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    You are at:Home»Fashion Industry Insights»Must Read: People Inc. Cuts 195 Jobs, Dries Van Noten Names Adrian Ward-Rees President
    Fashion Industry Insights

    Must Read: People Inc. Cuts 195 Jobs, Dries Van Noten Names Adrian Ward-Rees President

    adminBy adminOctober 30, 2026No Comments4 Mins Read
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    These are the tales making headlines in vogue on Friday.

    Individuals Inc. Cuts 195 Jobs

    Individuals Inc., Barry Diller’s firm previously generally known as IAC, is shedding 195 workers primarily in print and web site departments, in accordance with a memo from CEO Neil Vogel. The corporate, which owns Individuals, InStyle and Byrdie, had 5,156 workers on the finish of final 12 months. Vogel stated it has employed 320 individuals in 2026 and plans extra “significant investments” in 2027. The layoffs got here a day after MGM Resorts’ CEO stated discussions between the 2 corporations had ended, following Individuals Inc.’s deserted bid for a majority stake in MGM. {The Hollywood Reporter}

    Dries Van Noten Names Adrian Ward-Rees President

    Dries Van Noten has named Adrian Ward-Rees as its subsequent president. Ward-Rees, beforehand chief enterprise officer of Moncler Grenoble, will begin Dec. 1. He succeeds Axel Keller, who’s stepping down after greater than 5 years and can keep via the top of the 12 months to assist with the handover. The change comes as collections by Artistic Director Julian Klausner are posting double-digit progress in 2026. {Vogue Business}

    Carlos Nazario Releases His First E book

    Stylist Carlos Nazario, who was lately named editor-in-chief of Wonderland, has launched his first e-book, “Silver Lining,” a 300-page assortment meant to seize the spirit of the 2020s. The 38-year-old stated he made it as a long-lasting assertion for future generations, with a deal with individuals and our bodies the style world has usually missed. It contains images, essays and conversations with pals similar to Erykah Badu, Solange Knowles and Paloma Elsesser, together with an interview along with his grandmother. {CNN}

    Hugo Boss Resets Womenswear Beneath Kerstin Dorst

    Hugo Boss is resetting its womenswear enterprise, beginning with its Fall 2027 assortment, beneath Kerstin Dorst, who joined in January as senior vice chairman of the womenswear unit. Dorst stated in an interview with WWD that the model had “misplaced the creativity of what we are able to do with a wardrobe”. The roughly 200-piece assortment facilities on female tailoring, with a sharper core making up about 20% of the vary, and costs keep at core ranges whereas selectively increasing the higher vary. Dorst stated the purpose is to place Boss again in ladies’s minds, in step with the corporate’s “higher earlier than larger” technique. {WWD/paywalled}

    The RealReal Q3 Income Jumps 19%

    The RealReal stated third-quarter income rose 19% to $206 million, topping the 13.4% progress analysts anticipated, and the luxurious resale market raised its full-year forecast. Gross merchandise quantity climbed 23% to $642 million and energetic consumers over the previous 12 months rose 13% to about 1.15 million. The corporate now expects 2026 income of $806 million to $810 million, up from its earlier vary of $788 million to $797 million. Shares rose 5.3% in after-hours buying and selling, although they’re nonetheless down 28% for the 12 months. {The RealReal; WWD/paywalled}

    How Trend within the Center East Is Rethinking Development

    Trend companies throughout the Gulf are adapting to months of battle involving the U.S., Israel and Iran, whilst malls and occasions look busy once more. Prada Group’s Center East retail gross sales fell 23% within the first 9 months of 2026 and LVMH’s finance chief known as the Center East a continued “headwind”. Some regional manufacturers stated delivery prices have risen as a lot as fourfold as disrupted sea routes push them towards air freight, and an assault this month on Riyadh’s airport led to the cancellation of almost 90% of flights there. In response, manufacturers are more and more specializing in resident buyers, and Kering reported a sequential restoration in Center East gross sales within the third quarter. {Business of Fashion/paywalled}

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