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Worldview | Japan Considers Removal of Tax-Free System for Tourists
This week’s round-up of global markets fashion business news also features China’s factory-gate deflation, Mongolia’s prime minister’s resignation and Shein doubles down on India-made fashion.
Chinese Tourists Ramp Up European Summer Trips as Americans Cut Back
Increased Chinese demand will buoy hoteliers and restaurateurs across the continent as newly price-sensitive Americans hit the breaks on vacations in Europe.
Chinese Beauty Brands Explore Foreign M&A to Spur Growth
Following S’Young Group’s acquisition of US luxury brand Revive Skincare in 2024, Chinese companies are evaluating whether to snap up foreign brands to broaden their global reach.
How to Acquire Customers with Instagram Ads in 2025
As paid marketing on Meta gets cheaper and easier to target customers, brands are getting more strategic about the content that attracts consumers at different points in their shopping journey.
Is Sailing Ready for Its Fashion Moment?
As global sailing race SailGP embarks on its fifth season and prepares to be the subject of a new docuseries, fashion and beauty brands such as Tommy Hilfiger and L’Oréal are joining in as sponsors.
The Business of Beauty Global Forum: Our Place in Culture
Now in its third year, The Business of Beauty Global Forum kicked off its first day with conversations around how culture is shaping today’s beauty industry, featuring SpaceNK CEO Andy Lightfoot, Lip Bar founder Melissa Butler and more.
The Independents Acquires Culinary Studio We Are Ona
The conglomerate’s latest acquisition marks its entry into the culinary space.
Attorney for Deported Makeup Artist: If ‘It Could Happen to Him … It Could Happen to You.’
Lindsay Toczylowski, whose client Andry José Hernández Romero has not been heard from since his deportation to El Salvador in March, forcefully defended the rule of law in a talk at The Business of Beauty Global Forum.
Report: Shein and Reliance Doubling Down on India-Made Fashion
The ultra-fast fashion giant and partner Reliance Retail plan to rapidly expand their Indian supplier base and start overseas sales of India-made, Shein-branded clothes within six to 12 months, sources told Reuters.
L’Oréal to Acquire British Skincare Brand Medik8
The world’s biggest beauty company has acquired a majority stake in the English premium skin care line known for its science-backed serums.
Opinion: A Luxury Travel Bubble Is Swelling
Hotels and airlines are chasing aspirational vacationers willing to shell out big bucks. What happens when they stop?
Why Chanel Is Getting Into the Recycling Business
The French luxury giant is launching a new circularity focused venture with investments in waste management and recycling companies, much as it has bought up top-end ateliers in a decades-long push to future-proof its supply chain.