Puig Targets €8 Billion in Annual Sales by 2032
Ahead of its first Capital Markets Day in Madrid, the Spanish beauty group has unveiled its “Vision 2032” and detailed its plans to grow its share of the global fragrance market.
Community Events
Partner Content
The Business of Beauty and Amazon Beauty Celebrate Founder-Led Brands in Los Angeles
Founders and executives from Arrae, Phlur, Danessa Myricks Beauty, Haus Labs, Pattern Beauty, Kosas, Patrick Ta, Ilia, Summer Fridays and One/Size by Patrick Starr gathered in Los Angeles for dinner to celebrate the city’s thriving founder-led beauty community.
Technology
How Executives Are Thinking About AI
At The Business of Fashion’s roundtable in Milan, executive members and the editorial team explored how fashion businesses are approaching the rapidly evolving, often mysterious and sometimes controversial topic of generative AI.
Retail
Selling to Consumers in Uncertain Times: What Executives Need to Know
At The Business of Fashion’s roundtable in London, executive members and the editorial team explored why shoppers’ behaviour has become more unpredictable, and how brands can adjust.
Partner Content
Fashion Executives on Finding Brand Success on TikTok
This September, BoF and TikTok co-hosted an intimate roundtable with executives from the likes of TikTok, LVMH, Calvin Klein, Fendi, Tiffany & Co., Van Cleef & Arpels and E.l.f. Beauty, to discuss how brands can effectively build digital intimacy with their communities and drive commercial results.
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Partner Content
Fashion Executives Examine the Industry Swing From Performance to Brand Marketing
BoF and Ekimetrics brought together CMOs, CBOs and leaders from the New York fashion industry to discuss the shift from performance to brand marketing. Executives from Gucci, Givenchy, Versace, Estée Lauder, Victoria Beckham Beauty, Saks Fifth Avenue, Neiman Marcus Group, Ganni, Artizia, Anine Bing and Vestiaire Collective shared their insights.
Partner Content
At Milan Fashion Week, Industry Leaders Gather to Discuss Gender Equity and the Next Generation of Talent in Luxury
In a roundtable co-hosted by Bulgari and BoF, executives representing the likes of Gucci, Versace, Marni, Tod’s, Meta, McKinsey and more discussed topics such as female-identifying representation in leadership and sponsorship in the workplace. BoF shares key insights below.
Partner Content
How Luxury Can Better Support Female Empowerment
In a roundtable co-hosted by Bulgari and BoF over Milan Fashion Week, thought-leaders from fashion, luxury and their adjacent industries shared insights and learnings on how to power positive change for the female-identifying workforce.
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The News in Brief
Report: Puig, CVC, Cinven Eye Luxury Fragrance Maker Parfums de Marly
Private equity firms CVC Capital Partners and Cinven, along with Spanish beauty group Puig, are considering acquiring Parfums de Marly, the luxury fragrance brand owned by Advent International, two people familiar with the matter told Reuters.
Beauty and Home Care Drive Unilever Sales, Food Unit Falters
The UK conglomerate raised its annual volume growth forecast on beauty, personal and home care demand, despite a lagging food sector and the impact of geopolitical conflict on costs.
Carlos Nazario Appointed Editor in Chief of Wonderland
The fashion editor and stylist is reuniting with longtime collaborator Alastair McKimm, chief creative officer of Wonderland parent Visual Talent Ltd.
Aritzia Seeks to More Than Double Sales by 2032
New categories and brick-and-mortar expansion beyond North America are set to drive Aritzia’s quest to hit $10.5 billion CAD ($7.5 billion).
Pop Mart Quarterly Sales Fall Up to 50% as Labubu Fad Cools
Sales in the Americas fell 70 to 75 percent.
Zegna to Take Summer Fashion Show to Beijing
The Italian label has continued to enjoy solid growth in China, defying a wider downturn in demand for European luxury. The June 11 presentation of its summer collection will be the latest in a series of travelling shows.
Beiersdorf Sales Slightly Miss Expectations on Nivea Weakness
The German consumer goods maker marginally missed market expectations for third-quarter sales growth on Tuesday, with its key Nivea brand posting a third straight quarterly sales decline.