PAI Partners to Acquire Elemis from L’Occitane
The French private equity group announced on Wednesday that it will buy the UK skin and body care brand for an undisclosed sum.
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Financial Markets
Kering Q3 Sales Growth Beats Estimates
Kering SA reported third-quarter revenue growth that beat analysts’ estimates as demand for Puma footwear and Saint Laurent dresses offset declining sales of Gucci handbags.
News & Analysis
Fendi Puts Rome's 'Square Colosseum' to Work
A boxy monument to Italy's Fascist era is filling with workers for the first time in its 70-year history, as Fendi opens its new headquarters at the restored "Square Colosseum".
News & Analysis
The Rise of the Chief People Officer
As an increasing number of fashion companies appoint their first chief people officer, BoF asks, is the CPO a key business hire, or a HR rebrand too far?
Financial Markets
Why Isn’t There an Italian LVMH?
As LVMH, Richemont and Kering enter a period of consolidation, there is no Italian conglomerate to take them on in the fight for ownership of Italy’s brands. Why?
News & Analysis
WME-IMG Debuts All-Fashion Network for Apple TV
Made2Measure is the first network of its kind, offering wall-to-wall fashion programming. Will it work?
News & Analysis
A Rare Look Inside Tokyo's Bunka Fashion College
Japan’s Bunka Fashion College has produced some of the world’s most celebrated avant-garde designers, from Yohji Yamamoto to Junya Watanabe. BoF uncovers the school’s unique approach to fashion education.
Workplace & Talent
This Week on BoF Careers: Aldo, The Coveteur, Lily and Lionel
LONDON, United Kingdom — Our Monday Motivation contains curated career advice from leading executives, entrepreneurs and creatives in conversation
News & Analysis
Christopher Kane, 3.1 Phillip Lim, Erdem & Roksanda on Turning 10 Years Old
A decade after they launched, Christopher Kane, 3.1 Phillip Lim, Erdem and Roksanda have emerged as five of the world's most promising young fashion businesses. What are their strategies for the future?
Financial Markets
Burberry to Slash CEO Bailey’s Pay Amid Chinese Sales Slump
Burberry Group Plc chief executive officer Christopher Bailey will get a pay cut along with other employees after the UK trenchcoat maker forecast a second year of declining profit.
Financial Markets
Nike Expects Sales to Accelerate, Hitting $50 Billion by 2020
Nike Inc. projected that sales gains will accelerate in the next five years, with revenue hitting $50 billion in 2020 as its women’s business doubles.
Financial Markets
Prada Should Be Prada
Prada is one of the best known and most loved fashion brands in the world. But its sales, profitability and share price have all taken a dive. Luca Solca asks, what can be done?
Fashion Week
The Row's Wonderland
Ashley and Mary-Kate Olsen's designs are distinguished by deluxe minimalism.
The News in Brief
Estée Lauder Sets 2030 Growth, Margin Targets as Turnaround Advances
At its capital markets event in Shanghai, leadership said it aims to deliver mid-single-digit organic net sales growth through fiscal 2030, and unveiled a new cost-cutting and strategic roadmap.
Nykaa Quarterly Profit Nearly Triples on Beauty Demand, Margin Gains
The Indian beauty retailer said on Wednesday its second-quarter profit nearly tripled, as improved operating efficiency and strong demand for premium beauty products boosted margins.
Report: CVS Plans to Break Up Healthcare Conglomerate
The US retailer is planning to spin off its pharmacy business in what would be one of the biggest-ever breakups in the healthcare industry, according to reports.
Pandora Nudges Up Outlook, Speeds Up Launches
The jeweller edged up its near-term revenue and profitability targets as efforts to keep the brand affordable pay off.
Novo Nordisk Hikes 2026 Outlook Again
The Ozempic maker raised its full-year outlook for the third time this year on Wednesday as its Wegovy pill beat third-quarter sales forecasts, boosting the Danish firm's bid to win back ground from US rival Eli Lilly.
Dsm-Firmenich Raises Growth Outlook in Line With Expectations
The fragrance firm reported third-quarter core profit a touch above market expectations on Wednesday, and raised its full-year growth outlook but failed to impress investors.
M&S Sales Recovering After Last Year’s Cyber Attack
Sales and profit from clothing and homeware remain below two years ago but ‘brand is in good health.’