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Sebastian Picardo is new Monica Vinader CEO

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October 14, 2025

UK-based jeweller Monica Vinader has a new CEO with Sebastian Picardo now at the helm of the brand that has been run by its founders for its entire history.

Monica Vinader

Picardo is a seasoned luxury executive who’s worked at Holt Renfrew, Lane Crawford, Burberry, Net-A-Porter and Alexander McQueen

His most recent role was as president & CEO at Canada’s Holt Renfrew for five years, joining in summer 2020 as the pandemic made it one of the most difficult periods for luxury department stores.

Before that he’d spent six years at one of Asia-Pacific’s key names, Lane Crawford, ending his time there as deputy president. Previously he’s been digital commerce MD at Burberry, head of finance at Net-A-porter, and financial controller at Alexander McQueen.

So he’s clearly an extremely experienced executive and leader with crucial time spent both at the upper end of the luxury segment and also in the more affordable premium space in which Monica Vinader operates. And his knowledge of the international market should also be key.

Its big move for the brand that was founded by siblings Monica and Gabriela Vinader in 2008 and has been profitable for most of its history.

With Picardo as CEO, Monica Vinader remains an executive and also the brand’s artistic director while Gabriela Vinader has become a non-executive director.

They said Picardo is “perfectly placed to guide our next phase of growth” and will work to accelerate the business’s global reach, “scaling innovation, inspiring existing and new audiences, and setting new standards for modern luxury jewellery”.

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Acne Studios opens first Thailand store in Bangkok

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December 18, 2025

Acne Studios has opened its first standalone store in Thailand, opting for the Asian nation’s capital, Bangkok, to make its debut.

Inside the new Acne Studios Bangkok store – Courtesy

Located inside the city’s Siam Paragon shopping mall, nestled in the Siam shopping district, the new Acne Studios Bangkok store was conceived by the Swedish luxury fashion brand’s creative director Jonny Johansson and Swedish architecture studio, Halleroed.

Washed in the Stockholm-based brand’s signature light pink hue, the new store’s facade features pink granite, which extends to the interior flooring and a series of monolithic pillars, with matte plaster walls.

The minimalist space is punctuated by furnishings and fixtures by longtime collaborators, including seating by British furniture designer Max Lamb, alongside geometric stainless steel, including a metal payment desk, and strip lighting by the French artist, Benoit Lalloz.

Inside the new Acne Studios Bangkok
Inside the new Acne Studios Bangkok – Courtesy

“Together, this dialogue between materials, furnishings and lighting reaches what Johansson and Halleroed call an ‘unexpected harmony’ – a reflection of Acne Studios’ collections, which are rooted in ideas
of juxtaposition, creativity and play,” said the brand in a press release.

Inside, local shoppers will find Acne Studios Fall/Winter 25 looks from the men’s and women’s collections alongside shoes and accessories, and the brand’s new Camero bag.

To celebrate the opening, a limited-edition Acne Studios Loves Bangkok T-shirt will be available alongside a series of early Trompe L’œil drops.

The new Bangkok store opening comes on the back of Acnes Studios’ opening in Aoyama, Tokyo, strengthening the firm’s presence across the Asia-Pacific region.
 

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LVMH CEO Arnault: Ask me again in 10 years about succession plans 

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December 17, 2025

LVMH CEO Bernard Arnault said he was hoping he would be able to make another ten years when asked about his succession ⁠plans for the world’s biggest luxury group. 

Reuterss

“Talk to ⁠me again in 10 years, I can give you a more ‍precise ‌answer,” Arnault, 76, told broadcaster CNBC ⁠in an ‌interview, referring to his ‌latest mandate extension, approved by shareholders earlier this year. 
“I hope … that I will make these ‍10 years,” he said. 

Commenting on the role of his five ‌children ⁠at ​the family-controlled luxury giant, ⁠Arnault ​gave little insight on who could take over the ​helm. 
“For getting responsibility, they have to merit the responsibility ⁠and to ⁠prove they can do it,” Arnault said. 

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Clarks debuts first Cloudsteppers US store in Corpus Christi, Texas

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December 17, 2025

Last month, Clarks announced it was opening its first ever Cloudsteppers store in the US… and it’s duly arrived, with the Corpus Christi, Texas, store marking the UK footwear-to-apparel retailer’s next chapter for its standalone lifestyle brand. 

Cloudsteppers

It’s made its debut because UK-based Clarks says Cloudsteppers “has earned its reputation as America’s No.1 flip-flop brand for women, [citing Circana data], with over 25 million pairs of the iconic Breeze Sea sold globally”.

It’s all down to the “love for their signature ‘walk-on-air’ feel”, with Cloudsteppers products combining “lightweight comfort, dependable quality, and exceptional everyday value”.

It comes as a new 1,255 sq ft mall-based concept store with an immersive retail experience. The store’s choice of location, La Palmera, is “perfectly placed” in the beachside city “where laid-back comfort is part of everyday living”.

Designed as a “bright, welcoming space”, the store features Cloudsteppers’ first range of casual lifestyle essentials. With price points starting from $9.99, the range includes soft-touch T-shirts, hoodies, caps, bags and water bottles.

Previously focused on women’s styles, Cloudsteppers is also expanding into menswear. In the new year, it will stock a full men’s range – from sandals and sneakers to T-shirts, hoodies and more.

Peter Quirke, Clarks VP of Retail in the Americas, said: “Launching… as a standalone lifestyle concept is a major milestone for us. Cloudsteppers has really grown into its own in America.”

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