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Day’s wrap: Dolce & Gabbana, Meta, Hermès, Trussardi and GQ Middle East

Dolce & Gabbana is shifting to a fully in-house beauty operation. Image credit: Dolce & Gabbana

 

Luxury Daily’s live news for Feb. 7:

Dolce & Gabbana launches $1.1B beauty business
Italian fashion house Dolce & Gabbana is establishing a new standalone beauty company, as it shifts from a licensing model to direct operations.

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Meta threatens to pull Facebook, Instagram from Europe
Media company Meta Platforms, formerly Facebook, has threatened to shut down two of its largest social media platforms, Facebook and Instagram, in Europe over data-sharing demands.

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Hermès sets new SBTi-approved sustainability goals
French fashion house Hermès has earned an A- rating from the 2021 CDP evaluation for its efforts in fighting global warming.

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Trussardi undergoes rebrand
Italian fashion house Trussardi has unveiled an updated brand logo after nearly 50 years as part of a larger rebranding.

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GQ Middle East announces new editor in chief
Condé Nast-owned men’s lifestyle publication GQ has announced the appointment of Ahmad Swaid as the new editor in chief of GQ Middle East.

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