These are the tales making headlines in vogue on Friday.
Nike Cuts 1,400 Jobs
Amid the corporate’s “Win Now” turnaround plan, Nike laid off roughly 1,400 operations roles throughout North America, Europe and Asia. This represents lower than 2% of the corporate’s complete world headcount. The modifications are geared toward “simplifying complexity” in world operations, in response to Nike. {Footwear News/paywalled}
Jacob Elordi Is the New Face of Bleu de Chanel
Picture: Courtesy of Chanel
Chanel has named Jacob Elordi as the brand new ambassador for Bleu de Chanel. Elordi succeeds Timothée Chalamet because the face of the fragrance. The brand new Bleu de Chanel L’Exclusif marketing campaign might be unveiled in Could 2026. “Bleu de Chanel L’Exclusif has sturdy ties to cinema,” Elordi mentioned in a press release. “The filmmakers and actors who’ve collaborated with the Home earlier than me are folks I deeply respect and admire. With the ability to develop into a part of this story is an honor.” {Fashionista inbox}
Bezos Earth Fund Donates $34 Million in Vogue Grants
Jeff Bezos and Lauren Sánchez’s Bezos Earth Fund awarded $34 million in grants to establishments learning and growing supplies which may change polyester and cotton. Researchers are creating biodegradable textile fiber and plastic-free artificial silk that might scale back the local weather impression of the clothes business. {The Wall Street Journal/paywalled}
Customers Are Bringing Class-Motion Lawsuits In opposition to Manufacturers For Tariff Refunds
Following the U.S. Supreme Court docket’s choice that Donald Trump’s tariffs are unconstitutional, a brand new wave of class-action lawsuits towards manufacturers who publicly admitted to cost will increase have emerged. As manufacturers apply for tariff refunds, attorneys are submitting instances arguing that the cash needs to be returned on to customers. E.l.f. Cosmetics, Lululemon, EssilorLuxottica and Fabletics are among the many magnificence and vogue labels topic to the class-action lawsuits. {Business of Fashion/paywalled}
P&G Experiences 7% Gross sales Enhance in Q3 2026
P&G’s Q3 2026 outcomes present web gross sales elevated 7% to $21.2 billion. From January to March 2026, magnificence drove P&G’s development with natural gross sales spiking by 7%. P&G maintained its steerage vary for fiscal 2026 all-in gross sales development to be within the vary of 1-5% versus the prior 12 months. {P&G}
