These are the stories making headlines in fashion on Thursday.
Hailey Bieber Fronts Miu Miu’s Fall 2026 Campaign
Miu Miu Fall 2026 campaign. Photo: Zoe Ghertner/Courtesy of Miu Miu
Hailey Bieber and Xiao Wen Ju are the stars of Miu Miu’s Fall 2026 campaign, photographed by Zoe Ghertner. Set against a nocturnal industrial backdrop, the images emphasize the collection’s intentional contrasts. Bieber and Ju were photographed wearing Miu Miu’s oversized outerwear, its Bubble shoe and vintage-inspired eyewear. {Fashionista inbox}
Moncler Group’s H1 2026 Revenues Rise 9%
Moncler Group reported a 9% revenue bump to €1.29 billion ($1.46 billion) in the first half of 2026, which ended on June 30. Moncler, the brand, also saw a 9% rise in revenue to €1.09 billion ($1.24 billion) compared to €1.04 billion ($1.18 billion) in the first half of 2025. Stone Island’s revenues in the first half rose 11% to €200.3 million ($227.8 million). {Moncler Group}
Ermenegildo Zegna Group Reports 10.3% Revenue Growth in Q2
Ermenegildo Zegna Group’s Q2 2026 revenues spiked by 10.3% year-on-year to €517.1 million ($588 million). Zegna saw 16.9% year-on-year revenue growth in Q2, Tom Ford Fashion reported a 4.5% increase and Thom Browne remained flat from Q2 2026 to Q2 2025. The group’s DTC revenues were also up by 16.4% to €410.9 million ($467 million). {Zegna Group}
Chanel Names New CFO
Hélène de Tissot is Chanel’s new chief financial officer. De Tissout succeeds Philippe Blondiaux, who is retiring at the end of the year. De Tissout previously served as CFO of Pernod Ricard in Asia, and will join Chanel in October before officially taking on the role in January. {Business of Fashion/paywalled}
Another Spanx CEO Is Reportedly Exiting
Robert Trauber is reportedly exiting his position as Spanx’s CEO, according to Puck. Trauber joined the company in May and will be replaced by an interim CEO, Jennifer Holland. Holland will be Spanx’s fourth CEO in eight months. The company’s finance chief, Joshua Jacobs, will also reportedly be replaced by Rhys Morgan, an Alvarez & Marsal alum. {Puck/paywalled}
Gucci Releases 2025 Equilibrium Report
Gucci released its 2025 Equilibrium Report, which highlights its efforts to reduce its environmental impacts, expand its sustainability initiatives and support emerging artisans. Gucci was awarded one of 2025’s “Best Places to Work for Disability Inclusion,” and supplied $350,000 in grants to Gucci Changemakers North America. The Italian luxury house also raised more than €4.5 million ($5.12 million) to support culture and heritage programs around the world. {Gucci}
Eileen Gu Named Giorgio Armani Global Makeup Ambassador
Olympic skier Eileen Gu is Giorgio Armani’s newest global makeup ambassador. Gu will appear in campaigns for Armani’s Lip Maestro and Dolci Makeup Blush. “Partnering with Armani Beauty is such a natural, instinctive next step for me,” Gu said in a statement. “I’ve always been drawn to how Armani celebrates authentic, effortless beauty and empowers women to embrace their inner strength. {WWD/paywalled}