Gucci, one of the most recognized names in the luxury sector, is entering a defining chapter in its history. Sales have fallen by roughly twenty five percent and profits have been cut nearly in half, creating a sharp contrast to the brand’s legacy of strength and influence. These numbers reflect more than short-term turbulence. They signal a deeper vulnerability at a time when competition in the luxury market is more intense than ever.

IndusInd Bank of India has appointed Viral Damania as CFO effective September 22, 2025. This follows a $230 million loss tied to accounting irregularities of internal derivative trades. The accounting lapse also prompted earlier resignations by former CEO Sumant Kathpalia and deputy Arun Khurana. Damania, with 27 years of banking experience including senior finance roles at Bank of America India and Citibank North America, is expected to help stabilize financial reporting, reinforce internal controls, and rebuild credibility.

Many large employers are tightening hybrid norms to regain speed, alignment, and apprenticeship. Microsoft’s plan to require most employees to work in office at least three days per week is the clearest signal so far. The policy reframes presence as a tool for work that benefits from proximity, not a blanket statement about trust. It also raises hard design questions for leaders. Which activities truly need in person time. How should schedules, spaces, and coaching evolve so that office days raise quality rather than just count attendance.

This week’s edition spotlights leadership choices made under pressure from cyber risk, succession planning, shifting client demand, and profit headwinds. You will see how M&S responds to a costly cyberattack