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Tom Ford Fashion, which was consolidated in April 2023 following its acquisition by Estée Lauder Companies and subsequent license to Zegna, saw a 131.9% year-over-year revenue increase, taking into account the shorter reporting period last year.
“Given our needs for the future, the past performance of the business, and after conducting a thoughtful succession process, the Board concluded it was clear Elliott’s global expertise, leadership style, and deep understanding of our industry and partners, paired with his passion for sport, our brands, products, consumers, athletes, and employees, make him the right person to lead Nike’s next stage of growth,” Parker said in a statement.
That strategy, said Socha, will enable marketing teams to refine and implement the consumer insights and analyses made earlier in the year, which in turn, will help retailers meet the expectations of their target customers.
In his most recent position as deputy chief financial officer, his responsibilities included leading the finance teams for PepsiCo's international business and overseeing tax, investor relations and other functions.
The “brand’s decades of dedication to social impact and advocacy coupled with this campaign’s theme of female empowerment resonates deeply” with DeBose, she said in the release, and the collection embodies the confidence and resilience “that all women need to have, especially during this crucial time.”
While platforms will evolve and new trends will emerge, cultivating strong relationships with creators will help brands remain resilient and adaptable in the dynamic digital world.
And we have Diotima’s Rachel Scott, who this season presented a truly star-making collection with an emphasis on sophisticated craftsmanship to rival that of any European house focusing on a similar hands-on aesthetic.
While kiosks provide a seemingly direct method to showcase an ad partner’s campaign and gather shopper intel, their main shortcoming is their distance from the register and primary product display, Phipps noted, especially when compared to retail media messaging that is more integrated into a store’s layout.
We took on that challenge together and are delighted to have created a collection that is high-fashion and high-function,” Chris Phillips, J.C. Penney’s senior vice president and general merchandise manager of apparel and head of e-commerce, said in a statement.
Streaming has seen an influx of ad-supported options, with Amazon Prime Video introducing commercials in January and other platforms like Netflix securing larger upfronts commitments as they improve their ad tech and sales sophistication.
Ultimately, findings support an industry desire for change, with a clear focus on diversifying and updating talent pools.
Victoria’s Secret late last month reported second-quarter operating income grew for the first time since 2021, while overall sales in the quarter decreased by just under 1% over last year to reach $1.4 billion.