WWD: The Essentialist

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Thursday, April 16

Retail

Behind the QVC Group Collapse, a Loss of Relevance and Late to Innovate

Industry sources believe QVC Group, with roughly $10 billion in revenues, still has a reason to exist but faces huge hurdles to cross for survival.

Mergers and Acquisitions

Kering Announces Investment in Chinese Fashion Group Icicle

The group operates the Icicle and Carven brands.

Financial

Even Hermès Can't Outrun Luxury's Slowing Demand

In a week of weak results including LVMH and Kering, China’s fragile recovery weighs on the sector.

Industry News

Semafor: Europe Fears 'Stagflation' Amid Strait of Hormuz Slowdown

A lethal combination of stagnating growth and heightened inflation could be imminent if the strait, which carries about 20 percent of the world’s oil, remains closed.

Designer and Luxury

CEO TALKS: Sarah Benady of Jacquemus

After an intensive and eventful first year on the job, the executive is gearing up for expansion in Asia, a linchpin Miami opening, and the brand's long-awaited beauty launch.

Lifestyle

Sant Ambroeus Fetes 90 Years During Milan Design Week, Gears Up for Beverly Hills Debut

Founded in Milan in 1936, the storied pastry shop and restaurant's legacy will resonate even further afield as the firm turns 90.

Fashion Scoops

Massimo Dutti Pushes Upmarket With Paris Pop-up

The Inditex-owned label will host a 10-day event to showcase its "Limited Edition" collection, featuring collaborations across design, food and culture.