Dr Andrew Salerno-Garthwaite

André Leon Talley, the influential fashion stylist, editor and former creative director of Vogue, has died in New York aged 73. The pioneering Black editor, a standout presence in fashion for four decades, was known for his encyclopedic knowledge of the industry’s history. He died last night of a heart attack. His career took him from reception work at Interview magazine under Andy Warhol, to styling Michelle Obama at the White House. At

Swiss luxury brand Bally has named 29-year-old Rhude designer Rhuigi Villaseñor creative director as part of a new repositioning for the 170-year-old label. The signing of the brand's first creative director in five years was announced by Bally board chairman Manuel Martinez in a statement Tuesday. Bally is owned by JAB Holdings, the German investment firm of the Reimann family. Villaseñor is currently the founder and creative director o

The new year is always a time for optimism. This could prove to be justified for the luxury fashion sector in 2022, but there are a myriad of issues to consider in the months ahead.

Ermenegildo Zegna shares surged in its first day of trading on the New York Stock Exchange after combining with a special purpose acquisition company as investors bet the rebrand and funding boost will revive the Italian suitmaker’s fortunes. “Casual wear will help in creating additional opportunities for us,” Gildo Zegna, chief executive officer and third-generation family member, said in an interview with Vogue Business after the bell r

Low demand for Italian luxury fashion house Zegna Group shares, ahead of its listing in New York, has wiped $100 million off the expected market valuation. Zegna Group and Investindustrial Acquisition Corp., the special purpose acquisition company (SPAC) involved in the deal, announced they have completed their business combination to list on 20 December in a statement today. The market valuation reached $2.4 billion as the SPAC investors

Yesterday, Germany imposed restrictions on the activities of unvaccinated people after scientists last week announced the detection of the Omicron variant of Covid-19. The variant is raising the spectre of new lockdown restrictions that could impact luxury fashion retailers, in the midst of the busy holiday season. “Our pharmaceuticals team says we should take [the Omicron variant] very seriously,” says Christian Shulz, an analyst at Citi

This article is part of our Advanced Membership package. To enjoy unlimited access to The Long View from Vogue Business and bi-monthly Market Insights Reports and webinars, sign up for Advanced Membership here. This is the latest in our new Big Data Watch series looking at the big macro-economic, demographic and industry data to forecast the new trends, helping you make better business decisions.

To receive the Vogue Business newsletter, sign up here. PVH chief supply chain officer Sarah Clarke announced the company would be closing down its operations in the Hawassa Industrial Park, a major manufacturing plant run for over five years and the first of its kind in Ethiopia, where PVH employed approximately 1,450 of the site's 30,000-person workforce as of last week. Due to the “speed and volatility of the escalating situation” surrounding the national emergency in Ethiopia, PVH said tha

Martin Fayulu was the clear winner of the Democratic Republic of Congo’s presidential elections last month, a Financial Times analysis of two separate collections of voting data shows, contradicting claims from authorities that rival contender Felix Tshisekedi had won the historic vote. The analysis points to huge fraud in the first change of power since Joseph Kabila took over the presidency of the mineral-rich central African nation almost 18 years ago. It is likely to embolden critics of Mr

In many parts of the world, the outcome of the Covid-19 outbreak has a lot to do with the choices people make about social distancing and obeying restrictions, as well as choices about their own personal care, such as maintaining a more thorough approach to handwashing or, more controversially, when it is appropriate to wear a mask. Those decisions will be influenced by each individual’s knowledge and beliefs, which – in turn – are shaped by the information they receive from government, from hea

The exit poll, released by TV broadcasters at 10pm on the dot, is the major set-piece event of the evening. Andrew Garthwaite, an FT statistical journalist, has compiled a guide on what to expect: The designers of the exit poll credit its repeated success with the access the field workers have to information: they are asking voters who have already made a decision to tell them what they have just done. “In three of the last four general elections...

Sterling traders could be at risk of getting ahead of themselves if they respond too aggressively to tonight’s exit poll, which may be less precise than in recent years, leading academics have warned. Overconfidence in the exit poll, due to be released at 10pm London time, may lead to dramatic fluctuations later in the evening as election results are declared, warned David Firth, the Warwick University statistician who, along with Sir John Curtice of Str

Political campaign groups with no obvious affiliation to any of the UK’s main parties have bought thousands of Facebook ads in the first month of the general election campaign, in a digital battle for votes that transparency campaigners warn is too opaque to be adequately monitored. According to Financial Times analysis, these non-party groups, sometimes referred to as shadow campaigns, have spent more than half a million pounds on ads with Facebook and its subsidiary Instagram, as well as other online networks such as Google and Snapchat.

