Under his creative direction, Fursac joined the Paris Fashion Week calendar. Over five years at the helm of design for the French menswear brand, Gauthier Borsarello, whilst remaining true to its formal roots, ushered in a new tone.
Under the stewardship of the vintage specialist and co-founder of L’Étiquette magazine, the brand, which was still called De Fursac on his arrival and had just been taken over by the SMCP group, staged its first presentation with Borsarello for the spring/ summer 2022 season. Last January, he held a catwalk show to present his autumn/ winter 2025-26 collection. In mid-December, he announced his departure via his Instagram account.
“I would like to sincerely thank Daniel Lalonde, Elina Kousourna, Alix Le Naour, Evelyne Chetrite, and Judith Milgrom for the opportunity to work at Fursac five years ago as creative director. This chapter has been meaningful, both creatively and professionally. I’m grateful for the trust, the dialogue and the freedom to contribute to the evolution of the brand,” he wrote in a message dated December 12.
“I’m particularly proud of the studio, design, image, and communications, and of what we’ve achieved together: bringing the brand into the official Paris Fashion Week calendar after just one season, and continuing this journey through to the Paris Fashion Week show in January 2025. Thank you for the experience, insight and relationships built along the way. I will carry them with me on my path.”
In five years, the designer introduced modernised silhouettes and strengthened Fursac’s casual wardrobe, placing particular emphasis on fabric choices. He also broadened his references, from football and surfing inspirations to a more cutting-edge creative realm centred on music and the arts, as demonstrated in his spring/ summer 2025 presentation through a collaboration with artist Lionel Estève, whose work has been shown at the Musée Picasso in Paris.
The group has not yet commented on the French designer’s departure, confirming the decision to FashionNetwork.com but, for the time being, not setting out any organisational plan for its design direction.
The brand welcomed Louise Bousquet-Andreani as its general manager at the beginning of the year. For the time being, activity at its historic premises and boutique at the Richelieu-Drouot corner, on the Grands Boulevards in Paris, has been put on hold, FashionNetwork has observed. According to SMCP, this is for administrative reasons, and the teams have moved to another group site.
Fursac’s business is reported under the group’s Other brands segment, alongside Claudie Pierlot, in SMCP’s published results. After seeing sales reach 167 million euros in 2023, this division declined to 148 million in 2024. In the first nine months of 2025, sales were stable year-on-year at 108 million euros, with group sales of 895 million euros.
Following the completion of legal proceedings regarding the actions of its former shareholder, the group’s current majority shareholders announced on November 27 their intention to sell their shares.
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Rent the Runway announced on Monday sales for the third quarter rose 15.4% to $87.6 million, with the U.S. rental platform clocking growth across its subscriber base.
Rent the Runway
The New York-based firm said ending active subscribers grew 12.4% to 148,916 during the three months, and average active subscribers totalled 147,645, up 12.9% on the prior-year period.
Meanwhile, total subscriber numbers lifted 6.1% to 185,166 during the quarter ending October 31.
In line with strong sales growth, the company reported a net income of $76.5 million, as compared to a loss of $18.9 million in the third quarter last year.
“This year we’ve repositioned ourselves for sustained growth in the category,” said Jennifer Hyman, co-founder and CEO of Rent the Runway.
“Not only did we execute operationally on our stated goals to return to our customer-obsessed origins, reinvigorate our brand, and drive double-digit growth in subscribers; but we also restructured our balance sheet, closing the recapitalization transactions in October that offer improved financial flexibility to better position us for continued growth.”
Earlier this year, Rent the Runway said it will hand over a controlling stake in the company as part of a plan to cut debt and grow.
The deal, with lender Aranda Principal Strategies and other partners, will wipe more than $240 million of debt from Rent the Runway’s balance sheet, according to an emailed statement released in August.
Looking ahead, Rent the Runway said it forecasts revenue of between $323.1 million and $325.1 million for the full-year.
Elisabetta Caldera, 55, has been named global chief people and organization officer for Chanel Ltd., succeeding Claire Isnard, 64, starting next month, the company told Bloomberg News in a statement.
Isnard is retiring after more than 17 years at the group, which had a workforce of around 38,400 employees last year. Caldera will join Chanel’s leadership team, reporting to Chief Executive Officer Leena Nair, and be based in London.
Caldera spent more than four years as global chief human resources officer at Aegon Ltd. where she was also part of the insurer’s executive committee. The Italian executive previously spent 17 years at Vodafone Group Plc in various HR roles until 2021 when she joined Aegon.
Under CEO Nair, the former head of HR at Unilever Plc, Chanel has been rebuilding the roster of top managers at the company as an older guard retires.
Chanel, known for its No. 5 fragrance, is privately owned by the billionaire brothers Alain and Gerard Wertheimer whose fortunes are estimated at about $43 billion each, according to the Bloomberg Billionaires Index.
The company, founded in Paris but headquartered in London, reports its financial performance once a year, generally around late May. Revenue fell 4.3% to $18.7 billion in 2024 on a comparative basis with operating profit sliding by almost a third partly due to heavy advertising spending and a rise in hiring.
Columbia Sportswear unveiled on Monday USA Olympic curling team uniforms and fan gear, renewing its role as the official uniform sponsor for the USA Curling National Team for the upcoming 2026 Winter Olympic games.
USA Curling athletes Korey Dropkin and Cory Thiesse wearing Columbia’s USA 2026 Down Puffer and USA 2026 Fleece. – Columbia Sportswear
Under the agreement, Columbia will outfit athletes and coaches across the Men’s, Women’s, Mixed Doubles, and Wheelchair National Teams, and for the first time, provide replica versions for fans to purchase.
“Outfitting the United States Curling Team for the Olympic stage is an incredible honor and our teams have worked closely with USA Curling over the past several years to help propel them to the podium in Italy,” said Joe Boyle, president of Columbia Sportswear.
“The uniforms are a testament to our commitment to these ambassadors – and we’re proud to support these athletes as they compete at the highest level.”
The competition uniforms are designed to reflect both American heritage and the country’s natural landscapes. The dark jerseys feature eight cascading stars in red, white and blue, symbolizing the curling stones used in competition. Each jersey is also adorned with at least 250 stars, a nod to the upcoming 250th anniversary of American independence.
In addition to competition jerseys, pants and hats, Columbia will provide village wear for athletes, including USA-branded parkas. The parkas are insulated with Columbia’s Omni-Heat Infinity technology, and reimagined in a gold star pattern to honor the historic games.
Fans can shop the USA 2026 collection, which includes a patriotic down jacket, fleece styles, short-sleeve T-shirts, beanies and ball caps, priced from $40 to $300. The collection is now available on Columbia’s website and at select Dick’s Sporting Goods locations, with replica jerseys set to launch online in January.
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