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Christian Dior appoints Michela Kalb as head of haute couture and ready-to-wear

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Nazia BIBI KEENOO

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September 11, 2025

Christian Dior, the renowned French luxury fashion house under the LVMH Group, is strengthening the teams of its Creative Director, Jonathan Anderson, by bringing Michela Kalb back to its ranks. The Sardinian-born Italian previously distinguished herself during a decade-long tenure at Dior in the mid-2000s, where she served as director of women’s ready-to-wear before holding the same role at Louis Vuitton.

Michela Kalb – Christian Dior

She has now been appointed director of haute couture, women’s and men’s ready-to-wear, women’s shoes, and baby collections at Christian Dior. “In this capacity, she will join the management committee,” the company stated.

The ready-to-wear expert is set to take up her post on October 1, the same day Anderson’s debut women’s ready-to-wear collection will be unveiled at Paris Fashion Week. Kalb will become Anderson’s de facto right-hand woman, coordinating all aspects of the house’s collections, from creation to retail.

“I’m delighted that Michela and Dior’s paths are crossing again. I am convinced that she will draw on her vision and knowledge of the house, as well as her extensive product expertise, to develop ever more desirable collections in close collaboration with the creative direction,” said Christian Dior CEO Delphine Arnault in a note shared by the house.

Armed with a degree in business administration from Milan’s Bocconi University, Kalb began her career in 1993 at Italian department store La Rinascente, where she managed women’s ready-to-wear purchasing. Six years later, she joined Prada, advancing from assistant merchandiser to merchandising manager for both Prada and Miu Miu, before relocating to Paris.

In the French capital, she joined the LVMH Group, first at Christian Dior from 2006 to 2017, then at Louis Vuitton, where she continued her role as director of women’s ready-to-wear.

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Swatch and Citizen face Italian scrutiny over pricing practices

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December 10, 2025

The Italian competition authority said on Tuesday it had opened two investigations into Swiss watchmaker Swatch and Japan’s Citizen Watch.

Reuters

The ⁠probes involve an alleged infringement of European ⁠rules on the fixing of retail prices displayed online by the ‍groups’ ‌authorised distributors. 

The two companies may ⁠be limiting ‌price competition among their ‌retailers through a vertical agreement, by imposing retail prices on their distributors and adopting “retaliatory ‍commercial measures” against those that fail to comply, the antitrust ‌authority ⁠said ​in a statement. 

The agency’s ⁠officials ​carried out inspections at the Italian offices of Swatch and ​Citizen on December 3.

Swatch and Citizen did not ⁠immediately respond ⁠to a request for comment. 

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UK retail tycoon Mike Ashley uses Frasers shares as collateral for loan

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Reuters

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December 10, 2025

British retail tycoon Mike Ashley has pledged around 670 million pounds ($890.6 million) worth of shares in his sportswear and fashion retailer Frasers Group Plc as collateral ⁠for a loan from HSBC, according to filing on Tuesday.

Reuters

Ashley’s ⁠holding company, MASH Beta Limited, which holds the majority of Frasers’ issued share ‍capital, ‌pledged about 103.6 million ordinary shares.

Frasers’ ⁠shares were down ‌about 1.3% at 646.5 pence ‌as of Tuesday’s last close.

This move comes after the company’s heavy investments in newer geographies and taking ‍or increasing shareholding in recent months across companies, from fashion groups to ‌electrical ⁠retailers.
Mike ​Ashley holds roughly a 73% ⁠stake ​in Frasers, according to data compiled by LSEG.

The company whose portfolio ​includes Sports Direct, House of Fraser and Flannels, reaffirmed its ⁠full-year profit forecast ⁠earlier this month.

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G-III Apparel lifts full-year earnings guidance despite 9% sales decline

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December 10, 2025

G-III Apparel on Tuesday raised its full-year earnings forecast on the back of better-than-expected earnings in the third quarter, which also saw the U.S. firm’s sales drop 9% to $988.6 million.

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The New York-based firm logged earnings of $80.6 million, or $1.84 per diluted share during the three months ending October 31, compared to $114.8 million, or $2.55 per diluted share, in the prior year’s third quarter.

While profits were lower than the same period last year, the owner of Karl Lagerfeld, Sonia Rykiel, and DKNY brands, “delivered a strong third quarter with gross margins and earnings far exceeding our expectations,” according to  ​said Morris Goldfarb, G-III’s chairman and chief executive officer.

“This was driven by the strength of our go-forward portfolio, particularly our owned brands, as well as a healthy mix of full-price sales and our mitigation efforts against tariffs. I am pleased with how our brands are resonating with consumers and encouraged by the solid demand we have seen throughout the holiday season to date,” continued Goldfarb, who said his company is raising its fiscal 2026 earnings guidance to “reflect our third quarter outperformance tempered by the uncertainties around the consumer environment and tariff-related margin pressures.”

In June, G-III Apparel filed a $250-million lawsuit against PVH Corp., escalating tensions between the two fashion giants with allegations of breached licensing agreements and interference in business relationships. 
  ​
The complaint, filed in New York state court, targets PVH and its Calvin Klein Inc. and Tommy Hilfiger licensing divisions.

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