Dolce & Gabbana has announced major leadership changes, with founding Chairman Stefano Gabbano stepping down and his successor, Alfonso Dolce, stepping in. This comes as the brand navigates financial restructuring and potential negotiations regarding his 40% stake in the company. Dior is preparing a major 2027 Cruise show at LACMA in Los Angeles, with Jonathan Anderson set to unveil his vision at the Los Angeles County Museum of Art (LACMA). Fear of God has also announced the departure of CEO Bastien Daguzan and the elimination of the CEO position from its organizational structure. Saks Global, the parent company of Saks Fifth Avenue, Neiman Marcus, and Bergdorf Goodman, is set to emerge from Chapter 11 bankruptcy with $500 million in exit financing. Hermès has expanded its presence in China with its first freestanding store in Beijing's Sanlitun district.