Fashion

Canopy adds eight new fashion partners as industry pressure mounts to protect ancient forests

Environmental non-profit Canopy has expanded its fashion-sector coalition, adding eight companies to its Pack4Good and CanopyStyle initiatives in a move that underscores the industry’s accelerating pivot toward forest-free materials. Marc O’Polo, Victoria’s Secret & Co., Akyn, Mint Velvet, Spell, OUTnABOUT, DÔEN and ICICLE have all signed on to...

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BusinessMember

Black Friday 2025: How EU and US brands are reshaping discount strategies

As the 2025 holiday season approaches, fashion retailers throughout the EU and US are moving into a discounting period defined by caution, compressed shopping calendars and tighter margins. Despite improved consumer sentiment, data platforms like Deloitte and PwC are projecting a year-over-year decline in holiday spending, pushing brands to...

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People

LuxExperience appoints Francis Belin as CEO of Mytheresa

German fashion retailer Mytheresa is preparing for a change in leadership. On Tuesday, listed parent company LuxExperience B.V. (LuxExperience) announced the appointment of Francis Belin as CEO of Mytheresa. He will assume his new role on January 1, 2026. Belin succeeds Michael Kliger. As group CEO of LuxExperience, Kliger will remain...

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BusinessMember

Kering launches “House of Dreams”: why this internal fund is at the heart of its strategic overhaul

Kering has quietly laid a major cornerstone of its transformation strategy. Luca de Meo, appointed chief executive officer (CEO) in June, has proposed the creation of a new investment entity named House of Dreams. This entity is designed to identify, acquire stakes in, and grow emerging brands to reduce the group's heavy dependence on Gucci. The...

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