Mulberry’s Revamped Strategy: Bringing British Bags Back to the Forefront Mulberry, the iconic British luxury brand, has had its fair share of ups and downs over the years. Despite once being a beloved label known for its craftsmanship and quality, the company has struggled with dwindling profits and missed opportunities to capitalize on emerging trends. […]
The Future of DEI and ESG in a Hostile Political Environment
In the business landscape, the principles of Diversity, Equity, and Inclusion (DEI) alongside Environmental, Social, and Governance (ESG) frameworks are more crucial than ever. Yet, recent trends indicate a troubling shift. Despite initial enthusiasm following social movements, skepticism about the authenticity of corporate commitments to DEI and ESG is mounting as political hostility escalates. Historically, […]
Mike Ashley Calls for Accountability at Boohoo in Bid for Board Seat
Billionaire Mike Ashley has made headlines once again by renewing his bid for a board seat at Boohoo Group Plc, the online fashion retailer currently struggling with performance issues. Ashley, who owns over a quarter of Boohoo’s shares through his company Frasers Group Plc, describes the company as “underperforming” and lacking a “clear strategy to […]
Altuzarra Founder Joseph Altuzarra to Step Into CEO Role
In a significant leadership transition, Joseph Altuzarra, the founder of the renowned fashion house, is set to take over as CEO, marking a new chapter for the brand known for its sophisticated and feminine designs. The announcement comes as current CEO Shira Sue Carmi will step down on December 31, 2024, after five impactful years […]
François Pinault Out of the Global 100 Richest
Francois Pinault, the esteemed founder of Kering SA, has experienced a dramatic decline in his wealth, which has dropped by two-thirds from its peak in August 2021. As of November 2024, he is ranked No. 105 on the Bloomberg Billionaires Index, marking a significant departure from his previous position among the top hundred wealthiest individuals […]
Kering’s Balenciaga CEO Charbit Set to Lead Yves Saint Laurent
Kering SA, the luxury fashion powerhouse, is reportedly considering Cedric Charbit, the current CEO of Balenciaga, as the next leader of Yves Saint Laurent. The anticipated transition comes in the wake of Francesca Bellettini, the incumbent CEO, stepping into a more prominent role within the struggling French fashion conglomerate in 2023. This strategic move is […]
A First-Day Agenda for Estée Lauder’s New CEO
Stéphane de La Faverie, the incoming CEO of Estée Lauder Companies, has inherited a complex set of challenges that require urgent attention and strategic vision. The company recently revealed a 4% decline in net sales for its first quarter, resulting in a total of $3.36 billion, and a concerning 11% drop specifically from the Chinese […]
How to Design Wellness Programmes Employees Actually Use
The conversation around wellness in the workplace has gained significant traction, shifting from optional perks to essential components of employee satisfaction and productivity. Modern businesses, particularly in the fashion industry, are starting to recognize that wellness initiatives should be more than just superficial offerings. When designed thoughtfully, wellness programmes can serve as vital business tools […]
Report: Stéphane de La Faverie Named Estée Lauder CEO
The Estée Lauder Companies is taking a strategic step forward by naming Stéphane de La Faverie as its new chief executive officer, a move that has invigorated discussions in the beauty and financial sectors. This decision comes at a pivotal time for the American beauty conglomerate, an industry leader grappling with significant marketplace shifts and […]
The RealReal Names Rati Sahi Levesque as New CEO
After less than two years in the role, John Koryl has stepped down as CEO of The RealReal, the prominent online luxury consignment platform. The company announced this leadership change on Monday, naming Rati Sahi Levesque as the new chief executive officer, effective immediately. Levesque, a co-founder of The RealReal since its inception in 2011, […]