The fashion subscription service has announced that Lake will be transitioning from her role as CEO to that of executive chairperson of the board. She will be succeeded at the helm of the business by Elizabeth Spaulding.
British designer Paul Andrew, head of all collections at Florentine luxury brand Salvatore Ferragamo since 2019, will leave his role at the business in May. The brand’s in-house team will take over his responsibilities.
The private equity firm has taken a majority stake in the digital-native clean beauty brand, an investment that values the Santa Monica, California-based company at $1 billion and sets it up for accelerated growth.
Surging sales at Louis Vuitton and Dior helped French luxury giant LVMH make a very strong start to 2021, with overall revenues returning to growth in the first quarter despite new coronavirus lockdowns in Europe.
The American outdoor brand has announced the arrival of Matthijs Visch as its new general manager of EMEA. Having spent 19 years at Nike, Visch was most recently in charge of the company's operations in Eastern Europe.
Gym+Coffee, is continuing its drive into the UK with the opening of its second retail store outside of Ireland. Following an earlier debut at Westfield London, it’s opening in Manchester's Trafford Centre on April 17.
The US sport and sportswear giant has introduced a reconditioned shoes offering. Nike models that are returned as new within 60 days of purchase are reconditioned and then put up for sale at attractive prices.
Just as more and more brands opt for being super digital, Christian Dior is keeping it very real; and live, as it did Monday night, when it unveiled its pre-fall 2021 collection to an audience of 1,000 in Shanghai.