Photo: Kevin Carter/Getty Images
These are the stories making headlines in fashion on Thursday.Richemont sales up 11% in Q3Richemont reported sales of €6.4 billion ($7.4 billion) for the third quarter ending Dec. 31, 2025. Sales were up by 11% at constant exchange rates. The Cartier and Van Cleef & Arpels parent company saw growth across all regions at constant exchange rates, including double-digit performances in the Americas, Japan, Middle East and Africa. {Richemont}Gap creates chief entertainment officer roleGap Inc. has appointed Pam Kaufman as executive vice president, chief entertainment officer. In this newly created role, Kaufman will report to Gap Inc. President and CEO Richard Dickson starting Feb. 2. The role is designed to build and scale Gap Inc.’s entertainment, content and licensing platform across music, television, film, sports, gaming, consumer products and cultural collaborations. Kaufman will lead the development of Gap Inc.’s strategy for the “fashiontainment platform” in close partnership with the brands. {Gap Inc.}Gabriela Hearst names new president
Michele CohenPhoto: Max Farago/Courtesy of Gabriela Hearst
Gabriela Hearst promoted Michele Cohen, who has served as the brand’s global head of sales since 2015, to president. The role of president was newly defined to reflect the brand’s continued commercial momentum and to support its next phase of global growth. As president, Cohen leads the brand’s global commercial strategy, overseeing wholesale, retail and e-commerce. {Fashionista inbox}Prime Matter Labs acquires Mana ProductsPrime Matter Labs has acquired contract manufacturer Mana Products for an undisclosed sum. Mana Products previously furloughed its employees and went dark on customers in December. Prime Matter Labs operates predominantly in skin care, sun care, hair care and body care, but now this deal opens it up to makeup as well. This acquisition also means Prime Matter Labs is expanding into New York. {WWD/paywalled}How Bobby Kim became Disney’s first creative director for merchBobby Kim is now Disney Consumer Products’s (DCP) newly appointed global creative director, a role that has never existed at the company before. Kim’s hire marks both a shift in strategy and a signal of bigger ambitions as fashion-as-merch accelerates. DCP President Tasia Filippatos notes Kim’s role is to inject more “indie” spirit into Disney, oversee creative teams globally for all licensed and Disney Store product, bring in new collaborators and storytelling angles and serve as the face of DCP at fashion weeks and events. {Vogue Business/paywalled}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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