These are the stories making headlines in fashion on Friday .

People Inc. Cuts 195 Jobs

People Inc., Barry Diller’s company formerly known as IAC, is laying off 195 employees primarily in print and website departments, according to a memo from CEO Neil Vogel. The company, which owns People, InStyle and Byrdie, had 5,156 employees at the end of last year. Vogel said it has hired 320 people in 2026 and plans more “meaningful investments” in 2027. The layoffs came a day after MGM Resorts’ CEO said discussions between the two companies had ended, following People Inc.’s abandoned bid for a majority stake in MGM. { The Hollywood Reporter }

Dries Van Noten Names Adrian Ward-Rees President

Dries Van Noten has named Adrian Ward-Rees as its next president. Ward-Rees, previously chief business officer of Moncler Grenoble, will start Dec. 1. He succeeds Axel Keller, who is stepping down after more than five years and will stay through the end of the year to help with the handover.…