These are the stories making headlines in fashion on Friday.
People Inc. Cuts 195 Jobs
People Inc., Barry Diller’s company formerly known as IAC, is laying off 195 employees primarily in print and website departments, according to a memo from CEO Neil Vogel. The company, which owns People, InStyle and Byrdie, had 5,156 employees at the end of last year. Vogel said it has hired 320 people in 2026 and plans more “meaningful investments” in 2027. The layoffs came a day after MGM Resorts’ CEO said discussions between the two companies had ended, following People Inc.’s abandoned bid for a majority stake in MGM. {The Hollywood Reporter}
Dries Van Noten Names Adrian Ward-Rees President
Dries Van Noten has named Adrian Ward-Rees as its next president. Ward-Rees, previously chief business officer of Moncler Grenoble, will start Dec. 1. He succeeds Axel Keller, who is stepping down after more than five years and will stay through the end of the year to help with the handover. The change comes as collections by Creative Director Julian Klausner are posting double-digit growth in 2026. {Vogue Business}
Carlos Nazario Releases His First Book
Stylist Carlos Nazario, who was recently named editor-in-chief of Wonderland, has released his first book, “Silver Lining,” a 300-page collection meant to capture the spirit of the 2020s. The 38-year-old said he made it as a lasting statement for future generations, with a focus on people and bodies the fashion world has often overlooked. It includes photography, essays and conversations with friends such as Erykah Badu, Solange Knowles and Paloma Elsesser, along with an interview with his grandmother. {CNN}
Hugo Boss Resets Womenswear Under Kerstin Dorst
Hugo Boss is resetting its womenswear business, starting with its Fall 2027 collection, under Kerstin Dorst, who joined in January as senior vice president of the womenswear unit. Dorst said in an interview with WWD that the brand had “lost the creativity of what we can do with a wardrobe”. The roughly 200-piece collection centers on feminine tailoring, with a sharper core making up about 20% of the range, and prices stay at core levels while selectively expanding the upper range. Dorst said the goal is to put Boss back in women’s minds, in line with the company’s “better before bigger” strategy. {WWD/paywalled}
The RealReal Q3 Revenue Jumps 19%
The RealReal said third-quarter revenue rose 19% to $206 million, topping the 13.4% growth analysts expected, and the luxury resale marketplace raised its full-year forecast. Gross merchandise volume climbed 23% to $642 million and active buyers over the past 12 months rose 13% to about 1.15 million. The company now expects 2026 revenue of $806 million to $810 million, up from its earlier range of $788 million to $797 million. Shares rose 5.3% in after-hours trading, though they are still down 28% for the year. {The RealReal; WWD/paywalled}
How Fashion in the Middle East Is Rethinking Growth
Fashion businesses across the Gulf are adapting to months of conflict involving the U.S., Israel and Iran, even as malls and events look busy again. Prada Group’s Middle East retail sales fell 23% in the first nine months of 2026 and LVMH’s finance chief called the Middle East a continued “headwind”. Some regional brands said shipping costs have risen as much as fourfold as disrupted sea routes push them toward air freight, and an attack this month on Riyadh’s airport led to the cancellation of nearly 90% of flights there. In response, brands are increasingly focusing on resident shoppers, and Kering reported a sequential recovery in Middle East sales in the third quarter. {Business of Fashion/paywalled}
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