Delving into the data gathered for masters in management rankings over the past decade underscores the inequality in pay between male and female alumni three years after graduation — but it also highlights some surprises. Other data show the most popular and lucrative careers for alumni and what happens to graduates’ incomes when they move abroad. Three years after graduating with a masters in management, the median salary for men is higher than that for women in every sector of employment. W

“And I was like, ‘An MBA? But that’s not for doctors!’ And he said, ‘Precisely’.” Pelayo de Merlo, 39, recalls the night five years ago, when his husband-to-be startled him out of complacency. While working as an anaesthesiologist, Mr De Merlo enrolled on an online MBA with IE Business School in Spain. Three years after graduation, he became the managing director of Quirònsalud Hospital, Madrid. Mr De Merlo’s medical career was thriving, but he felt that something was amiss. “I didn’t see much

The German nursing homes market looks ripe for consolidation – 15,000 homes are run by 6,000 providers, but the market is heavily regulated. This is what every investor or operator looking at the market ought know according to Hermann Thiel, CEO of healthcare real estate consultancy Terranus. There is huge scope for consolidation Public providers cover 5% of the market, 35-40% is covered by private providers, and the sizeable remainder, 55-60%, is provided by charity-based and religious non-pr

Breaking into the Chinese healthcare market is notoriously difficult for foreigners. It usually requires lengthy relationship cultivation or strong local partners to front up any deal – often both. One expert well grounded in introducing foreign investors to the market tells Healthcare Nova things are about to get even harder. We hear that without an official announcement, government officials have effectively put health provider feasibility studies on hold. Our source tells us: “We were doing

We’ve expanded our Autocare scheme with the opening of a new workshop in Boston, Lincolnshire. The new vehicle maintenance workshop opened at Boston delivery office last month and is equipped with a dedicated MOT service area. Boston is now one of 72 in-house MOT facilities across the country. We have almost doubled our MOT capability in recent times as part of our drive towards greater commercialisation of the business. Fleet technician Paul Hartnett is excited by the new range of commercial work being carried out at the site. ‘It’s brilliant for our apprenticeships,’ he says. ‘You’ve got to make them interested, and apparently we’re doing a good job at that.’

Yesterday, Germany imposed restrictions on the activities of unvaccinated people after scientists last week announced the detection of the Omicron variant of Covid-19. The variant is raising the spectre of new lockdown restrictions that could impact luxury fashion retailers, in the midst of the busy holiday season. “Our pharmaceuticals team says we should take [the Omicron variant] very seriously,” says Christian Shulz, an analyst at Citi

This article is part of our Advanced Membership package. To enjoy unlimited access to The Long View from Vogue Business and bi-monthly Market Insights Reports and webinars, sign up for Advanced Membership here. This is the latest in our new Big Data Watch series looking at the big macro-economic, demographic and industry data to forecast the new trends, helping you make better business decisions.

Sterling traders could be at risk of getting ahead of themselves if they respond too aggressively to tonight’s exit poll, which may be less precise than in recent years, leading academics have warned. Overconfidence in the exit poll, due to be released at 10pm London time, may lead to dramatic fluctuations later in the evening as election results are declared, warned David Firth, the Warwick University statistician who, along with Sir John Curtice of Str

Empty stadiums, canceled fixtures and a massive loss of revenue: the pandemic has wrought havoc on everything from the Olympics to the Superbowl. But some sports have adapted better than others. The Super Bowl is usually America’s biggest sporting event, on a par with Thanksgiving and Christmas. COVID-19 took the shine off this year. There were 25,000 fans allowed at Tampa’s Raymond James Stadium, far short of the 65,890 capacity. Hit hard by the pandemic...

