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Target promotes insider Fiddelke to CEO, beats quarterly estimates

By Reuters Published August 20, 2025 Target named insider Michael Fiddelke on Wednesday as its new CEO to succeed long-time top boss Brian Cornell, and beat quarterly estimates, helped by a recovery in traffic at its stores and average receipts. Target has introduced numerous promotions to entice value-conscious shoppers Target also held on to its […]

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Valentino names Bellini as CEO to replace Venturini

Published August 20, 2025 One of Italy’s best known fashion labels, Valentino, said on Wednesday it has appointed Riccardo Bellini as its new chief executive. It’s a semi-internal move with Bellini having been managing director of leading Valentino investor Mayhoola. From the start of September, he replaces Jacopo Venturini whose departure by “mutual agreement” was

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Michael Kors launches fall 2025 campaign with Suki Waterhouse and Logan Lerman

Published August 20, 2025 Michael Kors has launched its fall 2025 campaign with brand ambassadors Suki Waterhouse and Logan Lerman as the label travels to Rome, Italy to showcase its latest designs in a campaign photographed by Lachlan Bailey. Suki Waterhouse for Michael Kors, shot in Rome – Michael Kors “Rome, for me, is just

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Estee Lauder forecasts annual profit below estimates as tariffs hit

By Reuters Published August 20, 2025 Estee Lauder forecast annual profit below Wall Street estimates on Wednesday, as the cosmetics giant grapples with persistent weakness in the US and China markets and tariff uncertainty. An Estee Lauder store in Bangkok, Thailand – Shutterstock Shares of the company were down about 12% in premarket trading.The company

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The Estée Lauder Companies Inc. Board of Directors nominates Dana Strong, CBE and Annabelle Yu Long for election as directors

By AFP Published August 20, 2025 The Estée Lauder Companies Inc. (NYSE:EL) announced today that Dana Strong, CBE and Annabelle Yu Long have been nominated by its Board of Directors for election as directors at the upcoming annual meeting of stockholders to be held on November 13, 2025. Estée Lauder retails a wide range of

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Zimmermann opens boutique on Hamburg’s Neuer Wall

Published August 20, 2025 Nicky and Simone Zimmermann are the fashion siblings of the moment. Their boho chic style from Down Under has delighted the trade press and fashionistas alike. Since the early nineties, the daughters of a German emigrant have built up their label in Sydney, Australia and have been showing their collections at

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Laopu Gold revenue, profit growth beat on robust China demand

By Bloomberg Published August 20, 2025 A Laopu Gold jewellery store – Bloomberg Co.’s revenue and profit growth topped estimates in the first half as the Chinese jeweller’s pieces, which blend traditional craftsmanship with rich cultural motifs, soar in popularity among middle class Chinese shoppers.  Revenue increased 251% to 12.35 billion yuan ($1.72 billion) in

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Levi taps Victoria’s Secret executive to run global supply chain

By Bloomberg Published August 20, 2025 Levi Strauss & Co. hired a Victoria’s Secret & Co. executive to oversee the jeans-maker’s global supply chain, a newly created role for the San Francisco-based company.  Levi’s is known for its denim apparel – Reuters Chris Callieri will serve as Levi’s chief supply chain officer, effective Sept. 15,

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Topshop’s first UK wholesale partner revealed — it’s Liberty

Published August 20, 2025 Topshop doesn’t seem to have put a foot wrong as it’s hit the comeback trail this year and following its headline-grabbing runway show at the weekend we now know the name of its first UK wholesale partner. Photo: Sandra Halliday It’s high-end London department store Liberty. Not that the company released

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