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New demographic data shows continued divide at Amazon
Amazon's executives remained largely white, although the share of non-white executives rose modestly. Minorities continued to account for most of its blue-collar workforce as it grew rapidly during the Covid-19 pandemic.
Fashion
Business
Nike misses estimates for quarterly revenue, shares fall
Nike Inc missed estimates for quarterly revenue on Thursday, signaling demand for its sports shoes and apparel was slowing.
Fashion
Business
Vestiaire Collective valuation rises to $1.7bn as it raises more funds
French luxury resale site Vestiaire Collective’s onward march is continuing with news that it has raised a further €178m in new finance, six months after a previous funding round. The firm is now valued at $1.7bn.
Luxury
Business
Nike's Vietnam supply hurdles in focus ahead of quarterly results
Are sneakerheads in for a rough holiday season? Nike Inc's updates to its full-year sales outlook on Thursday will likely answer that as it deals with unprecedented supply challenges ahead of the holiday season.
Fashion
Business
Design
Emmy Awards 2021: Glamour meets color in a vibrant red carpet cocktail
After the all-out extravagance of the MTV Video Music Awards and the Met Gala, make way for the glamour of the Emmy Awards, with a return to floaty dresses, rhinestones and barely-there sheers.
Luxury
Design
Cavalli to open $545 million luxury skyscraper in Dubai with Damac
Italian fashion house Cavalli said on Monday it would open a $545 million ultra-luxurious skyscraper in Dubai in collaboration with real estate developer Damac Properties, aimed at reviving the luxury brand.
Luxury
Design
Balenciaga was the big winner at the MET Gala, says Lyst
French fashion house Balenciaga scored the biggest at the recent MET Gala, held on September 13, thanks to the influence of Rihanna and Kim Kardashian, whose outfits attracted significant attention and commentary.
Luxury
Media
Moncler to unveil new Genius project simultaneously in 5 cities, with Alicia Keys
On September 25, the down jacket label will unveil in Milan the new Genius collections by 11 designers, with pop star Alicia Keys headlining an online event staged concurrently in New York, Shanghai, Tokyo and Seoul.
Luxury
Design
Appointments
Jean-Marc Loubier returns to Delvaux as CEO
Jean-Marc Loubier has returned to Delvaux as CEO, re-joining the luxury Belgian bag-maker just three months after it was acquired by Richemont.
Luxury
Appointments
Matchesfashion names Paolo de Cesare CEO
Matchesfashion has named a new CEO, six months after the departure of its previous leader Ajay Kavan. The new chief executive is Paolo de Cesare, who had run Paris-based department store group Printemps until March 2020.
Luxury
Appointments
LVMH names Sylvain Blanc as new CEO of Kenzo
All change at Kenzo. In the same week that the house announced the appointment of a new artistic director, it has named a new CEO, Sylvain Blanc, who joins the Paris fashion marque from underwear specialist Undiz.
Luxury
Appointments
Kenzo names Nigo of A Bathing Ape as new artistic director
The house of Kenzo announced Wednesday that it has named Nigo of A Bathing Ape as new artistic director following rumors that the talented Japanese designerwould be taking over at the house.
Luxury
Appointments
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