Jacobs will remain in his role as creative director.

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The appointment comes as the retailer doubles down on its ‘fashiontainment’ strategy to bridge the gap between apparel and pop culture.

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‘Sell any rally,’ Berenberg says, as Barclays forecasts long-term stagnation. Plus: Burberry’s cautious outlook, Anderson’s Dior cruise show in LA, a renewed focus on placemaking.

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Efforts by the Italian label to streamline its product offer showed signs of paying off as sales increased in its own stores.

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The UK pharmacy chain has chosen Alex Baldock, formerly of the technology retailer Currys, to lead the company as it prepares for a listing on the London Stock Exchange.

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This week, Priya Rao goes into it all: apolitical beauty brands, Armani sale rumours, Skky Partners’ undoing and more.

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Group revenues surged to a record last year and profit will come in higher than expected after strong sales in the vital US market.

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First-quarter consumer spending rose at a 1.6 percent annualised rate, cooling from the October-December quarter’s 1.9 percent growth pace.

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