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France 24A French parliamentary committee begins examining a bill on June 17 aimed at limiting growth of ultra-fast fashion retailers. The review follows Shein's departure from a Paris department store after months of criticism over its business model.
winnipegfreepress.comThe 58-year-old former supermodel says she was 17 when sent to Paris in 1986 and housed in Gérald Marie’s apartment. A prior 2021 complaint was dismissed under France’s statute of limitations.
upi.comJonathan Andic, son of Mango founder Isak Andic, announced he is stepping down temporarily as vice chair after being named a suspect. Isak Andic died in December 2024 after falling from a cliff near Barcelona while hiking with his son.
swissinfo.chThe family that controls Chanel is positioned to collect at least $21 billion in distributions over ten years. The payments coincide with continued strength for the brand while some competing luxury companies face weaker demand.
fastcompany.comFashion reporter Lauren Sherman reported this week that Shein is considering the purchase of Everlane. Everlane has faced financial losses and closed its San Francisco office in April. Neither company has confirmed the report.
medpagetoday.comObesity treatments have become the leading driver of pharmaceutical research and development gains, surpassing oncology. A Deloitte partner highlighted concentration risks for companies reliant on these drugs. Plus-size model Ashley Graham described the trend as disheartening for…
Italian luxury group Prada reported a 3% revenue increase at constant exchange rates for the first quarter of 2026, excluding Versace's contribution. The growth was fueled by double-digit sales in the Americas, offsetting weaknesses in Europe and the Middle East. This marks a pos…
Substrate placeholder — needs reviewStefano Gabbana has resigned from his position as chairman of the Italian fashion company Dolce & Gabbana. He is evaluating options for his stake in the firm. This development precedes negotiations with the company's bank lenders.