Reformation and Its Backers Raise $210.9 Million in IPO
The womenswear brand and shareholders including private-equity backer Permira raised new funds in an IPO that priced shares at the bottom of the marketed range.
body-care
Beauty
Lush Begins Wholesale Distribution in Ulta
The British chain, best known for bath bombs and other body care products has announced a partnership with Ulta that will allow the company to widen its distribution in North America.
Lush Begins Wholesale Distribution in Ulta
The British chain, best known for bath bombs and other body care products has announced a partnership with Ulta that will allow the company to widen its distribution in North America.
Global Markets
Why Japanese Beauty Giants Are Buying Up Global Brands
M&A is gathering pace in Japan’s beauty industry as local conglomerates look to diversify their portfolios beyond Asia and target high-growth categories overseas.
Why Japanese Beauty Giants Are Buying Up Global Brands
M&A is gathering pace in Japan’s beauty industry as local conglomerates look to diversify their portfolios beyond Asia and target high-growth categories overseas.
Beauty
Unilever is Selling Dollar Shave Club After 7 Years of Trying to Make it Work
Dollar Shave Club, the brand that pitched cheap razors with quirky commercials, is being sold by Unilever, its multinational owner.
Unilever is Selling Dollar Shave Club After 7 Years of Trying to Make it Work
Dollar Shave Club, the brand that pitched cheap razors with quirky commercials, is being sold by Unilever, its multinational owner.
Beauty
Unilever’s Plan to Restore Market Share Underwhelms Investors
Unilever Plc named a new chief financial officer and overhauled its division heads as new Chief Executive Officer Hein Schumacher promised to revive a company whose ability to win market share reached a record low.
Unilever’s Plan to Restore Market Share Underwhelms Investors
Unilever Plc named a new chief financial officer and overhauled its division heads as new Chief Executive Officer Hein Schumacher promised to revive a company whose ability to win market share reached a record low.
Global Markets
Japanese Beauty Giant Kao Corporation to Acquire Australia’s Bondi Sands
The Tokyo-based group behind brands such as John Frieda, Jergens and Bioré and the Melbourne company known for its sunscreen and self-tanning products did not disclose terms of the deal.
Japanese Beauty Giant Kao Corporation to Acquire Australia’s Bondi Sands
The Tokyo-based group behind brands such as John Frieda, Jergens and Bioré and the Melbourne company known for its sunscreen and self-tanning products did not disclose terms of the deal.
Partner Content
2023 Trends at the World’s Largest B2B Beauty and Cosmetics Event
Cosmoprof Worldwide returned this March, attracting 2,980+ exhibiting companies from 64 countries. Now, BoF shares its insight on the key trends of the event.
2023 Trends at the World’s Largest B2B Beauty and Cosmetics Event
Cosmoprof Worldwide returned this March, attracting 2,980+ exhibiting companies from 64 countries. Now, BoF shares its insight on the key trends of the event.
The News in Brief
Adidas Shares Plunge After World Cup Spend Dents Profit
Shares in the company fell the most on record after its marketing outlay for the World Cup resulted in lower-than-expected quarterly profit.
British Fashion Council to Boost UK Fashion Beyond London
The new national initiative, Fashion Britain, aims to increase growth, innovation and participation in the industry across key cities.
Hermès’ Chief Watches China’s Pork Prices to Gauge Luxury Demand
When it comes to gauging the possibility of a sales rebound for his luxury group in China, Hermès executive chairman Axel Dumas turns to an unusual metric.
Hermès Shares Dive as Sales and Chinese Weakness Disappoint
Hermès second quarter sales rose 7 percent, lifted by a recovery in tourism in Europe and strong demand in the US.
Shein Discloses FTC Probe in US, Warns of Significant Payments
According to documents the ultra-fast-fashion company filed in connection with its planned Hong Kong IPO, Shein is cooperating with the investigation and could face significant fines.
Frasers Group Takes a Position in Burberry
The billionaire Mike Ashley’s investment arm disclosed Tuesday it holds an interest worth a potential 4.2 percent of the voting rights in Burberry.
EssilorLuxottica Beats Forecasts, AI Glasses and Myopia Products Drive Growth
The Franco-Italian eyewear maker reported a 15 percent rise in first-half profit, beating expectations, while revenue growth was driven by strong demand for AI-enabled glasses myopia products.