Arnaud Vaillant and Sebastien MeyerPhoto: Pascal Le Segretain/Getty Images
These are the stories making headlines in fashion on Friday.Coperni to skip Paris Fashion Week amid friction with shareholderCoperni will not show at Paris Fashion Week for the upcoming season, founders Arnaud Vaillant and Sebastien Meyer announced on Friday. This decision comes amid apparent problems between Coperni and Tomorrow London, which took an undisclosed stake in the label in 2019. Per the designers, “This relationship has since deteriorated significantly, to the point that Coperni no longer has the means to support its development.” The designers also said they plan to seek ways to regain control of their label. {Business of Fashion/paywalled}Nike is under federal investigation for alleged bias against white workersThe U.S. Equal Employment Opportunity Commission (EEOC) announced that it is investigating Nike for “systemic allegations of DEI-related intentional race discrimination” against white workers. The EEOC’s investigation and subpoena sought information related to these allegations, with some requests going back to 2018. This move positions the EEOC at the vanguard of the Trump administration’s broad assault on DEI practices. {The New York Times/paywalled; U.S. EEOC}Terrence Zhou wins 2026 AAPI Design and Innovation Grant
Terrence ZhouPhoto: Courtesy of Genesis House & CFDA
Bad Binch TongTong’s Terrence Zhou is the winner of the third annual CFDA | Genesis House AAPI Design + Innovation Grant. Finalists Allina Liu, Kim Shui and Zhou presented their completed collections at Genesis House in New York City on Thursday. Each designer received $40,000 from Genesis to develop their collection, along with access to a roster of mentors and advisors. As the winner, Zhou received an additional $60,000 for a total of $100,000. {Fashionista inbox}Kering launches second edition of jewelry-focused generation awardKering announced the second edition of the Kering Generation Award X Jewelry. The theme of the award is “Second Chance, First Choice,” with the goal being to reduce the environmental impact of the jewelry industry through the fields of new innovative materials, AI, packaging and retail-focused technologies. Shortlisted finalists will present their projects to the jury in July 2026 in Paris. The winner in the startups category will be awarded mentorship from POLI.design — Politecnico di Milano, while the winner in the student category will be offered an internship opportunity with one of Kering’s jewelry maisons. {Kering}Saks Global names new chief marketing and digital officerSaks Global has named Cheryl Han as its chief marketing and digital officer, a newly created position that will oversee end-to-end marketing strategy and execution. Previously, Han served as chief digital officer and senior vice president of customer strategy at the Neiman Marcus Group. With Han’s appointment, Chief Marketing Officer Kristin Maa and Senior Vice President of Digital Emily Nahas are both departing the company. {WWD/paywalled}Coty unveils turnaround strategyCoty is initiating its “Coty Curated” strategy, which spotlights “sharper priorities, more focused investments, improved execution and increased support behind our core businesses,” Markus Strobel, executive chairman and interim CEO said in a statement. In its Q2 2026 results, Coty reported its net revenue of $1.68 billion increased 1% on a reported basis. {Coty}Fashionista’s audience includes 1 million site visitors, 110,000 newsletter subscribers and 4.74 million social media followers. Want to know how to reach them? Learn more.
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