Posts by Kevin Harson
Coupang Says Farfetch Turnaround Is Taking Root
LONDON — Farfetch turned a profit in the fourth quarter of 2024 and parent Coupang is confident that its turnaround strategy for the once-ailing company is taking root. Coupang, a Fortune 200 company listed on the New York Stock Exchange, purchased Farfetch out of administration in late 2023 and pledged $500 million to help revive…
Read MoreSaks Global Is Cutting 5 Percent of Its Corporate Workforce
Saks Global is cutting 5 percent of its corporate workforce, or just under 150 staffers, WWD has learned. The cutback is part of the integration of Saks Fifth Avenue and the Neiman Marcus Group in the wake of Saks Global’s $2.7 billion purchase of NMG in December. Further consolidations, including layoffs, are expected. “We are…
Read MoreEddie Lampert Pressures Lands’ End to Find a Buyer
Edward “Eddie” Lampert wants Lands’ End to find a buyer. Lands’ End said on Tuesday that it received a letter from Lampert, its majority shareholder, requesting that it initiate a sale process to maximize shareholder value. Lands’ End investors approved and pushed shares of the company up 13.1 percent to $12.64 on Tuesday, giving the…
Read MoreNicholas Daley to Be Saluted With the Pratt Visionary Award
Pratt Institute has set its sights on the London designer Nicholas Daley to be honored with this year’s Pratt Fashion Visionary Award. He will be saluted at the “2025 Pratt Shows: Fashion” event at Powerhouse Books in Brooklyn on May 16. Announcing the news, the interdisciplinary design school highlighted Daley’s “impactful blend of heritage, identity,…
Read MoreAmelia Gray Hamlin Channels Her Inner Cher in Dramatic, Sheer Look for Dsquared2’s Fall 2025 Runway in Milan
Amelia Gray Hamlin was one of the notable names featured in the Dsquared2 fall 2025 show held in Milan on Tuesday. Wearing a statement-making, champagne-nude sheer look, the daughter of Lisa Rinna and Harry Hamlin spread her wings on the runway. Her look was inspired by Cher’s 1974 Met Gala dress created by Bob Mackie,…
Read MoreDoechii Walks the Runway to ‘Nissan Altima’ at Dsquared2’s Fall 2025 Milan Fashion Show
Doechii made her Milan Fashion Week debut on Tuesday, opening Dsquared2‘s fall 2025 presentation. The Grammy-winning rapper emerged from an armored truck before strutting down the runway to her track “Nissan Altima.” At the end of the catwalk, Doechii pulled out a cigarette from the makeshift carton affixed to her sleeve. Her edgy ensemble —…
Read MoreLeonardo DiCaprio Is Rolex’s Newest Ambassador, First Campaign to Air During the 2025 Oscars
Leonardo DiCaprio is now part of the Rolex family. The Oscar-winning actor was announced as the brand’s newest ambassador on Tuesday, following the release of Rolex‘s “Reach for the Crown” campaign. The video ad, which is now available on YouTube, features the actor among other brand ambassadors and is set to make its television debut…
Read MoreVisionnaire Sets the Tone With Milan Showroom Revamp, Gears Up for London and Shanghai Openings
MILAN — Outfitted with an art space and a vegan bistro, upscale Italian design firm Visionnaire wants end consumers to hang out a while. On Tuesday, Visionnaire, which was founded by the Cavalli family in Bologna, Italy, in 1959, unveiled a new redesign of its Milan flagship, which includes a new bistro and gallery space.…
Read MoreLondon Fashion Week Impressed Buyers Despite Compact Schedule
LONDON — London Fashion Week’s schedule may have been compact this season, but retailers argued that it was a powerful one for Britishness and individuality. Buyers were impressed by the resilient attitude of the designers who continued to push forward against a challenging backdrop in the U.K. Many retailers eyed the statement faux fur pieces…
Read MoreJuana Gets a Power-packed Rebrand
In the crowded skin care space, it takes something revolutionary to capture the attention of industry titans. For Juana, the CBD-powered skin care line founded by Yann Moujawaz, that something is bio-stimulation — a combination of nature and biotechnology that has proven so effective in clinical trials the company claims its products are showing reduced…
Read MoreGucci Fall 2025: Continuity, Awaiting the Next Rupture
Is a luxury fashion brand the sum of its history, its iconography, and its past creative directors and marketers? Or is it a “Continuum,” the title Gucci gave to its coed show for fall 2025, a placeholder effort awaiting its next creative director, staged less than a month after the abrupt departure of Sabato de…
Read MoreJoann Is Going Out of Business, Remaining Stores Will Conduct Final Sales
Fabrics and crafts retailer Joann is officially going out of business. After 80 years in the market, the company is closing its 800 stores nationwide in 49 states. The announcement came after the company failed to find a buyer that would keep its stores open and sold all of its remaining assets to financial services…
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