Latest News & Analysis
Introducing High Margin, a Luxury Newsletter From Robert Williams
Weekly perspectives on creativity and business in the world of expensive things.
Ear-Piercing Studios Look to Fill a Claire’s-Sized Hole in the Market
With Claire’s in bankruptcy and closing hundreds of stores, there’s a void in the market that startups and a growing number of independent studios hope to fill. They’re turning what used to be a fast and casual procedure into one that prioritises health, hygiene and comfort.
Coty Revenues Drop 6%, Forecasts Second-Quarter Sales at Top End of Guidance
The American cosmetics giant said demand for core fragrances from Chloé and Hugo Boss had insulated it from a further decline, and expects a return to growth in the second half of its fiscal year.
E.l.f. Beauty Shares Plunge as Sales Fall Short
The company projects over $1.5 billion in sales for the fiscal year, citing Rhode’s record-breaking Sephora performance.
The Debrief | The Human Cost of Trump’s Tariffs
A surprise 50 percent duty on Indian apparel has frozen orders and shuttered factories across key hubs. The Debrief asks reporter Shayeza Walid what’s happening on the ground, who’s bearing the brunt and what relief could actually help.
Kering’s Investor Pullback, Shein vs. France’s Fashion Establishment
Analysts are urging caution on the Gucci owner’s turn-around, while a push into retail by the Chinese ultra-fast fashion giant is ruffling feathers in Paris.
France Suspending Shein After Complaints Over Sex Dolls, Weapons
The French government said it would temporarily suspend the Chinese e-commerce giant Shein, just hours after it opened its first store in Paris.
Tory Burch Names New President of North America
McKinsey retail partner Joëlle Grunberg will succeed Christophe de Pous as the American womenswear brand’s new head for the region.
Olivier Rousteing Departs Balmain
Rousteing is stepping down after 14 years as creative director, the French fashion house announced.
V&A East, a New Museum for Gen Z
Director Gus Casely-Hayford discusses the mission behind the Victoria and Albert Museum’s East London offshoot.
How Body Scrubs Became Gen-Z Collector’s Items
Body scrubs have long been a shortcut to the at-home spa experience, but thanks to Gen-Z’s ‘everything shower’ ritualists, the category has gained a gloopy new lease of life.
Novo Cuts Outlook Once Again, Highlighting Obesity Struggles
The Ozempic and Wegovy maker pared its forecast for a fourth time this year on lagging sales of its blockbuster drugs, underscoring the urgency facing its new chief executive.