Member Exclusives
Meta Sued by Rhode Island Over Alleged Tolerance for Scam Advertising
According to the state’s complaint, Meta displays around 15 billion ‘higher risk’ scam ads to users every day, and earned roughly 10 percent of its 2024 revenue from fraudulent e-commerce, dubious health products and other banned marketing.
Paris Luxury Boutiques Battered by Riots Brace for Unrest
The impact of the rioting is likely to ripple across the tourism industry, which would deepen luxury’s slump.
Kering Sales Down 1% as China Weighs on Gucci Revamp
Gucci sales fell 6 percent on a comparable basis as falling demand in China sent turnaround efforts backwards. Retail sales grew 2 percent at the group’s other fashion brands.
How Big Can E.l.f. Get?
This week, Priya Rao wonders if the conglomerate’s hero brand can really be a multi-category proposition.
Prada Q3 Revenue Up 1%, as Miu Miu Sales Drop for First Time in Four Years
The luxury group’s results reflect a wider industry slowdown marked by subdued demand in Mainland China.
Cardi B’s Plan to Win Haircare: the Beauty Supply Store
For her brand’s retail debut, the rapper eschewed big box chains in favour of beauty supply stores. The Business of Beauty rides along in a front-row seat to her vision.
Cashing In on the Denim Boom Is Harder Than It Looks
Brands from Jenni Kayne to Fabletics have flooded into the category in recent months, but breaking through requires an obsessive attention to fit and a distinctive point of view.
Beauty Giants Target ‘Ozempic Face’ as Boom in Obesity Drugs Opens New Market
Galderma, Natura and L'Oréal are designing products for customers worried about facial sagging and volume loss, looking to capitalise on a new set of skin concerns.
How Saie Beauty Bested Tom Ford
Influencer Hannah Chody spent years trying to find a dupe for a discontinued Tom Ford eyeshadow. While the Estée Lauder-owned brand stayed quiet, Saie Beauty stepped up to fill the void — and landed a smash-hit success product in the process.
Why Did Chanel Invest in Mid-Tier Watchmaker Ebel?
Chanel joined independent watchmaker F.P. Journe in the $66.5 million purchase of the Swiss brand, a big bet as mid-range watches are hardest hit by an industry slump.
Paris, We Have a Problem: Why European Luxury Is Under Pressure in China
Savvier clients, stronger local competitors and a fragile economic recovery are eroding the conditions that fuelled decades of growth for the likes of LVMH and Kering.
Ferragamo Quarterly Sales Decline in Setback For Turnaround Efforts
The Italian fashion house flagged a deteriorating trend in China.