Delving into the data gathered for masters in management rankings over the past decade underscores the inequality in pay between male and female alumni three years after graduation — but it also highlights some surprises. Other data show the most popular and lucrative careers for alumni and what happens to graduates’ incomes when they move abroad. Three years after graduating with a masters in management, the median salary for men is higher than that for women in every sector of employment. W

European deep tech companies are now worth a combined €700B, and account for a quarter of all VC investment in Europe. But what even is Deep Tech, what's special about a Deep Tech startup, why is it important that Europe shows global leadership, and how can that come about? This new European Startups report, in collaboration with Sifted, supported by the European Commission and European Parliament, shows that deep tech – including Artificial Intelligence, blockchain, robotics and quantum technology - explores the next frontiers of innovation, and Europe's place in the deep tech race.

New report by John Crowley and myself shedding light on how the coronavirus pandemic and working from home have affected journalists’ mental health.

In these troubled times for the full-time MBA it will be reassuring to some business schools that traditional strengths such as the brand value of the institution providing the course still count for something. There is change at the top of the FT’s global ranking of MBA courses, but this is largely a reshuffling of the established group of schools at the forefront of business education, all of which are the best-known names in their respective national markets.

Europe is often portrayed as a sort of Goldilocks porridge of business education: not too hot, like the dynamic new Asian markets, but not too cold, like the US, where demand for most MBA courses is in decline. There is no guarantee, however, that the climate at European business schools will always be “just right”. The number of applications to full-time MBA courses was up at 63 per cent of European business schools this year, according to the Graduate Management Admission Council (GMAC), the

Political campaign groups with no obvious affiliation to any of the UK’s main parties have bought thousands of Facebook ads in the first month of the general election campaign, in a digital battle for votes that transparency campaigners warn is too opaque to be adequately monitored. According to Financial Times analysis, these non-party groups, sometimes referred to as shadow campaigns, have spent more than half a million pounds on ads with Facebook and its subsidiary Instagram, as well as other online networks such as Google and Snapchat.

This is the 19th edition of the FT’s annual ranking of the world’s top 100 executive MBA programmes for senior working managers. Participation in the ranking is voluntary and at the business school’s request. EMBA programmes must meet certain criteria to be eligible. First the school must be accredited by either the US’s Association to Advance Collegiate Schools of Business or Europe’s Equis. The EMBA must be cohort-based, with students enrolling and graduating together, and with at least 30 gr

In this year’s Financial Times executive MBA ranking, HEC Paris takes the top spot, up from sixth place last year, helped by the career progress and work experience of the graduates surveyed. There is little movement elsewhere among the list’s top five programmes. The rankings of the EMBA-Global Asia, run by Columbia Business School, the University of Hong Kong and London Business School, and the Ceibs Global EMBA remain unchanged from last year, for example. The executive MBA is a part-time p

While global applications to business schools have declined year-on-year, the outlook for business education in Asia is optimistic thanks to a buoyant domestic market. Nearly half (48 per cent) of the programmes in the region that responded to the Graduate Management Admission Council survey reported an increase in applications from domestic candidates this year. Some 37 per cent said applications from international students had increased. The picture is not so rosy for Australia, however. Som

The masters in management is a rare example of growing demand in today’s subdued global business education market. Applications to MiM programmes around the world rose almost 3 per cent last year, while MBA demand was flat, according to the Graduate Management Admission Council (GMAC). Masters in management courses are also performing better than other specialist masters degrees, such as those focused purely on accountancy or finance. Demand for all specialist business masters degree programmes

This is the 21st edition of the Financial Times rankings of the world’s leading providers of customised and open-enrolment executive education programmes. The first ranking features the top 80 business schools in customised executive education — courses tailored to the training needs of the organisations that commission them. The second ranking includes the top 80 schools for open-enrolment programmes — courses on specific topics, such as leadership, that are directed towards professionals rega

Iese business school, based in Barcelona, tops the combined table for the fifth consecutive year. *This table is compiled from the scores underlying the Financial Times Executive Education 2019 open enrolment and custom rankings, rather than the final rankings; both sets of data are given equal weight, but the overall result is therefore not equal to the average of the two published ranking figures for each school.

