Executive changes continue for Estée Lauder Companies ahead of CEO Fabrizio Freda’s retirement.

Once a retail giant, Sears now struggles to maintain its dwindling stores, seeking rent concessions while facing the reality of a retail landscape increasingly dominated by online shopping.

Executive editor Brian Baskin sits down with senior news and features editor Diana Pearl to discuss how today’s influencers are attempting to assert greater control over their content and revenue.

The Italian executive, a veteran of Prada and Louis Vuitton, is replacing CEO Jean-François Palus as Kering’s flagship brand struggles to reignite consumer demand.

The company, which was founded in China but is now based in Singapore, saw its British revenue rise 38 percent in 2023 from a year earlier.

While Chinese people demonstrated a strong desire to travel domestically during the National Day Golden Week holiday period which ended Monday, they were less keen to spend while travelling.