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
If you purchase an independently reviewed product or service through a link on our website, Footwear News may receive an affiliate commission. Slippers are a tried-and-true holiday gift, and this year, there’s a certain pair that your tuned-in loved ones want to see under the tree: Bombas Sunday Slippers, which just clinched a coveted spot...Read More
Designer Phillip Lim is stepping down as creative director of 3.1 Phillip Lim, the New York-based contemporary brand he co-founded in 2005 alongside chief executive Wen Zhou, who will take sole control of the brand. “As the brand moves into a new chapter, we are so proud of what we have built and the strength...Read More
LONDON — Ralph Lauren has been caught in a misinformation bind in China. Several local media outlets, namely Beijing Business Today, an influential state-run entity, said the brand reportedly suffered from a 95 percent order cancellation rate during this year’s Singles’ Day online shopping bonanza. Alibaba quickly struck down the reports. You May Also Like According to...Read More
Chanel is one of the world’s best-known luxury labels, but the family that owns the $20 billion brand remains shrouded in mystery. Brothers Alain and Gérard Wertheimer are rarely photographed. You’re more likely to find the billionaires on a horseracing track than at a fashion event, but when they do attend Chanel shows, they hang...Read More
Simon Porte Jacquemus, the charismatic French designer known for his sun-soaked, pop minimalist aesthetic, is seeking a minority investor to support his brand’s expansion, the company confirmed Thursday. In a luxury market dominated by corporate mega-brands, the designer has decided he needs additional funding to take his business to the next level, notably by opening...Read More
Nike has made two new appointments to its senior leadership team. The Swoosh on Wednesday announced it has promoted Ann Miller, Nike’s current executive vice president and chief legal officer, to the role of EVP global sports marketing. An 18-year veteran of Nike, Miller takes over the role from John Slusher who is retiring from...Read More
WWD and Placer.ai’s Retail & Apparel Trends: 2025 Outlook webinar last week zeroed in on some key points that revealed that the so-called “retail apocalypse” was a fallacy, and that it’s more of a renaissance where retailers were forced to transform their businesses, said guest Ethan Chernofsky, senior vice president of marketing at Placer.ai. The...Read More
The Worshipful Company of Cordwainers is launching a new prize for the 2025 edition of its annual Footwear Awards to celebrate and promote Britain’s shoemaking heritage. Called the Craft of Shoemaking Award, the honor was proposed and is sponsored by Cordwainer members and award-winning bespoke shoemakers Carréducker. Founded in 2004 by Deborah Carré and James...Read More
Discover the most relevant industry news and insights for fashion PR & communications professionals, updated each month to enable you to excel in job interviews, promotion conversations or perform better in the workplace by increasing your market awareness and emulating market leaders. BoF Careers distils business intelligence from across the breadth of our content —...Read More
