Norma Delaney has a new gig. The former chief marketing officer of Johnnie-O has joined Carhartt as vice president of brand marketing and creative. Delaney, who was also global vice president of brand and U.S. marketing at Hoka, has worked at New Balance, Adidas, Sperry Top-sider and Keds over the course of her more than...Read More
Fashion makes for great eye candy on film and TV, whether it’s a storytelling vehicle as seen in the TV hit “Emily in Paris,” a documentary take like this year’s “High & Low: John Galliano” or just window dressing, as seen in “Feud: Capote vs. The Swans.” Coming this fall 2024 is a new set...Read More
Bath & Body Works missed Wall Street’s sales forecast in its second quarter and lowered its full-year outlook amid a challenging backdrop of economic uncertainty and consumers tightening their purse strings. The company reported net sales of $1.53 billion for the quarter ended Aug. 3, a decrease of 2.1 percent from a year earlier. Analysts...Read More
Alibaba has announced plans to voluntarily change its secondary listing status on the Hong Kong Stock Exchange to a primary listing, effective Aug. 28. The Hangzhou-based technology behemoth will have a dual primary listing on the HKEx and the New York Stock Exchange. The switch would enable Alibaba to tap into a pool of 220...Read More
Some of the biggest stars in country music attended the 2024 ACM Honors ceremony in Nashville on Wednesday. Held at the historic Ryman Auditorium, four-time ACM Award winner Carly Pearce hosted the event, where Lainey Wilson, Trisha Yearwood, Walt Aldridge, Tony Brown, Luke Bryan, Alan Jackson and Shannon Sanders were recognized for their work and contributions...Read More
Longchamp has conscripted Yitong Li, an up-and-coming Chinese actress, as its new face in the Chinese market. “We are delighted to welcome Yitong Li to the Longchamp family,” said Longchamp creative director Sophie Delafontaine. “Not only is she a highly talented actress, but her great energy and professionalism truly impressed me.” Delafontaine added that Li’s...Read More
The Estée Lauder Cos. is forecasting continued declines in prestige beauty in China next year. The beauty company, which just revealed that its longtime chief executive officer Fabrizio Freda will retire next year, said reported and organic net sales are forecast to range between a decrease of 1 percent to an increase of 2 percent in...Read More
Walmart Inc. threw its weight around in the second quarter, gaining share as the world’s largest retailer became even bigger. Revenues for the quarter ended July 31 grew 4.8 percent to $169.3 billion, with comparable sales in the namesake U.S. business rising 4.2 percent on top of a 6.4 percent gain a year earlier. Although...Read More
Tapestry Inc. — in the midst of a fight with the Federal Trade Commission to keep its $8.5 billion deal to buy Capri Holdings — topped Wall Street’s estimates in a fiscal fourth quarter that illustrated how the parent of Coach, Kate Spade and Stuart Weitzman could benefit from the deal. Net income for the quarter...Read More
Here, the latest executive moves in beauty — from wearable wellness company Ōura’s new chief design officer, to the newly-created roles at fragrance brands Ledda and House of Bō, and more. James Park courtesy James Park, most recently president at Herbivore Botanicals, has joined The 7 Virtues as chief executive officer. The 2010-founded fragrance brand...Read More
