Nivea Maker Beiersdorf Cuts Guidance for 2026, Citing Market Conditions
Beiersdorf trimmed its full-year guidance on Monday on slower-than-expected recovery at its core brand Nivea and other economic headwinds.
Opinions
Luxury
Who Should Be Gucci’s New CEO?
Following this week’s announcement that longtime Gucci chief Marco Bizzarri will exit the company in September, Imran Amed shares his top picks for one of the top jobs in the global luxury industry.
Who Should Be Gucci’s New CEO?
Following this week’s announcement that longtime Gucci chief Marco Bizzarri will exit the company in September, Imran Amed shares his top picks for one of the top jobs in the global luxury industry.
Sustainability
Op-Ed | Fashion’s Materials Revolution Is Here to Stay
The industry needs next-generation materials to meet its climate commitments, and quality, not capital, is the most important nut to crack, argues MycoWorks CEO Matthew Scullin.
Op-Ed | Fashion’s Materials Revolution Is Here to Stay
The industry needs next-generation materials to meet its climate commitments, and quality, not capital, is the most important nut to crack, argues MycoWorks CEO Matthew Scullin.
News & Analysis
Why Fashion Brands and Wealthy Americans (Still) Love London
The British economy may be in the doldrums, but London remains a magnet for international fashion brands and American tourists, writes Imran Amed.
Why Fashion Brands and Wealthy Americans (Still) Love London
The British economy may be in the doldrums, but London remains a magnet for international fashion brands and American tourists, writes Imran Amed.
Sustainability
Why Mushroom Leather (and Other New Materials) Are Struggling to Scale
Late last month, leading materials start-up Bolt threads said it had paused operations for its leather alternative Mylo. The company’s struggle to raise funds points to deeper challenges for the sector, writes Kenneth Pucker.
Why Mushroom Leather (and Other New Materials) Are Struggling to Scale
Late last month, leading materials start-up Bolt threads said it had paused operations for its leather alternative Mylo. The company’s struggle to raise funds points to deeper challenges for the sector, writes Kenneth Pucker.
Fashion Week
Why Does Fashion Need Haute Couture?
On Monday at 10 a.m., a swarm of extremely well-heeled clients — dressed in Schiaparelli looks, holding Schiaparelli bags and wearing bright gold Schiaparelli jewellery, often the same pieces, from the same collections — proceeded en masse into the Petit Palais in Paris.
Why Does Fashion Need Haute Couture?
On Monday at 10 a.m., a swarm of extremely well-heeled clients — dressed in Schiaparelli looks, holding Schiaparelli bags and wearing bright gold Schiaparelli jewellery, often the same pieces, from the same collections — proceeded en masse into the Petit Palais in Paris.
Luxury
Imran Amed & Luca Solca: How Big Luxury Dominates Fashion
Courtesy of System Magazine, BoF’s Imran Amed and Bernstein analyst Luca Solca discuss how the biggest French luxury companies dominate the fashion industry. ‘They control the whole ecosystem; they have a lock on it.’
Imran Amed & Luca Solca: How Big Luxury Dominates Fashion
Courtesy of System Magazine, BoF’s Imran Amed and Bernstein analyst Luca Solca discuss how the biggest French luxury companies dominate the fashion industry. ‘They control the whole ecosystem; they have a lock on it.’
Beauty
Kering’s Beauty Strategy Comes Into Focus
This week, Kering’s beauty strategy came into focus when the world’s second largest luxury fashion group announced that it is acquiring the niche fragrance brand Creed at a price close to $3 billion.
Kering’s Beauty Strategy Comes Into Focus
This week, Kering’s beauty strategy came into focus when the world’s second largest luxury fashion group announced that it is acquiring the niche fragrance brand Creed at a price close to $3 billion.
China
Op-Ed | The Luxury Party Is Fizzling in China
Doubts about the country’s post-pandemic recovery is making investors, and perhaps shoppers, nervous.
Op-Ed | The Luxury Party Is Fizzling in China
Doubts about the country’s post-pandemic recovery is making investors, and perhaps shoppers, nervous.
Sustainability
Op-Ed | Circularity Is a Fashionable Fantasy
The buzzy concept is a chimaera that distracts from the root cause of fashion’s worsening environmental impact: overconsumption, argues Ken Pucker.
Op-Ed | Circularity Is a Fashionable Fantasy
The buzzy concept is a chimaera that distracts from the root cause of fashion’s worsening environmental impact: overconsumption, argues Ken Pucker.
Retail
How Aurora James Launched the 15% Pledge — Book Excerpt
An excerpt from ‘Wildflower: A Memoir,’ the story of how fashion designer Aurora James pushed American retailers to embrace Black-owned brands.
How Aurora James Launched the 15% Pledge — Book Excerpt
An excerpt from ‘Wildflower: A Memoir,’ the story of how fashion designer Aurora James pushed American retailers to embrace Black-owned brands.
Luxury
Jil Sander and the Power of Love
Designers Luke and Lucie Meier have softened the fast-growing brand’s signature rigour with a newfound dreaminess that is all about them, writes Tim Blanks.
Jil Sander and the Power of Love
Designers Luke and Lucie Meier have softened the fast-growing brand’s signature rigour with a newfound dreaminess that is all about them, writes Tim Blanks.
Luxury
Op-Ed | Debunking the Quiet Luxury Myth
‘Quiet luxury’ appears to be spreading like wildfire, but the trend is likely to prove both shallow and fleeting, argues Eugene Rabkin.
Op-Ed | Debunking the Quiet Luxury Myth
‘Quiet luxury’ appears to be spreading like wildfire, but the trend is likely to prove both shallow and fleeting, argues Eugene Rabkin.
The News in Brief
Soshe Launches at Ulta Beauty
The refillable clean makeup brand will enter the complexion category as it makes its debut across over 700 Ulta Beauty doors.
Shein Said to Weigh Cost Reset for Late Backers Before IPO
The retailer is considering lowering the investment cost for late backers who came in at a valuation of up to $64 billion as it prepares to list at a much lower value, people familiar with the matter said.
GLP-1 and Cosmeceutical Skincare Usage Spike Bathroom Mini Fridge Demand
As shoppers incorporate weight-loss drugs and more sophisticated skincare into their daily routines, a cottage industry is growing.
The Met’s Next Fashion Blockbuster Will Spotlight Galliano
The fashion icon, as famous for his singular talent as a scandal that cost him one of the industry’s top jobs, will become one of only three living designers to get a major solo exhibition at the museum.
Abbvie Earnings Beat Estimates as Botox Shows Signs of Revival
Abbvie reported second quarter profit and sales that topped expectations, driven by strong demand across its immunology and neuroscience franchises and further signs of a recovery in Botox.
Puma Results Show Progress on Turnaround
The German sports brand posted a narrower loss in the second quarter as it pushed ahead with an effort to restore growth next year.
DSM-Firmenich’s Fragrance-Led Core Profit Beat Sends Shares Higher
DSM-Firmenich beat market expectations for second-quarter core earnings, said full-year sales growth should reach the upper end of its target range on the back of broad-based volume growth.