These are the stories making headlines in fashion on Tuesday.
Who Are Beauty’s Highest-Paid CEOs?
WWD analyzed CEO compensation for the publicly traded companies on the 2025 WWD Beauty Top 100 and revealed the highest-paid CEOs in the beauty industry. Procter & Gamble CEO Jon R. Moeller took the top spot at $21,909,816, followed by Galderma CEO Flemming Ørnskov at $21,015,644 and former Coty Inc. CEO Sue Nabi at $19,691,333. See the full ranking of the 27 public companies that disclosed CEO salary information here. {WWD/paywalled}
Saks Global CEO Details Post-Bankruptcy Strategy
In an interview with Business of Fashion, Saks Global CEO Geoffroy van Raemdonck discussed the company’s post-bankruptcy strategy. Van Raemdonck and his team eliminated expenses such as $55 million in annual rent to Saks’ real estate joint venture for Lord & Taylor stores that had shuttered years ago and the closing of most of its off-price business. “Where we have more work to do is differentiating the voice, the positioning, the imagery,” he told Business of Fashion. “Part of what the industry should expect is a greater differentiation over time.” {Business of Fashion/paywalled}
Target Launches Ambassadors Program With LTK
In place of its previous creator program, Target launched Club Target and Target Ambassadors, with the latter made in collaboration with creator commerce platform LTK. Club Target is made for smaller creators or enthusiastic Target shoppers, while Target Ambassadors is designed for larger creators, offering commissions and monthly bonuses for eligible content. These programs coincide with Target’s new strategy centered around its “merchandising authority,” guest experience and technology. {Modern Retail}
Olivia Jade Giannulli Launches Makeup Brand
Olivia Jade Giannulli is launching her beauty brand O.Piccola on Tuesday. The brand is debuting with its Bronze & Glow Balm, a dual-sided bronzer and highlighter stick, which is available for $44 in three shades. The venture is self-funded, and Giannulli is currently O.Piccola’s only employee. {WWD/paywalled}
Shein v. Temu U.K. Trial Spotlights Supply Chains
In a U.K. trial, Shein accused Temu of “astonishing” levels of copyright infringement, while Temu said its rival waged an “aggressive and relentless battle” using copyright allegations to undermine competition. The trial offers a rare window into Shein and Temu’s supply chains, and the outcome will influence their supplier relationships as the two fast-fashion giants pose a threat to European retailers. {Bloomberg/paywalled}
Stylist Kithe Brewster Dies at 60
Celebrity stylist Kithe Brewster died at 60 on May 3 in Dubai. Brewster’s clientele included Julianne Moore, Janelle Monáe, Beyoncé, Adrien Brody, Cate Blanchett, Drew Barrymore, Salma Hayek and Winona Ryder, among others. Brewster died of a heart attack while en route to the hospital after having respiratory difficulties. {WWD/paywalled}
