Givenchy has tapped fashion and beauty veteran Amandine Ohayon as its new chief executive officer, effective Friday, triggering a management rejiggering at sister brand Dior. Most recently CEO at Stella McCartney when Givenchy parent LVMH Moët Hennessy Louis Vuitton still held a minority stake in the London fashion house, Ohayon succeeds Alessandro Valenti, who is moving over to Christian Dior Couture as deputy managing director in charge of commercial activities, effective Monday. More from WWD Ohayon ...

Called “Twin Transition in the Apparel Supply Chain”, the initiative is backed by the Istanbul Development Agency (ISTKA) under the 2025 Twin Transition Financial Support Programme. İHKİB will oversee the implementation of this project, working alongside the Turkish Exporters Assembly (TİM) and involving more than 20 participating companies, as well as representatives from related institutions and global brands. The programme intends to provide structured support to suppliers by broadening the scope of ...

Core Insights - The article highlights a significant structural change in the global supply chain, emphasizing that the focus is shifting from trends and branding to the transparency of materials used in production [1] Group 1 - The global supply chain is undergoing a transformation where materials are becoming less anonymous, impacting how companies approach sourcing and production [1] - This shift suggests that companies may need to adapt their strategies to address the increasing demand for transparency in material sourcing [1] - The implications of this change could lead to new opportunities and challenges within various industries as they navigate the evolving landscape of supply chain management [1]

Market Overview - The market is currently trading above the midpoint of Wells Fargo's year-end target range, indicating a strong desire for upward movement [1] - The NASDAQ and S&P 500 have experienced a cooling-off period after significant gains, with the tech sector rising 70% from its lows [2] - Historical data suggests that bull markets that reach three years old typically see gains in the following year, and Fed rate cuts near all-time highs have historically led to positive market performance [2] Sector Rotation - Wells Fargo has adjusted its positions by downgrading Communication Services and Information Technology to even weight, reallocating funds into Financials, Utilities, and Industrials [1] - The adjustments aim to maintain an AI theme from a different perspective while managing exposure to sectors that represent nearly 50% of the S&P 500's market cap [1] Tapestry Inc. (NYSE:TPR) - Tapestry Inc. has shown a year-to-date performance of 97.41% as of December 22, 2025, with multiple analysts raising price targets, indicating bullish sentiment [8][9] - Analysts from Baird, Wells Fargo, and Jefferies have all increased their price targets for Tapestry, reflecting expectations of robust revenue and earnings growth due to favorable consumer conditions and potential tariff changes [8][9][10] - Tapestry operates in three segments: Coach, Kate Spade, and Stuart Weitzman, providing accessories and lifestyle brand products globally [11] KLA Corporation (NASDAQ:KLAC) - KLA Corporation has achieved a year-to-date performance of 100.86% as of December 22, 2025, with analysts raising price targets amid a favorable outlook for the semiconductor sector [12][13] - Bank of America and Cantor Fitzgerald have both upgraded KLA's price targets, citing the company's strong position in AI-driven infrastructure and the expected demand for advanced chips and technologies [12][13][14] - KLA designs and manufactures solutions for the semiconductor industry, positioning itself as a key player in the ongoing transition towards AI workloads [15]

Business Overview - Chiara Ferragni 建立了一个价值 8200 万美元的时尚帝国 [1] Crisis Management - 一场圣诞蛋糕丑闻导致该帝国衰落 [1]

Business Restructuring - UK high street fashion label LK Bennett is undergoing an accelerated sale process [1] Financial Distress - LK Bennett is working with advisers, suggesting potential financial difficulties [1]

Legal & Ethical Concerns - The fashion industry faces scrutiny as influencer Chiara Ferragni is accused of defrauding consumers in 2022 through a charitable collaboration involving branded pandoro Christmas cakes [1] Influencer Marketing - The case highlights potential risks associated with influencer marketing and charitable collaborations, impacting consumer trust [1] - Chiara Ferragni, with 28 million Instagram followers, exemplifies the reach and influence of fashion influencers [1]

Industry Focus - The fashion industry is explored through the lens of magazine strivers, with a turn into the dark corner of the fashion closet [1]

Business Overview - Chiara Ferragni 建立了一个价值 8200 万美元的时尚帝国 [1] Crisis Management - 一场圣诞蛋糕丑闻导致该帝国衰落 [1]

Environmental Impact of Fast Fashion - The average Australian buys 56 garments per year, contributing to a garbage truck of textiles going to landfill every second [3] - Australians contribute 300,000 tons of textiles to landfill annually, representing wasted resources and harmful carbon emissions [3] - 87% of textiles internationally end up in landfill [4] - International textile production nearly doubled from 58 million tons to 109 million tons between 2010 and 2020 [4] The "Five Garment Challenge" Solution - The report proposes a "Five Garment Challenge," urging individuals to buy only five new garments per year [16] - The challenge includes transforming existing garments and swapping or selling unwanted clothes [16] - Shifting from 56 garments to five garments per year could reduce Australia's textile landfill from 300,000 tons to 27,000 tons annually [23] - Globally, adopting this approach could prevent over 80 million tons of textile waste annually [23] Community and Personal Benefits - The "Recycled Runway" event transforms waste into wearable art, fostering inclusion, sustainability, skill-sharing, and community connection [9] - Participants in recycling initiatives report increased confidence, community connection, and a renewed love for fashion [9] - Raising awareness about sustainable fashion can lead to economic benefits, with people saving money or spending it on experiences [10]