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’s round-up of global markets fashion business news also features China’s plummeting footwear exports, Indonesian textiles and Chile’s department store giant.

This week’s round-up of global markets fashion business news also features China’s plummeting footwear exports, Indonesian textiles and Chile’s department store giant.

Shareholders of the French conglomerate are expressing growing concern over the lack of transparency regarding Bernard Arnault’s plan for succession.

Shareholders of the French conglomerate are expressing growing concern over the lack of transparency regarding Bernard Arnault’s plan for succession.

The world’s biggest luxury conglomerate reports fourth-quarter earnings on Tuesday, and CEO Bernard Arnault will give his annual, often market-moving press conference.

The world’s biggest luxury conglomerate reports fourth-quarter earnings on Tuesday, and CEO Bernard Arnault will give his annual, often market-moving press conference.

Leo Rongone kept up momentum at the Italian leather goods house through two designer transitions, onboarding Matthieu Blazy and Louise Trotter. Now he'll take on the role of group CEO at Moncler.

Leo Rongone kept up momentum at the Italian leather goods house through two designer transitions, onboarding Matthieu Blazy and Louise Trotter. Now he'll take on the role of group CEO at Moncler.
ADVERTISEMENT

Antoine Pin has left the helm of LVMH’s biggest watch label, the group confirmed, increasing uncertainty at a watches division already buffeted by a challenging market ahead of the company’s Watch Week showcase in Milan.

Antoine Pin has left the helm of LVMH’s biggest watch label, the group confirmed, increasing uncertainty at a watches division already buffeted by a challenging market ahead of the company’s Watch Week showcase in Milan.

Retailers, publishers and brands are tightening return-to-office mandates as fully remote roles fall out of favour — but execution, not attendance, will determine whether the shift pays off.

Retailers, publishers and brands are tightening return-to-office mandates as fully remote roles fall out of favour — but execution, not attendance, will determine whether the shift pays off.

Geoffroy van Raemdonck, who oversaw Neiman Marcus Group’s emergence from bankruptcy, was appointed to the top job at Saks on Wednesday as part of the retailer’s Chapter 11 filing.

Geoffroy van Raemdonck, who oversaw Neiman Marcus Group’s emergence from bankruptcy, was appointed to the top job at Saks on Wednesday as part of the retailer’s Chapter 11 filing.

The 49-year-old menswear brand, known for its exacting preppy aesthetic and English craftsmanship, is now majority-owned by a Danish billionaire. Co-owner and creative director, Michael Hill told BoF that radical change isn’t set to follow.

The 49-year-old menswear brand, known for its exacting preppy aesthetic and English craftsmanship, is now majority-owned by a Danish billionaire. Co-owner and creative director, Michael Hill told BoF that radical change isn’t set to follow.
ADVERTISEMENT

The company announced on Sunday that the Atallah family will remain owners of the Montreal-based luxury e-tailer, in partnership with a Canadian multi-family office, in a transaction pending regulatory approval.

The company announced on Sunday that the Atallah family will remain owners of the Montreal-based luxury e-tailer, in partnership with a Canadian multi-family office, in a transaction pending regulatory approval.

Brands need to prepare as AI transforms a number of the industry's existing roles, and creates new ones, according to the BoF-McKinsey State of Fashion 2026.

Brands need to prepare as AI transforms a number of the industry's existing roles, and creates new ones, according to the BoF-McKinsey State of Fashion 2026.

Former Etsy HR chief Kim Seymour joins the brand, valued at $5 billion, as it builds out leadership across beauty, retail and international markets.

Former Etsy HR chief Kim Seymour joins the brand, valued at $5 billion, as it builds out leadership across beauty, retail and international markets.

This week, I chat with beauty’s buzziest figure, Hailey Bieber, as she brings her brand to Australia and New Zealand.

This week, I chat with beauty’s buzziest figure, Hailey Bieber, as she brings her brand to Australia and New Zealand.
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.
Meesho has carved out a niche for itself by offering low-priced products without charging sellers a commission.
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.
The personal care giant cited Hero acne products and the 2025-acquisition of Touchland hand sanitiser as growth drivers.
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.
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.
Luxury fashion brands are seeking to capitalise on the Milano Cortina Winter Olympics, opening boutiques, sponsoring teams and launching collections.
The bankrupt department store operator will focus instead on its luxury offerings at Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman chains.