It pays to be on top in the business education market. Despite a torrid year for US schools, in which even the elite institutions suffered declines in applications, the same names make up the top 10 of the FT’s 2019 Global MBA ranking as last year. There have been notable shifts in their positions within the top 10, however. Shanghai-based Ceibs (China Europe International Business School) rises to fifth, up from eighth in 2018, making it the highest placed Chinese school to date. Harvard Busi

Martin Fayulu was the clear winner of the Democratic Republic of Congo’s presidential elections last month, a Financial Times analysis of two separate collections of voting data shows, contradicting claims from authorities that rival contender Felix Tshisekedi had won the historic vote. The analysis points to huge fraud in the first change of power since Joseph Kabila took over the presidency of the mineral-rich central African nation almost 18 years ago. It is likely to embolden critics of Mr

Several Markov modulated Poisson process (MMPP) models are developed to describe winter season rainfall with parsimonious parameter use. We propose a methodology for determining the best form of seasonal model for fine-scale rainfall within a MMPP framework. Of those proposed here, a model with a fixed transition rate is shown to be superior over the other MMPP models considered. The model is expanded to include covariate data for sea-level air pressure, relative humidity, and temperature using

In this section, we start off our analysis with a model that allows the pulse lifetime to vary, while keeping the exponential distribution for initial pulse depth. One way to do this is to take the pulse lifetime d as a random variable with a specified distribution. Another approach is to take d as a parameter of the model and seek to estimate it from the data, along with other parameters. We take this second approach in this paper. When d is taken as a parameter, the expressions (4) to (6) for

Since the start of 2021, more than €1bn has been spent on acquisitions by European VC-backed startups — a 10-fold increase on last year. An increasing number of startups are using these buyouts as a part of their growth strategy, allowing them to buy an existing product or talent team and integrate them into their own platform. But does it always make sense? In our most recent Sifted Talks, we asked the experts how startups are using acquisitions to expand their offering and dominate their sec

Construction is a massive industry, accounting for 9% of the EU’s GDP and employing 18m people. But it’s also been notoriously adverse to digitalising and the sector’s productivity has only grown 1% in the last two decades. This alongside evolving climate policies and the pandemic forcing new ways of working presents a golden opportunity for startups to dig into construction’s challenges. This was the topic of our latest Sifted Talks, when we asked experts about how construction startups can h

Embedded finance — when non-banks offer banking-like services — is predicted to be worth $3.6tn by 2030. Startups can get in on the action now by using their customer data and relationships to offer personalised services, but what services should they offer and when? And which sectors have the most to gain? In our most recent Sifted Talks, we embedded ourselves in embedded finance, and asked the big questions to our panel of experts: • None Iana Dimitrova, CEO of global payment and banking as

Embedded finance could transform how we buy goods and services, allowing businesses of all sizes and industries to plug in payment and lending capabilities. So how can businesses get in on the action in a way that actually adds value for customers? Should organisations build their own solutions or turn to third-party solutions? And is everyone really a fintech now? We put these questions to our expert panel during our latest Sifted Talks, which featured experts including: • None Alex Mifsud, C

Businesses spend thousands, if not millions on driving customers to their websites. But what’s the point if lacklustre customer experience (CX) results in a low conversion rate? From personalisation to convenient payment solutions, there are a number of steps a business can take to win over customers. In our most recent Sifted Talks, we asked our expert panel for their insights on building a stellar CX. Our guests included: • None Antoine Nougué, head of commercial for Europe at payments solut

Signs of a worsening climate crisis in the form of wildfires and hurricanes, and the fast-approaching COP26 conference, means reducing carbon emissions is at the top of the news cycle. This means a golden opportunity for sustainable and electrification startups — so how can startups get their tech to market quickly? What are the environmental concerns when it comes to manufacturing electric products? And what role do investors play in reaching net zero? We asked all this and more to our expert

Gaining customers is key to growing your business — but equally important is being able to keep them or, in startup lingo, stop them ‘churning’. In this Sifted Talks, we spoke to three experts to find out if startups should be using tech to retain customers and improve their experiences; which mistakes to avoid when attempting to engage their customers; and how businesses can differentiate their approaches to customer engagement at different stages in their growth. On the panel, answering thes

When it comes to making a successful exit, timing is everything. Misjudge the market and all your hard work could end in a flop. So how can founders best prepare for a sale, SPAC or IPO — and what comes after? We asked all this and more to our panel of experts during our latest Sifted Talks, including: Rosh Wijayarathna, head of corporate finance at Silicon Valley Bank; Giles Palmer, chief growth officer at software provider Cision and former CEO of consumer intelligence company Brandwatch, wh

The number of people sleeping rough rose by 169% between 2010 and 2017. During the bitter cold of the 2017-2018 winter, some deaths made headlines, including that of a man who died close to the Palace of Westminster. Despite many vulnerable people being known to the authorities, local journalists and charities were often the only ones that reported these deaths. The Bureau spoke to councils, hospitals, coroners' offices, police forces and NGOs. While there is a charitable network recording in

Rising rough sleeping is a major concern, people in Birmingham have told HuffPost UK, as they shared their experiences of seeing an increase in homelessness in the city centre. Local Jonny Betteridge said he had walked past five homeless people “in as many metres” as people shared their reactions as part of HuffPost Listens, a project to go out in the city and listen to people.

