American fashion designer, philanthropist, and billionaire businessman; founder of the Ralph Lauren brand.
Britain's homegrown tennis pipeline faces scrutiny as the Wimbledon dream for wildcard Arthur Fery collides with a wider crisis in British tennis. Meanwhile, Jannik Sinner wins the men’s final and Jennifer Lopez draws attention with a controversial hat.
Tokyo is debating allowing shorts in offices as part of the Cool Biz drive to beat heat and cut energy use; opinions are divided, with concerns about gender fairness and leg hair etiquette. A June Gorilla Clinic survey shows both support and opposition among workers, amid rising summer heat and energy costs.
Tokyo has introduced a policy allowing shorts, t-shirts, and trainers as part of its summer work attire under the "Tokyo Cool Biz" initiative. The change aims to cope with extreme heat while curbing energy use, though reviews are divided—some applaud comfort, others raise concerns about fairness and legibility of dress codes.
Sainsbury’s has agreed to sell Argos and the Habitat brand to Swift Partners. The deal will complete in February 2027 with full separation by 2029. Argos will continue to operate normally during the transition, and staff will transfer to Swift. The move allows Sainsbury’s to focus on its core groceries business.
Ralph Lauren has delivered better-than-expected earnings and revenue, pushing shares higher. CEO Patrice Louvet has steered the brand toward growth through brand elevation, new product lines, and a focus on full-price selling in key markets.
The Treasury has expanded its bond-buyback program to support longer-dated debt, but yields on the 10-year and 30-year Treasuries have remained elevated as debt levels and deficits draw scrutiny. Investors are weighing the impact on mortgages, AI infrastructure funding, and policy uncertainty across multiple outlets.
Independent reports that Not On The High Street has brought on celebrity investor as non-executive director and equity stakeholder, aiming to steer a turnaround under new ownership. The move follows years of declining sales and a refocus on UK-sourced, artisanal products amid competition from Temu and Shein.
Aryna Sabalenka has retained focus at the US Open, addressing questions about off-court activities while stressing that training and mental strength drive her. She is preparing for the next rounds after a dominant performance, with analysts noting the evolving landscape as rivals push for top rankings.
Adidas faces backlash after an Israel-only campaign featuring Shalev Biton, an ex-soldier who lost a leg, prompts boycott calls amid Gaza war coverage. Adidas says the posters were local to Israel and not a global campaign, while activists accuse the brand of normalising violence. The controversy follows similar criticism of Ralph Lauren’s campaign featuring Gal Gadot.
Sir Paul Smith marks his 80th birthday with Threads: My Life in Style, reflecting on a career built on curiosity, patient growth, and hands-on leadership. Interviews reveal a designer who values real shops, personal connection, and careful stewardship of his brand as fashion evolves.
The CFDA has announced that Steven Kolb has stepped down as CEO after an incident at New York Fashion Week where he restrained a PETA protester. He has been placed on leave and the board says the organisation will move forward with a new chapter.
Steven Kolb has stepped down as CEO and president of the CFDA following an on-stage incident at a COS show during New York Fashion Week, where he restrained two protesters. The CFDA board has thanked him for his two-decade leadership and says the organization is positioned to continue its work.
Saudi Arabia hosts 500+ exhibitors from 25 countries for the fourth edition in Jeddah. Indonesia will showcase designers and jumputan textiles to spotlight its modest fashion on a global stage. Indonesian brands expect doors to open for partnerships and market access, with Saudi demand projected to grow toward a $40 billion market by 2029.
Forbes 400 members live across 38 states and DC, with California hosting the largest cluster. The piece highlights concentrations in Illinois, Texas, and other states; notable figures include Zuckerberg, Musk, Buffett and Dell.