Filati Biagioli

Mergers and Acquisitions

Ermenegildo Zegna, Prada Buy Italian Cashmere Company Together

In what is surely a major new partnership and a sign of an increased effort to protect the country’s unique supply chain, the two companies have joined forces to acquire a majority stake in Filati Biagioli Modesto S.p.A.

clock 17mLuisa Zargani

A look from Gymshark.

Business Features

Gymshark, a $500 Million D-to-c Brand, to Create Hundreds of Jobs

Gymshark has aggressive growth targets, according to general manager of North America Henry Spear.

clock 47mRosemary Feitelberg

L'Avant Coureur concept store

Retail

Experience Matters: L’Avant Coureur Straddles Line Between Art and Fashion

Mourad Behlouli’s new store in the north suburb of Paris will sell fashion designs that aren’t available elsewhere in the market.

clock 8hMimosa Spencer

Facebook officially announces Live Audio Rooms, as well as a new podcast service. These are the first of several new audio features to come, the company said.

Technology

What to Know About Facebook’s New Clubhouse Clone

Facebook’s audio initiative officially gets underway with the launch of Live Audio Rooms, the social media giant’s version of Clubhouse.

clock 13hAdriana Lee

Michelle Lee

Media

Michelle Lee Exits Allure, Heads to Netflix

Lee has been editor in chief at the Condé Nast-owned brand since 2015.

clock 14hKathryn Hopkins

Bernard Arnault.

Retail

Bernard Arnault Talks La Samaritaine, Tourism and Breakfast on the Seine

In an interview with WWD, LVMH CEO Bernard Arnault sets out his ambitions for La Samaritaine after 16 years of renovations.

clock 16hJoelle Diderich

A still from Tiffany & Co.'s Pride Month campaign.

Retail

Coach, Tiffany and CFDA Talk Pride, LGBTQ Marketing and Backlash

The theme of the conversation was “Pride on Fifth,” sponsored by the Fifth Avenue Association.

clock 17hLisa Lockwood

hand holding cell phone with the Saks Off 5th app

Mergers and Acquisitions

Saks Off 5th Splits E-commerce and Retail

The now stand-alone digital off-price concept received a $200 million investment from Insight Partners, scoring a big new valuation.

clock 18hEvan Clark

The retailer is prioritizing rapid delivery options, including its express service, as it competes with Amazon and others.

Retail

Walmart Looks to Speed Up Deliveries In Retail’s Pandemic Contest

The retailer is prioritizing rapid delivery options, including its express service, as it competes with Amazon and others.

clock 19hSindhu Sundar

French President Emmanuel Macron joined luxury magnate Bernard Arnault to inaugurate the renovated La Samaritaine department store in Paris.

Retail

French President Emmanuel Macron Inaugurates La Samaritaine

The French leader joined luxury magnate Bernard Arnault to unveil a plaque at the department store after a 16-year renovation.

clock 24hJoelle Diderich

David Haskell

Media

Media People: David Haskell, Editor in Chief of New York Magazine

The magazine’s top editor since 2019 on his career, running New York Magazine and its verticals, and his side gigs.

clock June 21, 2021Kathryn Hopkins

LVMH's Bernard Arnault

Technology

Livestream Shopping Start-up Bambuser Gets LVMH Innovation Prize

Bambuser, a start-up specializing in livestream shopping, won the LVMH innovation award.

clock June 18, 2021Mimosa Spencer

Retail

EXCLUSIVE: Pandemic Delays Opening of Mexico’s Largest Luxury Mall

The Grand Outlet Riviera Maya is set to measure almost 1 million square feet of mixed retail, restaurant and entertainment space.

clock June 18, 2021Ivan Castano

An image from the Great Britain and Ireland campaign, featuring Johnstons of Elgin.

Government and Trade

British Luxury Lobby Welcomes Airbus-Boeing Truce, End to 25% Tariffs

British luxury makers, who were caught in the crossfire of a 17-year WTO dispute about large civil aircraft production, are relieved that punitive tariffs on British luxury exports to the U.S. have been canceled.

clock June 18, 2021Samantha Conti

The Supreme/Emilio Pucci capsule collection dropping on June 10.

Mergers and Acquisitions

LVMH Takes Full Control of Emilio Pucci

The family sold its remaining stake and Laudomia Pucci will dedicate herself to archives and heritage promotion.

clock June 18, 2021Miles Socha

Businesspeople walking at modern office. Group of business employees at coworking center. Motion blur. Concept work process. Wide image

Business Features

Tracking Fashion’s Diversity: What the 20 Biggest Apparel Companies Have Done Since the Black Squares

WWD checks in on whether fashion’s 20 most valuable companies are keeping their commitments to diversity and inclusion.

clock June 18, 2021Tara Donaldson

Tracksmith spring '21

Media

Tracksmith to Air First Commercial During Track and Field Olympic Trials

The commercial will showcase athletes in the brand’s Amateur Support Program, which champions unsponsored runners.

clock June 18, 2021Jean E. Palmieri

Advertising is now globally available on Instagram's Reels.

