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Malone Souliers names Blahnik, Vuitton and Lauren veteran as its new CEO

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Malone Souliers names Blahnik, Vuitton and Lauren veteran as its new CEO


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November 12, 2025

British luxury shoes and bags label Malone Souliers has a new CEO with Andrew Wright, who joins with a powerful track record, taking the helm.

Malone Souliers

Wright has spent eight years at another luxury British brand also specialising in footwear and bags — the globally known Manolo Blahnik.

While there he held the executive posts of global chief commercial officer and most recently, president of the Americas. Understandably, his new company said he’ll “bring a wealth of business expertise, leadership and strategic insight to Malone Souliers”.

The time spent at Manolo Blahnik was just one aspect of his distinguished career with that career stretching back 30 years. He started at Ralph Lauren, where he spent over a decade developing international sales and product merchandising strategies.

After that he held roles including at Louis Vuitton as global merchandising & business development director and global retail learning director. In these roles he “made a lasting impact by shaping both product assortment and talent development strategies, driving operational excellence across all international markets”. 

After Louis Vuitton, he was a retail excellence consultant to British footwear brand Nicholas Kirkwood.

But particularly important is his extensive knowledge of the US market, as well as his “proven dedication to brand building, and strong commercial acumen [that] make him the optimal appointment to guide Malone Souliers into its next phase of growth and innovation”.

The company is targeting growth in the key US market as well as internationally in general and will open a new office and showroom in New York this month.

Mary Alice Malone, founder and chief brand director, said: “I am beyond thrilled to welcome Andrew Wright as our new CEO . His exceptional leadership experience, global perspective, and deep industry knowledge will be instrumental as we continue to expand our presence and strengthen our brand worldwide.”

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Fashion

Higher energy costs to slow India FY27 growth to 6.5%: ICRA

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Higher energy costs to slow India FY27 growth to 6.5%: ICRA



India’s gross domestic product (GDP) growth is expected to moderate to 6.5 per cent in fiscal 2026-27 (FY27) from the projected 7.5 per cent in FY26 owing to the adverse impact of elevated energy prices and concerns around energy availability, according to ICRA Ratings.

While trends in high frequency indicators for January-February 2026 appear favourable, the heightened uncertainty around the duration of the Middle East conflict casts a shadow on the near-term macroeconomic outlook for India amid high import dependency for items like crude oil, natural gas and fertilisers, it noted.

India’s FY27 GDP growth is likely to slow to 6.5 per cent from the projected 7.5 per cent in FY26 owing to the impact of higher energy prices and concerns around energy availability, ICRA Ratings said.
The heightened uncertainty around the duration of the Iran war casts a shadow on the near-term macroeconomic outlook for India.
If the conflict lasts longer, the adverse effects could widen across sectors.

If the conflict lasts for an extended period, the adverse implications of the same could widen across sectors, amid an uptick in input costs and the consequent impact on profitability of the India corporate sector.

Amid the projected uptrend in the consumer price index-based inflation in FY27 with risks tilted to the upside, ICRA Ratings expects an extended pause on the policy rates by the central bank’s monetary policy committee in the fiscal despite the anticipated softening in the GDP growth. However, it expects the Reserve Bank of India to continue to intervene on the liquidity front during FY27.

The available data for January–February FY2026 indicate a positive trend across most non-agricultural indicators, with the year-on-year performance of 12 out of 18 indicators improving compared to the third quarter of FY26, while the remaining six deteriorated.

Fibre2Fashion News Desk (DS)



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Indonesia’s apparel exports at $8.7 bn; 56% shipments to US

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Indonesia’s apparel exports at .7 bn; 56% shipments to US




Indonesia’s apparel exports rose modestly to $8.705 billion in 2025 from $8.316 billion in 2024, reflecting gradual recovery.
The US remained dominant, accounting for over 56 per cent of shipments, highlighting growing market dependence.
While Japan, South Korea and Europe offered stability, exports stayed concentrated in key products and segments.



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Methanol jumps nearly 150% as oil surge disrupts markets

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Methanol jumps nearly 150% as oil surge disrupts markets




Methanol prices in India have surged nearly 150 per cent from pre-Iran–US tension levels, tracking a sharp rise in crude oil and tightening global energy markets.
Hormuz disruption risks, limited rerouting capacity, rising freight and insurance costs, and constrained imports are fuelling volatility, with prices seen approaching ₹90 per kg.



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