Daily LInks
Former Chanel Executive Takes Helm At Tod’s. A former Chanel executive has been appointed as the new head of Tod’s, bringing luxury leadership experience to the Italian brand as it seeks to expand its global presence. – Read More on Barrons
H&M Abandons 2024 Margin Target as Costs Hurt Profit. H&M has dropped its 2024 earnings margin target due to rising costs and lagging profits, signaling challenges for the fast fashion giant amidst economic pressures. – Read More on Reuters
Chris de Lapuente, LVMH’s Head of Sephora, Department Store Division, to Leave. LVMH’s head of Sephora and its department store division, Chris de Lapuente, is set to depart the company, marking a significant leadership change in the luxury conglomerate’s retail operations. – Read More on Bloomberg
American Eagle Outfitters Sues Amazon for Infringing ‘Aerie’ Trademarks. American Eagle Outfitters has filed a lawsuit against Amazon, accusing the e-commerce giant of infringing on its ‘Aerie’ trademarks in a dispute over branding rights. – Read More on Reuters
Hermès Boss Doesn’t Like the Company Being Compared to Archrival LVMH. The CEO of Hermès expressed displeasure with comparisons to LVMH, highlighting tensions between the two luxury giants and recalling LVMH’s failed attempt to acquire the Birkin bag maker. – Read More on Fortune
