Business · Distribution
The luxury group has finalised the sale of the New York-based house for approximately $925 million, WWD reveals. Marc Jacobs, co-founder in 1984, remains creative director of the brand acquired by LVMH in 1997.
Retail · Acquisition
The two groups announced on 31 August the signing of a letter of intent to explore an alliance based on Decathlon taking a stake in Sport 2000 France's purchasing arm.
Business · Results
According to FashionUnited France, Kering would put Charlotte Fournet in charge of Pomellato and Krizia Cucurachi in charge of DoDo, as the group's jewellery division posts double-digit growth over the first six months of the year.
Business · Appointment
According to WWD, Sabina Belli would become president of Kering Italia effective September 15, while retaining oversight of a program dedicated to Italian craftsmanship. Two successions have been announced at Pomellato and DoDo.
Fashion · Collections
According to WWD, the ten current CFDA/Vogue Fashion Fund finalists would present their new collections at 240, rue de Rivoli, for the 20th edition of the Americans in Paris showroom, during Paris Fashion Week.
Fashion · Industry
The Belgian designer is preparing a new men's and women's collection made from deadstock fabrics, sold directly to consumers from mid-September, with prices at the lower end of the designer segment.
Beauty · Launch
Beauty brand incubator Maesa unveils on September 14 its first high-end fragrance brand, sold at Sephora, with an inaugural collection built around the journey of Mane perfumer Patricia Choux.
Beauty · Launch
The Italian packaging specialist is said to have been chosen by Lancôme to develop and manufacture the packaging for Absolue Longevity MD Anticipate La Crème, a line created with Timeline around the postbiotic Mitopure.
Retail · Results
The American retailer has revised upward its revenue and profit targets for fiscal 2026, driven by 8.9% net sales growth and the integration of Space NK.
Business · Appointment
The British women's activewear brand has appointed Jessica Higgs to her first CFO role, as it prepares to open its first permanent store in Manhattan in October 2026.
Business · Results
The American retailer beat analyst expectations in the second quarter of 2026, with net sales of $3 billion. The end of the partnership with Target coincides with the launch of a competing concept at the retailer.
Fashion · Appointment
According to FashionUnited France, Nike would have chosen Jane Ewing, a former Walmart and Diageo executive, to take over as chief commercial officer of the group and lead its global marketplace organisation.
Fashion · Design
Gap's upscale line, designed by creative director Zac Posen, reportedly comprises twenty men's and women's pieces distributed in a selection of stores in the United States and internationally, according to WWD.
