Joan Kennedy
The News in Brief

Ryan Ross, formerly president of Williams Sonoma, will begin reporting to chief executive Geoffroy van Raemdonk, on Aug. 15. In the newly created role, he will be tasked with strengthening the Neiman Marcus brand and customer experience.

The US-based beauty chain launched digital innovation fund Prisma Ventures, which will invest $20 million in emerging technology start-ups with the potential to shape retail experiences online and in-store.

On Oct. 1, Facebook is shutting down its live shopping feature, according to a statement by Meta. Users will no longer be able to host shopping events on the site, create product tags or playlists in videos.

Despite slowdowns in China, sales rose 46 percent at the Italian luxury group, driven by growth in the US and Europe. Revenue was up 48 percent year-on-year, reaching 918.4 million euros ($929.9 million).

The US edition of the magazine released a digital cover featuring Olena Zelenska on its Instagram page as part of a spread photographed by Annie Leibovitz, titled “Portrait of Bravery: Ukraine’s First Lady Olena Zelenska,” which is set to appear in its October print issue. Zelenska and her husband, president Volodymyr Zelenskyy, spoke to Vogue about their relationship, the war and Ukraine’s future.

Kruti Patel Goyal, currently chief product officer, will succeed Maria Raga, who is exiting the Gen-Z favourite resale site to pursue personal ventures, parent company Etsy Inc. said in a statement.

The organisation will take aim at preserving craft in American fashion by educating consumers about the importance and quality of American artisans, drumming up interest in American brands, backing training and apprenticeship programmes and prompting conversations about craft with its designer network.

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