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He’s back for another buy, non-exec snaps up more Dr Martens shares

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12 hours ago

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December 15, 2025

Dr Martens announced its independent non-executive director Robert Hanson has been continuing to purchase the brand’s stock, in what looks like a further positive sign for the global footwear retailer.

Dr Martens

In a release to the London Stock Exchange, Dr Martens said Hanson has just purchased another 104,000 shares, worth over £80,000. This is in addition to the 96,000 shares he purchased a week ago (8 December) to the tune of around £75,000.

Hanson, who joined the Dr Martens’ board in March as a non-executive director and was previously president of Americas at Levi’s as well holding CEO roles at American Eagle Outfitters. He looks to be banking on a positive future for Doc Martens (and his post) with directorship purchases taken as a sign they’re expecting an improving performance in the markets and at retail.

Dr Martens is currently working through a recovery from a major period of weakness and it seems to be yielding results. Its first half update in November showed progress, with the America recovering.

Six-month results for the FY26 period to late September showed the execution of its new strategy on track with full-price DTC revenue rising 6%.

But there were some negative figures with overall revenue on a reported basis dipping by 0.8% to £322 million. However, it would have risen by 0.8% at constant currency rates.

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Rent the Runway sales lift on increased active subscribers

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27 minutes ago

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December 15, 2025

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December 16, 2025

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.
 

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Chanel taps Aegon’s top HR executive for luxury company role

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58 minutes ago

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December 15, 2025

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Bloomberg

Published



December 16, 2025

Chanel has tapped the human resources chief from Dutch insurer Aegon as the fashion and beauty company continues to reshuffle its top executive roles.

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Chanel – Pre-Fall2026 – 2027 – Womenswear – New York – ©Launchmetrics/spotlight

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.
 



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Columbia Sportswear unveils USA Olympic curling uniforms and fan gear

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1 hour ago

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December 15, 2025

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December 16, 2025

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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