Spanish jewelry brand Tous has appointed Susana Sánchez as its new CEO, following the departure of Carlos Soler-Duffo after 13 years with the company, as announced earlier this week. Sánchez previously served as CEO of Portuguese fashion and accessories brand Parfois, where she will now be succeeded by Luis Maseres.
Tous
As CEO of Tous, reporting directly to chairwoman Alba Tous, Sánchez will take on the challenge of “accelerating the company’s sustainable growth,” the Catalan company said in a statement. The appointment aligns with the implementation of Tous’s GEM strategic plan (Growth, Elevation, Mindset), which focuses on innovation, creativity and connecting with new generations.
“With Susana’s arrival, we are embarking on an exciting new phase that continues our GEM strategic plan. Her deep knowledge of the fashion industry, her innovative vision and her experience in the global development of retail businesses reinforce our growth ambitions and our commitment to elevate the brand to new dimensions of differentiation and innovation,” said Alba Tous.
Sánchez, who has more than 25 years of experience in retail, is a telecommunications engineer by training. Over the past five years, she has served as CEO of Parfois, and before that, she worked at the Profand Group, Bimba y Lola, and Dayaday.
Alongside her appointment, Tous thanked Carlos Soler-Duffo “for his leadership, commitment and vision during his 13 years at the company, seven of them as CEO.” “During this period, marked by transformation and sustained growth, Tous has reaffirmed its position as one of the world’s leaders in the affordable luxury jewelry segment,” the company concluded.
Luis Maseres takes the reins of Parfois
For its part, Parfois has also announced a change at the top of its management. The Portuguese company continues to support Spanish talent, appointing Luis Maseres to the helm. With him as CEO, “it is embarking on a new phase in which it will continue to drive its strategy of growth and international expansion,” the company stressed.
The Portuguese firm also reflected on Sánchez’s five-year tenure: “Parfois has transformed, consolidating its international presence, strengthening its position in the sector and expanding its network of stores in strategic markets. It has also accelerated its online channel and strengthened its value proposition.”
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Louis Vuitton has named Grammy Award–winning artist Future as its newest ambassador, deepening the maison’s ongoing commitment to celebrating talent across cultural landscapes.
Louis Vuitton names Future as its newest ambassador. – Louis Vuitton
The Atlanta-born rapper, producer and composer continues to dominate the global music landscape. Most recently, he released back-to-back chart-topping albums, “We Don’t Trust You” and “We Still Don’t Trust You”, which became an international phenomenon and further cemented Future’s status as a cultural trailblazer. Over the course of his career, Future has earned 11 number-one albums and multiple chart-leading singles.
“Future embodies the core values of Louis Vuitton, including creativity, artistry, and a pioneering spirit that resonates with international audiences,” the maison said in a statement. “His unique style and creative vision make him an invaluable addition to the Louis Vuitton family.”
It’s not the first time Future collaborates with Louis Vuitton. He attended Louis Vuitton’s Men’s Spring–Summer 2026 show in Paris at the invitation of Pharrell Williams, a longtime friend and creative collaborator. Earlier this year, Future also appeared at the 2025 Met Gala, themed “Superfine: Tailoring Black Style,” wearing a custom Louis Vuitton grey quarter-zip ensemble layered with a tie, designed by Williams.
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.