Technology

Instagram Reels Lets Loose With Ads

Insta’s short-video TikTok clone rolls out advertising globally.

clock June 17, 2021Adriana Lee

The retailer said it is investing in DroneUp, a drone services company that it has previously worked with on delivery trials.

Retail

Walmart Invests in Drone Deliveries in E-commerce Quest

The retailer said it is investing in DroneUp, a drone services company that it has previously worked with on delivery trials.

clock June 17, 2021Sindhu Sundar

Mj Rodriguez, Chella Man feature in In The Know's new digital cover.

Media

2021 Media Moves: Elaine Welteroth Joins In the Know and More

A roundup of who’s been hired, fired or maybe just jumped ship in media land over the past few weeks.

clock June 17, 2021Kathryn Hopkins

Stefan Larsson and Manny Chirico of PVH Corp.

Markets

PVH’s Virtual Annual Meeting: Talk of Recovery and Growth Opportunities

Stefan Larsson spoke briefly about the challenging 2020 and the accelerated recovery taking place.

clock June 17, 2021Lisa Lockwood

Spyder RTW Fall 2021

Mergers and Acquisitions

GBG Will Use Proceeds From Sale of Korean Unit to Continue Operating

The Hong Kong-based manufacturer is negotiating with lenders over rising debts that are past due.

clock June 17, 2021Jean E. Palmieri

ISKOFWcollection1

Business Features

Isko Dives Deep Into ‘Waste Hierarchy,’ R-Two Technology

Ingredient brand Isko discusses its ambitious goals and priorities for denim production.

clock June 17, 2021Tracey Meyers

Chiara Ferragni

Mergers and Acquisitions

Chiara Ferragni Takes Full Control of Her Company

The digital entrepreneur now has 100 percent of Tbs Crew Srl, the company that manages her The Blonde Salad online magazine and activities.

clock June 17, 2021Luisa Zargani

Salvatore Ferragamo tapped several influencers for its Gancini digital project.

Marketing and Promotion

There’s More to Influencer Marketing Than Product Placement

Dressing top personalities is still effective in amplifying a brand’s momentum on social media, but prioritizing storytelling and values over products is the way forward.

clock June 17, 2021Sandra Salibian

Ermenegildo Zegna Men's Fall 2021

Business Features

Italy’s M&A Evolution

Alongside acquisitions such as Fosun’s recent takeover of Sergio Rossi, M&As in Italy have also included those aimed at protecting the country’s manufacturing pipeline and craftsmanship.

clock June 17, 2021Luisa Zargani

Fendi RTW Fall 2021

Business Features

China, E-commerce Bolster Luxury Fur Sales in COVID-19 Year, Report Says

The global retail fur trade is worth $20.1 billion according to a new study commissioned by the International Fur Federation to be released on June 17.

clock June 17, 2021Samantha Conti

A still shot from a video promo for Amazon's Prime Day, June 21 and 22.

Technology

Adobe Data Suggests Amazon’s Prime Day Fashion Game’s Not Strong

E-commerce shows sustained momentum, while expectations skyrocket for Amazon Prime Day across categories…that is, apart from fashion.

clock June 16, 2021Adriana Lee

LVMH at Vivatech

Technology

Vivatech Kicks Off First Post-pandemic Show in Paris

Data use and artificial intelligence figured highly in discussions on Vivatech’s opening day.

clock June 16, 2021Mimosa Spencer

John Elkann

Mergers and Acquisitions

Exor Invests in Italy’s Consumer Goods Excellence

Exor is investing in consumer goods excellence by supporting the global development of medium-sized Italian companies, partnering with Hong Kong’s World-Wide Investment Company Ltd.

clock June 16, 2021Luisa Zargani

Lisa Aiken

Retail

EXCLUSIVE: Lisa Aiken Joins Neiman Marcus as Fashion, Lifestyle Director

Aiken will be based in New York and will be working to build vendor partnerships and exclusives.

clock June 16, 2021David Moin

Stella McCartney takes over the screens at Piccadilly Circus

Retail

Can Central London Come Back to Life?

London authorities want to revive Oxford Circus to rival New York’s Times Square.

clock June 16, 2021Natalie Theodosi

The Ferragamo fragrance for men.

