The Challenges Facing Burberry’s New CEO

John Galliano: Showman Turns Ciné-Auteur, Blackstone Buys Majority Stake in Spanx

WHAT YOU NEED TO KNOW TODAY: THURSDAY, OCTOBER 21, 2021 Burberry's next CEO Jonathan Akeroyd will be tasked with the turnaround left incomplete by outgoing chief Marco Gobbetti. Once fashion's greatest showman, Maison Margiela designer John Galliano has fallen in love with the power of film. More Black hair and makeup artists are getting high fashion gigs that once eluded them, writes Jason Campbell. Blackstone has taken a majority stake in Spanx, valuing it at $1.2 billion. China's plan to deliver 'common prosperity' will likely include tax hikes on luxury goods.

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LUXURY The Challenges Facing Burberry's Next CEO By Tamison O'Connor and Sarah Kent Versace chief Jonathan Akeroyd will face the task of completing the British luxury brand's turnaround when he takes over next year from outgoing Burberry CEO Marco Gobbetti. READ MORE

LUXURY John Galliano: Fashion's Greatest Showman Turns Ciné-Auteur By Tim Blanks

The master of make-believe insists, 'I would feel lame to just go back to a white runway and a white box,' as he tells Tim Blanks about his latest film. READ MORE

BEAUTY The Rise of the New Black Glam Squad By Jason Campbell

More Black hair and makeup artists are getting the kind of plum high fashion gigs that once eluded them, writes Jason Campbell. READ MORE

Spanx Receives Majority Investment from Blackstone READ MORE

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NEWS BRIEFS PayPal Is Exploring a Purchase of Pinterest Forever 21 Chief Executive Resigns Singapore's Shopee Expands to France as Part of European Push China Should Brace for Higher Luxury Goods Taxes, Analysts Says Alibaba Takes on Shein with International Fashion App

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VIDEO Why Price Inflation Is Coming to Fashion By BoF Team

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