These are the stories making headlines in fashion on Tuesday.Who Are Beauty’s Highest-Paid CEOs?WWD analyzed CEO compensation for the publicly traded companies on the 2025 WWD Beauty Top 100 and revealed the highest-paid CEOs in the beauty industry. Procter & Gamble CEO Jon R. Moeller took the top spot at $21,909,816, followed by Galderma CEO Flemming Ørnskov at $21,015,644 and former Coty Inc. CEO Sue Nabi at $19,691,333. See the full ranking of the 27 public companies that disclosed CEO salary information here. {WWD/paywalled}Saks Global CEO Details Post-Bankruptcy StrategyIn an interview with Business of Fashion, Saks Global CEO Geoffroy van Raemdonck discussed the company’s post-bankruptcy strategy. Van Raemdonck and his team eliminated expenses such as $55 million in annual rent to Saks’ real estate joint venture for Lord & Taylor stores that had shuttered years ago and the closing of most of its off-price business. “Where we have more work to do is differentiating the voice, the positioning, the imagery,” he told Business of Fashion. “Part of what the industry should expect is a greater differentiation over time.” {Business of Fashion/paywalled}Target Launches Ambassadors Program With LTKIn place of its previous creator program, Target launched Club Target and Target Ambassadors, with the latter made in collaboration with creator commerce platform LTK. Club Target is made for smaller creators or enthusiastic Target shoppers, while Target Ambassadors is designed for larger creators, offering commissions and monthly bonuses for eligible content. These programs coincide with Target’s new strategy centered around its “merchandising authority,” guest experience and technology.…
