Amorepacific Third-Quarter Revenue Rises 11%, Overseas Growth Cools
Revenue growth outpaced the previous quarter in the Korean conglomerate’s domestic market, but slowed internationally.
accessible-luxury
Fashion Week
The Case for Global Fashion Cooperation
In today’s complex and connected world, the major challenges facing fashion can only be addressed through greater global cooperation.
Fashion Week
Coach Making a Play For the Major Leagues
As the mid-market leather goods house celebrates its 75th anniversary with a large-scale show, the buzz around the company's acquisition strategy continues to swell.
Retail
R.M. Williams Steps Up its Retail Ambitions
The heritage Australian bootmaker, backed by LVMH private equity arm L Capital Asia, is expanding its global retail footprint, but can its measured strategy prevent another accessible luxury brand from becoming a victim of its own success?
Luxury
Theory Gets Serious About Handbags
Theory chief executive Andrew Rosen and creative director of accessories Rory O'Hanlon discuss their approach to the brand’s first full-fledged handbag and accessories collection.
Financial Markets
Victor Luis on Transforming Coach in Turbulent Times
BoF's Imran Amed talks to Coach CEO Victor Luis about the company's return to growth amidst wider market uncertainty.
Luxury
Super Shrink Me: The Rise of the Mini Handbag
In the last decade, luxury handbag prices have skyrocketed. Now, brands are making smaller versions of iconic styles to win back aspirational consumers.
Luxury
Op-Ed | Global Luxury: How to Win When You're Everywhere
In an era of global luxury, the right balance between exposure and scarcity is critical, argues Robert Burke.
Luxury
The Race to Control the Luxury Leather Business
As more fashion labels push into the accessories business, luxury titans like Kering, LVMH and Hermès jockey for control of a leather market in flux.
Financial Markets
Handbag Industry Tightens Purse Strings to Cope With Slow Sales
Michael Kors Holdings Ltd., Kate Spade & Co. and Coach Inc. all topped analysts’ earnings estimates for the past quarter after the retailers cut costs and reduced discounts.
Financial Markets
Do 'Accessible Luxury' Brands Have an Inherently Limited Lifespan?
Affordable luxury brands can be financial juggernauts. But does their accessible pricing and widespread distribution mean they have an inherently limited lifespan?
The News in Brief
Hearst Magazines Names Juliana Stock President
Current president Debi Chirichella will be Hearst Magazine’s next chair.
Lilly Raises Sales Forecast, Widening Lead in Obesity Market
Eli Lilly & Co. raised its full-year sales forecast as demand for its blockbuster obesity and diabetes drugs continues to surge, giving the drugmaker more momentum as it expands into pills and develops even more powerful weight-loss treatments.
US to Temporarily Allow Compounding of Six Peptides
The move relaxes rules to access some peptide compounds for recovery, sleep and cognition and will require pharmacies to notify regulators about adverse events.
Adidas Keeps Humming With Apparel, Performance Sports Growth
The German sneaker brand on Thursday reported strong growth in apparel and sports gear, led by running, training and football products, elaborating on preliminary results published last week.
Uniqlo Scraps Price Rise on $2 Socks After Japanese Shopper Outcry
The decision underscores the challenge Japanese retailers face as persistent inflation squeezes household budgets.
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.
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.