Must Read: Marni Inks Beauty Deal With Coty, Simon Porte Jacquemus Wins Neiman Marcus Award

These are the stories making headlines in fashion on Tuesday.

Marni inks beauty deal with Coty
Coty, one of the world's largest beauty companies, announced a new licensing agreement on Tuesday with Italian luxury fashion brand Marni to develop fragrances and beauty products beyond 2040. The first offering under this agreement is expected to debut in 2026, and it will focus on translating Marni's identity into beauty. "The alliance with Coty, a pioneering force in the beauty industry, marks a pivotal moment in the evolution of Marni, in line with our commitment to offer a holistic brand experience," Marni's CEO Barbara Calò said in a press release. "Through the introduction of fragrances and beauty products, that will seamlessly integrate into our brand universe, we're redefining the brand's boundaries, opening up new opportunities of affirmation for Marni." {Fashionista inbox}

Simon Porte Jacquemus wins 2024 Neiman Marcus Award
Neiman Marcus announced on Tuesday that Simon Porte Jacquemus, founder and creative director of Jacquemus, is the 2024 recipient of the Neiman Marcus Award for Innovation in the Field of Fashion. The luxury retailer recognizes Jacquemus for his unique show presentation, marketing and merchandising tactics that have challenged the status quo in the fashion industry. Jacquemus will be celebrated alongside previously announced honorees Maria Grazia Chiuri and Daniel Roseberry during Paris Fashion Week at the Ritz. {Fashionista inbox}

Loro Piana CEO on the brand's future
Since Damien Bertrand became Loro Piana's CEO in late 2021, the LVMH-owned luxury fashion brand's strategy has shifted to lean more contemporary and appeal to a wider audience. Loro Piana launched leather goods, its fastest growing category, including the Bale handbag line. Looking to the future, Bertrand wants to enter into interiors with Loro Piana and continue honing the brand's specialty in ultra-luxe garments using rare, raw materials. "My mandate is to make Loro Piana the pinnacle of luxury and the most desirable maison in the world," Bertrand told Business of Fashion. {Business of Fashion/paywalled}

This next-gen fashion collection wants to prove the possibilities of sustainability
Everloop is a new six-piece capsule collection tackling multiple sustainability issues at once, created via a collaboration between Positive Materials, Petratex, PDS Ventures and six next-gen materials and green chemistry startups: Amphico, Materra, Nature Coatings, Pact, Ponda and Savian by Biofluff. The collection will be revealed at fashion materials trade show Première Vision in Paris, and its main goal is showcasing that sustainability is not an abstract concept for the future. "Having the ability to not only showcase better materials that have been tried and tested by the industry, but also showcase next-gen materials in the same capsule collection is an amazing sort of feasibility study that will hopefully reduce barriers to adoption moving forward," John Bertolaso, chief technology officer at Materra, told Vogue Business. {Vogue Business/paywalled}

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