WWD: The Essentialist

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Tuesday, July 15

Human Resources

Galeries Lafayette Reshuffles Management Ranks

The retailer is in the midst of a generational handover following the death of matriarch Ginette Moulin.

Financial

EXCLUSIVE: LVMH Luxury Ventures Takes Minority Stake in Molli

The investment will be used to support the knitwear company’s international expansion, push further its craftsmanship and bolster its executive team.

Retail

Macy's Inc. Refinances and Eases Debt Load

Fitch Ratings issued a generally positive report on the outlook for the department store retailer and its ability to navigate adverse business conditions.

Legal

Loro Piana Placed Under Judicial Oversight Due to Alleged Worker Exploitation

Referring to "undisclosed and unauthorized subcontractors of one of its suppliers," the Italian luxury company stated that "in breach of its legal and contractual obligations, the supplier did not inf …

Beauty Features

How Will Trump's Tariffs Impact K-beauty?

A renewed threat of tariffs is looming over the category at a time when K-beauty brands are looking to further their presence in the U.S.

Watches

EXCLUSIVE: Jaeger-LeCoultre Taps Zhang Ziyi as Global Ambassador

The Chinese film star’s first campaign for the watchmaker is slated to drop this month.

Fashion Scoops

Etro to Open First Home Store and Showroom in Japan

The company is adding a dedicated space to its Ginza flagship store in Tokyo, marking the occasion with an event that drew its global brand ambassador Kaito Takahashi.