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    You are at:Home»Fashion Industry Insights»Must Read: Court Approves Saks Global's Bankruptcy Plan, The New School Conducts Layoffs
    Fashion Industry Insights

    Must Read: Court Approves Saks Global's Bankruptcy Plan, The New School Conducts Layoffs

    adminBy adminJune 8, 2026No Comments2 Mins Read
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    These are the tales making headlines in trend on Monday.

    Court docket Approves Saks World’s Chapter Plan

    On Friday, the U.S. Chapter Court docket for the Southern District of Texas accepted Saks World’s reorganization plan. The approval permits Saks World to exit chapter 11 chapter within the coming weeks, because of considerably lowered debt and recent capital to strengthen its operations. {Saks Global}

    The New College Conducts Layoffs

    The New College has laid off practically 90 school and workers members as a part of the college’s restructuring. The varsity is affected by low enrollment, which has compelled it to chop prices. Most of the laid-off workers are reportedly tenured and college of colour. The latest laid-off workers have till December to proceed working on the college, or they will resign instantly. {The New School Free Press}

    Menswear Vogue Magazines Faucet Into New Methods

    Menswear trend media are adopting new methods, together with prioritizing deeper storytelling, embracing creator personalities and pushing international views, to face out inside a aggressive market. In at present’s period, viewers are extra drawn to particular person creators than to legacy media, prompting editors to think about methods to maintain their publications from being dethroned as authoritative voices. {Business of Fashion/paywalled}

    Rihanna is 72‘s Summer season 2026 Cowl Star

    Photograph: Szilveszter Makó/Courtesy of 72

    On Monday, Edward Enninful‘s media firm, EE72, revealed that Rihanna fronts the quilt of 72‘s Summer season 2026 difficulty. Photographed by Szilveszter Makó and styled by Enninful, the multihyphenate posed in a DiorHaute Couture gown. The difficulty is offered for buy here.

    Printemps Group Names New CEO

    Printemps Group has appointed Rémy Baume as its new CEO, efficient instantly. For practically 9 months, the position was left vacant. Baume boasts over 20 years of management expertise, most not too long ago serving as CEO of the French trend model Zadig & Voltaire. {WWD/paywalled}

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