Nineteen companies are the initial members and their hope is that more will join to help with their efforts.
From fiscal 2022 onward, key environmental, social and governance metrics will be incorporated into executive remuneration.
Bambuser, a start-up specializing in livestream shopping, won the LVMH innovation award.
The Grand Outlet Riviera Maya is set to measure almost 1 million square feet of mixed retail, restaurant and entertainment space.
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.
WWD checks in on whether fashion’s 20 most valuable companies are keeping their commitments to diversity and inclusion.
The commercial will showcase athletes in the brand’s Amateur Support Program, which champions unsponsored runners.
The retailer said it is investing in DroneUp, a drone services company that it has previously worked with on delivery trials.
A roundup of who’s been hired, fired or maybe just jumped ship in media land over the past few weeks.
Stefan Larsson spoke briefly about the challenging 2020 and the accelerated recovery taking place.
The Hong Kong-based manufacturer is negotiating with lenders over rising debts that are past due.
Ingredient brand Isko discusses its ambitious goals and priorities for denim production.
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.
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.
E-commerce shows sustained momentum, while expectations skyrocket for Amazon Prime Day across categories…that is, apart from fashion.
Data use and artificial intelligence figured highly in discussions on Vivatech’s opening day.
Aiken will be based in New York and will be working to build vendor partnerships and exclusives.
A group of workers in Florence expressed opposition to the company’s ongoing negotiations with Interparfums for the licensing of Ferragamo perfumes.
Fashion app The Yes reveals that it’s launching a new neural network-powered website during Fairchild’s Tech Forum on Wednesday.
Organizations focused on Black talent in the fashion and beauty industries have made great strides in one year but agree more work is needed.
A wide-ranging deal between LVMH and Google Cloud includes codeveloping algorithms.
With its five-year business plan, the trade show operator is planting the seeds to boost Milan’s attractiveness and support Italy’s SMEs.
Alain Bernard has stepped down as Richemont’s CEO for North America to start a purpose-driven consulting agency, Abbey Road Advisory.
Chief brand officer Ana Andjelic believes Banana’s vintage safari looks appeal to both older audiences and Gen Z.
He will assume the role of senior strategic adviser to the company.
The duties of departing senior merchant Stacie Borteck are being assigned to EVPs Denise Magid and Dan Leppo.
Michael Renz, global retail technology leader at EY, identifies notable trends shaping retail for the second half.
The former Cherokee executive will be based in London where he will be opening an office and building a team.
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.
Industry veteran Daniela Ott has worked in luxury hotels, at Kering, and ran her own consultancy.
The company’s CX series aims to fuel movement with its progressive design ethos.
Chanel chief financial officer Philippe Blondiaux said profitability was on track to return to 2019 levels after plummeting last year.
Bally has opened a new interactive flagship in New York’s Meatpacking District, which represents a larger strategy to engage younger shoppers with experiences.
The mall REIT’s bankruptcy included a prepared restructuring proposal, but the process will also test retail’s uncertain value in a pandemic.