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News Brief: Kering Is the Official Fashion Partner of Cannes, Fast Retailing's CEO Has Some Big Growth Goals

And a new millennial-approved app allows shoppers to watch infomercials on their smartphones.
Julianne Moore at Cannes. Photo: Francois Durand/Getty Images

Julianne Moore at Cannes. Photo: Francois Durand/Getty Images

These are the stories making headlines in fashion this afternoon.

Kering Named the Official Fashion Partner of Cannes
Cannes keeps on getting more glamorous: Kering — the parent company of Gucci, Stella McCartney, and Saint Laurent — is now the official fashion partner for the annual film festival. Kering CEO Francois-Henri Pinault talks why red carpet matters, women's rights and what he sees in the future of the luxury goods industry. {The Hollywood Reporter}

Uniqlo Sets Some Lofty Growth Targets
WWD sat down with Tadashi Yanai, the eccentric president and CEO of Fast Retailing, who details his ambitious plan to make Uniqlo the world’s largest apparel retailer by 2020 and to gross more than $250 billion by 2030. {WWD}

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