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RETAIL Nike CEO John Donahoe to Step Down By Daniel-Yaw Miller

The embattled chief executive will make way for Elliott Hill, a Nike veteran who had retired from the brand in 2020. READ MORE

LUXURY Michael Kors Highlights Handbag Market Diversity in FTC Hearing By Bloomberg

Michael Kors testified about the nature of the competitive landscape of the handbag market, as the FTC scrutinises Tapestry's $8.5 billion acquisition of Capri Holdings. READ MORE

FASHION WEEK Milan Goes to the Movies By Tim Blanks

The cinematic streak was strong in collections from Fendi, Marni and Jil Sander, writes Tim Blanks. READ MORE

BEAUTY Cassandra Grey Buys Back Violet Grey — With Some Help By Daniela Morosini

The cult beauty retailer's founder teamed up with investor Sherif Guirgis to acquire the business back from Coupang, the South Korean owner of Farfetch. READ MORE

LUXURY Chanel Buys 42 Avenue Montaigne Amid Real Estate Arms Race By Bloomberg

The French fashion giant purchased the property as European luxury players battle to secure landmark locations for their boutiques. READ MORE

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