Cédric Charbit, chief executive officer of Balenciaga since 2016, is to become the new CEO of Saint Laurent, effective Jan. 2. Gianfranco Gianangeli, previously CEO at Maison Margiela and currently chief commercial officer at Saint Laurent, is to succeed Charbit at Balenciaga on the same date. French group Kering, parent of both Paris-based houses, revealed...Read More
Adidas is introducing both a spongey new midsole technology and an early access program that rewards its most loyal customers. As the name suggests, Adidas Zponge is a highly compressional midsole material made out of a hyper-soft and lightweight compound. For its debut, Zponge has been applied at full-length underneath the upper of the Apollo,...Read More
Novo Nordisk A/S is launching its top-selling Wegovy obesity drug in China at a fraction of the US price, a key step in unlocking a big, fast-growing market for its blockbuster franchise. Initial prescriptions for the drug are expected to be issued in Shanghai this week, Yicai news service reported Monday. Wegovy is also listed...Read More