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.

Companies will need to embed crisis-born innovations into long-term strategies to future-proof their business models, resulting in radical and enduring changes to their organisations and the wider industry, says The Business of Fashion and McKinsey’s Coronavirus Update to The State of Fashion 2020.

Israel-based start-ups have built 3D software cutting down design time and saving water compared to less sustainable processes in India and China.

The German sportswear brand unveiled its latest Consortium collaboration as it continues to explore the potential of digital light synthesis 3D printing technology.

First-half results provided further evidence of a luxury recovery, although caution over currency headwinds dampened investor enthusiasm.
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This week, Amazon is predicted to account for half of US online retail by 2021, while Adidas prepares to mass produce its new "Futurecraft 4D" shoe.

The new 'Futurecraft 4D' shoe is part of a broader push by the sportswear giant to react faster to changing fashions and create more customised products.

This week, the comeback of Chinese social media app Weibo has attracted luxury brands and why augmented reality is set to be bigger than virtual reality.

Rachel Shechtman, the founder and chief executive of the Manhattan-based concept store Story, shares seven key lessons for ensuring success in brick-and-mortar retail.
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To accompany the launch of BoF’s first paid courses, we examine how online learning has broken down financial and geographical barriers to knowledge and the implications for fashion.

In today's political arena where image is vital, Anna Wintour is advising US presidential candidate Hillary Rodham Clinton on her wardrobe in her campaign against Donald Trump, BoF has learned.

3D printing has significant implications for luxury garments, shoes and bags, as well as jewellery, eyewear and watchmaking, argues Pascal Morand.

BoF talks to Anita Bitton about the changing business of casting and how demand for content is driving demand for talent.
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.
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.
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.
The fashion editor and stylist is reuniting with longtime collaborator Alastair McKimm, chief creative officer of Wonderland parent Visual Talent Ltd.
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).
Sales in the Americas fell 70 to 75 percent.
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.
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.