Don-Alvin Adegeest

Condé Nast employees have issued a stern ultimatum, threatening to stage a strike over job losses, just days ahead of the Met Gala. In impassioned videos shared online, staffers express frustration with management's proposed layoffs and contentious contract terms, including a proposed minimum salary that is deemed inadequate.

Sportswear giant Puma last year granted access to its supplier factories in Bangladesh, Vietnam, and Turkey, offering insights into its sustainability practices through its "Voices of a Re:Generation" initiative.

Model Bella Hadid has launched a fragrance collection in partnership with Celebrands. A set of three scents dubbed as skin perfume will launch with Ulta Beauty on May 2nd, and is being marketed as an alchemy line that is alchohol free and infused with natural oils.

Many consumers are unaware of the extent to which their online activities are being tracked or monitored without their knowledge or consent. E-commerce websites are eager to track user activity and browsing behavior to boost their sales. While some tracking, like storing cookies, is legal when consent is given, other forms of monitoring are not. With growing scrutiny and regulation around consumer data privacy and online tracking practices, brands are having to navigate how to respectfully target consumers and use insights to improve their marketing activities.

TikTok's e-commerce platform experienced rapid growth in 2023, with over 500,000 merchants selling to US users by the end of the year, double the number from three months earlier, reported Bloomberg. Worldwide, the platform boasted more than 15 million sellers, adding over 6 million in the second half of the year.

Sandra Stangl, president and chief executive of Banana Republic, is exiting the Gap Inc-owned company, after four years in the role.

Safilo Group, the Italian eyewear giant, has entered a perpetual license agreement with Authentic Brands Group for David Beckham Eyewear, replacing the previous contract set to expire in 2030.

Europe's biggest IPO of 2024 saw Spanish conglomerate Puig exceed its share price of 24.50 euros to 25.50 euros on Friday, resulting in a market capitalisation of 13.9 billion euros after it sold 106.5 million shares.

New York-based private equity firm Sycamore Partners has set its sights on acquiring U.S. department store group Nordstrom, with plans to take it private.

LVMH and Marc Jacobs are once again gracing the headlines this week, with speculation swirling around the potential sale of the New York-based brand. Despite efforts to quash rumors, whispers of a possible transaction persist, keeping industry observers on the edge of their seats.