Category: Fashion

The Nordstrom family and Mexican department-store chain El Puerto de Liverpool SAB closed a deal to acquire the company in May in an all-cash transaction valued at about $6.25 billion.

Revenue for the Canadian parent company of Garage jumped by 45 percent from a year ago to $284 million in the period ended Jan. 31, beating analysts’ expectations.

Revenue in the fiscal quarter that began in March is expected to decline 2 to 4 percent.

The programme was established after dozens of women came forward with allegations of abuse by former Harrods owner Mohamed Al Fayed.

Seven years after its relaunch, the cult British magazine is closing in its ‘current iteration.’ Longtime editor-in-chief Matthew Whitehouse exited the publication in January.

From Warhol to Jordan Wolfson, art is often driven by the tools that once terrified it. Prada’s polarising Wolfson campaign makes the case that AI is no different.

Kering boss Luca de Meo is reconfiguring CEO incentives with a focus on desirability over top-line growth. AI has made it easier to process data from surveys, social media and more — putting desirability in the spotlight across the industry.

The reaction to Prada’s unsettling new campaign reveals an emerging sentiment in online audiences who see AI and luxury as incompatible.

The ‘everyman’ skincare market is moving towards premiumisation, as brands like Johnson’s Papatui ditch traditional one-note marketing for a more considered approach.

The Spanish owner of Byredo, Rabanne and Charlotte Tilbury and the American conglomerate confirmed on Monday that they are in discussions to combine their businesses.