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"Anna Wintour's Sunglasses and the Controversy at Pitchfork: A Critical Analysis"
fashion-and-business
1.245 min2 years ago

"Anna Wintour's Sunglasses and the Controversy at Pitchfork: A Critical Analysis"

Anna Wintour, known for her icy demeanor, reportedly kept her sunglasses on while delivering the news of staff layoffs at Pitchfork, which is being absorbed by GQ. A former Pitchfork writer criticized Wintour's behavior as "appalling," highlighting the perceived indecency of upper management. Wintour defended the decision in a memo, citing a careful evaluation of Pitchfork's performance and the best path forward for the brand within the company.

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Italian Fashion Influencer Fined €1 Million for Misleading Charity Claims

Originally Published 2 years ago — by ABC News

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Source: ABC News

Italian fashion influencer Chiara Ferragni has apologized after being fined 1 million euros by Italy's anti-trust authority for improperly communicating a charitable contribution tied to sales of a Christmas cake sold with her logo. Ferragni pledged to donate the fine amount to a hospital in Turin but stated that she would challenge the fine itself. The anti-trust agency also fined Balocco, the cake manufacturer, for misleading consumers about the charitable donations. Ferragni, who started as a fashion blogger and now runs her own brand, said she would no longer link charity with commercial activities.

"Giorgio Armani's Succession Plan: Securing a Fashion Legacy"

Originally Published 2 years ago — by Reuters

Featured image for "Giorgio Armani's Succession Plan: Securing a Fashion Legacy"
Source: Reuters

Italian fashion designer Giorgio Armani has outlined a succession plan for his eponymous fashion empire, ensuring its independence and longevity after his death. With no children to pass it on to, Armani's heirs are expected to include his sister, three other family members, long-term collaborator Pantaleo Dell'Orco, and a charitable foundation. The plan, outlined in a 2016 document, sets guidelines for potential stock market listings and M&A activities, while emphasizing the importance of maintaining the brand's essential, modern, and elegant style. The document also establishes a foundation to protect the business and reinvest capital for charitable causes. Armani's meticulous planning aims to transmit and prolong his vision of the company, but the ultimate success will depend on future market changes.