The latest Adidas by Stella McCartney collection debuts Friday and has a more eco-friendly slant than ever, as well as coming with a campaign featuring a number of activists, as well as brand favorite Lourdes Leon.
Sunday, 17 January 2021
The game of musical chairs continues at LVMH. One week after naming Anthony Ledru as the new CEO of Tiffany & Co., the global luxury conglomerate has announced the appointment of David Ponzo as executive vice president for global commercial activities at Louis Vuitton. This role was previously held by Ledru prior to his move to the American jeweler, which was acquired by the French luxury group earlier this month.
French cosmetics retailer Sephora revealed a new action plan in the U.S. to help combat racial bias that includes changes across its marketing and merchandising sectors, in-store operations, and corporate workspaces. The action plan, announced on Wednesday, coincides with the release of a study the beauty retail giant commissioned on Racial Bias in Retail.
The Estée Lauder Companies has named Dave Smith as senior vice president, new business development. He will report to Andrew Ross, executive vice president, strategy, new business development, and integration.
Friday, 25 December 2020
L’Oréal announced on Wednesday that it has entered into an agreement to acquire Japanese skincare company Takami Co.L’Oréal said the acquisition of the company, which develops and markets Takami-brand skin care products, should be completed within the next few weeks.
Actress and entrepreneur Millie Bobby Brown have purchased a majority stake in Florence by Mills, the Gen-Z clean beauty and skincare brand launched in 2019. According to a report from WWD, Beach House Group, the brand incubator that helped develop and launch Florence by Mills, has sold a majority of its equity stake to the Brown family. The group will now serve as a minority shareholder, and Paula Pontes will stay on as the brand's chief executive officer, the report said.
German fashion e-tailer Zalando has announced the appointment of Laura Coppen as its circularity director. For nearly five years, Coppen has been one of the main forces in developing the H&M group's sustainability and circularity strategy. With the appointment, Zalando is upscaling its recently heralded ambitions in the area and intends to push its partner labels towards greater transparency.
New York-based fashion brand Veronica Beard has announced that it will open its next store in Boston – its first location in the city – in mid-January 2021. Located at 145 Newbury Street, the 1,000-square-foot store will offer visitors the full Veronica Beard ready-to-wear, denim, and footwear collections, along with a curated selection of third-party products.
Tuesday, 22 December 2020
The appeal by the High Commissioner for Human Rights follows seven weeks of conflict in northern Ethiopia between central Government soldiers and Tigray People’s Liberation Front (TPLF) forces that have displaced tens of thousands. “Fighting is said to be continuing, particularly in some areas of north, central and southern Tigray”, Ms. Bachelet said in a statement, highlighting how the lack of overall humanitarian access and ongoing communications blackout in many areas had continued to raise concerns about civilians.
H&M Group is continuing to embed sustainable practices throughout its operations and has announced the introduction of a new multi-brand paper packaging system that’s reusable and recyclable. The company is currently diving deep into digital and said the fact that e-commerce is increasing worldwide is driving large amounts of plastic waste, so there’s “an increased need to find new solutions for more sustainable packaging”.
Nike Inc said on Friday that full-year revenue will likely be better than previously expected after COVID-wary shoppers demanding outdoor sportswear drove its third consecutive surge in online sales. Shares in Beaverton, Oregon-based Nike were up about 5% in trading after the bell. They have gained about 37% this year.
Browns is backing Versace’s low-waist trousers for the SS21 season, as well as Bottega Veneta’s summer jumpsuit, Gucci’s flared jeans, and Kwaidan Editions’ oversized blazer in the season’s hot, bright green. The Versace key items are influenced by the 1990s trend and are among the “sexiest and lowest cut trousers of the season”, the retailer said in its new-season trend report. And that other pant favorite from Gucci is described as “the ultimate flared denim jean to flatter any shape”.
Chanel has announced the appointment of its latest ambassador, and a new literary lioness for the Maison, the blue-blooded Charlotte Casiraghi of Monaco. Casiraghi debuts her new role as ambassador and spokesperson for the house on January 1st, 2021. She will also be the face of the Spring-Summer 2021 Ready-to-Wear campaign photographed in Monaco by Inez van Lamsweerde and Vinoodh Matadin.
Monday, 21 December 2020
UN chief commends ‘swift action’ by Nigerian authorities as more than 300 boys are reunited with their families
After the release of the boys kidnapped by armed men from Government Science Secondary School in Kankara, on 11 December, Secretary-General António Guterres called for the “immediate and unconditional release of those who remain abducted”.
The Food and Agriculture Organization (FAO), UN Children’s Fund (UNICEF), World Food Programme (WFP), and other humanitarian aid organizations, are scaling up their responses to save lives and avert a total collapse of livelihoods in hard-to-reach areas.
Operation KAFO II targeted smuggling hotspots in Burkina Faso, Côte d’Ivoire, Mali, and Niger over a seven-day period, resulting in the arrest of a number of suspected terrorists and the seizure of illicit firearms, ammunition, and explosives. “The fight against illicit firearms trafficking requires strong international and inter-agency cooperation, to identify the source of these arms and bring perpetrators to justice”, said UNODC Executive Director Ghada Waly.
On Monday afternoon, the president-elect received his first dose of the COVID-19 vaccine on live television in an effort to show the American public that the vaccine is safe.
LVMH is expanding the remit of its head of hotels, Andrea Guerra, to include overseeing Italian fashion brands Fendi and Loro Piana from January, the French luxury conglomerate said on Friday. Guerra, 55, who became one of Italy’s best-known executives during a decade at the helm of eyewear giant Luxottica, joined LVMH earlier this year. Fendi Chief Executive Serge Brunschwig and Loro Piana boss Fabio d’Angelantonio will report to Guerra, who is also a member of LVMH’s executive committee.
The Eutopia investment fund, specialized in start-ups addressing new consumer needs, has completed a first funding round worth €100 million in total. Eutopia is based in Paris and New York, and its portfolio includes cosmetics brands like Oh My Cream!, Merci Handy, and Même. At the end of 2019, Eutopia announced the completion of an intermediate funding round worth €40 million for Eutopia II, its second investment vehicle focusing on emerging brands.