The concept of the “newsroom” is one that conjures images of huddles of desks bustling with reporters, editors and producers working to cover the day’s events in real-time, surrounded by TV screens flashing breaking updates and the latest analytics. With the start of social distancing policies as a response to the COVID-19 crisis, newsrooms have quickly had to reconfigure as distributed, digital spaces. We are going to be working within distributed frameworks for a significant amount of time, f

Caliphate children: what awaits them after IS* The terrorist organization "Islamic State" (IS, earlier ISIL) (banned in Russia by the court), which managed to capture significant territories of Iraq and Syria in 2014-2016, since its appearance, had actively attracted militants from many countries, including Russia. In its heyday, the strength of the grouping exceeded 30,000 fighters , two-thirds of them being foreigners . Among militants from Russia, who went to fight for the IS*, many were fro

Getting financial backing from VCs is an essential aspect of many startups’ growth. And when it comes to catching their attention, learning why they say ‘no’ is as important as why they say ‘yes’. In our latest Sifted Talks, we went straight to the source. We spoke to Zoë Chambers, principal at Octopus Ventures, Camilla Mazzolini, principal at First Minute Capital, and Dave Rosenberg, head of marketing at Oracle NetSuite, about why founders get rejected. 1. Product-market fit and founder-marke

Europe’s on-demand grocery battle is getting bloody, and VCs are shovelling money into the sector. Meanwhile, pilots for mobile parcel lockers and drone delivery services for coffee and nappy cream are popping up — and taking flight — across cities and small towns. Long story short, last-mile delivery — the startups getting products off the shelves and into consumers’ homes — is booming. In our most recent Sifted Talks, we discussed all things last-mile delivery, from logistics to speedy groce

Valuations in the open banking space are soaring far beyond revenues — but is it all unfounded hype? It’s undoubtedly an exciting space; open banking companies like Tink, TrueLayer and Plaid are leading the way in building the so-called “plumbing” of banking, allowing third-party financial service providers open access to consumer banking data via APIs, and letting customers pay directly from their accounts. But what roadblocks are open banking still facing? And can the vertical’s fintechs com

In the post-Brexit scramble of companies looking for an EU HQ, Lithuania has rocketed to the top of Europe’s fintech scene — and is touted by many as the EU’s fastest-growing fintech hub. But how did this Baltic nation manage to attract the likes of Curve and SumUp? And what lessons should the rest of Europe’s fintech ecosystems learn from Lithuania? During the latest Sifted Talks, we discussed all this and more with our panel of experts including; Marius Jurgilas, board member of the Bank of

Exchanging capital for equity isn’t the only way to finance a startup. And for many founders, retaining as much ownership as possible is a pretty attractive prospect. One way of getting an influx of cash and retaining ownership is via debt — venture debt, more specifically. But what exactly is it? Which startups are best placed to use venture debt, and how can they do so successfully? We asked these questions and more to our most recent Sifted Talks panel of experts, including: Sonya Iovieno,

The oldest Gen Zs are already entering the world of work and finance. Experts predict their collective earnings will make up more than a quarter of global income by 2030. How can fintechs attract this group of ‘digital natives’ while turning a profit? And in the battle for Gen Z’s hearts (and wallets), who will win — the incumbents or the fintechs? We put these questions to the experts in our latest Sifted Talk, including: Stephen Ritter, CTO at digital identification company Mitek; Louise Hil

There’s big value in building a trustworthy brand. According to Microsoft Advertising research, 85% of consumers say they’ll only buy from a brand they trust. But how do startups begin to build this trust with clients and customers? And what happens if they lose their customers’ confidence? We discussed all this and more during our latest Sifted Talks, featuring expert insight from: Kate Sandle, director of programmes and engagement at B Lab UK; Ning Li, founder of skincare brand Typology and