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Valentino: Jacopo Venturini steps down as CEO

Published August 14, 2025 News broke on Thursday that Valentino CEO Jacopo Venturini has stepped down from the executive helm of the luxury fashion label. Jacopo Venturini – Valentino In a short announcement, the company simply said: “Today, Valentino announces that it has reached a mutual agreement with Jacopo Venturini to terminate his employment and […]

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Valentino CEO steps down “by mutual agreement”

Published August 14, 2025 News broke on Thursday that Valentino CEO Jacopo Venturini has stepped down from the executive helm of the luxury fashion label. In a short announcement, the company simply said: “Today, Valentino announces that it has reached a mutual agreement with Jacopo Venturini to terminate his employment and board roles effective August

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Mary Kay Inc. debuts AI Foundation Finder to harness intuitive technology

By AFP Published August 14, 2025 Mary Kay Inc., a global leader in direct selling and skin innovation, announces the launch of its cutting-edge AI Foundation Finder – an intuitive technology designed to help consumers effortlessly find their foundation match, while empowering Mary Kay independent beauty consultants to guide their customers in finding the right

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Bag charms selling for $1,000 are retail’s next little luxury

By Bloomberg Published August 14, 2025 Years after Jane Birkin famously decorated her eponymous Hermès handbag with clusters of trinkets and strands of beads, bag charms have made a big comeback.  Charms on a Louis Vuitton bag – Photo: Louis Vuitton Plush Labubu keychains helped revive the Gen Z-fuelled accessorise-your-accessory trend and catapulted it into the mainstream.

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Cadar celebrates its 10th anniversary, unveils The Golden Moment

Published August 14, 2025 An elegant new book celebrating the 10th anniversary of the jewellery brand Cadar provides timely recognition of its founder Michal Kadar’s unique talent and skill as a unique creator of emotive ornamentation. Cadar’s new book celebrates the label’s unique design language – Cadar, photographed by Dudi Hasson Titled ‘Cadar The Golden Movement,’

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Tapestry plummets with tariff costs weighing on profit outlook

By Bloomberg Published August 14, 2025 Tapestry Inc.’s annual outlook for a key profit metric missed analysts’ forecasts due in part to tariffs, a sign that Wall Street is still adjusting to the full cost of duties for US companies. Tapestry Inc. owns the labels Coach and Kate Spade – El Palacio de Hierro The

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Swiss gold industry warns against Swatch boss’s US gold tax proposal

By Reuters Published August 14, 2025 Switzerland’s gold industry on Thursday voiced scepticism about a proposal by the boss of watchmaker Swatch to introduce a levy on gold exports to the US in retaliation for US tariffs on Switzerland. Inside a Swatch store US President Donald Trump last week imposed tariffs of 39% on imported

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Beauty retailer Douglas tops core profit expectations in Q3

By Reuters Published August 14, 2025 German premium beauty retailer Douglas reported a smaller than expected drop in its quarterly core profit on Thursday, boosted by better than expected sales. Douglas is headquartered in Germany’s Düsseldorf Adjusted earnings before interest, taxation, depreciations and amortisation (EBITDA) fell 2.9% to 158.2 million euros ($185.1 million) in its

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Birkenstock’s profit beats estimates on strong footwear demand at full price

By Reuters Published August 14, 2025 Birkenstock beat third-quarter profit expectations on Thursday on strong demand for its clogs and shoes at full price, and said it was well placed to manage the hit from a 15% US tariff on European imports. Birkenstock is known for its comfort-driven footwear – Birkenstock Shares of the German

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From Gucci to Rolex: the rise and fall of luxury in music

By Bloomberg Published August 14, 2025 “You know my style and I love Christian Dior.” If you’ve heard these lyrics at a party recently, you’re not alone. The infectious dance track, titled simply, “Dior,” has become a summer anthem, topping the charts in the UK and gaining traction in the US. Inside a Gucci store

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