Latest News & Analysis
Heritage Fashion Brand Belstaff Bought by British Sportswear Group Castore
The billionaire Sir Jim Ratcliffe’s Ineos purchased the struggling British motorcycle gear brand for an undisclosed sum.
Nike Cuts Corporate Staffers Amid Realignment
Layoffs will impact less than 1 percent of the company’s corporate team and are part of a restructuring led by chief executive Elliot Hill.
Fashion Keeps Betting on K-Pop
Internet-favourite brand Guizio — known for its mini-skirts, dresses and sweater-sets favoured by pop stars and influencers — created a capsule collection with the group ahead of its first North American tour.
Indie Skincare Brand Bubble Hires Investment Bank
The maker of affordable products like Slam Dunk Moisturiser and Soft Launch cleanser has hired the investment bank Centerview to explore its growth options, founder Shai Eisenman confirmed to The Business of Beauty.
Brunello Cucinelli Operating Profit Up 8.8% in First Half
The Italian group has proved more resilient than others in the luxury sector amid an industry slowdown.
Ssense to File for Bankruptcy Protection After Creditors Push for Sale
BoF has learned that the Montreal-based e-commerce retailer told employees it is filing for the Canadian equivalent of bankruptcy protection to ward off a forced sale by lenders.
Dick’s Raises Its Outlook on Strong Sporting Goods Demand
The activewear and sporting goods retailer is set to close the $2.4 billion Foot Locker deal in September.
Victoria’s Secret Comeback Shows Progress With Sales Rebound
New CEO Hillary Super’s strategy to revive the business has been focused on the young-adult brand Pink, bras and beauty.
Bath and Body Works Sales Flat, Profits Dip
The US mass fragrance retailer’s general, administrative and store costs weighed on profits, but its loyalty program drove increased spend and store visits.
Katrina Kaif Brings Indian Beauty to the World
In just six years, Kay Beauty has become India’s fastest-growing celebrity-founded beauty line. Kaif and Nykaa co-founder Adwaita Nayar spoke exclusively to The Business of Beauty about the brand’s global ambitions.
Sotheby’s to Bring Auction Series to Abu Dhabi, Eying Local Rich
The auction house will launch its first series in Abu Dhabi this December, as the emirate aims to become a global destination for art and luxury.
Abercrombie & Fitch Raises Annual Sales Forecast on Hollister Strength
Demand for Hollister’s dresses and jeans has remained strong as well-heeled US shoppers have shown little resistance to rising prices on premium apparel.