger Sales
The personal care giant cited Hero acne products and the 2025-acquisition of Touchland hand sanitiser as growth drivers.
Astra Signs Obesity Drug Deal in China Worth Up to $18.5 Billion
AstraZeneca agreed to pay Chinese company CSPC Pharmaceutical Group Ltd. as much as $18.5 billion for its obesity drug candidates, as the UK drugmaker tries to push into the growing weight-loss market.
Givaudan Sales Slowdown Sends Fragrance Maker’s Shares Falling
The Swiss firm missed expectations for yearly organic sales growth on Thursday, as weaker performance of its flavours business outweighed resilient growth in fine fragrances.
Winter Games in Italy Attract Luxury Brands Seeking Global Stage
Luxury fashion brands are seeking to capitalise on the Milano Cortina Winter Olympics, opening boutiques, sponsoring teams and launching collections.
Saks Will Close Most Off 5th Stores With Big Clearance Sales
The bankrupt department store operator will focus instead on its luxury offerings at Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman chains.