Gwyneth Paltrow’s wellness company is launching Good.Clean.Goop, a new brand available at Target and Amazon starting on October 22. From its $5,000-plus In Goop Health summit ticket packages to its lavish annual gift guide that has generated headlines with items such as an $8,000 G. Label necklace and 18-karat gold dumbbells for $125,000, the lifestyle...Read More
Calvin Klein has named Eva Vidal Dans as chief product officer, effective immediately. She succeeds Jacob Jordan who had been global chief merchant and product strategist since October, 2020, and left in May. Dans will report to Eva Serrano, global brand president of Calvin Klein. In this role, Dans will oversee the entire product creation...Read More
Lululemon Athletica Inc. climbed Monday following news that the athleisure company will join the S&P 500 Index, notching its seventh straight session of gains and extending its outperformance this year. The stock rose 10 percent to close at $416.64, the highest level since December 2021, after an announcement Friday that the company will join the...Read More
LONDON — Manju Malhotra, chief executive of Harvey Nichols, is stepping down. She was appointed to the big job at the luxury department store in January 2021, reporting to Sir Dickson Poon, the chairman and owner of Harvey Nichols since 1991 through his company Dickson Concepts. Malhotra has been part of Harvey Nichols for 25...Read More
Parade, the buzzy, Gen-Z-founded intimates start-up, announced on Tuesday that it is set to be acquired by Ariela & Associates International, which owns the licence to Fruit of the Looms’ bra line. Terms of the deal were not disclosed. Parade will use its new parent company’s resources, including design and forecasting, to further sales growth...Read More
Shein’s mysterious algorithms have landed at the centre of a headline-grabbing new lawsuit against the fast-fashion juggernaut. Last week, three artists filed a complaint in a California federal district court accusing Shein of such rampant intellectual-property theft it amounts to racketeering. In their view, Shein is liable under the civil portion of the Racketeer Influenced...Read More
Sephora, the LVMH Moët Hennessy Louis Vuitton-owned cosmetics retailer, is scouting for a new leader for China to spur growth and better serve well-heeled customers. According to Bloomberg sources, the management reshuffle will happen as soon as this year. The company’s managing director for Great China has been Maggie Chan since 2018. A spokesperson for...Read More
