Photo: Courtesy of Courrèges
These are the stories making headlines in fashion on Tuesday.Courrèges’ Artistic Director ExitsAfter five years as Courréges’ artistic director, Nicolas Di Felice is exiting the brand to focus on personal projects. “I would like to express my deepest gratitude to the group and especially to François Pinault and François-Henri Pinault for their trust,” Di Felice said in a press statement. “I also want to truly thank all the teams and my friends, whose talent and dedication made this human and creative journey so meaningful.” His successor will be announced next week. {Fashionista inbox}Advent International acquires Salt & StoneGlobal private equity investor Advent International has acquired a majority stake in body-care brand Salt & Stone. The financial terms have not been disclosed. This acquisition will help Salt & Stone accelerate its growth and expand its retail and direct-to-consumer presence. “From day one, I set out for Salt & Stone to be a legacy brand, built to last for the next hundred years and beyond. With our incredible team and Advent’s partnership, I have never believed in that future more than I do today. Advent shares our vision of building for the long term and will enable us to continue to redefine the category. This is just the beginning for Salt & Stone,” Nima Jalali, Founder and CEO of Salt & Stone, said in a press statement. {Fashionista inbox}Estée Lauder and Puig eye mergerThe Estée Lauder Companies (ELC) and Puig are in talks about a potential merger, though no final decision or agreement has been reached. The two conglomerates boast very different portfolios, with Puig focused more on fragrance (Rabanne, Carolina Herrera, Jean Paul Gaultier) and ELC on skin care and makeup (Estée Lauder, Clinique, Bobbi Brown Cosmetics). The merger talk also comes days after Jose Manuel Albesa started his role as Puig’s new CEO. {Estée Lauder Companies}Sephora collaborates with ChatGPTSephora is launching its app in ChatGPT. ChatGPT users can ask beauty and skin-care-related questions and be directed to the Sephora app, which offers personalized recommendations and allows users to complete purchases. “Beauty clients around the world are increasingly open to AI-powered guidance, as many use technology to discover brands, trends and routines. By blending our digital retailer expertise with new AI tools, we are creating new seamless and conversational experiences that are not only efficient but helpful for beauty consumers,” Nadine Graham, Sephora North America general manager of e-commerce, said in a statement. {Sephora}Do you have an emerging brand you want to share with Fashionista readers? Jumpstart your business with our affordable digital offerings.
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