Loehnis will lead the company until parent Richemont completes the sale of a 50.7 percent stake to Farfetch and real estate mogul Mohamed Alabbar.

Several years of supply-chain instability are pushing an increasing number of US retail companies to shift some production from China to North America.

The Norwegian Consumer Authority (NCA) and Netherlands Authority for Consumers and Markets (ACM) have jointly authored an 11-page document outlining how the Sustainable Apparel Coalition should improve the underlying data, claims and presentation of its Higg Materials Sustainability Index (MSI) tool to avoid misleading consumers and falling foul of greenwashing.

The New York-based designer, whose business was acquired by Zegna in 2018, replaces Tom Ford, who finished his three-year term at the Council of Fashion Designers of America (CFDA) in May.

A crackdown on trade unions and increase in labour abuses is becoming a worrying new norm in fashion’s supply chain, according to a new report.

French luxury groups LVMH , Gucci-owner Kering and Hermes are expected to post double-digit third-quarter sales growth as demand for high-end fashion from tourists and shoppers revamping post-pandemic wardrobes remains strong.

Some of LVMH retail beauty brand Sephora’s stores reopened in Russia on Monday as Ile de Beauté, the Russian firm said, the latest rebranding in the country’s retail space as firms exit the country over Moscow’s actions in Ukraine.

The retailer, known for its logo T-shirts and bright colours, reported adjusted profit before tax of £21.9 million ($24 million), compared with a £12.6 million loss a year earlier. The shares rose as much as 13 percent in London.