Kering Announces Major Leadership Changes at Saint Laurent and Balenciaga: A New Era for Luxury Fashion In an exciting and strategic move that will redefine the future of luxury fashion, Kering has unveiled key leadership changes at two of its most iconic brands: Saint Laurent and Balenciaga. Effective January 2, 2025, Cédric Charbit, the current […]
Burberry’s New CEO Unveils ‘Urgent’ Turnaround Plan Amid Financial Struggles Burberry, the iconic British luxury retailer, is facing a period of significant transformation as it grapples with declining revenues and rising challenges in the competitive luxury fashion industry. The brand, renowned for its timeless trench coats, outerwear, and scarves, reported a sharp 20% drop in […]
Burberry Prepares for Potential Takeover by Moncler Amid Strategic Shifts and Market Pressures The iconic British luxury brand Burberry is reportedly on the verge of a major change, with rumors of an acquisition by Italian skiwear leader Moncler sparking intense industry interest. This potential deal comes amid a challenging year for Burberry, marked by financial […]
According to a Monday report by Bloomberg, luxury fashion brand Tom Ford is in talks with investment bank Goldman Sachs about a company valuation. The potential sale could put the company’s worth at several billion dollars, though as the details of Tom Ford’s financials are not public, this figure is difficult to estimate. According to […]
In 2021, luxury French fashion house Chanel recorded $15.6 billion in sales, according to figures it shared with Business of Fashion. The figure marks a 50% increase over its 2020 sales, and a 23% increase over its 2019 sales. The fashion house achieved these impressive results despite the Covid-19 pandemic, rising inflation, and spending $1.8 […]
Study after study shows that younger generations of consumers are more environmentally and socially conscious than their elders. More importantly for brands perhaps, is that their disquiet with the current state of the world colours their shopping habits. Fashion brands around the globe are beginning to realise that they must adjust their offering (and more […]
Tiffanie Lane, Product Manager at OpSec Security explores the relationship between luxury fashion brands and the gaming industry. Amid the pandemic, businesses have had to innovate to stay afloat. For many industries, this has meant pivoting to virtual, with the fashion industry among those to embrace this change. With stores closed and fashion shows cancelled, […]
Over the past few years, the word “influencer” has come to be associated with fashion bloggers and Instagram stars who cram their feeds with sponsored content. And while those people do hold colossal influence in the current middle market, they are not the type of influencer that elite buyers, genius innovators, angel investors, and world-changers […]
CEO Today Online and CEO Today magazine are dedicated to providing CEOs and C-level executives with the latest corporate developments, business news and technological innovations.
