Saudi Fashion Commission to Host Virtual Meeting on Youth Empowerment in Fashion Industry

The Saudi Fashion Commission logo
The Saudi Fashion Commission logo
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Saudi Fashion Commission to Host Virtual Meeting on Youth Empowerment in Fashion Industry

The Saudi Fashion Commission logo
The Saudi Fashion Commission logo

The Fashion Commission will conduct a virtual meeting on Thursday dedicated to empowering young individuals in the fashion industry and exploring innovation.
The meeting aims to delve into avenues for empowering youth and uncovering available opportunities in this dynamic sector. Key discussions will encompass six focal points, including youth empowerment in the fashion industry, the impact of technology in enhancing their capabilities, upcoming trends in the field, fostering creativity and design skills, and spotlighting success narratives of young talents in the industry.
This meeting forms part of a series of open dialogues routinely organized by the Fashion Commission to bolster communication with the Saudi fashion community and showcase the commission's endeavors in sector development and nurturing local talents.



Estee Lauder’s Long-Time CEO Fabrizio Freda to Retire 

The Estee Lauder section of the Nordstrom flagship store is seen during a media preview in New York, US, October 21, 2019. (Reuters)
The Estee Lauder section of the Nordstrom flagship store is seen during a media preview in New York, US, October 21, 2019. (Reuters)
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Estee Lauder’s Long-Time CEO Fabrizio Freda to Retire 

The Estee Lauder section of the Nordstrom flagship store is seen during a media preview in New York, US, October 21, 2019. (Reuters)
The Estee Lauder section of the Nordstrom flagship store is seen during a media preview in New York, US, October 21, 2019. (Reuters)

Estee Lauder said on Monday its long-time CEO Fabrizio Freda had decided to retire from the company at the end of fiscal 2025.

Freda joined Estee in 2008 as president and chief operating officer and was later named the MAC lipstick maker's CEO.

Estee said the board was considering internal and external candidates as part of its CEO succession planning.

Until a successor is appointed, Freda will continue to lead and oversee the company's strategic, financial and investment priorities, Estee said.

Estee has trimmed its global workforce and is trying to shore up its margins as part of a turnaround plan.

The company's results are due later on Monday.