Companies
Ferragamo appoints Fabrizio Freda as Special Strategic Advisor
Ferragamo Finanziaria, the holding company of the Ferragamo family and the controlling shareholder of the luxury group, has appointed the former CEO of The Estée Lauder Companies as Special Strategic Advisor
Yue Yen signals steep first-quarter profit drop of up to 55%
The Hong Kong-based footwear manufacturer expects its first-quarter profit attributable to owners to fall 50-55% amid market headwinds, including fluctuating demand and reciprocal tariffs
ABF to separate Primark from food business by 2027
Following an in-depth review of the company’s structure, the board of Associated British Foods (ABF) has announced plans to separate the fashion retailer from its food business before the end of 2027
Stella International posts modest first-quarter growth as it ramps up capacity
The Hong Kong-based group highlighted that it is ramping up capacity in Indonesia, Bangladesh, and Vietnam as part of its 2026 ‘investment year’, while reporting modest growth in the first quarter
Allbirds pivots from footwear to AI infrastructure
The sneaker brand is still selling its intellectual property and footwear assets to the American Exchange Group, but it will be shifting its focus to AI compute infrastructure in its new life
Hermès grows, but momentum eases in the first quarter
The France-based luxury group reported solid growth in the first quarter of 2026. Geopolitical tensions in the Middle East and uneven regional trends had a negative impact on performance
Puma appoints first ever Vice President Creative Direction
The Germany-based sportswear company has appointed James Carnes to the newly created role of Senior Vice President of Creative Direction. He will oversee creative direction, innovation and product excellence
Kering signals slow recovery despite Gucci’s weakness
The France-based luxury group has reported early signs of recovery. However, growth across several of its Houses has been partly offset by continued weakness at its flagship label, Gucci
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Dolce & Gabbana reshapes leadership
The Italy-based fashion house has appointed Stefano Cantino as co-chief executive officer, while the company’s co-founder, Stefano Gabbana, stepped down from his formal governance roles
Conflict in the Middle East weighs on LVMH’s first-quarter sales
The France-based luxury group has reported a mixed first quarter, with resilient demand across key markets being partially offset by geopolitical tensions in the Middle East
Uniqlo owner raises full-year outlook on strong first-half
The Japan-based fashion retailer has revised its full-year outlook upwards, following a strong first-half performance that was marked by Uniqlo’s growth at home and especially abroad
New Generation: Pedro Pereira, Vapesol
Pedro Pereira is the second generation of his family to lead Vapesol. As the Portuguese footwear components company celebrates its 28th year of business, he continues his father’s legacy
Vinted grows in 2025 as profits fall on higher investment
The Lithuania-based second-hand marketplace reported significant growth in GMV and revenue in 2025, despite a decline in profits due to increased investment in expansion, logistics, and payments
Dr. Martens restructures leadership to accelerate consumer-first strategy
As part of a restructuring aimed at simplifying the operating model in line with the new consumer-first strategy, the UK-based footwear company has appointed General Managers for all its major markets-
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