These are the tales making headlines in trend on Thursday.
Versace CEO Exits
Emmanuel Gintzburger exited his submit as Versace’s CEO efficient June 23, Prada confirmed. Gintzburger joined the Italian model as CEO in 2022, and beforehand served as Alexander McQueen‘s CEO. Gintzburger’s successor “will probably be introduced sooner or later,” Prada advised WWD. {WWD/paywalled}
Balenciaga Companions With Substack’s Sponsorship Program
Balenciaga is the primary trend home to accomplice with Substack’s native sponsorship program. The brand new program’s construction permits for creator-led editorial to be backed by a number of income streams, together with potential collaborations with partnering manufacturers like Balenciaga. “Balenciaga has a century-long historical past of innovation, and I am proud that it continues to forge forward as a cultural catalyst, empowering creativity and new channels of unbiased considering, embodied as we speak with this Substack partnership,” Balenciaga CEO Gianfranco Gianangeli stated in a press release. {Fashionista inbox}
H&M Studies 3% Gross sales Drop in Q2
H&M launched its Q2 2026 report on Thursday, which confirmed a 3% year-over-year decline in internet gross sales to SEK 54.82 billion (about $5.62 billion). H&M operated with round 3% fewer shops on the finish of the quarter in comparison with the identical level final 12 months. Within the first half of the 12 months (Dec. 1, 2025 to Could 31, 2026), H&M reported internet gross sales of SEK 104.44 billion (about $10.73 billion), down 7% year-over-year. {H&M Group}
Kering Names Finalists of the Second Kering Technology Award x Jewellery
On Thursday, Kering introduced the 4 finalists of the second version of the Kering Technology Award X Jewellery, together with two college students and two startups. The scholars included “Perching Willow” by Yang Yuchan and “Acacia” by Jill Schmid, whereas the startups included GeoGems by Lauriane Pinsault and Novanoma by Masanori Kirihara. The award was launched to advertise innovation and sustainable practices inside the jewelry sector. The 4 finalists will current their last tasks on July 9 at Kering’s Parisian headquarters. {Kering}
DSquared2 Names Unhealthy Gyal as International Model Ambassador
Picture: Courtesy of Dsquared2
Spanish musician Unhealthy Gyal is DSquared2’s new world model ambassador. On this function, Unhealthy Gyal will entrance upcoming worldwide campaigns and symbolize the model at key world occasions. “DSquared2 has at all times stood out to me for the way in which they combine uncooked edge with pure magnificence,” Unhealthy Gyal stated in a press release. {Fashionista inbox}
