Author: VOG

International retailers are spooked and domestic multi-brands are shifting budgets. Production and material costs are already spiking. Initial tariff impact has been major, and it’s hitting indie brands the hardest.

Prada is gearing up to welcome Versace back to Milan. “We’re ready for this journey,” chief executive officer Andrea Guerra told investors on a call following the €1.25 billion acquisition announcement from Capri Holdings on Thursday.The group’s goal for Versace is sustainable, lasting success, Guerra said. “What will be the KPI, what will be the performance indicator?” Guerra asked. “Sustainable revenue growth in the long term.”

Did someone say Blackpink in your area?They may be the most powerful girl group in the world. But in the last two months, the four members of K-pop group Blackpink — Jennie, Jisoo, Rosé and Lisa — have individually been on a tear. They each released their own solo albums; Lisa appeared in season three of The White Lotus; Jennie became the latest face of the Chanel 25 handbag; Rosé topped the charts with ‘APT’ featuring Bruno Mars at number two on the Billboard Global 200; while Jisoo completed her Asia tour — Lights, Love, Action! — following the release…

Reports first surfaced in January that Capri enlisted Barclays to help it secure a buyer for both Versace and Jimmy Choo. Over rounds of bids, other players including ex-Gucci CEO Marco Bizzarri and Primavera Capital Group were said to have signalled interest in the opportunity to own Versace. It’s rare that a storied fashion house like Versace goes up for sale, especially in an offloading situation, and both interest in the opportunity and speculation around where Versace would land were high.As Capri and Versace part ways, a turnaround effort begins for Prada. Sales at Capri have decreased over the years,…

Darshan Mehta, founding CEO and former managing director of Reliance Brands Limited (RBL) — the company that serves as the Indian partner for more than 90 brands including Armani, Versace, Burberry, Jimmy Choo and Zegna — passed away on Wednesday morning in Hyperabad following a sudden cardiac arrest.While Mehta stepped down from his executive position in November last year, he retained his role as a non-executive director on the RBL board and had also taken on a mentoring position within the group. His sudden passing has left the Indian retail industry shocked. He was last seen by many in the…

Victoria’s Secret has hired designer Adam Selman as SVP and executive creative director, starting 14 April, the lingerie brand announced on Tuesday.Selman is the first designer to be appointed to an executive creative director role at Victoria’s Secret; Vogue’s global creative director Raùl Martinez previously served as the brand’s creative director from December 2020 to January 2024. Selman, who has designed world tour costumes for stars like Beyoncé and Katy Perry, most recently held the post of chief design officer for Savage X Fenty, the lingerie brand founded by Rihanna, before leaving the company in January 2025. He also helmed…

The LVMH executive reshuffle continues. The luxury conglomerate announced on Monday the appointments of Ramon Ros and Charlotte Coupé as CEOs of Fendi and Kenzo, respectively. Both will report to Sidney Toledano, senior advisor to LVMH group chairman and CEO Bernard Arnault. This comes after Fendi CEO Pierre-Emmanuel Angeloglou was appointed deputy CEO of Christian Dior Couture last month.These are promotions from within: Ros was most recently Louis Vuitton president and CEO of Mainland China. His new role is effective 1 July. “Ramon’s deep expertise in luxury retail and clienteling, coupled with his passion for product excellence and collaborative leadership,…

The Chanel booth at this year’s Watches and Wonders fair in Geneva was all blue — a nod to the new J12 Bleu in deep blue matte ceramic. By night, the facade of the Chanel boutique in Geneva’s city centre was lit blue, with a giant projection of the J12 Bleu revealing the time. “Blue is Chanel’s third primary colour. If you look at Gabrielle Chanel’s legacy, there’s black, white and blue,” says Frédéric Grangié, the house’s president of watches and fine jewellery. It took five years for Arnaud Chastaingt, director of Chanel’s watchmaking creation studio, to develop the shade.Chanel…

The British Fashion Council (BFC) has cancelled its June edition of London Fashion Week.Instead, the focus will shift to providing more commercial opportunities for British brands through a London Show Rooms showcase in Paris, which will run from 26 June to 1 July. BFC outgoing CEO Caroline Rush hopes the showroom will provide an opportunity for designers to “generate sales and develop their relationships with international media outside of a show environment, reinforcing our commitment to providing vital commercial opportunities for British designers”.The BFC reintroduced its Paris showroom in September 2024 for Spring/Summer 2025, after a hiatus following January 2023.…

Now, The Love List is making advertisers big bucks — it’s generated Net-a-Porter about $135,000 to date. The RealReal didn’t officially partner with any Substack creators until the end of 2024. Once it did, it saw strong click-through (over 6 per cent) and twofold ROAS (return on assets), says The RealReal chief creative officer Kristen Naiman. Smaller newsletters like Galvez’s Letters We Send Friends are generating brand interest too; she’s had brands reach out for features.Though brand interest is growing, investment remains low relative to other marketing channels. “Substack remains an underused but high-ROI channel for affiliate marketing, offering lower…