Legal

Salvatore Ferragamo’s Employees Strike for Possible Fragrance Deal

A group of workers in Florence expressed opposition to the company’s ongoing negotiations with Interparfums for the licensing of Ferragamo perfumes.

clock June 16, 2021Sandra Salibian

Julie Bornstein, chief executive officer and cofounder of The Yes, during Wednesday's Tech Forum panel, "The View from Next-Gen Fashion and Retail."

Technology

EXCLUSIVE: The Yes Launches Fashion Intelligence-Driven Website

Fashion app The Yes reveals that it’s launching a new neural network-powered website during Fairchild’s Tech Forum on Wednesday.

clock June 16, 2021Adriana Lee

Google unveiled its first retail store in New York City's Chelsea neighborhood, in the ground floor of its NYC headquarters.

Technology

Google Introduces First Physical Store in NYC

Opening Thursday in Chelsea, Google’s first permanent retail location pushes its tech experience, not product.

clock June 16, 2021Adriana Lee

Boxine

Retail

Toniebox-maker Taps PTC for Retail PLM Solution

The upgrade replaces “disparate, disconnected spreadsheets” the company had been using.

clock June 16, 2021WWD Staff

An illustration by Mona Chalabi for the 15 Percent Pledge.

Business Features

Is the Fashion Industry Still Supporting Black Organizations?

Organizations focused on Black talent in the fashion and beauty industries have made great strides in one year but agree more work is needed.

clock June 16, 2021Obi Anyanwu

Dior

Technology

LVMH Strikes Deal With Google Cloud to Ramp Up AI Efforts

A wide-ranging deal between LVMH and Google Cloud includes codeveloping algorithms.

clock June 16, 2021Mimosa Spencer

Matilde Gioli fronting the White Milano ad campaing dubbed "Sign of the Times.

Markets

White Milano Plots Size and Scope Expansion in the Aftermath of COVID-19

With its five-year business plan, the trade show operator is planting the seeds to boost Milan’s attractiveness and support Italy’s SMEs.

clock June 16, 2021Martino Carrera

Alain Bernard of Abbey Road Advisory.

Business Features

Richemont North America CEO Departs to Start Consulting Firm

Alain Bernard has stepped down as Richemont’s CEO for North America to start a purpose-driven consulting agency, Abbey Road Advisory.

clock June 16, 2021Misty White Sidell

From the Banana Republic Vintage campaign.

Retail

Banana Republic Recycles Vintage for a Modern Approach

Chief brand officer Ana Andjelic believes Banana’s vintage safari looks appeal to both older audiences and Gen Z.

clock June 16, 2021David Moin

two women shoppers with bags looking in store window smiling

Financial

Retailers Prepare for Spending Bounceback

Fashion companies have retooled and are ready to chase consumers as they open their wallets back up.

clock June 15, 2021Evan Clark and Sindhu Sundar

Wayne Miller

Markets

Wayne Miller to Step Down as Chief Operating Officer of G-III Apparel Group

He will assume the role of senior strategic adviser to the company.

clock June 15, 2021Lisa Lockwood

ITA

Business Features

WWD_Studios_Logo

‘Made in Italy’ Magnified

The Evening Dresses Show returns in September to debut ‘made in Italy’ eveningwear for a global audience.

clock June 15, 2021WWD Studios

Retail

Bloomingdale’s Resets Responsibilities of Top Merchants

The duties of departing senior merchant Stacie Borteck are being assigned to EVPs Denise Magid and Dan Leppo.

clock June 15, 2021David Moin

Fashionable woman wearing protective face mask shopping clothes in reopen retail shopping store. New normal lifestyle during corona virus pandemic.

Retail

Consumer Trends Grow Clear as Mandates Lift and Shoppers Emerge From Home

Michael Renz, global retail technology leader at EY, identifies notable trends shaping retail for the second half.

clock June 15, 2021Arthur Zaczkiewicz

Henry Stupp

Human Resources

Henry Stupp Joins ABG to Oversee EMEA, India Regions

The former Cherokee executive will be based in London where he will be opening an office and building a team.

clock June 15, 2021Jean E. Palmieri

The lit Neiman Marcus exterior at the Roosevelt Field Mall in Garden City, N.Y.

Retail

Neiman’s Turns Toward Technology With Heightened Investments

NMG cites its acquisition of Stylyze Inc. personalization platform as an indication that it’s rebounding and in a position to invest in further technology capabilities.

clock June 15, 2021David Moin

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Essentialist

Today's Must Read

Dan Levy of Schitt's Creek will officially open men's fashion week in Paris.

Fashion

Dan Levy of 'Schitt's Creek' Opens Paris Fashion Week With a Monologue

clock 12mMiles Socha

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