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Matthew Ives will be new Dunhill CEO

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September 30, 2025

Heritage British menswear brand Dunhill will have a new chief executive in the middle of next month with Matthew Ives to be installed as the Richemont-owned company’s CEO.

Dunhill – Spring-Summer2026 – Menswear – Italie – Milan – ©Launchmetrics/spotlight

He replaces Andrew Holmes, Dunhill COO and CFO, who’s been interim CEO since the beginning of last year. Previous Dunhill chief Laurent Malecaze has been moved to the same post at its Chloé brand.

Ives’ arrival isn’t quite an internal Richemont appointment as he’s been SVP chief commercial officer of De Beers London since 2022. 

But before that he was Richemont through and through, with an 11-year stint that saw him holding posts including retail director of Cartier, retail director Northern and Southern Europe of Van Cleef & Arpels, chief of staff in the CEO’s office and London-based senior associate (when he joined in June 2011).

Prior to this he’d been a business analyst at McKinsey & Company.

So we’re talking about a hugely experienced luxury executive who knows Richemont’s workings inside out. 

It’s been reported that his immediate boss for his return to the fold will be Philippe Fortunato, who’s CEO of the group’s fashion and accessories businesses.

Dunhill has faced some challenges in recent years but the appointment of Simon Holloway as creative director and other tweaks to the business seem to have boosted its operations and its recent collections have been widely praised.

It has been steadily opening stores in key luxury locations too and a Bond Street, London, flagship is coming next year.

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Bartolomeo Rongone to leave Bottega Veneta for Moncler

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January 20, 2026

In another change to Kering’s organisational structure: the group has announced that Bartolomeo Rongone, CEO of Bottega Veneta, will leave the group on March 31, 2026 to pursue new career opportunities.

Bartolomeo Rongone and Remo Ruffini – Moncler

The executive will step down from his role at Bottega Veneta on March 31, 2026, and will be appointed CEO of the Moncler Group with effect from April 1, 2026.

Under the Moncler Group’s new organisational set-up, Remo Ruffini will serve as executive chairman, retaining responsibility for creative direction and continuing to play a central role in governance and in shaping the group’s strategic direction.

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Puma to supply F1 champions McLaren with motor racing kit in global deal

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January 20, 2026

Puma will supply team kit to Formula One champions McLaren this season in a multi-year global deal that also covers activities in ⁠IndyCar, World Endurance from 2027, virtual racing, and the ⁠all-female F1 Academy series. No financial details were given.

Formula One F1 – Abu Dhabi Grand Prix – Yas Marina Circuit, Abu Dhabi, United Arab Emirates – December 7, 2025 McLaren’s Lando Norris celebrates after becoming the 2025 Formula One World Champion – REUTERS/Jakub Porzycki

“Our sport is in ‍incredible ‌shape, and it’s been fantastic to ⁠see an ‌influx of major fashion ‌and lifestyle brands who are looking for deep and meaningful ways to engage with our growing global ‍fanbase,” said McLaren Racing CEO Zak Brown.

McLaren previously had a ‌deal ⁠with ​Castore, with some media ⁠reports ​suggesting that was worth 30 million pounds ($40.41 million) a year.

Puma ​also equip Ferrari and Aston Martin. Williams have meanwhile ⁠switched to ⁠US lifestyle brand New Era.

© Thomson Reuters 2026 All rights reserved.



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Estee Lauder sued by beauty tech startup for alleged theft

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January 20, 2026

Estee Lauder was sued by a self-described “disruptive” startup that accused the cosmetics giant of effectively putting it out of business by stealing technology to boost sales from jet-setting travellers in hotels.

Nomi has accused Estee Lauder of stealing its technology – Bloomberg

In a complaint filed on Friday night in Manhattan ⁠federal court, Nomi Beauty said Estee Lauder has been “driving literally billions in new revenue” to itself after abandoning contracts ⁠in 2018 and 2020, including means to determine consumers’ actual preferences for cosmetics instead of their stated preferences.

Nomi- the name is a homophone for “know me,” as in the customer- ‍said its “secret ‌sauce” was intended to help the parent of Clinique and MAC lipstick ⁠generate more revenue from luxury ‌hotel duty-free shops and in-room purchases, and become less dependent ‌on traditional retail stores. Rather than honour its contracts or follow through on discussions to purchase Nomi outright, Estee Lauder allegedly starved Nomi’s hotel partners of products, while rolling out competing programs in China, Costa Rica, ‍Malaysia, the UK and the US.

These programs “rely on the very same trade secrets Nomi had been educating Lauder about for years,” the ‌complaint said. Nomi ⁠is ​seeking unspecified compensatory, punitive, and triple damages. Estee Lauder did ⁠not immediately ​respond to requests for comment.

“Nomi’s stolen innovations brought Estee Lauder into the information age, and Estee Lauder continues to profit from them wildly,” Nomi’s ​lawyer Matthew Schwartz said in an email. Both companies are based in New York.

Since last February, Estee Lauder has ⁠pursued a “Beauty Reimagined” strategy, including prestige ⁠launches and a streamlining of its supply chain, to revive sliding sales. The strategy also called for up to 7,000 job cuts.

© Thomson Reuters 2026 All rights reserved.



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