These are the tales making headlines in style on Thursday.
TSG Shopper Acquires Majority Stake in Saltair
Non-public fairness agency TSG Shopper is buying a majority stake in Saltair, the body-care model based by Iskra Lawrence in 2022. Following the transaction, Lawrence will function chief group advocate. “Partnering with TSG marks the subsequent chapter: they share our ambition and produce the expertise to propel this enterprise to new heights,” Saltair CEO Rachel Shelowitz mentioned in a press release. {Business Wire}
Ray-Ban AI Glasses Drive Progress for EssilorLuxottica
EssilorLuxottica’s group revenues rose by 9.7% within the first half of 2026, with its Q2 revenues rising by 8.7%. The group’s Q2 gross sales had been bolstered by “AI-powered wearables” from Ray-Ban and Oakley, which almost doubled in income in Q2. Damaged down by area, North America, EMEA and Latin America had been up by high-single digits in Q2, whereas Asia-Pacific was up by double digits. {EssilorLuxottica}
Lola Tung Is Coach’s New World Ambassador
Photograph: Ben Rosser/Courtesy of Coach
Coach has named actor Lola Tung as its new international ambassador. Tung will star in international campaigns for Coach watches and eyewear, and likewise star because the face of Coach Ceaselessly, a brand new fragrance franchise launching in June 2027. “I’ve at all times admired how Coach encourages individuals to precise each aspect of who they’re with confidence and authenticity,” Tung mentioned in a press release. “I am trying ahead to collaborating with the staff and bringing my very own perspective to what we create collectively.” {Fashionista inbox}
Prada Group’s Web Income Rises 16% in H1 2026
Prada Group reported internet revenues of €3.05 billion ($3.51 billion) within the first half of 2026, up 16% year-over-year, whereas its Q2 internet revenues rose by 7%. Retail gross sales had been up by 3% at each Prada and Miu Miu. All areas besides the Center East reported quarter-on-quarter positive factors. Versace, Prada Group’s newer addition, recorded internet revenues of €305 million ($351 million). {Prada Group}
Quince Achieves $2 Billion in Gross sales
Quince, the factory-direct firm based in 2019, has surpassed $2 billion in gross sales during the last 12 months, WWD reported. Quince beforehand pegged its revenues at over $1 billion for 2025. This announcement follows Quince closing on a $500 million collection E funding spherical in March, which valued the corporate at $10.1 billion. {WWD/paywalled}
Adidas Studies Document Web Gross sales in Q2 2026 & Names New CFO
In Q2 2026, Adidas achieved document internet gross sales of €6.7 billion ($7.72 billion), powered by a 14% increase in currency-neutral revenues. On the heels of its World Cup activations, Adidas noticed a 25% uptick in DTC development, with double-digit will increase throughout all markets. The corporate has elevated its top-line outlook for the complete yr 2026, with revenues now anticipated to develop between 9% and 10%. Adidas additionally appointed Birgit Kretschmer to the corporate’s government board, efficient Sept. 1. She’s going to succeed Hurt Ohlmeyer, a virtually 30-year Adidas veteran, as chief monetary officer on the finish of the yr. Kretschmer is returning to Adidas, the place she spent 25 years in several management roles throughout the corporate. {Adidas; Adidas}
