WWD: The Essentialist

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Friday, November 14

Human Resources

John Furner Stepping Up as Walmart's Next CEO

The head of the company’s U.S. discount business is taking the top job from Doug McMillon who cemented Walmart’s place in the digital age.

Government and Trade

EU Moves to End Duty-free Small Parcels, Targeting Ultra-fast Fashion Players Shein and Temu

Echoing the U.S. closure of the de minimis loophole, the EU will accelerate a customs crackdown and impose additional fees as Chinese imports soar.

Financial

Richemont Sales Surge 10% in First Half

All regions delivered double-digit growth in the second quarter due to robust local demand, and despite a raft of challenges, ranging from gold prices to geopolitical events.

Jewelry

Surging Gold Prices Force Indie Fine Jewelers to Rethink How They Create and Do Business

“It’s a difficult landscape for independent jewelry designers," said Sarah Müllertz, founder of the Copenhagen-based Kinraden. "The larger houses can hedge their gold and buy in bulk, …

Jewelry

Spinelli Kilcollin Goes Global, Opening Flagship in London

After opening in New York City and their hometown of Los Angeles last year, Yves Spinelli and Dwyer Kilcollin are taking a leap across the pond with a flagship in London.

Fashion Scoops

Peter Do Is Opening His First PD-168 Pop-up

It's the first brick-and-mortar pop-up shop for Do's new unisex, uniform-bent label PD-168 in New York.

Fashion Scoops

Inez & Vinoodh Unveil New Works in Paris

The mini show at India Mahdavi's Project Room #21 is a precursor to the photo duo's 40-year retrospective exhibition next year in The Hague.