Member Exclusives
The Next Chapter of Swarovski’s ‘Pop Luxury’ Turnaround
A campaign fronted by Ariana Grande is the Austrian crystal maker’s latest effort to build on sales momentum in a slowing market: Revenue grew 4.5 percent in the first half. Swarovski plans to keep blending the codes of luxury and value, while spotlighting its message of ‘joyful extravagance’ to a wider audience, CEO Alexis Nasard says.
How to Design Wellness Programmes Employees Actually Use
Rather than offering gym memberships and spa days as purely superficial perks, fashion firms must learn to treat wellness as a business tool that truly enhances employee happiness and productivity.
Diotima’s Rachel Scott, Willy Chavarria Take Home CFDA Fashion Awards
Raul Lopez and Henry Zankov were also among the winners at the Council of Fashion Designers of America’s annual ceremony.
A Perfume Brand Asks, ‘What China Downturn?’
Despite local pullback from premium brands, cult fragrance maker Perfumer H has big plans for the region. First up, a Shanghai mega-store, slated to open early next year.
This Week: Adidas, Prada Offer a Respite From a Grim Earnings Season
A slew of brands should report strong results even amid an unpredictable economy and slumping luxury sales.
The Blocking of the Tapestry-Capri Merger Spells Trouble for American Fashion
The dream of creating an American answer to LVMH and Kering faced a major setback this week after a federal judge championed the Federal Trade Commission’s narrow definition of the sub-luxury handbag market.
Is Fast Fashion Worth Recycling?
As the EU seeks to crack down on a growing glut of clothing waste, the rise of low-value ultra-fast-fashion, along with increased competition and geopolitical disruption, are putting pressure on the economics of collecting, sorting and recycling used textiles.
The Business of Beauty Haul of Fame: Live from New York, It’s Drugstore Mascara!
Can sketch comedy sell makeup? Maybelline and E.l.f. Cosmetics are finding out.
Fashion Brands Are Capitalising on Baseball’s Biggest World Series in Decades
The high-profile matchup between the New York Yankees and Los Angeles Dodgers has brands from both cities finding creative ways to take advantage, with or without an official MLB licence.
US Court Blocks Tapestry’s $8.5 Billion Acquisition of Rival Capri
The FTC argued at an eight-day trial in New York that the merger would eliminate fierce head-to-head competition between the top two US handbag makers.
Mulberry to Cut Nearly a Quarter of Corporate Roles
The British handbag maker will lay off around 85 people globally as it aims to chart a path back to profitability after fending off a takeover bid from billionaire Mike Ashley’s Frasers Group.
The Era of Big Price Hikes Is Over, Giving Comfort to the Fed
Businesses are responding to customer fatigue with price increases by shifting focus to more affordable products, reflecting a broader trend that may help curb inflation and support continued Federal Reserve interest rate cuts.