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Business

Facebook's Kustomer deal may hurt competition, EU regulators say

Facebook's Kustomer deal may hurt competition, EU regulators say

Facebook's acquisition of U.S. customer service startup Kustomer may hurt competition and boost its market power in online ads, EU antitrust regulators warned Monday as they opened a major investigation into the deal.
Fashion
Business
German retail sales jump for second month in a row

German retail sales jump for second month in a row

German retail sales increased much more than expected in June following an easing of Covid-19 restrictions, supporting a consumer-driven recovery in Europe's largest economy.
Fashion
Business

Square to buy Afterpay for $29bn as buy now, pay later booms

Square, the payments firm of Twitter co-founder Jack Dorsey, on Monday said it has agreed to purchase buy now, pay later (BNPL) pioneer Afterpay, offering a 30% premium in a giant share-swap deal
Fashion
Business

Private equity firm CD&R prepares Morrisons counter-bid - report

Private equity firm Clayton, Dubilier & Rice (CD&R) is poised to start a bidding war for British supermarket chain Morrisons, the target of a £6.3 billion ($8.8 billion) offer from a group led by another U.S. firm.
Fashion
Business

Design

Carolina Herrera's Wes Gordon to receive an award from FIT

Carolina Herrera's Wes Gordon to receive an award from FIT

Wes Gordon, the creative director of Carolina Herrera, is set to receive the 2021 Couture Council Award for Artistry of Fashion from The Museum at FIT.
Luxury
Design
Red Carpet Green Dress 2021 competition returns

Red Carpet Green Dress 2021 competition returns

Red Carpet Green Dress (RCGD) is set to launch the next edition of its global design contest, as it opens for applications on Friday. 
Fashion
Design

Nicky Zimmermann on 'The Postcard' resort 2022; opening in Cannes and making it from Australia

Australia, a country known for punching above its weight in sport, literature, cinema, media, wine and the pursuit of happiness, has tended to underperform when it comes to fashion. One major exception is Zimmermann. 
Fashion
Design

From dresses and skorts to hijabs, badminton's women wear what they like

Female athletes have fought long and hard for the right to choose what they wear when they compete at the Olympics, and at the Tokyo Games more and more athletes and fans are speaking out and taking action.
Fashion
Design

Appointments

SMCP's Daniel Lalonde to lead Design Holding

SMCP's Daniel Lalonde to lead Design Holding

​Following news on Monday that Daniel Lalonde is moving on from his role as CEO of SMCP, Design Holding has announced his appointment as its new chief executive with effect from October.
Luxury
Appointments
Guichot becomes SMCP chief as Lalonde quits for new opportunity

Guichot becomes SMCP chief as Lalonde quits for new opportunity

​Big change is coming at SMCP. On Monday, the Sandro, Maje, Claudie Pierlot and Fursac owner named Isabelle Guichot as its new CEO, to replace Daniel Lalonde who’s off to pastures new.
Fashion
Appointments

Boohoo founder must give evidence in US case

​The founder of Boohoo Group, Mahmud Kamani, who’s executive chairman at the fast fashion company, has been told he has to give evidence in a US lawsuit. 
Fashion
Appointments

Saks Off 5th appoints Amazon alum as chief operating officer

Hot on the heels of its spin-off as a standalone company, the Saks Off 5th e-commerce business has announced the appointment of former Amazon exec Shivi Shankaran as its new COO.
Fashion
Appointments

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